Sonic Automotive reported financial results for the second quarter ended June 30, 2026, showing an 8% boost in revenues to $3.9 billion year over year.
It also had a second quarter record total gross profit of $616.2 million, up 2% year-over-year.
Sonic also reported net income in the second quarter was $57.4 million, up 226% year-over-year ($1.79 earnings per diluted share, up 234% year-over-year).
“Our second quarter performance reflects the strength of Sonic’s diversified business model and the commitment of our teammates across the organization,” David Smith, chairman and chief executive officer of Sonic Automotive, stated. “We generated second quarter record consolidated revenues of $3.9 billion and all-time record quarterly gross profit of $616.2 million, driven by growth across our diversified operating segments. EchoPark delivered double-digit unit volume growth and second quarter record gross profit, while Powersports achieved record second quarter revenue and gross profit. Our latest results and outlook reaffirm our commitment to investing in differentiated platforms that broaden our earnings base and position Sonic to create sustainable long-term value for our stockholders.”
