Sonic Automotive Swings to $57.4M Q2 Profit on Record $3.9B Revenue
SAH sits 85% above its 52-week low of $54.11.
Summary
Sonic Automotive reported Q2 2026 net income of $57.4M, reversing a year-ago loss, on record revenue of $3.9B. The company also disclosed $142M in share repurchases and a new $150M bridge loan.
Key Events · Earnings and Guidance · SAH
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Q2 Profit Swing
Net income of $57.4M in Q2 2026 vs. a loss of $45.6M in Q2 2025, driven by the absence of $172.4M in prior-year impairment charges and record revenue.
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Record Revenue and Gross Profit
Q2 2026 revenue reached $3.9B, up 8% YoY, with gross profit of $616.2M. Six-month revenue was $7.6B, up 4%.
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Aggressive Share Repurchases
The company repurchased $142.0M of its Class A Common Stock in H1 2026, with $527.9M remaining under its authorization.
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Powersports Expansion
Acquired six Harley-Davidson dealerships for $66.3M, expanding the Powersports Segment.
Analysis · SAH · Trade & Services
A sharp turnaround defined Sonic Automotive's Q2 2026, as net income reached $57.4 million compared to a loss of $45.6 million a year ago. The prior-year loss was driven by $172.4 million in impairment charges that did not recur. Revenue hit a record $3.9 billion, up 8%, with gross profit rising to $616.2 million. Signaling management confidence, the company also aggressively repurchased $142 million of its stock in the first half. While an earlier 8-K hinted at the operational recovery, this 10-Q provides the full financial picture for the first time.
How filings like this one have moved
In the 30 days to Sep 15, 2026, 29.9% of the 1678 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.25%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, SAH was trading at $100.34 on NYSE in the Trade & Services sector, with a market capitalization of approximately $3.2B. The 52-week trading range was $54.11 to $113.67. This filing was assessed with positive market sentiment and an importance score of 7 out of 10.