Sonic Automotive Inc. (SAH) financial statements: income statement, balance sheet and cash flow
Sonic Automotive Inc.'s income statement, balance sheet and cash flow statement as filed with the SEC (10-K and 10-Q), with the latest fiscal years and quarters. In its latest fiscal year (Dec 31, 2025 · FY), Sonic Automotive Inc. reported revenue of $15.2B (+6.5% year on year) and net income of $118.7M (-45.0% year on year).
Income statement
Sonic Automotive Inc. income statement, fiscal years
Line item
Dec 31, 2025 · FY
Dec 31, 2024 · FY
Dec 31, 2023 · FY
Dec 31, 2022 · FY
Total revenues
$15.2B
$14.2B
$14.4B
$14.0B
Total cost of sales
($12.8B)
($12.0B)
($12.1B)
($11.7B)
Gross profit
$2.4B
$2.2B
$2.2B
$2.3B
Selling, general and administrative expenses
($1.7B)
($1.6B)
($1.6B)
($1.6B)
Impairment charges
$173.8M
$3.9M
$79.3M
$320.4M
Depreciation and amortization
($163.4M)
($150.4M)
($142.3M)
($127.5M)
Operating income
$367.5M
$461.5M
$423.6M
$314.0M
Interest expense, floor plan
($84.7M)
($86.9M)
($67.2M)
($34.3M)
Interest expense, other, net
($110.1M)
($118.0M)
($114.6M)
($89.9M)
Other income (expense), net
$100.0K
($500.0K)
$100.0K
$200.0K
Total other expense
($194.7M)
($205.4M)
($181.7M)
($124.0M)
Income before taxes
$172.8M
$256.1M
$241.9M
$190.0M
Provision for income taxes - expense
($54.1M)
($40.1M)
($63.7M)
($101.5M)
Net income
$118.7M
$216.0M
$178.2M
$88.5M
Earnings (loss) per common share (usd per share)
$3.49
$6.34
$5.09
$2.29
Weighted average common shares outstanding (in shares)
34.0M
34.1M
35.0M
38.7M
Earnings (loss) per common share (usd per share)
$3.42
$6.18
$4.97
$2.23
Weighted average common shares outstanding (in shares)
34.7M
35.0M
35.9M
39.7M
Sonic Automotive Inc. income statement, quarters
Line item
Jun 30, 2026 · Q2
Mar 31, 2026 · Q1
Sep 30, 2025 · Q3
Jun 30, 2025 · Q2
Revenues
$3.9B
$3.7B
$4.0B
$3.7B
Cost of Sales
($3.3B)
($3.1B)
($3.4B)
($3.1B)
Gross profit
$616.2M
$598.8M
$615.5M
$602.2M
Selling, general and administrative expenses
($444.6M)
($427.0M)
($451.6M)
($412.6M)
Asset impairment charges
$0
($400.0K)
$0
($172.4M)
Depreciation and amortization
($40.0M)
($38.7M)
($41.2M)
($40.5M)
Operating income (loss)
$131.6M
$132.7M
$122.7M
($23.3M)
Interest expense, floor plan
($20.9M)
($19.4M)
($23.9M)
($18.3M)
Interest expense, other, net
($30.4M)
($28.3M)
($27.5M)
($27.4M)
Other income (expense), net
$0
$100.0K
($100.0K)
($100.0K)
Total other income (expense)
($51.3M)
($47.6M)
($51.5M)
($45.8M)
Income (loss) from continuing operations before taxes
$80.3M
$85.1M
$71.2M
($69.1M)
Provision for income taxes for continuing operations - benefit (expense)
($22.9M)
($24.3M)
($24.4M)
$23.5M
Net income (loss)
$57.4M
$60.8M
$46.8M
($45.6M)
Earnings (loss) per common share (usd per share)
$1.82
$1.81
$1.37
-$1.34
Weighted average common shares outstanding
31.6M
33.6M
34.2M
34.1M
Earnings (loss) per common share (usd per share)
$1.79
$1.79
$1.33
-$1.34
Weighted average common shares outstanding
32.1M
34.0M
35.1M
34.1M
Dividends declared per common share (usd per share)
$0.70
$0.70
$0.60
$0.60
Balance sheet
Sonic Automotive Inc. balance sheet, fiscal years
Line item
Dec 31, 2025 · FY
Dec 31, 2024 · FY
Dec 31, 2023 · FY
Dec 31, 2022 · FY
Cash and cash equivalents
$6.3M
$44.0M
$28.9M
$229.2M
Receivables, net
$469.0M
$495.9M
$528.1M
$462.4M
Inventories
$2.0B
$2.0B
$1.6B
$1.2B
Other current assets
$344.3M
$387.9M
$385.1M
$297.9M
Total current assets
$2.8B
$2.9B
$2.5B
$2.2B
Property, Plant and Equipment, Net
$1.6B
$1.6B
$1.6B
$1.6B
Goodwill
$421.8M
$358.5M
$253.8M
$231.0M
Intangible Assets, Net (Excluding Goodwill)
$454.1M
$430.3M
$417.4M
$396.7M
ROU assets
$279.1M
$224.3M
$222.6M
$260.7M
Finance Lease, Right-of-Use Asset
$328.4M
$317.2M
$236.6M
$224.1M
Other Assets
$91.9M
$73.0M
$112.8M
$97.8M
Total Assets
$6.0B
$5.9B
$5.4B
$5.0B
Notes payable - floor plan - trade
$184.6M
$165.6M
$152.1M
$114.9M
Notes payable - floor plan - non-trade
$1.7B
$1.8B
$1.5B
$1.1B
Trade accounts payable
$151.0M
$172.0M
$149.8M
$138.4M
Operating Lease, Liability, Current
$33.5M
$25.6M
$29.9M
$36.4M
Finance Lease, Liability, Current
$19.2M
$11.9M
$10.2M
$11.1M
Other accrued liabilities
$409.1M
$412.8M
$370.2M
$352.4M
Current maturities of long-term debt
$52.4M
$76.1M
$60.1M
$79.5M
Total current liabilities
$2.6B
$2.6B
$2.3B
$1.8B
Long-Term Debt
$1.6B
$1.5B
$1.6B
$1.7B
Other Long-Term Liabilities
$114.4M
$119.7M
$89.6M
$105.5M
Operating Lease, Liability, Noncurrent
$268.3M
$220.1M
$219.2M
$231.4M
Finance Lease, Liability, Noncurrent
$359.0M
$344.0M
$254.5M
$228.6M
Class A Convertible Preferred Stock, none issued
$0
$0
$0
$0
Common stock, value
$800.0K
$800.0K
$800.0K
$800.0K
Paid-in capital
$908.2M
$884.6M
$855.4M
$819.4M
Retained Earnings (Accumulated Deficit)
$1.5B
$1.4B
$1.2B
$1.1B
Accumulated other comprehensive income (loss)
($700.0K)
$3.8M
$1.6M
$1.6M
Treasury stock, at cost; 33,476,159 Class A common stock shares held at December 31, 2018 and 32,290,493 Class A common stock shares held at December 31, 2017
-1.3B
-1.2B
-1.2B
-1.0B
Total Stockholders’ Equity
$1.1B
$1.1B
$891.9M
$895.2M
Total Liabilities and Stockholders’ Equity
$6.0B
$5.9B
$5.4B
$5.0B
Contracts in transit included in receivables, net
$215.3M
$246.5M
$275.6M
$216.8M
Manufacturer Receivables included in receivables, net
$124.7M
$130.4M
$105.3M
$68.1M
Other Receivables included in receivables, net
$129.0M
$119.0M
$147.2M
$177.5M
Sonic Automotive Inc. balance sheet, quarters
Line item
Jun 30, 2026
Mar 31, 2026
Sep 30, 2025
Jun 30, 2025
Cash and cash equivalents
$19.2M
$5.7M
$89.4M
$110.4M
Receivables, net
$425.6M
$415.4M
$446.5M
$397.9M
Inventories
$2.3B
$2.1B
$2.1B
$2.1B
Other current assets
$329.9M
$419.6M
$216.2M
$149.3M
Total current assets
$3.1B
$3.0B
$2.8B
$2.8B
Property and Equipment, net
$1.7B
$1.5B
$1.6B
$1.6B
Goodwill
$432.4M
$418.8M
$623.3M
$573.7M
Other Intangible Assets, net
$436.9M
$436.9M
$252.1M
$255.6M
Right-of-use asset
$262.2M
$268.9M
$284.6M
$255.1M
Finance Lease, Right-of-Use Asset, after Accumulated Amortization
$337.2M
$360.7M
$321.4M
$327.1M
Other Assets
$140.6M
$122.2M
$138.9M
$123.3M
Total Assets
$6.4B
$6.1B
$6.0B
$5.9B
Notes payable - floor plan - trade
$216.2M
$193.4M
$158.5M
$162.3M
Notes payable - floor plan - non-trade
$2.0B
$1.8B
$1.8B
$1.8B
Trade accounts payable
$156.2M
$165.3M
$214.7M
$173.0M
Operating Lease, Liability, Current
$30.5M
$31.0M
$32.3M
$37.6M
Finance Lease, Liability, Current
$29.9M
$55.4M
$13.1M
$12.8M
Other accrued liabilities
$414.4M
$431.1M
$446.6M
$441.5M
Current maturities of long-term debt
$193.3M
$192.5M
$52.7M
$46.4M
Total current liabilities
$3.1B
$2.9B
$2.8B
$2.7B
Long-Term Debt
$1.6B
$1.5B
$1.4B
$1.5B
Other Long-Term Liabilities
$114.2M
$111.2M
$123.5M
$122.0M
Operating Lease, Liability, Noncurrent
$251.1M
$257.2M
$274.0M
$238.6M
Finance Lease, Liability, Noncurrent
$361.9M
$357.9M
$356.3M
$359.4M
Class A convertible preferred stock, none issued
$0
$0
$0
$0
Common stock, value
$800.0K
$800.0K
$800.0K
$800.0K
Paid-in capital
$914.5M
$908.5M
$902.4M
$896.2M
Retained Earnings (Accumulated Deficit)
$1.6B
$1.5B
$1.4B
$1.4B
Accumulated other comprehensive income (loss)
($300.0K)
($400.0K)
$2.1M
$2.4M
Treasury stock, at cost; 33,476,159 Class A common stock shares held at September 30, 2018 and 32,290,493 Class A common stock shares held at December 31, 2017
-1.5B
-1.5B
-1.3B
-1.3B
Total Stockholders' Equity
$1.0B
$981.3M
$1.1B
$1.0B
Total Liabilities and Stockholders' Equity
$6.4B
$6.1B
$6.0B
$5.9B
Treasury Stock, Common, Shares
50.8M
50.7M
48.0M
48.0M
Cash flow statement
Sonic Automotive Inc. cash flow statement, fiscal years
Line item
Dec 31, 2025 · FY
Dec 31, 2024 · FY
Dec 31, 2023 · FY
Dec 31, 2022 · FY
Net income (loss)
$118.7M
$216.0M
$178.2M
$88.5M
Depreciation and amortization of property and equipment
$141.3M
$130.4M
$124.2M
$113.9M
Debt issuance cost amortization
$6.6M
$5.8M
$6.5M
$5.2M
Stock-based compensation expense
$23.1M
$23.5M
$23.3M
$20.5M
Deferred income taxes
($25.8M)
($29.1M)
($18.6M)
($12.7M)
Asset impairment charges
$173.8M
$3.9M
$79.3M
$320.4M
Business Combination, Achieved in Stages, Preacquisition Equity Interest in Acquiree, Remeasurement, Gain
Net cash provided by (used in) operating activities
$567.4M
$109.2M
($15.7M)
$406.1M
Purchase of businesses, net of cash acquired
($440.3M)
($54.8M)
($75.1M)
($102.3M)
Total capital expenditures
($149.9M)
($187.3M)
($203.6M)
($227.1M)
Proceeds from sales of property and equipment
$81.6M
$55.6M
$7.8M
$29.7M
Proceeds from sales of dealerships
$9.6M
$8.2M
$52.2M
$0
Net cash used in investing activities
($499.0M)
($178.3M)
($218.7M)
($299.7M)
Net borrowings on notes payable - floor plan - non-trade
$14.4M
$258.1M
$334.9M
($65.9M)
Borrowings on revolving credit facilities
$107.6M
$77.5M
$61.4M
$0
Repayments on revolving credit facilities
($107.6M)
($77.5M)
($61.4M)
$0
Proceeds from issuance of long-term debt
$149.1M
$78.0M
$0
$327.0M
Debt issuance costs
($1.5M)
($8.2M)
($1.7M)
($8.1M)
Principal payments of long-term debt
($126.8M)
($164.8M)
($79.9M)
($133.5M)
Purchases of treasury stock
($82.4M)
($34.4M)
($177.6M)
($261.9M)
Issuance of shares under stock compensation plans
500.0K
5.7M
12.7M
8.7M
Dividends paid
($48.8M)
($40.8M)
($40.0M)
($34.5M)
Net cash (used in) provided by financing activities
($106.1M)
$84.3M
$34.1M
($176.6M)
Cash, Cash Equivalent, Restricted Cash, and Restricted Cash Equivalent, Period Increase (Decrease), Including Exchange Rate Effect and Discontinued Operation
($37.7M)
$15.1M
($200.3M)
—
Reduction of Finance Lease Liabilities
($10.6M)
($9.3M)
($14.3M)
($8.4M)
CASH AND CASH EQUIVALENTS, BEGINNING OF YEAR
$44.0M
$28.9M
$229.2M
$299.4M
CASH AND CASH EQUIVALENTS, END OF YEAR
$6.3M
$44.0M
$28.9M
$229.2M
Income taxes
$100.8M
$35.7M
$86.3M
$126.3M
Interest, including amount capitalized
$189.5M
$199.2M
$172.2M
$116.9M
Sonic Automotive Inc. cash flow statement, quarters
Line item
Jun 30, 2026 · YTD
Mar 31, 2026 · Q1
Sep 30, 2025 · YTD
Jun 30, 2025 · YTD
Net income (loss)
$118.3M
$60.8M
$71.8M
$25.0M
Depreciation and amortization of property and equipment
$67.0M
$32.9M
$105.0M
$69.4M
Debt issuance cost amortization
$3.7M
$1.7M
$4.9M
$3.2M
Stock-based compensation expense
$11.1M
$5.1M
$17.3M
$11.5M
Deferred income taxes
($7.3M)
($3.5M)
($58.8M)
($55.2M)
Asset impairment charges
$400.0K
$400.0K
$173.8M
$173.8M
Loss (gain) on disposal of dealerships and property and equipment
($1.1M)
($1.1M)
$6.4M
$3.8M
Other
$300.0K
$200.0K
$700.0K
$600.0K
Loss (gain) on exit of leased dealerships
$3.6M
($3.6M)
—
$1.0M
Receivables
$52.3M
$53.5M
$59.5M
$105.2M
Inventories
($314.3M)
($126.6M)
$62.1M
($26.5M)
Other assets
$2.2M
($15.0M)
$6.7M
$7.1M
Notes payable - floor plan - trade
$31.6M
$8.8M
($7.1M)
($3.3M)
Trade accounts payable and other liabilities
($28.9M)
$18.3M
$58.2M
$18.0M
Total adjustments
($183.0M)
($25.3M)
$428.7M
$307.6M
Net cash provided by (used in) operating activities
($64.7M)
$35.5M
$500.5M
$332.6M
Purchase of businesses, net of cash acquired
($66.3M)
—
($440.3M)
($359.9M)
Purchases of land, property and equipment
($154.5M)
($37.0M)
($112.6M)
($79.1M)
Proceeds from sales of property and equipment
$19.5M
$18.5M
$49.0M
$17.1M
Proceeds from sales of dealerships
$40.5M
$40.2M
$9.6M
—
Net cash provided by (used in) investing activities
($160.8M)
$21.7M
($494.3M)
($421.9M)
Net (repayments) borrowings on notes payable - floor plan - non-trade
($300.4M)
$16.9M
($229.2M)
($299.5M)
Borrowings on revolving credit facilities
$24.6M
$2.0M
$93.1M
$10.2M
Repayments on revolving credit facilities
($24.6M)
($2.0M)
($93.1M)
($10.2M)
Proceeds from issuance of long-term debt
$190.0M
$150.0M
$0
—
Debt issuance costs
$1.5M
$1.2M
$1.3M
$900.0K
Principal payments and repurchase of long-term debt
($48.9M)
($38.3M)
($101.4M)
($69.9M)
Purchases of treasury stock
($142.0M)
($135.7M)
($44.1M)
($44.1M)
Finance Lease, Principal Payments
$34.3M
$2.9M
$7.9M
$5.2M
Issuance of shares under stock compensation plans
0
0
500.0K
100.0K
Dividends paid
($25.3M)
($12.8M)
($35.8M)
($23.8M)
Net cash provided by (used in) financing activities
$238.4M
($57.8M)
$39.2M
$155.7M
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS