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O'Reilly Automotive (ORLY) guidance and outlook
O'Reilly Automotive (ORLY) raised its guidance on Oct 28, 2026: Gross margin 51.6%–52.1% for FY2026; Operating income +19.5% to +20% for FY2026; Revenue +5.5% to +6.5% for FY2026; Revenue $19.0B–$19.3B for FY2026. O'Reilly Automotive's 10-Q filed Nov 6, 2026 makes 6 forward-looking statements.
Guidance and outlook
Latest guidance
| Metric | Period | Range | Change |
|---|---|---|---|
| Revenue | FY2026 | +5.5% to +6.5% | raised |
| Gross margin | FY2026 | 51.6%–52.1% | raised |
| Operating income | FY2026 | +19.5% to +20% | raised |
| Revenue | FY2026 | +5.5% to +6.5% | raised |
| Revenue | FY2026 | $19.0B–$19.3B | raised |
| Gross profit | FY2026 | +51.6% to +52.1% | reaffirmed |
| Tax rate | FY2026 | 22.7% | raised |
| EPS | FY2026 | −$1.00 | reaffirmed |
| Operating cash flow | FY2026 | $3.2B–$3.6B | raised |
| Capital expenditures | FY2026 | $1.3B–$1.4B | reaffirmed |
From the earnings release filed Oct 28, 2026 (8-K on EDGAR).
Forward-looking statements, 10-Q filed Nov 6, 2026
- We believe consumers will continue to invest in these reliable, higher-quality, higher-mileage vehicles, and these investments, along with an increasing total light vehicle fleet, will support continued demand for automotive aftermarket products.
- We remain confident in our ability to gain market share in our existing markets and grow our business in new markets by focusing on our dual market strategy and the core O’Reilly values of hard work and excellent customer service.
- We anticipate total new store growth to be 225 to 235 net, new store openings in 2026.
- We anticipate total new store growth to be 265 to 275 net, new store openings in 2027.
- We expect to fund our short- and long-term cash and capital requirements with our primary sources of liquidity, which include funds generated from the normal course of our business operations, borrowings under our unsecured revolving credit facility and our commercial paper program, and senior note offerings.
- However, there can be no assurance that we will continue to generate cash flows or maintain liquidity at or above recent levels, as we are unable to predict decreased demand for our products or changes in customer buying patterns.
O'Reilly Automotive's latest quarter
O'Reilly Automotive, Q3 2026: revenue $5.1B (+9% year over year), operating margin 21.4%, net earnings $786M, operating cash flow $559M. The chart follows the revenue to costs, profit and cash.
Questions
Did O'Reilly Automotive raise or lower its guidance?
O'Reilly Automotive (ORLY) raised its guidance on Oct 28, 2026: Gross margin 51.6%–52.1% for FY2026; Operating income +19.5% to +20% for FY2026; Revenue +5.5% to +6.5% for FY2026; Revenue $19.0B–$19.3B for FY2026.
What does O'Reilly Automotive expect?
We believe consumers will continue to invest in these reliable, higher-quality, higher-mileage vehicles, and these investments, along with an increasing total light vehicle fleet, will support continued demand for automotive aftermarket products. We remain confident in our ability to gain market share in our existing markets and grow our business in new markets by focusing on our dual market strategy and the core O’Reilly values of hard work and excellent customer service. We anticipate total new store growth to be 225 to 235 net, new store openings in 2026.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.