Opening its latest reports…Reading every line of the four statements…Putting it into plain words…
SAHSonic Automotive Inc
The four financial statements
Every company that sells shares in the US files four statements with the SEC. Together they show whether Sonic Automotive made money, what it owns and owes, where its cash went, and what changed for its shareholders. Below is every line exactly as Sonic Automotive filed it, with what each one means in plain English.
As filed with the SEC on Feb 23, 2026 · the full report · SEC's figures viewer
Income statement · also called the statement of operations, statement of earnings or profit and loss
Did it make money?
Read it from the top down. It starts with everything customers paid (sales), takes away the cost of making what was sold, then the costs of running the company, then interest and tax. What is left at the bottom is profit (net income), the part that belongs to shareholders. It covers a stretch of time: a year, or a quarter.
- People usually check: Are sales growing compared with a year earlier?
- People usually check: How much of each dollar of sales is left at each step (the margins)?
- People usually check: Is profit growing faster or slower than sales?
Point at or tap a bar to see the lines inside it.
Out of every $100 of sales
- cost of making what it sold: $84
- running costs: $13
- other income and costs: $1
- income tax: $0
- kept as profit: $0.8
Every line, explained
| Line (tap for what it means) | 12 months to Dec 31, 2025 | 12 months to Dec 31, 2024 | 12 months to Dec 31, 2023 |
|---|---|---|---|
| Revenues | |||
| $15.2B▲ 6.5% | $14.2B | $14.4B | |
| Cost of Sales (1) | |||
| −$12.8B▼ 6.1% | −$12.0B | −$12.1B | |
| $12.8B▲ 6.1% | $12.0B | $12.1B | |
| $2.4B▲ 8.7% | $2.2B | $2.2B | |
| −$1.7B▼ 6.4% | −$1.6B | −$1.6B | |
| $173.8M▲ 4356% | $3.9M | $79.3M | |
| −$163.4M▼ 8.6% | −$150.4M | −$142.3M | |
| $367.5M▼ 20% | $461.5M | $423.6M | |
| Other income (expense) | |||
| −$84.7M▲ 2.5% | −$86.9M | −$67.2M | |
| −$110.1M▲ 6.7% | −$118.0M | −$114.6M | |
| $100.0K | −$500.0K | $100.0K | |
| −$194.7M▲ 5.2% | −$205.4M | −$181.7M | |
| $172.8M▼ 33% | $256.1M | $241.9M | |
| −$54.1M | $40.1M | $63.7M | |
| Discontinued operations | |||
| $118.7M▼ 45% | $216.0M | $178.2M | |
| Basic earnings per common share | |||
| $3.49▼ 45% | $6.34 | $5.09 | |
| 34.0M shares▼ 0.3% | 34.1M shares | 35.0M shares | |
| Diluted earnings per common share | |||
| $3.42▼ 45% | $6.18 | $4.97 | |
| 34.7M shares▼ 0.9% | 35.0M shares | 35.9M shares | |
Split by Franchised Dealership Impairment, Total vehicles, Used vehicles, Wholesale vehicles and more
| Franchised Dealership Impairment | |||
|---|---|---|---|
| Write-down of asset values (impairment) (Impairment charges) | – | – | $1.0M |
| Total vehicles | |||
| Sales (Total revenues) | – | $11.7B | $11.9B |
| Cost of making what it sold (Total cost of sales) | −$11.8B | −$11.1B | −$11.2B |
| Cost of making what it sold (Cost of Sales) | $11.8B | $11.1B | $11.2B |
| Used vehicles | |||
| Sales (Total revenues) | $4.9B | $4.8B | $5.2B |
| Cost of making what it sold (Total cost of sales) | −$4.7B | −$4.6B | −$5.1B |
| Cost of making what it sold (Cost of Sales) | $4.7B | $4.6B | $5.1B |
| Wholesale vehicles | |||
| Sales (Total revenues) | $314.1M | $287.1M | $318.8M |
| Cost of making what it sold (Total cost of sales) | −$325.3M | −$293.1M | −$321.4M |
| Cost of making what it sold (Cost of Sales) | $325.3M | $293.1M | $321.4M |
| Total new vehicles | |||
| Sales (Total revenues) | $7.1B | $6.6B | $6.4B |
| Cost of making what it sold (Total cost of sales) | −$6.8B | −$6.2B | −$5.9B |
| Cost of making what it sold (Cost of Sales) | $6.8B | $6.2B | $5.9B |
| Fleet new vehicles | |||
| Sales (Total revenues) | $101.5M | $95.3M | $92.2M |
| Cost of making what it sold (Total cost of sales) | −$99.8M | −$92.3M | −$88.2M |
| Cost of making what it sold (Cost of Sales) | $99.8M | $92.3M | $88.2M |
| Retail new vehicles | |||
| Sales (Total revenues) | $7.0B | $6.5B | $6.3B |
| Cost of making what it sold (Total cost of sales) | −$6.7B | −$6.1B | −$5.8B |
| Cost of making what it sold (Cost of Sales) | $6.7B | $6.1B | $5.8B |
| Parts, service and collision repair | |||
| Sales (Total revenues) | $2.0B | $1.8B | $1.8B |
| Cost of making what it sold (Total cost of sales) | −$990.0M | −$917.6M | −$885.5M |
| Cost of making what it sold (Cost of Sales) | $990.0M | $917.6M | $885.5M |
| Finance, insurance and other, net | |||
| Sales (Total revenues) | $798.9M | $707.8M | $683.7M |
| Total_Vehicles | |||
| Sales (Total revenues) | $12.3B | – | – |
Every line as the company filed it (USD ($), shares in Thousands), shown in full dollars. See this statement on SEC.
Extra: What other gains and losses were there?Statement of comprehensive income: Profit, plus gains and losses that skip the income statement.
Some value changes don't count as profit yet: currency moves on businesses abroad, rises or falls in investments it hasn't sold, and some hedges and pension changes. They are added to profit here to give comprehensive income, and they build up in shareholders' equity.
Every line, explained
| Line (tap for what it means) | 12 months to Dec 31, 2025 | 12 months to Dec 31, 2024 | 12 months to Dec 31, 2023 |
|---|---|---|---|
| Statement of Comprehensive Income | |||
| $118.7M | $216.0M | $178.2M | |
| Other comprehensive income (loss) before taxes | |||
| −$3.8M | $2.0M | −$100.0K | |
| −$6.2M | $3.0M | $0 | |
| $1.7M | −$800.0K | $0 | |
| −$4.5M | $2.2M | $0 | |
| $114.2M | $218.2M | $178.2M | |