| Reportable Segment Information |
The following tables provide segment revenues and segment expenses that align with the segment-level information that is regularly provided to our CODM: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended June 30, 2026 | | | | | | | | | | Domestic | | Import | | Premium Luxury | | AutoNation Finance | | Total | | | | | | | | Revenues from external customers:(1) | | | | | | | | | | | | | | | | | | Franchised dealerships | | $ | 1,793.1 | | | $ | 2,233.1 | | | $ | 2,579.7 | | | | | $ | 6,605.9 | | | | | | | | | Corporate and other | | | | | | | | | | 323.9 | | | | | | | | | | Total consolidated revenues | | | | | | | | | | 6,929.8 | | | | | | | | | Less segment expenses: | | | | | | | | | | | | | | | | | | Cost of sales: | | | | | | | | | | | | | | | | | | New vehicle | | 868.1 | | | 1,113.4 | | | 1,160.5 | | | | | | | | | | | | | Used vehicle | | 476.9 | | | 542.3 | | | 730.9 | | | | | | | | | | | | | Parts and service | | 155.7 | | | 185.9 | | | 226.4 | | | | | | | | | | | | | Other | | 0.3 | | | 4.1 | | | 0.2 | | | | | | | | | | | | | Total cost of sales | | 1,501.0 | | | 1,845.7 | | | 2,118.0 | | | | | | | | | | | | | Selling, general and administrative expenses: | | | | | | | | | | | | | | | | | | Compensation | | 123.6 | | | 156.8 | | | 167.1 | | | | | | | | | | | | | Advertising | | 18.9 | | | 27.2 | | | 18.8 | | | | | | | | | | | | | Store overhead | | 45.1 | | | 56.7 | | | 79.7 | | | | | | | | | | | | | Total selling, general, and administrative expenses | | 187.6 | | | 240.7 | | | 265.6 | | | | | | | | | | | | | | Depreciation and amortization | | 11.4 | | | 14.4 | | | 21.7 | | | | | | | | | | | | | Floorplan interest expense | | 16.2 | | | 8.8 | | | 17.3 | | | | | | | | | | | | | Other expense, net(2) | | 2.9 | | | — | | | 0.2 | | | | | | | | | | | | | Franchised dealerships - segment income | | $ | 74.0 | | | $ | 123.5 | | | $ | 156.9 | | | | | 354.4 | | | | | | | | | | | | | | | | | | | | | | | | | | | AutoNation Finance: | | | | | | | | | | | | | | | | | | Interest and fee income | | | | | | | | $ | 68.6 | | | | | | | | | | | Interest expense | | | | | | | | (27.1) | | | | | | | | | | | Provision for credit losses | | | | | | | | (20.1) | | | | | | | | | | | Direct expenses(3) | | | | | | | | (10.7) | | | | | | | | | | | | | | | | | | | | | | | | | | | | | AutoNation Finance income | | | | | | | | $ | 10.7 | | | 10.7 | | | | | | | | | Corporate and other | | | | | | | | | | (89.8) | | | | | | | | | Other interest expense | | | | | | | | | | (49.9) | | | | | | | | | | Other income (loss), net | | | | | | | | | | 18.4 | | | | | | | | | Income before income taxes | | | | | | | | | | $ | 243.8 | | | | | | | | | | | | | | | | | | | | | | | | | | | (1) See Note 2 of the Notes to Unaudited Condensed Consolidated Financial Statements for detail of revenue by segment. | | | | | | | | (2) Other expense, net includes asset impairments net of gains on asset dispositions. | | | | | | | | (3) Direct expenses are comprised primarily of compensation expense and loan administration costs incurred by our auto finance company. | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended June 30, 2025 | | | Domestic | | Import | | Premium Luxury | | AutoNation Finance | | Total | Revenues from external customers:(1) | | | | | | | | | | | Franchised dealerships | | $ | 1,920.5 | | | $ | 2,148.3 | | | $ | 2,555.8 | | | | | $ | 6,624.6 | | Corporate and other | | | | | | | | | | 349.8 | | | Total consolidated revenues | | | | | | | | | | 6,974.4 | | Less segment expenses: | | | | | | | | | | | Cost of sales: | | | | | | | | | | | New vehicle | | 952.7 | | | 1,067.8 | | | 1,192.4 | | | | | | Used vehicle | | 498.5 | | | 513.5 | | | 679.8 | | | | | | Parts and service | | 154.2 | | | 171.6 | | | 205.9 | | | | | | Other | | 0.1 | | | 3.9 | | | 0.2 | | | | | | Total cost of sales | | 1,605.5 | | | 1,756.8 | | | 2,078.3 | | | | | | Selling, general and administrative expenses: | | | | | | | | | | | Compensation | | 132.5 | | | 157.4 | | | 168.2 | | | | | | Advertising | | 16.7 | | | 23.3 | | | 15.2 | | | | | | Store overhead | | 45.5 | | | 55.1 | | | 76.2 | | | | | | Total selling, general, and administrative expenses | | 194.7 | | | 235.8 | | | 259.6 | | | | | | | Depreciation and amortization | | 11.5 | | | 12.8 | | | 20.1 | | | | | | Floorplan interest expense | | 16.8 | | | 9.5 | | | 17.7 | | | | | | | | | | | | | | | | | Franchised dealerships - segment income | | $ | 92.0 | | | $ | 133.4 | | | $ | 180.1 | | | | | 405.5 | | | | | | | | | | | | | AutoNation Finance: | | | | | | | | | | | Interest and fee income | | | | | | | | $ | 48.6 | | | | Interest expense | | | | | | | | (17.8) | | | | Provision for credit losses | | | | | | | | (19.2) | | | | Direct expenses(2) | | | | | | | | (9.6) | | | | | | | | | | | | | | | AutoNation Finance income | | | | | | | | $ | 2.0 | | | 2.0 | | Corporate and other | | | | | | | | | | (235.2) | | Other interest expense | | | | | | | | | | (46.2) | | Other income (loss), net | | | | | | | | | | 12.3 | | Income before income taxes | | | | | | | | | | $ | 138.4 | | | | | | | | | | | | | (1) See Note 2 of the Notes to Unaudited Condensed Consolidated Financial Statements for detail of revenue by segment. | | (2) Direct expenses are comprised primarily of compensation expense and loan administration costs incurred by our auto finance company. | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Six Months Ended June 30, 2026 | | | | | | | | | | Domestic | | Import | | Premium Luxury | | AutoNation Finance | | Total | | | | | | | | Revenues from external customers:(1) | | | | | | | | | | | | | | | | | | Franchised dealerships | | $ | 3,509.7 | | | $ | 4,281.2 | | | $ | 5,021.2 | | | | | $ | 12,812.1 | | | | | | | | | Corporate and other | | | | | | | | | | 669.8 | | | | | | | | | | Total consolidated revenues | | | | | | | | | | 13,481.9 | | | | | | | | | Less segment expenses: | | | | | | | | | | | | | | | | | | Cost of sales: | | | | | | | | | | | | | | | | | | New vehicle | | 1,672.7 | | | 2,099.8 | | | 2,236.1 | | | | | | | | | | | | | Used vehicle | | 948.4 | | | 1,059.1 | | | 1,426.0 | | | | | | | | | | | | | Parts and service | | 302.8 | | | 359.7 | | | 441.6 | | | | | | | | | | | | | Other | | 0.7 | | | 7.8 | | | 0.5 | | | | | | | | | | | | | Total cost of sales | | 2,924.6 | | | 3,526.4 | | | 4,104.2 | | | | | | | | | | | | | Selling, general and administrative expenses: | | | | | | | | | | | | | | | | | | Compensation | | 245.7 | | | 306.1 | | | 329.7 | | | | | | | | | | | | | Advertising | | 37.0 | | | 53.5 | | | 36.8 | | | | | | | | | | | | | Store overhead | | 93.1 | | | 112.6 | | | 161.9 | | | | | | | | | | | | | Total selling, general, and administrative expenses | | 375.8 | | | 472.2 | | | 528.4 | | | | | | | | | | | | | | Depreciation and amortization | | 22.6 | | | 28.0 | | | 43.0 | | | | | | | | | | | | | Floorplan interest expense | | 31.7 | | | 17.3 | | | 33.7 | | | | | | | | | | | | | Other expense, net(2) | | 2.9 | | | — | | | 0.2 | | | | | | | | | | | | | Franchised dealerships - segment income | | $ | 152.1 | | | $ | 237.3 | | | $ | 311.7 | | | | | 701.1 | | | | | | | | | | | | | | | | | | | | | | | | | | | AutoNation Finance: | | | | | | | | | | | | | | | | | | Interest and fee income | | | | | | | | $ | 131.3 | | | | | | | | | | | Interest expense | | | | | | | | (51.5) | | | | | | | | | | | Provision for credit losses | | | | | | | | (39.6) | | | | | | | | | | | Direct expenses(3) | | | | | | | | (20.1) | | | | | | | | | | | | | | | | | | | | | | | | | | | | | AutoNation Finance income | | | | | | | | $ | 20.1 | | | 20.1 | | | | | | | | | Corporate and other | | | | | | | | | | (173.4) | | | | | | | | | Other interest expense | | | | | | | | | | (97.9) | | | | | | | | | | Other income (loss), net | | | | | | | | | | 69.6 | | | | | | | | | Income before income taxes | | | | | | | | | | $ | 519.5 | | | | | | | | | | | | | | | | | | | | | | | | | | | (1) See Note 2 of the Notes to Unaudited Condensed Consolidated Financial Statements for detail of revenue by segment. | | | | | | | | (2) Other expense, net includes asset impairments net of gains on asset dispositions. | | | | | | | | (3) Direct expenses are comprised primarily of compensation expense and loan administration costs incurred by our auto finance company. | | | | | | | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Six Months Ended June 30, 2025 | | | | | | | | | | Domestic | | Import | | Premium Luxury | | AutoNation Finance | | Total | | | | | | | | Revenues from external customers:(1) | | | | | | | | | | | | | | | | | | Franchised dealerships | | $ | 3,637.9 | | | $ | 4,195.6 | | | $ | 5,132.3 | | | | | $ | 12,965.8 | | | | | | | | | Corporate and other | | | | | | | | | | 699.0 | | | | | | | | | | Total consolidated revenues | | | | | | | | | | 13,664.8 | | | | | | | | | Less segment expenses: | | | | | | | | | | | | | | | | | | Cost of sales: | | | | | | | | | | | | | | | | | | New vehicle | | 1,787.4 | | | 2,072.6 | | | 2,426.1 | | | | | | | | | | | | | Used vehicle | | 957.5 | | | 1,023.6 | | | 1,348.8 | | | | | | | | | | | | | Parts and service | | 299.5 | | | 330.8 | | | 405.3 | | | | | | | | | | | | | Other | | — | | | 6.7 | | | 0.1 | | | | | | | | | | | | | Total cost of sales | | 3,044.4 | | | 3,433.7 | | | 4,180.3 | | | | | | | | | | | | | Selling, general and administrative expenses: | | | | | | | | | | | | | | | | | | Compensation | | 252.3 | | | 305.8 | | | 333.9 | | | | | | | | | | | | | Advertising | | 33.4 | | | 44.9 | | | 31.0 | | | | | | | | | | | | | Store overhead | | 90.9 | | | 108.6 | | | 151.7 | | | | | | | | | | | | | Total selling, general, and administrative expenses | | 376.6 | | | 459.3 | | | 516.6 | | | | | | | | | | | | | | Depreciation and amortization | | 22.5 | | | 24.8 | | | 40.0 | | | | | | | | | | | | | Floorplan interest expense | | 33.4 | | | 18.2 | | | 36.7 | | | | | | | | | | | | | Other income(2) | | — | | | — | | | (0.1) | | | | | | | | | | | | | Franchised dealerships - segment income | | $ | 161.0 | | | $ | 259.6 | | | $ | 358.8 | | | | | 779.4 | | | | | | | | | | | | | | | | | | | | | | | | | | | AutoNation Finance: | | | | | | | | | | | | | | | | | | Interest and fee income | | | | | | | | $ | 90.5 | | | | | | | | | | | Interest expense | | | | | | | | (31.7) | | | | | | | | | | | Provision for credit losses | | | | | | | | (38.1) | | | | | | | | | | | Direct expenses(3) | | | | | | | | (18.6) | | | | | | | | | | | | | | | | | | | | | | | | | | | | | AutoNation Finance income | | | | | | | | $ | 2.1 | | | 2.1 | | | | | | | | | Corporate and other | | | | | | | | | | (319.7) | | | | | | | | | Other interest expense | | | | | | | | | | (88.5) | | | | | | | | | | Other income (loss), net | | | | | | | | | | (0.9) | | | | | | | | | Income before income taxes | | | | | | | | | | $ | 372.4 | | | | | | | | | | | | | | | | | | | | | | | | | | | (1) See Note 2 of the Notes to Unaudited Condensed Consolidated Financial Statements for detail of revenue by segment. | | | | | | | | (2) Other income includes net gains on asset dispositions. | | | | | | | | (3) Direct expenses are comprised primarily of compensation expense and loan administration costs incurred by our auto finance company. | | | | | | | | | | | | | | | |
The following table provides information about segment assets: | | | | | | | | | | | | | | | Segment Assets(1) | | June 30, 2026 | | December 31, 2025 | Domestic | | $ | 2,386.2 | | | $ | 2,360.0 | | Import | | $ | 2,261.0 | | | $ | 2,209.3 | | Premium Luxury | | $ | 3,903.9 | | | $ | 3,611.2 | | AutoNation Finance | | $ | 2,686.9 | | | $ | 2,185.7 | | | | | | | (1) Excludes capital expenditures for active construction projects, which are reflected in segment assets upon completion of the related project. |
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