Sonic Automotive

Sonic Automotive (SAH) Q4 2025 Earnings

Reported Feb 18, 2026 at 8:37 AM ET · SEC Source

Q4 25 EPS

$1.52

BEAT +1.66%

Est. $1.50

Q4 25 Revenue

$3.87B

MISS 1.69%

Est. $3.94B

vs S&P Since Q4 25

+41.6%

BEATING MARKET

SAH +51.9% vs S&P +10.3%

Full Year 2025 Results

FY 25 EPS

$6.60

MISS 0.01%

Est. $6.60

FY 25 Revenue

$15.15B

MISS 0.05%

Est. $15.16B

Market Reaction

Did SAH Beat Earnings? Q4 2025 Results

Sonic Automotive narrowly missed expectations in Q4 2025, reporting adjusted EPS of $1.52 against a $1.53 consensus estimate while revenue of $3.87 billion fell just short of the $3.88 billion forecast, declining 0.6% year-over-year. The headline mis… Read more Sonic Automotive narrowly missed expectations in Q4 2025, reporting adjusted EPS of $1.52 against a $1.53 consensus estimate while revenue of $3.87 billion fell just short of the $3.88 billion forecast, declining 0.6% year-over-year. The headline miss masked a more nuanced story underneath: same-store new vehicle retail volume dropped 11% and new vehicle GPU slipped 7% to $3,033 per unit, pressuring top-line results, yet the company still managed a fourth-quarter record gross profit of $598.70 million, up 4%. A bright spot was EchoPark, which swung to $3.60 million in segment income from a $2.60 million loss a year earlier, a milestone that underscores the unit's improving profitability trajectory. For 2026, management guided new vehicle GPU in the $2,700 to $3,000 range, flagging tariff uncertainty as a meaningful risk to vehicle pricing and consumer demand, a caution that has drawn scrutiny from analysts weighing the stock's valuation against softening near-term fundamentals. EchoPark adjusted EBITDA is expected between $25 million and $35 million, with disciplined expansion resuming late in the year.

Key Takeaways

  • Record fixed operations gross profit driven by customer pay gross profit growth of 6% same-store
  • Record F&I gross profit with F&I GPU of $2,551 for the full year, up 7% same-store
  • EchoPark turnaround to profitability with $49.2 million annual adjusted EBITDA, up 78% year-over-year
  • Powersports segment revenue growth of 29% for full year driven by acquisition integration
  • SG&A expense leverage improvement across all three segments
  • Strong used vehicle GPU improvement at EchoPark to $3,484 per unit for the full year from $3,029
24/7 Wall St

SAH YoY Financials

Q4 2025 vs Q4 2024, source: SEC Filings

24/7 Wall St

SAH Revenue by Segment

With YoY comparisons, source: SEC Filings

Q1 25 Q1 26

“Our fourth quarter results reflect the strength of Sonic Automotive's diversified business model and the disciplined execution of our long-term strategy. Despite a dynamic operating environment throughout 2025, our team delivered record performance across all three segments of our business. As we enter the new year, we remain focused on operational excellence, cost control, and continuing to deliver exceptional value to our guests and shareholders.”

— David Smith, Q4 2025 Earnings Press Release