AUTONATION, INC. SEC 10-Q Report

AutoNation, Inc., a leading automotive retailer in the United States, has released its Form 10-Q report for the second quarter of 2025. The report highlights the company's financial and operational performance, showcasing significant growth in revenue and strategic business operations across various segments.

Financial Highlights

Total Revenue: $6,974.4 million, reflecting an increase from the previous year driven by higher sales in new and used vehicles, parts and service, and finance and insurance.

Gross Profit: $1,275.4 million, showing an improvement due to increased revenue and effective cost management.

Operating Income: $217.6 million, impacted by non-cash goodwill and franchise rights impairments recorded during the period.

Net Income: $86.4 million, decreased compared to the prior year due to impairment charges and increased expenses.

Diluted EPS: $2.26, reflecting the impact of reduced net income and a decrease in weighted average shares outstanding.

Business Highlights

Revenue Segments: AutoNation's revenue is disaggregated by major lines of goods and services, including new vehicles, used vehicles, parts and service, and finance and insurance. The Domestic segment generated $1,920.5 million, Import $2,148.3 million, and Premium Luxury $2,555.8 million in revenue for the three months ended June 30, 2025.

Geographical Performance: Approximately 65% of AutoNation's total retail new vehicle unit sales were generated by stores in Florida, California, and Texas, indicating a strong concentration of sales in these key markets.

Sales Units: The company sold a significant number of new and used vehicles across its Domestic, Import, and Premium Luxury segments, with new vehicle sales contributing $3,396.3 million and used vehicle sales contributing $1,985.0 million in revenue for the three months ended June 30, 2025.

Future Outlook: The company anticipates continued growth in its AutoNation Finance segment, which provides indirect financing to qualified retail customers, as evidenced by the increase in auto loans receivable and related non-recourse debt.

SEC Filing: AUTONATION, INC. [ AN ] - 10-Q - Jul. 25, 2025