AutoNation, Inc. filed its Form 10-Q with the SEC on October 30, 2026, covering the quarterly period ended September 30, 2026, reporting third-quarter net income of $162.3 million and nine-month net income of $549.8 million across its automotive retail and finance operations.

Key Highlights

  • Q3 2026 total revenue: $7,010.3 million, compared to $7,037.4 million in Q3 2025, according to the filing.
  • Nine-month total revenue: $20,492.2 million for the nine months ended September 30, 2026, versus $20,702.2 million for the same period in 2025.
  • Diluted EPS: $4.87 for Q3 2026, compared to $5.65 for Q3 2025; nine-month diluted EPS was $16.12 versus $12.36 in the prior-year period.
  • Auto Loans Receivable: $2,783.6 million as of September 30, 2026, up from $2,140.2 million at December 31, 2025, net of allowance for credit losses of $114.6 million.
  • Share repurchases: Treasury stock reached $4,274.6 million as of September 30, 2026, reflecting $625.7 million in repurchases (including excise tax) during the nine-month period.
  • Shares outstanding: 31,983,552 shares of common stock outstanding as of October 28, 2026, per the filing cover page.
  • Total assets: $15,599.6 million at September 30, 2026, compared to $14,392.2 million at December 31, 2025.

AutoNation's Automotive Retail and Finance Segments in the Third Quarter

AutoNation, Inc. (NYSE:AN), a large-cap automotive retailer headquartered in Fort Lauderdale, Florida, operates across new vehicle sales, used vehicle sales, parts and service, and finance and insurance segments. According to the filing, new vehicle revenue for Q3 2026 was $3,330.4 million, down from $3,415.6 million in Q3 2025, while used vehicle revenue rose to $2,035.8 million from $2,015.7 million. Parts and service revenue reached $1,290.0 million in Q3 2026, compared to $1,226.2 million a year earlier, reflecting continued contribution from the company's aftermarket service business.

The filing also disclosed an AutoNation Finance income line of $15.4 million for Q3 2026, compared to $1.5 million in Q3 2025, and $35.5 million for the nine months ended September 30, 2026, versus $3.6 million for the comparable prior-year period. Non-recourse debt associated with consolidated variable interest entities totaled $1.8 billion (net of current portion) at September 30, 2026, up from $530.0 million at December 31, 2025, consistent with the growth in auto loans receivable held through those entities. Operating income for Q3 2026 was $314.6 million, against $372.4 million in Q3 2025; the prior-year nine-month figure included goodwill impairment of $65.3 million and franchise rights impairment of $71.7 million, which did not recur in 2026.

On the balance sheet, inventory stood at $3,674.4 million at September 30, 2026, up from $3,404.9 million at December 31, 2025. Total shareholders' equity was $2,265.8 million at quarter-end, reflecting ongoing share repurchase activity and stock-based compensation. The company also recorded a cumulative effect of a change in accounting principle related to internal-use software of $(10.5) million in the first quarter of 2026, as disclosed in the shareholders' equity statement.

What Was Disclosed

AutoNation's 10-Q for the period ended September 30, 2026, reported Q3 net income of $162.3 million and total nine-month net income of $549.8 million. Total assets grew to $15,599.6 million, driven in part by expansion of the auto loans receivable portfolio and higher inventory levels relative to year-end 2025.