Sonic Automotive Q2 revenue rises 8% to $3.9 billion; adjusted profit falls 23%
Sonic Automotive reported second-quarter 2026 revenue of $3.9 billion, up 8% year over year, and gross profit of $616.2 million, up 2%. Reported net income rose to $57.4 million from a loss of $45.6 million a year earlier, which included impairment charges, but adjusted net income fell 23% to $58.3 million. The Board also approved a quarterly dividend of $0.41 per share.
Key points
- Total revenues $3.9 billion, up 8%; gross profit $616.2 million, up 2%
- Reported diluted EPS $1.79 versus a loss of $1.34 a year earlier; adjusted diluted EPS $1.82, down 17%
- EchoPark retail used unit volume up 17% to 19,601; EchoPark segment income $7.2 million, down 38%
- Quarterly dividend of $0.41 per share, payable October 15, 2026, to holders of record on September 15, 2026
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:55 AM ET, from the text of the filing and its press-release exhibits 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 July 30, 2026.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.