Financial Performance - Total revenue increased by 7% year-over-year, from $6.586 billion in 3Q 2024 to $7.037 billion in 3Q 2025[4] - Gross profit increased by 5% year-over-year, from $1.183 billion in 3Q 2024 to $1.238 billion in 3Q 2025[4] - Adjusted net income increased by 18% year-over-year, from $162 million in 3Q 2024 to $191 million in 3Q 2025[4] - Diluted adjusted EPS increased by 25% year-over-year, from $4.02 in 3Q 2024 to $5.01 in 3Q 2025[4] Sales Performance - New vehicle unit sales increased by 4% on a same-store basis, driven by double-digit domestic growth and record BEV sales[3, 7] - Used vehicle unit sales increased by 2% on a same-store basis, with higher profitability year-over-year and strong wholesale performance[3] - Customer Financial Services (CFS) gross profit increased by 11% on a same-store basis, driven by 7% unit profitability and 4% unit volume[3] - After-sales gross profit increased by 7% on a same-store basis, achieving a record 3Q total store gross profit with a margin increase of 100bps[3] AutoNation Finance - AutoNation Finance portfolio balance exceeded $2 billion, with improving profitability and portfolio leverage[3] - Originations of AutoNation Finance were over $1.3 billion year-to-date 2025, compared to $0.7 billion year-to-date 2024[17] Capital Allocation - Adjusted free cash flow year-to-date reached $786 million, demonstrating robust cash flow conversion[3] - Capital deployment year-to-date totaled $1.006 billion, including $435 million in share repurchases, $348 million in acquisitions, and $223 million in capital expenditures[3, 24]

Financial Performance - Total revenue increased by 8% year-over-year, from $6480 million in 2Q 2024 to $6974 million in 2Q 2025[4] - Gross profit increased by 10% year-over-year, from $1163 million in 2Q 2024 to $1275 million in 2Q 2025[4] - Adjusted net income increased by 29% year-over-year, from $163 million in 2Q 2024 to $209 million in 2Q 2025[4] - Diluted adjusted EPS increased by 37% year-over-year, from $399 in 2Q 2024 to $546 in 2Q 2025[4] Sales Performance - New vehicle unit sales increased by 8% year-over-year on a same-store basis[3] - Used vehicle gross profit increased by 12% year-over-year on a same-store basis[3] - After-sales gross profit increased by 13% year-over-year on a same-store basis, with gross margin expansion greater than 100 bps[3] - AutoNation Finance originations increased by 100%[3] AutoNation Finance - AutoNation Finance originations increased from $395 million in 1H 2024 to $924 million in 1H 2025[13] - AutoNation Finance portfolio balance increased from $772 million in 1H 2024 to $1761 million in 1H 2025[14] - Penetration rate of AutoNation Finance reached 10% of units sold in 2Q 2025, up from 6% in 2Q 2024[15] Capital Allocation - Capital expenditures decreased by approximately 15% compared to 1H 2024[22] - The company repurchased over 15 million shares at an average price of $164[22] - Leverage ratio decreased to 233x, below the mid-point of the company's targeted range[22, 29]