SONIC AUTOMOTIVE INC
For the period ended Jun 30, 2026. Filed Jul 30, 2026.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Jun 30, 2026 · Filed Jul 30, 2026
SAH$63.15+2.3%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Condensed Consolidated Statements of Operations
| Three Months Ended June 30, | Six Months Ended June 30, | |||
|---|---|---|---|---|
| 2026 | 2025 | 2026 | 2025 | |
| (Dollars and shares in millions, except per share amounts) | ||||
| Revenues: | ||||
| Retail new vehicles | $1,769.3 | $1,666.1 | $3,376.8 | $3,322.4 |
| Fleet new vehicles | 24.8 | 29.4 | 45.4 | 51.5 |
| Total new vehicles | 1,794.1 | 1,695.5 | 3,422.2 | 3,373.9 |
| Used vehicles | 1,329.7 | 1,180.7 | 2,599.3 | 2,405.7 |
| Wholesale vehicles | 70.5 | 83.3 | 142.1 | 166.1 |
| Total vehicles | 3,194.3 | 2,959.5 | 6,163.6 | 5,945.7 |
| Parts, service and collision repair | 530.2 | 495.6 | 1,046.9 | 970.0 |
| Finance, insurance and other, net | 209.5 | 202.1 | 412.0 | 392.8 |
| Total revenues | 3,934.0 | 3,657.2 | 7,622.5 | 7,308.5 |
| Cost of sales (1): | ||||
| Retail new vehicles | (1,677.9) | (1,566.9) | (3,200.9) | (3,133.8) |
| Fleet new vehicles | (24.3) | (28.9) | (44.6) | (50.4) |
| Total new vehicles | (1,702.2) | (1,595.8) | (3,245.5) | (3,184.2) |
| Used vehicles | (1,283.1) | (1,132.6) | (2,504.3) | (2,311.3) |
| Wholesale vehicles | (73.7) | (84.9) | (146.9) | (168.8) |
| Total vehicles | (3,059.0) | (2,813.3) | (5,896.7) | (5,664.3) |
| Parts, service and collision repair | (258.8) | (241.7) | (510.9) | (475.5) |
| Total cost of sales | (3,317.8) | (3,055.0) | (6,407.6) | (6,139.8) |
| Gross profit | 616.2 | 602.2 | 1,214.9 | 1,168.7 |
| Selling, general and administrative expenses | (444.6) | (412.6) | (871.6) | (792.9) |
| Impairment charges | — | (172.4) | (0.4) | (173.8) |
| Depreciation and amortization | (40.0) | (40.5) | (78.6) | (80.4) |
| Operating income (loss) | 131.6 | (23.3) | 264.3 | 121.6 |
| Other income (expense): | ||||
| Interest expense, floor plan | (20.9) | (18.3) | (40.2) | (38.3) |
| Interest expense, other, net | (30.4) | (27.4) | (58.7) | (55.0) |
| Other income (expense), net | — | (0.1) | — | — |
| Total other income (expense) | (51.3) | (45.8) | (98.9) | (93.3) |
| Income (loss) before taxes | 80.3 | (69.1) | 165.4 | 28.3 |
| Provision for income taxes - benefit (expense) | (22.9) | 23.5 | (47.1) | (3.3) |
| Net income (loss) | $57.4 | $(45.6) | $118.3 | $25.0 |
| Basic earnings per common share: | ||||
| Earnings per common share | $1.82 | $(1.34) | $3.63 | $0.74 |
| Weighted-average common shares outstanding | 31.6 | 34.1 | 32.6 | 34.0 |
| Diluted earnings per common share: | ||||
| Earnings per common share | $1.79 | $(1.34) | $3.58 | $0.72 |
| Weighted-average common shares outstanding | 32.1 | 34.1 | 33.0 | 34.7 |
(1)Cost of sales is exclusive of depreciation and amortization shown separately below.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.