Sonic Automotive posted an all-time quarterly gross profit record in the second quarter, thanks largely to gains in the retailer’s diversified operating segments.

That includes its EchoPark Automotive used-car stores, where revenues climbed 15% year-over-year and total gross profits reached a Q2 record.

And in the fourth quarter, Sonic anticipates EchoPark’s expansion will resume.

Overall, Sonic generated $3.9 billion in revenue during the quarter, which beat Q2 2025 by 8%, and pulled in total gross profits of $616.2 million, a 2% rise.

Reported net income was up 226% year-over-year at $57.4 million, while adjusted net income (a non-GAAP measure) came in at $58.3 million a 23% decrease.

“Our second quarter performance reflects the strength of Sonic’s diversified business model and the commitment of our teammates across the organization,” Sonic chairman and CEO David Smith said in a news release.

“We generated second quarter record consolidated revenues of $3.9 billion and all-time record quarterly gross profit of $616.2 million, driven by growth across our diversified operating segments. EchoPark delivered double-digit unit volume growth and second quarter record gross profit, while powersports achieved record second quarter revenue and gross profit,” Smith continued.

“Our latest results and outlook reaffirm our commitment to investing in differentiated platforms that broaden our earnings base and position Sonic to create sustainable long-term value for our stockholders.”

EchoPark stores moved 19,601 used retail units during the quarter, a 17% year-over-year increase, and generated revenues of $582.9 million, a 15% increase.

Total gross profits for EchoPark reached $64.3 million, a 4% rise. Reported EchoPark segment income was $7.2 million, down from $11.7 million a year ago. Adjusted segment income for EchoPark (a non-GAAP measure) was $7.2 million, down from $10.9 million.

Adjusted EBITA (a non-GAAP measure) for EchoPark was $13.9 million, down from $16.4 million a year ago.

Meanwhile, Sonic’s franchised stores increased used-car sales by 7% on a same-store basis, though used vehicle gross profits per unit fell 13% on a same-store basis to $1,401.

“Our teams executed well in a quarter that included difficult year-over-year comparisons and a challenging consumer affordability backdrop,” Sonic president Jeff Dyke said in a news release.

“Our continued focus on opportunities in our used vehicle and fixed operations businesses led to our Franchised Dealerships segment delivering strong used vehicle volume growth and all-time record quarterly fixed operations gross profit, along with second quarter record F&I gross profit,” Dyke said.

“At EchoPark, retail used-vehicle volume increased 17% year-over-year, driving revenue and gross profit growth despite lower total gross profit per unit. We remain focused on improving our inventory sourcing mix, optimizing F&I performance, and positioning EchoPark for disciplined footprint expansion beginning in the fourth quarter of 2026.”