---
schema_version: "secwatch.filing_event.v1"
accession: "0000350698-23-000074"
form_type: "8-K"
ticker: "AN"
cik: "0000350698"
company_name: "AUTONATION, INC."
filed_at: "2023-04-20T23:59:59+00:00"
generated_at: "2026-06-16T22:51:50.924573+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# AutoNation reports record Q1 EPS of $6.07, revenue $6.4B, down 5% YoY

## Summary
- Record diluted EPS $6.07, up 5% YoY; net income $288.7M, down 20%.
- Revenue $6.4B, down 5% YoY; new vehicle revenue +4%, used vehicle revenue -21%.
- After-sales gross profit record $511M (+11%); used vehicle gross profit $154M (+13%).
- SG&A 60.8% of gross profit; repurchased 2.4M shares for $305M in Q1.
- Segment income: Domestic $119M, Import $160M, Premium Luxury $227M, all down YoY.

## SEC filing metadata
- accession: 0000350698-23-000074
- form_type: 8-K
- ticker: AN
- cik: 0000350698
- company_name: AUTONATION, INC.
- filed_at: 2023-04-20T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/350698/000035069823000074/0000350698-23-000074-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/350698/000035069823000074/an-20230419.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000350698-23-000074
- JSON: https://secwatch.observer/filing/0000350698-23-000074.json
- Plain text: https://secwatch.observer/filing/0000350698-23-000074.txt

## Key facts
- Earnings Releases
  AUTONATION, INC. reported First Quarter 2023 results: revenue $6.4 billion, net income $288.7 million, EPS $6.07.
  - Period: First Quarter 2023
  - Revenue: $6.4 billion
  - Net income: $288.7 million
  - EPS: $6.07
  - Result: reported results
  source text: AutoNation Reports Record First Quarter Earnings Per Share • Record First Quarter 2023 EPS of $6.07, an increase of 5% compared to prior year • First Quarter 2023 Revenue of $6.4 billion, a decrease of 5% compared to prior year
  evidence_url: https://www.sec.gov/Archives/edgar/data/350698/000035069823000074/0000350698-23-000074-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.