Sonic Automotive Reports Record Q3 2026 Revenue Amid Segment Shifts
Sonic Automotive (SAH) achieved record quarterly revenue of $4.0 billion and a record gross profit of $617.5 million for the third quarter of 2026. Growth in the EchoPark used vehicle segment and the Powersports division helped offset declines within the company's franchised dealership operations, which saw a 3% year-over-year revenue decrease. Despite record top-line figures, net income fell 12% year-over-year to $41.1 million, with adjusted diluted EPS dropping to $1.30 from $1.41 in the prior year. This decline was primarily driven by higher selling, general, and administrative expenses related to strategic investments in technology and personnel, as well as a challenging product mix in the EchoPark segment.
Tickers: $SAH
Topics: Automotive Retail EPS Net Income Decline Revenue Growth Segment Performance