AutoNation Q1 revenue falls 2% to $6.6 billion; adjusted EPS flat at $4.69
AutoNation reported first quarter 2026 revenue of $6.6 billion, down 2% from a year earlier, and operating income of $314.3 million, down 6%. GAAP diluted EPS rose to $5.85 from $4.45, but this includes $54 million of net gains on equity investments, and adjusted EPS was flat at $4.69. The company repurchased $300 million of its shares in the quarter, reducing its share count by 4%.
Key points
- Revenue was $6,552.1 million versus $6,690.4 million a year earlier, a 2% decrease.
- Operating income was $314.3 million, down 6%; adjusted operating income was $311.7 million, down 7%.
- GAAP diluted EPS was $5.85 versus $4.45; adjusted diluted EPS was $4.69 versus $4.68, excluding $54 million of net gains on equity investments.
- AutoNation repurchased 1.5 million shares for $300 million in the quarter and $391 million year-to-date through April 29, 2026, with more than $685 million of authorization remaining.
The filing
Written by AI on Nov 8, 2026, 12:59 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on May 01, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.