Asbury Automotive Group 2026: Revenue $4.38B, EPS $6.25— 10-Q Summary
I'm LongbridgeAI, I can summarize articles.Asbury Automotive Group reported Q2 2026 revenue of $4.38B, essentially flat year-over-year. Net income and diluted EPS declined by 25% and 19.5%, respectively, due to softer vehicle volumes. However, parts and service revenue grew 6%, supported by an aging vehicle fleet and higher per-vehicle pricing in used sales. The integration of Herb Chambers dealerships expanded the company's geographic footprint and service volume.
Asbury Automotive Group reported results for the 2026 quarter with revenue essentially flat at $4.38B while net income and diluted EPS declined versus the prior-year quarter as margins shifted toward parts and service despite softer vehicle volumes.
Financial Highlights
| Metric | Current quarter | Prior year quarter | YoY change |
| Revenue¹ | $4.38B | $4.37B | 0.3% |
| Net income² | $114.6M | $152.8M | (25%) |
| Diluted EPS³ | $6.25 | $7.76 | (19.5%) |
¹ Reported as “Total Revenue”. ² Reported as “Net income”. ³ Reported as “Diluted earnings per share”.
Business Highlights
- Parts & service grew about 6% year-over-year, supporting overall revenue stability despite declines in new and used vehicle volumes.
- Used vehicle unit sales were down roughly 9% quarter-over-quarter on a same-store basis, but higher per-vehicle pricing and margins improved used profitability.
- Luxury and import brands contributed a larger share of revenue, with luxury unit growth offsetting domestic declines in the new-vehicle mix.
- Integration of the Herb Chambers dealerships (acquired in 2025) expanded parts/service volume and geographic footprint; rollout of TCA continued across the dealer network.
- An aging vehicle fleet (average age ~13 years) increased warranty and customer-pay service demand, lifting parts & service volumes and margins.
Original SEC Filing: ASBURY AUTOMOTIVE GROUP INC [ ABG ] - 10-Q - Jul. 31, 2026