Filing Flows › Group 1 Automotive (GPI) › Q1 2026
Group 1 Automotive (GPI) Q1 2026 earnings results (first quarter 2026)
10-Q filed Apr 30, 2026
Group 1 Automotive (GPI) reported revenue of $5.4B for the first quarter 2026 (Q1 2026), -2% from a year earlier and -3% from the quarter before. Operating margin was 4.5%, net earnings $130M (2.4% of revenue).
Group 1 Automotive, Q1 2026: revenue $5.4B (-2% year over year), operating margin 4.5%, net earnings $130M, operating cash flow $92.4M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $5.4B | -3% | -2% |
| Gross profit | $878M | +0.4% | -2% |
| Operating profit | $243M | +74% | +4% |
| Net earnings | $130M | +199% | +2% |
| Operating cash flow | $92.4M | -28% | -42% |
| Free cash flow | $8.4M | -84% | -92% |
What changed
Revenue was $5.4B in Q1 2026, down 2% year over year and down 3% from the previous quarter. New vehicle retail sales was the largest line at 47% of revenue. New vehicle retail sales lost $0.12B year over year (down 4%), 120% of the total change.
Gross margin was 16.2%, unchanged from Q1 2025. Operating profit was $0.24B, a 4.5% margin (up 0.2 points year over year). Operating expenses fell 3% while revenue fell 2%. Net earnings were $0.13B, up 2% year over year. The effective tax rate was 23.8%.
Operating cash flow was $0.09B (down 42% year over year), 71% of net earnings. Non-cash charges added back $0.03B of depreciation and amortization and $0.01B of share-based compensation. Working capital and other items used $0.08B. Capital expenditures of $0.08B left free cash flow of $0.01B.
Questions
What was Group 1 Automotive's revenue in the first quarter 2026?
Group 1 Automotive (GPI) reported revenue of $5.4B for the first quarter 2026 (Q1 2026), -2% from a year earlier and -3% from the quarter before.
Was Group 1 Automotive profitable in the first quarter 2026?
Operating profit was $243M (4.5% of revenue) and net earnings $130M.
Source: Group 1 Automotive 10-Q on SEC EDGAR.