Lithia Motors Inc. (LAD) Financial Statements (2026 and earlier)

Company Profile

Business Address 150 NORTH BARTLETT STREET
MEDFORD, OR 97501
State of Incorp. OR
Fiscal Year End December 31
Industry (SIC) 55 - Automotive Dealers And Gasoline Service Stations (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in millions)
Annual | Quarterly

3/31/2026
Q1
12/31/2025
Q4
9/30/2025
Q3
6/30/2025
Q2
3/31/2025
Q1
12/31/2024
Q4
9/30/2024
Q3
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments22072032342210
Cash and cash equivalent 207203234 210
Short-term investments 2   2 
Restricted cash and investments233211202196177150
Receivables1,1581,2131,2351,3991,2461,209
Inventory, net of allowances, customer advances and progress billings6,1205,9426,0625,7495,9126,100
Inventory6,1205,9426,0625,7495,9126,100
Other current assets263354240222221224
Other undisclosed current assets 83   214 
Total current assets:7,8587,9267,9427,8017,7727,893
Noncurrent Assets
Finance lease, right-of-use asset, after accumulated amortization 101   114 
Operating lease, right-of-use asset717630671658659723
Intangible asset, including goodwill, after accumulated amortization5,2545,2125,2425,1404,6664,702
Goodwill2,4772,4402,4532,3972,1162,126
Intangible asset, excluding goodwill, after accumulated amortization2,7772,7722,7892,7422,5502,575
Restricted cash and investments505251484439
Other noncurrent assets1,5871,4231,2691,1731,5261,515
Other undisclosed noncurrent assets9,5419,2778,9868,6618,3488,390
Total noncurrent assets:17,24916,59316,21915,68015,35615,368
TOTAL ASSETS:25,10724,51924,16123,48023,12823,262
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities1,5541,5491,5481,5741,4561,421
Accounts payable340337371356334301
Accrued liabilities1,2141,2131,1771,2181,1221,120
Debt 134   192 
Other undisclosed current liabilities5,0094,9774,9655,0434,9035,243
Total current liabilities:6,6976,5266,5146,6176,5516,664
Noncurrent Liabilities
Long-term debt and lease obligation, including: 9,679   8,171 
Finance lease, liability 110   94 
Other undisclosed long-term debt and lease obligation 9,569   8,077 
Liabilities, other than long-term debt2,1032,0381,9121,8201,7271,797
Deferred revenue453543447426414401
Deferred income tax liabilities516531491461397456
Other liabilities472381364337319304
Operating lease, liability662583610597597636
Other undisclosed noncurrent liabilities 9,1628,7258,262 8,173
Total noncurrent liabilities:11,78211,20010,63710,0819,8979,969
Total liabilities:18,47917,72617,15016,69816,44916,633
Equity
Equity, attributable to parent6,6036,7696,9876,7586,6566,605
Common stock  165569679793878
Additional paid in capital 181231109610794
Accumulated other comprehensive income (loss)678711734(4)75
Retained earnings6,5186,3946,1915,9495,7595,557
Equity, attributable to noncontrolling interest252525242424
Total equity:6,6286,7947,0116,7826,6796,628
TOTAL LIABILITIES AND EQUITY:25,10724,51924,16123,48023,12823,262

Income Statement (P&L) ($ in millions)
Annual | Quarterly

3/31/2026
Q1
12/31/2025
Q4
9/30/2025
Q3
6/30/2025
Q2
3/31/2025
Q1
12/31/2024
Q4
9/30/2024
Q3
Revenues9,1989,6769,5839,1789,1749,221
Cost of revenue
(Cost of Product and Service Sold)		(7,826)(8,210)(8,098)(7,768)(7,802)(7,791)
Gross profit:1,3721,4661,4851,4101,3721,430
Operating expenses(1,053)(1,064)(1,080)(1,017)(964)(1,007)
Other operating income, net2319201391
Operating income:341422425406416424
Nonoperating income (expense)
(Other Nonoperating Income (Expense))		(19)(13)49145
Interest and debt expense(75)(68)(67)(66)(69)(65)
Income from continuing operations before equity method investments, income taxes:248340407342352365
Other undisclosed loss from continuing operations before income taxes(58)(58)(55)(57)(65)(77)
Income from continuing operations before income taxes:190282352285287288
Income tax expense(52)(64)(94)(73)(70)(65)
Net income:138219258211217223
Net loss attributable to noncontrolling interest(1)(2)(2)(2)(1)(14)
Net income available to common stockholders, diluted:137217256210216209

Comprehensive Income ($ in millions)
Annual | Quarterly

3/31/2026
Q1
12/31/2025
Q4
9/30/2025
Q3
6/30/2025
Q2
3/31/2025
Q1
12/31/2024
Q4
9/30/2024
Q3
Net income:138219258211217223
Net loss attributable to redeemable noncontrolling interest      (13)
Other comprehensive income (loss)(19)(30)8337(79)73
Comprehensive income:119189341248138296
Other undisclosed comprehensive loss, net of tax, attributable to parent(1)(2)(2)(2)(1)(14)
Comprehensive income, net of tax, attributable to parent:118187339247137282

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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