Lithia & Driveway Sets Record with $9.7 Billion Revenue in Q3 2025
Medford, Wednesday, 22 October 2025.
Lithia & Driveway achieved a record $9.7 billion in revenue for Q3 2025, marking an 11% increase in diluted earnings per share, reflecting strategic success amidst market challenges.
Impressive Revenue Growth
Lithia & Driveway (NYSE: LAD) reported record revenue of $9.7 billion for the third quarter of 2025, highlighting its robust performance in the automotive retail sector. This achievement marks a significant 4.9% increase from the $9.221 billion reported in the same period last year [1]. Such growth underscores the company’s strategic positioning and resilience amidst economic fluctuations, allowing it to outperform industry expectations [2].
Earnings Per Share and Profitability
The company’s diluted earnings per share rose to $8.61, translating to an 11% increase from the $7.73 registered in the third quarter of 2024 [1]. Moreover, adjusted diluted earnings per share surged by 17%, reaching $9.50 compared to $8.14 in the previous year [3]. Despite a minor dip of 1.1% in net income to $219 million, adjusted net income saw a significant rise of 9%, reflecting effective cost management and operational efficiencies [4].
Strategic Acquisitions and Shareholder Returns
In September 2025, Lithia & Driveway expanded its footprint by acquiring Palm Beach Acura, West Palm Beach Hyundai, and West Palm Beach Genesis, which collectively contribute $220 million to its annualized revenue. These acquisitions are part of a broader strategy that has added $620 million in expected annualized revenues year-to-date [1]. Additionally, the company declared a quarterly dividend of $0.55 per share, to be paid on November 21, 2025, underscoring its commitment to shareholder value [3].
Market Reactions and Future Projections
Despite the strong quarterly performance, Lithia & Driveway’s stock experienced a 1.4% decline in pre-market trading, reflecting market dynamics and investor sentiment [2]. Analysts project the company’s fourth-quarter revenue to approximate $9.32 billion, with a full-year forecast of $37.78 billion, indicating continued confidence in its growth trajectory [4]. These projections highlight Lithia’s potential to maintain its momentum in the evolving automotive market landscape [5].