Every 10-Q that Lithia Motors, Inc. (LAD) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow LAD and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full LAD filings page.
Lithia Motors reported Q2 2026 revenue of $9.79 billion, up 2.2% year over year, with six‑month revenue of $19.06 billion. Net income attributable to the company was $260.0 million for the quarter and $360.4 million year‑to‑date, while diluted EPS was $11.54 in Q2 and $15.68 for the first half. New‑vehicle margins continued to normalize, reducing new‑vehicle gross profit, but used vehicles and especially aftersales grew, with aftersales gross profit up 7.9% for the first six months. Captive Financing Operations were a strong contributor, with income rising to $57.8 million for the half on portfolio growth, wider interest margin and improving credit performance.
Operating leverage weakened as SG&A rose to 70.3% of gross profit year‑to‑date. Operating cash flow turned to an outflow of $174.1 million, with large uses of cash for inventories and finance receivables, while total floor plan debt increased to $6.39 billion and non‑recourse notes payable to $2.74 billion. The company remained acquisitive, completing six deals that added $103.1 million of revenue and $5.0 million of operating income, and expanded capital returns by repurchasing $534.0 million of stock under a total $3.7 billion authorization. Liquidity was about $1.3 billion at June 30, 2026, including $110.3 million of cash and $1.1 billion of undrawn credit capacity.
Lithia Motors, Inc. reported slightly higher Q1 2026 revenue of $9.27 billion, up 1% from $9.18 billion a year earlier, driven mainly by used vehicle and aftersales growth. New vehicle revenue declined as margins normalized and units fell.
Net income attributable to Lithia Motors dropped to $100.4 million from $209.5 million, and diluted EPS decreased to $4.28 from $7.94, reflecting higher SG&A costs and a large unrealized loss on the Pinewood Technologies equity investment. Operating margin narrowed to 3.6% from 4.4%.
Cash flow from operations swung to an outflow of $108.4 million from an inflow of $322.1 million, largely due to working capital and finance receivables growth, while the company remained acquisitive and active in returning capital, spending $145.3 million on acquisitions, $97.1 million on capital expenditures, $297.0 million on share repurchases, and $12.8 million on dividends. Liquidity at March 31, 2026 totaled about $1.39 billion, including $160.8 million of cash and $1.17 billion of available credit.
Lithia Motors (NYSE: LAD) reported Q3 2025 results with revenue of $9,675.8 million, up from $9,221.0 million a year ago. Net income attributable to the company was $217.1 million versus $207.3 million, and diluted EPS was $8.61 compared with $7.73. Year to date, revenue reached $28,437.1 million and diluted EPS was $26.42. Gross profit for the quarter was $1,466.0 million, while floor plan interest expense declined to $57.8 million from $76.6 million.
The company continued active portfolio moves. It closed multiple dealership acquisitions in 2025 for $417.6 million in cash, contributing $149.0 million of revenue and $7.4 million of operating income since closing. It expanded liquidity by amending its US Bank syndicated credit facility to a $6.5 billion commitment (expandable to $7.0 billion), updated its Mizuho warehouse facility to allow up to $1.0 billion, and issued $600.0 million of 5.500% senior notes due 2030. Non‑recourse notes tied to auto receivables totaled $2,245.7 million outstanding. The company repurchased 2,102,524 shares in 2025 at a $313.41 average; $910.1 million remained authorized. Cash from operations was $233.0 million year to date.