Lithia Q1 revenue record $9.3B; adj EPS $7.34 down 7%; repurchased $259M shares

LITHIA MOTORS INC

2026-Q1 EPS reported $4.28 revenue$9,271,400,000

Record Q1 revenue $9.3B (+1% YoY); GAAP diluted EPS $4.28 (down 46% YoY); adj diluted EPS $7.34 (down 7% YoY).
Used retail GPU up 9% sequentially; same-store used vehicle revenue +4.6%; aftersales revenue +3.8% with margin 58.7%.
Driveway Finance record originations $840M at 18% penetration; avg FICO 750.
Repurchased ~942k shares for $259M at avg $274.62; $362.9M remains under authorization.
Board declared $0.57/share dividend payable May 22, 2026 to holders of record May 8.

item 2.02 item 8.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.98

LITHIA MOTORS INC reported the first quarter of 2026 results: revenue $9.3 billion, net income $102.0 million, EPS $4.28.

Period: the first quarter of 2026
Revenue: $9.3 billion
Net income: $102.0 million
EPS: $4.28
Result: reported results

Exact text from the filing

EX-99.1 (EX-99.1) --- Lithia & Driveway (LAD) Reports First Quarter Results ________________________________________________ Key Highlights • Record first quarter revenues of $9.3 billion • Used vehicle revenue increased 4.6% on a same store basis in the quarter • Used retail GPUs increased 9% , or $133 , sequentially • Aftersales revenue increased 3.8%, gross

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Source: SEC EDGAR

accession 0001023128-26-000031

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