Flagship explainer

How Lithia Motors, Inc. makes its money

Start with a dollar of revenue and follow what the filing says remains.

revenueBranching filed flows with values and percentages directly labeled. Missing filing concepts are omitted rather than estimated.Revenue$37.6B · 100%Cost of revenue$31.9B · 85%Gross profit$5.7B · 15%Operating income$1.6B · 4%Income before tax$1.1B · 3%Income tax$283M · 1%Net income$820M · 2%As of 2025-12-31 · 1 SEC filing sourceBuy Like Buffett · buylikebuffett.com

Honest partial: the filing did not provide a normalized tag for Research and development, Selling, general and administrative; those components are omitted, not plugged.

Table alternative
Filed lineValue% of revenueSource
$37.6B100%
Cost of revenue$31.9B85%
$5.7B15%
$1.6B4%
Income before tax$1.1B3%
Income tax$283M1%
$820M2%
Source: · event Dec 31, 2025 · retrieved Jul 26, 2026 · annual-row source set
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