AutoCanada Inc. reported lower revenue, vehicle sales and profits in the fourth quarter of 2025, according to results released March 18.
The company generated $1.12 billion in revenue from continuing operations, down 11.8% from $1.27 billion in the same period in 2024.
AutoCanada posted a net loss of $2.3 million from continuing operations, compared to net income of $9.8 million a year earlier. Overall, the company reported a total net loss of $14.6 million, an improvement from a $38.4 million loss in the prior year.
Sales volumes declined during the quarter. New vehicle sales dropped 17.7% to 7,028 units, while used vehicle sales fell 17.4% to 8,741 units.
Gross profit – the money left after covering the cost of vehicles and services — decreased 19.5% to $174.0 million. Profit margins also narrowed compared to the previous year.
Some parts of the business performed better than others. Collision repair gross profit increased 5.2% to $18.1 million, and profit per customer in finance and insurance rose 4.4%. Meanwhile, parts and service gross profit declined 9.4%.
Operating costs were reduced, with expenses before depreciation falling 16.4% to $137.2 million. Floorplan financing costs — interest paid on vehicle inventory — also dropped 36.2% to $8.3 million.
In AutoCanada’s collision repair business, revenue totalled $35.4 million in the fourth quarter, a slight decrease from the previous year. The dip was largely tied to a slowdown in paintless dent repair work following a major hail event in 2024. At the same time, demand for traditional collision repairs remained strong, helping boost profitability. As a result, gross profit increased and margins improved to 51.3%.
During the quarter, AutoCanada Inc. expanded its collision footprint with the acquisition of Doug’s Place Strathcona in Edmonton.
