Short answer
ASBURY AUTOMOTIVE GROUP INC (ABG) filed its Q1 2026 10-Q quarterly report on May 1, 2026 for the quarter ended Mar 31, 2026. Quarterly revenue was $4.1B (down 0.9% year over year) with net income of $188M.
Q1 2026 key financials · XBRL
- Revenue
- $4.1B
- −0.9% YoY
- Net income
- $188M
- +42.2% YoY
- Operating margin
- 4.7%
- Gross margin
- 17.7%
- EPS (diluted)
- $9.87
- +47.1% YoY
Source: XBRL data from the ASBURY AUTOMOTIVE GROUP INC (ABG) Q1 2026 10-Q on SEC EDGAR. USD.
ASBURY AUTOMOTIVE GROUP INC Q1 2026 10-Q analysis
AI summary of MD&A and risk factor updates
Management Discussion & Analysis
- Revenue $4.113B, down $35.5M YoY; parts and service revenue rose $39.2M to $626.8M
- Gross margin 17.7% vs 17.5% YoY; operating income $193.9M vs $234.3M
- Best segment: parts and service gross profit $365.1M, up $22.5M; margin 58.3% vs 58.3%
- Worst line: new vehicle gross profit $128.5M, down $14.6M; margin 6.1% vs 6.7%
- Headwinds: 25% auto-parts tariffs, severe weather, lower SAAR of 15.6M vs 16.5M
Risk Factors
- No material changes to 2025 Form 10-K risk factors
- Carried-forward business, liquidity, and capital risks could materially affect results
- Share repurchase authorization increased $424.0 million to $500.0 million
- Repurchase timing dependent on market conditions, legal requirements, and capital allocation
- Repurchases could affect capital structure and compete with dealership acquisitions or investments
Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K
Other ASBURY AUTOMOTIVE GROUP INC quarterly reports
Ask about this quarter
Compare quarters, check guidance or see what insiders and funds did around the report.