Filing Flows › Group 1 Automotive (GPI) › Q2 2026 › vs Q1 2026
Group 1 Automotive (GPI) Q2 2026 vs Q1 2026 (quarter over quarter)
Group 1 Automotive's revenue fell $22.0M (-0.4%) from $5.4B in Q1 2026 to $5.4B in Q2 2026. The biggest changes: Parts and service sales −$12.0M (-2%); Total new and used vehicle sales −$10.9M (-0.2%); Finance, insurance and other, net +$900K (+0.4%). Gross margin 16.0% against 16.2% (-0.3 pts).
Group 1 Automotive, Q2 2026: revenue $5.4B (-6% year over year), operating margin 3.8%, net earnings $103M, operating cash flow $62.6M. The chart draws each line against Q1 2026, the increases inside each band.
Margins
| Q2 2026 | Q1 2026 | Change | |
|---|---|---|---|
| Gross margin | 16.0% | 16.2% | -0.3 pts |
| Operating margin | 3.8% | 4.5% | -0.7 pts |
| Net margin | 1.9% | 2.4% | -0.5 pts |
| Free cash flow margin | 0.4% | 0.2% | +0.2 pts |
Every line
| Line | Q2 2026 | Q1 2026 | Change | % |
|---|---|---|---|---|
| New vehicle retail sales | $2.6B | $2.6B | $43.7M | +2% |
| Used vehicle retail sales | $1.7B | $1.8B | −$56.6M | -3% |
| Used vehicle wholesale sales | $152M | $150M | $2.0M | +1% |
| Total new and used vehicle sales | $4.5B | $4.5B | −$10.9M | -0.2% |
| Parts and service sales | $692M | $704M | −$12.0M | -2% |
| Finance, insurance and other, net | $217M | $216M | $900K | +0.4% |
| Revenue | $5.4B | $5.4B | −$22.0M | -0.4% |
| Gross profit | $861M | $878M | −$17.3M | -2% |
| Cost of revenue | $4.5B | $4.5B | −$4.7M | -0.1% |
| Operating profit | $203M | $243M | −$39.5M | -16% |
| Operating expenses | $658M | $635M | $22.2M | +3% |
| Pre-tax earnings | $134M | $170M | −$36.1M | -21% |
| Other expense, net | $68.7M | $72.1M | −$3.4M | -5% |
| SG&A | $624M | $601M | $22.9M | +4% |
| Other operating costs | $34.0M | $34.7M | −$700K | -2% |
| Net earnings | $103M | $130M | −$26.9M | -21% |
| Income tax | $31.4M | $40.6M | −$9.2M | -23% |
| Depreciation & amortization | $30.9M | $31.1M | −$200K | -0.6% |
| Share-based compensation | $7.9M | $10.9M | −$3.0M | -28% |
| Working capital & other | $79.5M | $79.8M | −$300K | -0.4% |
| Operating cash flow | $62.6M | $92.4M | −$29.8M | -32% |
| Free cash flow (OCF − capex) | $19.8M | $8.4M | $11.4M | +136% |
| Capital expenditures | $42.8M | $84.0M | −$41.2M | -49% |
Questions
How much did Group 1 Automotive's revenue grow quarter over quarter in Q2 2026?
Group 1 Automotive's revenue fell $22.0M (-0.4%) from $5.4B in Q1 2026 to $5.4B in Q2 2026.
What drove Group 1 Automotive's revenue change in Q2 2026?
Parts and service sales −$12.0M (-2%); Total new and used vehicle sales −$10.9M (-0.2%); Finance, insurance and other, net +$900K (+0.4%).