Lithia Motors Q1 revenue rises 1% to $9.3 billion; diluted EPS falls 46% to $4.28
Lithia Motors reported first-quarter 2026 revenue of $9.3 billion, up 1% from $9.2 billion a year earlier, but diluted earnings per share attributable to LAD fell 46% to $4.28 from $7.94. Adjusted diluted EPS was $7.34, down 7%, after excluding an unrealized loss on its Pinewood Technologies investment and other non-core items. The board also approved a $0.57 per share dividend payable May 22, 2026.
Key points
- Q1 2026 revenue was $9.3 billion, up 1% from $9.2 billion in Q1 2025
- Net income was $102.0 million, down 51.7%; adjusted net income was $173.3 million, down 18%
- Diluted EPS was $4.28 versus $7.94; adjusted diluted EPS was $7.34 versus $7.93
- $0.57 per share dividend payable May 22, 2026 to shareholders of record on May 8, 2026
The filing
Written by AI on Nov 8, 2026, 12:57 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 April 29, 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.