StocksMedium•21 October 2026•
1 min read
Lithia & Driveway Reports Record $9.9 Billion Q3 Revenue
Key Facts
1The company achieved record third-quarter revenues of $9.9 billion in 2026.
2Diluted earnings per share increased 54% to $13.22, with adjusted earnings up 9%.
3The company announced a 7% increase in quarterly dividends and repurchased $85 million of shares.
Lithia & Driveway achieved record third-quarter revenues of $9.9 billion in 2026. GlobeNewswire reported that the company's diluted earnings per share increased 54% to $13.22, while adjusted earnings rose by 9%.
The company announced a 7% increase in its quarterly dividend and repurchased $85 million worth of shares. Financial growth was supported by an 11% rise in used retail unit gross profit and a 69% year-over-year increase in income from financing operations.