Asbury Automotive Group (ABG) Earnings: Q3 2026 Results
Last updated November 2026
Short answer
Asbury Automotive Group reported revenue of $4.4 billion for Q3 2026, down 8% from a year earlier (Asbury Automotive Group, Oct 27, 2026). Diluted EPS was $5.84, down 22% from $7.52. New vehicle brought in $2,293 million, down 9%. Every figure is from Asbury Automotive Group's release. Walnut is informational, not investment advice.
ABG Q3 2026 results
In one sentence
Asbury Automotive Group reported revenue of $4.4 billion for Q3 2026, down 8% from a year earlier (Asbury Automotive Group, Oct 27, 2026).
| Measure | Q3 2026 | Q3 2025 | Change |
|---|---|---|---|
| Revenue | $4,414 million | $4,801 million | down 8% |
| Diluted EPS (GAAP) | $5.84 | $7.52 | down 22% |
| Diluted EPS (adjusted EPS) | $6.16 | $7.17 | down 14% |
| Net income | $105 million | $147 million | down 29% |
The quarter ended September 30, 2026 and Asbury Automotive Group published the results on October 27, 2026. Revenue and diluted EPS are shown against Q3 2025, the same quarter a year earlier, which takes seasonal swings out of the comparison. Asbury Automotive Group reports EPS two ways: GAAP, under the accounting rules every US filer follows, and adjusted EPS, which leaves out items the company considers outside its operating results. The release reconciles the two, and when they diverge, the reconciliation says why.
- Asbury has been selling dealerships: in Q3 2026 it sold five franchises (two dealership locations), and in Q3 2025 eight franchises (four locations). Same-store figures exclude divested dealerships from both periods.
- Asbury completed the acquisition of The Herb Chambers Companies on July 21, 2025, so the year-ago quarter includes those stores only from that date.
Source: Asbury Automotive Group Q3 2026 results, October 27, 2026. Also in the Form 10-Q for the quarter ended September 30, 2026. Figures as reported; checked against the release on November 10, 2026.
ABG revenue by segment
How Asbury Automotive Group splits revenue in its own release, under its own labels, for Q3 2026 against Q3 2025. Indented lines are parts of the line above them.
| Revenue by line of business | Q3 2026 | Q3 2025 | Change |
|---|---|---|---|
| New vehicle | $2,293 million | $2,529 million | down 9% |
| Total used vehicle | $1,294 million | $1,412 million | down 8% |
| Used vehicle retail | $1,154 million | $1,227 million | down 6% |
| Used vehicle wholesale | $140 million | $186 million | down 24% |
| Parts and service | $644 million | $659 million | down 2% |
| Finance and insurance, net | $183 million | $200 million | down 9% |
- Asbury Automotive Group's New vehicle revenue was $2.3 billion in Q3 2026, down 9% from $2.5 billion in Q3 2025, 52% of total revenue.
- Asbury Automotive Group's Total used vehicle revenue was $1.3 billion in Q3 2026, down 8% from $1.4 billion in Q3 2025, 29% of total revenue.
- Asbury Automotive Group's Parts and service revenue was $644 million in Q3 2026, down 2% from $659 million in Q3 2025, 15% of total revenue.
- Asbury Automotive Group's Finance and insurance, net revenue was $183 million in Q3 2026, down 9% from $200 million in Q3 2025, 4% of total revenue.
Segment lines are the figures writers cite most often, because they show where the growth in a quarter came from. Companies redraw their segments from time to time and restate the prior year to match, so a year-ago figure here can differ from the one printed a year ago. When that has happened, the note above says so.
ABG recent quarters
Revenue and diluted EPS for the last 5 quarters. Each date links to that quarter's release.
| Quarter | Revenue | Diluted EPS | Reported |
|---|---|---|---|
ended Sep 30, 2026 | $4,414 million | $5.84 | Oct 27, 2026 |
Q2 2026 ended Jun 30, 2026 | $4,385 million | $6.25 | Jul 28, 2026 |
Q1 2026 ended Mar 31, 2026 | $4,113 million | $9.87 | Apr 28, 2026 |
Q4 2025 ended Dec 31, 2025 | $4,677 million | $3.10 | Feb 5, 2026 |
Q3 2025 ended Sep 30, 2025 | $4,801 million | $7.52 | Oct 28, 2025 |
GAAP total revenue and diluted EPS, each as first reported in that quarter's release.
When does ABG report earnings next?
We do not hold a confirmed date for Asbury Automotive Group's next report. Companies post the date on their investor relations site a few weeks ahead, usually with the time of the conference call.
Past Asbury Automotive Group quarterly reports
Each quarter keeps its own page with the figures as reported, so a link to one stays pointed at the same numbers after the next report.
- Q3 2026 (this page), reported Oct 27, 2026
What Asbury Automotive Group's revenue is made of
Asbury Automotive Group's Q3 2026 revenue was $4,413.6 million, down 8% from $4,800.9 million. New vehicles were 52.0% of revenue at $2,293.0 million, used vehicle retail 26.1% at $1,153.8 million, parts and service 14.6% at $644.0 million and finance and insurance 4.1% at $182.5 million. (Asbury Automotive Group Q3 2026 earnings release, Oct 27, 2026)
Parts and service produced 50.7% of Asbury's gross profit and finance and insurance 23.3%, while new vehicles contributed 17.6%, down from 20.1% a year earlier. Total gross profit was $731.5 million and gross margin 16.6%. (Asbury Automotive Group Q3 2026 earnings release, Oct 27, 2026)
Asbury sold 43,736 new vehicles, down 9%, and 34,586 used vehicles at retail, down 8%. Gross profit per new vehicle fell to $2,949 from $3,350, while used retail gross profit per unit rose to $1,788 from $1,631. Finance and insurance gross profit per vehicle retailed was $2,176. (Asbury Automotive Group Q3 2026 earnings release, Oct 27, 2026)
On a same-store basis, which excludes divested dealerships, revenue was $4,197.8 million, down 6%, new vehicle revenue fell 8% and parts and service revenue rose 1%. Toyota was 21% of new vehicle revenue, Ford 13% and Lexus 11%; luxury brands together were 32%. (Asbury Automotive Group Q3 2026 earnings release, Oct 27, 2026; Asbury Automotive Group Form 10-Q, Q3 2026, Oct 30, 2026)
What Asbury Automotive Group's EPS includes
Asbury earned $5.84 per diluted share on a GAAP basis in Q3 2026 and $6.16 adjusted. The adjustments, net of tax, were $6 million ($0.32 per share) of Tekion implementation expenses and $1 million ($0.03 per share) of duplicative DMS-related expenses, less $1 million ($0.03 per share) of net gain on divestitures. (Asbury Automotive Group Q3 2026 earnings release, Oct 27, 2026)
The year-ago GAAP EPS of $7.52 was above the adjusted $7.17 because it included a $27 million ($1.37 per share) net gain on divestitures, partly offset by a $9 million non-cash impairment, $7 million of professional fees for the Herb Chambers acquisition and other items. (Asbury Automotive Group Q3 2026 earnings release, Oct 27, 2026)
Diluted weighted average shares were 18.0 million against 19.6 million, and Asbury repurchased about 1.35 million shares for $278 million through September 30, 2026, with about $322 million of authorization left. The effective tax rate was 24.4% against 26.5%. (Asbury Automotive Group Q3 2026 earnings release, Oct 27, 2026; Asbury Automotive Group Form 10-Q, Q3 2026, Oct 30, 2026)
Diluted EPS divides net income by the weighted average number of shares outstanding in the quarter, plus the shares that options and other equity awards could add. Buybacks shrink that count and lift EPS for the same profit; share issuance and stock awards enlarge it.
Consensus and guidance at Asbury Automotive Group
Asbury Automotive Group's Q3 2026 release gives no revenue or earnings outlook. The one forward figure in its 10-Q is an estimated effective tax rate of about 24.8% for 2026. (Asbury Automotive Group Q3 2026 earnings release, Oct 27, 2026; Asbury Automotive Group Form 10-Q, Q3 2026, Oct 30, 2026)
The release says Asbury completed its company-wide Tekion conversion in mid-October, converting 47 stores in the third quarter, and finished rolling out Total Care Auto across all Asbury stores in October. In its longest-tenured Tekion markets, customer pay gross profit was up 7% and total parts and service gross profit up 5%. (Asbury Automotive Group Q3 2026 earnings release, Oct 27, 2026)
A consensus figure is the average of the models published by the analysts who cover Asbury Automotive Group, collected by a data provider and revised up to the day of the report. A quarter that lands above it says how expectations were set as much as how the business did, and the share price on the day also reflects the guidance and the lines no consensus covers.
The consensus figures on this page are Yahoo Finance's, as pulled on the date shown. Each comes with the number of analysts behind it; the smaller that number, the more one revised estimate can move the average.
The numbers analysts watch at Asbury Automotive Group
The figures below are the ones Asbury Automotive Group's own release and filings put weight on for Q3 2026, with the latest reported value for each.
| Metric | Latest reported |
|---|---|
| New vehicle gross profit per unit | $2,949, down 12% from $3,350 New vehicle gross margin 5.6%, against 6.4% Asbury Automotive Group Q3 2026 earnings release, Oct 27, 2026 |
| Used vehicle retail gross profit per unit | $1,788, up 10% from $1,631 Asbury Automotive Group Q3 2026 earnings release, Oct 27, 2026 |
| F&I per vehicle retailed | $2,176 $2,182 a year earlier Asbury Automotive Group Q3 2026 earnings release, Oct 27, 2026 |
| SG&A as a % of gross profit | 68.5%, against 65.7% Adjusted 67.4%, against 64.2% Asbury Automotive Group Q3 2026 earnings release, Oct 27, 2026 |
| Same-store revenue | $4,197.8 million, down 6% Same-store gross profit $695.0 million, down 7% Asbury Automotive Group Q3 2026 earnings release, Oct 27, 2026 |
| Days supply | New vehicles 53 days; used vehicles 41 days 58 and 35 days at September 30, 2025 Asbury Automotive Group Q3 2026 earnings release, Oct 27, 2026 |
What the quarter means for a holding is a separate question from what it reported. The case for and against owning ABG is on is ABG a buy or a sell?, what analysts expect next is on the ABG forecast, and what the company does is on the Asbury Automotive Group (ABG) stock page.
How to check ABG's figures yourself
Every number on this page can be traced to a document Asbury Automotive Group published. Checking one takes a couple of minutes, and it is worth doing before you quote a figure anywhere.
- The results release is the document linked in the source line above. Companies publish it on their investor relations site at the moment results go out, and it carries the headline tables: revenue, operating income, net income and EPS for the quarter and the year-ago quarter.
- The same release is filed with the SEC as Exhibit 99.1 to a Form 8-K under Item 2.02, usually on the day of the report. The SEC copy does not change after the fact, which makes it the safer thing to link when you cite a number.
- The quarterly report (Form 10-Q) follows within a few weeks and carries the full financial statements, the segment note and management's discussion of what changed. The fourth quarter is covered by the annual report (Form 10-K) instead.
- Restated comparisons are flagged in the notes on this page. When a company redraws its segments or changes how it adjusts EPS, it restates the year-ago column, so the year-ago figure in a new release can differ from the one printed a year ago. This page always uses the comparison in the newer release, because that is the like-for-like one.
A walk-through of every line in a release, with what each one tells you, is in how to read an earnings report.
Your questions about Asbury Automotive Group
Ask Walnut's AI anything about ABG and see how it fits what you own.
FAQ
What was Asbury Automotive Group's revenue last quarter?
+
Asbury Automotive Group reported revenue of $4,414 million for Q3 2026, the quarter ended September 30, 2026, against $4,801 million in Q3 2025 (down 8%). The figures come from Asbury Automotive Group's results release of October 27, 2026.
When does ABG report earnings next?
+
We do not hold a confirmed date for Asbury Automotive Group's next report. Companies announce the date on their investor relations site a few weeks ahead, usually with the time of the call.
Where does Asbury Automotive Group's revenue come from?
+
Asbury Automotive Group's New vehicle revenue was $2.3 billion in Q3 2026, down 9% from $2.5 billion in Q3 2025, 52% of total revenue. Asbury Automotive Group's Total used vehicle revenue was $1.3 billion in Q3 2026, down 8% from $1.4 billion in Q3 2025, 29% of total revenue. Asbury Automotive Group's Parts and service revenue was $644 million in Q3 2026, down 2% from $659 million in Q3 2025, 15% of total revenue. Asbury Automotive Group's Finance and insurance, net revenue was $183 million in Q3 2026, down 9% from $200 million in Q3 2025, 4% of total revenue. These are the lines of Asbury Automotive Group's own "revenue by line of business" table for Q3 2026.
How much did Asbury Automotive Group's revenue grow last quarter?
+
Down 8% on the year: $4,414 million in Q3 2026 against $4,801 million in Q3 2025. That is the year-over-year comparison, the same quarter a year apart, so seasonal patterns in Asbury Automotive Group's business do not distort it.
What is the difference between Asbury Automotive Group's GAAP and adjusted EPS EPS?
+
GAAP EPS follows US accounting rules and is the figure in the audited statements. Asbury Automotive Group's adjusted EPS EPS starts from it and removes items the company considers outside its operating results; the release lists each adjustment in a reconciliation table. For Q3 2026 the two were $5.84 and $6.16. Analysts' EPS estimates are usually built on the adjusted figure, so check which one a headline compares before you repeat it.
Where do the ABG numbers on this page come from?
+
From Asbury Automotive Group's own results release and its Form 10-Q for the quarter ended September 30, 2026, copied as printed, in millions of US dollars. Percent changes are worked out from those figures and rounded to a whole percent, which matches how the release states them. Nothing on this page is an estimate except the consensus, which is labelled with its source and date.
Walnut is informational, not investment advice. Reported figures are copied from Asbury Automotive Group's results release and filings; consensus figures, where shown, are third-party estimates captured before the report. Verify figures against the source before relying on them.