AutoNation posts sixth straight quarter of adjusted EPS growth despite lower revenue

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AutoNation reported second-quarter 2026 adjusted earnings per share of $5.56, up from $5.46 a year earlier, marking its sixth consecutive quarter of year-over-year adjusted EPS growth. Total revenue was $6.93 billion, compared with $6.97 billion in the prior-year quarter, while gross profit totaled $1.23 billion, down from $1.28 billion. After-sales operations set a record with $607 million in gross profit, driven by a 7% increase in customer-pay revenue and a 16% rise in wholesale parts revenue. AutoNation Finance profit rose to a record $11 million as its portfolio expanded 52% to $2.67 billion. The company deployed $900 million of capital through June, including share repurchases and acquisitions expected to add about $600 million in annual revenue, and management expects second-half adjusted EPS growth.

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AutoNation Inc
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Sixth straight quarter of adjusted EPS growth and record after-sales gross profit, despite lower revenue.