Sonic Automotive Reports 1.4% Rise In S.S. Customer-Pay Gross Profit

Aug 23, 2026

For the second quarter of 2026, Sonic Automotive reported $515.50 million in parts, service and collision repair (fixed operations) revenue from its franchised dealerships segment — an increase of 6.3% compared to a year ago.

Same-store fixed operations revenue grew 2.7%. A closer look shows that …
• Customer-pay same-store revenue increased 3.2% to $232.30 million.
• Internal, sublet and “other” same-store revenue increased 1.3% to $128.90 million.
• Warranty same-store revenue increased 2.4% to $84.10 million.
• Wholesale parts same-store revenue increased 5.1% to $47.30 million.

On a same-store basis, Sonic’s fixed operations gross profit grew 2.2% to $251.50 million, which breaks down as …
• Customer-pay up 1.4% to $128.60 million.
• Internal, sublet and “other” up 3.0% to $61.60 million.
• Warranty up 3.3% to $53.30 million.
• Wholesale parts up 2.6% to $8.00 million.

Fixed operations same-store gross margin decreased 30 basis points to 51.0%.

According to management, Sonic’s fixed operations business benefited from a higher level of vehicle recalls and warranty repairs during the quarter as well as additional technician headcount, which drove an increase in customer-pay service capacity.

Charlotte-based Sonic has a nationwide network of 173 automotive and powersports franchises in 145 locations in 90 cities and 21 states.

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