EarningsQ2 2026 Earnings Report
DE:SA8A Q2 2026 EPS Results
Actual EPS€1.62
Consensus EPS€1.56
Beat/MissBeat by +€0.06
One Year Ago EPS€1.95
DE:SA8A Q2 2026 Revenue Results
Actual Revenue€3.50B
Expected Revenue€3.37B
Beat/MissBeat by +€134.32M
YoY Revenue Growth+7.57%
Earnings Announcement Details
QuarterQ2 2026
Date07/30/2026
TimeBefore Open
Conference CallThursday, July 30, 2026
DE:SA8A Upcoming Earnings
Sonic Automotive's next earnings date is estimated for October 22, 2026, based on past reporting schedules.
Q2 2026 Earnings Call Audio
DE:SA8A Q2 2026 Earnings Call
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Q2 2026 Earnings Slide Deck
Q2 2026 Earnings Call Summary
Earnings Call Sentiment|Positive
The call contained multiple strong operational and financial highlights — record company revenue and gross profit, robust EchoPark and Powersports growth, improved guidance for new GPU, solid liquidity and dividend authorization, and an active M&A pipeline. Offsetting these positives were margin pressures across new and used GPUs, EchoPark per-unit declines driven by mix shifts (BEVs and higher-mileage vehicles), a moderation in fixed operations growth, and short-term marketing timing and regulatory/competitive pricing noise. Management emphasized strategic responses (pricing optimization, inventory sourcing, F&I product work, targeted marketing) and remains constructive about growth prospects.Company Guidance
Record Total Revenue and Quarterly Gross Profit
Total revenues of $3.9 billion, up 8% year-over-year, and all-time record quarterly gross profit of $616.2 million, up 2% year-over-year.
Earnings Per Share
Reported GAAP EPS of $1.79 and non-GAAP adjusted EPS of $1.82 per diluted share for the second quarter.
Franchised Dealership Revenue Growth and Same-Store Strength
Franchised dealership reported revenues of $3.3 billion, up 6% year-over-year, with same-store revenues up 2% year-over-year.
Improved Full-Year New Vehicle GPU Guidance
Halfway through the year new vehicle gross profit per unit is tracking above the high end of prior guidance; full-year new GPU guidance raised to $2,850–$3,000 per unit.
Used Vehicle Volume Improvement
Same-store retail used vehicle volume increased 7% year-over-year, driven by improving used vehicle supply and strategic focus on throughput.
Fixed Operations Record and Stability
Fixed operations reported all-time quarterly gross profit of $263.8 million, up 6% year-over-year, with same-store fixed operations gross profit up 2% and management targeting mid-single-digit same-store growth for the year.
Strong F&I Contribution
Franchise dealership F&I gross profit reached a second-quarter record of $147.9 million, up 2% year-over-year, with fixed operations and F&I comprising over 75% of total gross profit in Q2.
EchoPark Volume and Revenue Growth
EchoPark revenues rose 15% to $582.9 million and segment gross profit increased 4% to $64.3 million; EchoPark retail used unit volume increased 17% to ~19.6k units and July run-rate was reported north of 25% growth.
EchoPark Profitability Trajectory and Unit Economics Targets
EchoPark total gross profit per unit $3.29k (down YoY) but management targets $3.1k–$3.3k for full-year 2026 and 12%–15% used retail unit volume growth; Q2 segment income $7.2M and adjusted EBITDA $13.9M, tracking to full-year adjusted EBITDA guidance of $35M–$40M.
Powersports Segment Outperformance
Power Sports revenues rose 53% to $73.5 million and gross profit rose 57% to $19.7 million (both Q2 records); reported new retail volume +27% and used retail volume +61% year-over-year; segment income $2.3M vs. breakeven and adjusted EBITDA $4.9M (up 145%).
Liquidity and Capital Return
Available liquidity of approximately $676 million, including $294 million of cash and floor plan deposits; Board approved a cash dividend of $0.41 per share payable October 15, 2026.
Active M&A Pipeline and Store Expansion Plans
Management reports robust acquisition opportunities in both franchise and powersports; EchoPark plans to open 1 new location in Orlando in Q4 and 2–4 new EchoPark locations in 2027.
DE:SA8A Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed