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Side-by-side financial comparison of SONIC AUTOMOTIVE INC (SAH) and SHOPIFY INC. (SHOP). Click either name above to swap in a different company.
SONIC AUTOMOTIVE INC is the larger business by last-quarter revenue ($3.7B vs $3.7B, roughly 1.0× SHOPIFY INC.). SHOPIFY INC. runs the higher net margin — 20.2% vs 1.6%, a 18.6% gap on every dollar of revenue. On growth, SHOPIFY INC. posted the faster year-over-year revenue change (30.6% vs 1.0%). Over the past eight quarters, SHOPIFY INC.'s revenue compounded faster (40.5% CAGR vs 3.4%).
Sonic Automotive is a Fortune 500 company based in Charlotte, North Carolina, and is the fifth largest automotive retailer in the United States as measured by total revenues. The company was founded by O Bruton Smith and completed its initial public offering on the NYSE in 1997.
Shopify Inc., stylized as shopify, is a Canadian multinational e-commerce company headquartered in Ottawa, Ontario that operates a platform for retail point-of-sale systems. The company has over 5 million customers and processed US$292.3 billion in transactions in 2024, of which 57% was in the United States. Major customers include Tesla, LVMH, Nestlé, PepsiCo, AB InBev, Kraft Heinz, Lindt, Whole Foods Market, Red Bull, and Hyatt.
SAH vs SHOP — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $3.7B | $3.7B |
| Net Profit | $60.8M | $743.0M |
| Gross Margin | 16.2% | 46.1% |
| Operating Margin | 3.1% | 17.2% |
| Net Margin | 1.6% | 20.2% |
| Revenue YoY | 1.0% | 30.6% |
| Net Profit YoY | — | -42.5% |
| EPS (diluted) | $1.79 | $0.58 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q1 26 | $3.7B | — | ||
| Q4 25 | $3.9B | $3.7B | ||
| Q3 25 | $4.0B | $2.8B | ||
| Q2 25 | $3.7B | $2.7B | ||
| Q1 25 | $3.7B | $2.4B | ||
| Q4 24 | $3.9B | $2.8B | ||
| Q3 24 | $3.5B | $2.2B | ||
| Q2 24 | $3.5B | $2.0B |
| Q1 26 | $60.8M | — | ||
| Q4 25 | $46.9M | $743.0M | ||
| Q3 25 | $46.8M | $264.0M | ||
| Q2 25 | $-45.6M | $906.0M | ||
| Q1 25 | $70.6M | $-682.0M | ||
| Q4 24 | $58.6M | $1.3B | ||
| Q3 24 | $74.2M | $828.0M | ||
| Q2 24 | $41.2M | $171.0M |
| Q1 26 | 16.2% | — | ||
| Q4 25 | 15.5% | 46.1% | ||
| Q3 25 | 15.5% | 48.9% | ||
| Q2 25 | 16.5% | 48.6% | ||
| Q1 25 | 15.5% | 49.5% | ||
| Q4 24 | 14.7% | 48.1% | ||
| Q3 24 | 15.6% | 51.7% | ||
| Q2 24 | 15.6% | 51.1% |
| Q1 26 | 3.1% | — | ||
| Q4 25 | 3.2% | 17.2% | ||
| Q3 25 | 3.1% | 12.1% | ||
| Q2 25 | -0.6% | 10.9% | ||
| Q1 25 | 4.0% | 8.6% | ||
| Q4 24 | 3.4% | 16.5% | ||
| Q3 24 | 3.3% | 13.1% | ||
| Q2 24 | 3.1% | 11.8% |
| Q1 26 | 1.6% | — | ||
| Q4 25 | 1.2% | 20.2% | ||
| Q3 25 | 1.2% | 9.3% | ||
| Q2 25 | -1.2% | 33.8% | ||
| Q1 25 | 1.9% | -28.9% | ||
| Q4 24 | 1.5% | 46.0% | ||
| Q3 24 | 2.1% | 38.3% | ||
| Q2 24 | 1.2% | 8.4% |
| Q1 26 | $1.79 | — | ||
| Q4 25 | $1.39 | $0.58 | ||
| Q3 25 | $1.33 | $0.20 | ||
| Q2 25 | $-1.34 | $0.69 | ||
| Q1 25 | $2.04 | $-0.53 | ||
| Q4 24 | $1.67 | $0.99 | ||
| Q3 24 | $2.13 | $0.64 | ||
| Q2 24 | $1.18 | $0.13 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $5.8B |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | — | $13.5B |
| Total Assets | — | $15.2B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $6.3M | $5.8B | ||
| Q3 25 | $89.4M | $6.3B | ||
| Q2 25 | $110.4M | $5.8B | ||
| Q1 25 | $64.6M | $5.5B | ||
| Q4 24 | $44.0M | $5.5B | ||
| Q3 24 | $17.6M | — | ||
| Q2 24 | $67.2M | — |
| Q1 26 | — | — | ||
| Q4 25 | $1.6B | — | ||
| Q3 25 | $1.5B | — | ||
| Q2 25 | $1.5B | — | ||
| Q1 25 | $1.6B | — | ||
| Q4 24 | $1.6B | — | ||
| Q3 24 | $1.7B | — | ||
| Q2 24 | $1.7B | — |
| Q1 26 | — | — | ||
| Q4 25 | $1.1B | $13.5B | ||
| Q3 25 | $1.1B | $12.5B | ||
| Q2 25 | $1.0B | $12.1B | ||
| Q1 25 | $1.1B | $11.1B | ||
| Q4 24 | $1.1B | $11.6B | ||
| Q3 24 | $1.0B | $10.1B | ||
| Q2 24 | $944.7M | $9.2B |
| Q1 26 | — | — | ||
| Q4 25 | $6.0B | $15.2B | ||
| Q3 25 | $6.0B | $15.0B | ||
| Q2 25 | $5.9B | $14.6B | ||
| Q1 25 | $5.9B | $13.4B | ||
| Q4 24 | $5.9B | $13.9B | ||
| Q3 24 | $5.8B | — | ||
| Q2 24 | $5.8B | — |
| Q1 26 | — | — | ||
| Q4 25 | 1.51× | — | ||
| Q3 25 | 1.39× | — | ||
| Q2 25 | 1.48× | — | ||
| Q1 25 | 1.44× | — | ||
| Q4 24 | 1.49× | — | ||
| Q3 24 | 1.67× | — | ||
| Q2 24 | 1.81× | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | — | $725.0M |
| Free Cash FlowOCF − Capex | — | $715.0M |
| FCF MarginFCF / Revenue | — | 19.5% |
| Capex IntensityCapex / Revenue | — | 0.3% |
| Cash ConversionOCF / Net Profit | — | 0.98× |
| TTM Free Cash FlowTrailing 4 quarters | — | $2.0B |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $66.9M | $725.0M | ||
| Q3 25 | $167.9M | $513.0M | ||
| Q2 25 | $136.8M | $428.0M | ||
| Q1 25 | $195.8M | $367.0M | ||
| Q4 24 | $87.7M | $615.0M | ||
| Q3 24 | $87.8M | $423.0M | ||
| Q2 24 | $-136.4M | $340.0M |
| Q1 26 | — | — | ||
| Q4 25 | $-195.6M | $715.0M | ||
| Q3 25 | $134.4M | $507.0M | ||
| Q2 25 | $102.7M | $422.0M | ||
| Q1 25 | $150.8M | $363.0M | ||
| Q4 24 | $-245.5M | $611.0M | ||
| Q3 24 | $34.5M | $421.0M | ||
| Q2 24 | $-185.2M | $333.0M |
| Q1 26 | — | — | ||
| Q4 25 | -5.1% | 19.5% | ||
| Q3 25 | 3.4% | 17.8% | ||
| Q2 25 | 2.8% | 15.7% | ||
| Q1 25 | 4.1% | 15.4% | ||
| Q4 24 | -6.3% | 21.7% | ||
| Q3 24 | 1.0% | 19.5% | ||
| Q2 24 | -5.4% | 16.3% |
| Q1 26 | — | — | ||
| Q4 25 | 6.8% | 0.3% | ||
| Q3 25 | 0.8% | 0.2% | ||
| Q2 25 | 0.9% | 0.2% | ||
| Q1 25 | 1.2% | 0.2% | ||
| Q4 24 | 8.6% | 0.1% | ||
| Q3 24 | 1.5% | 0.1% | ||
| Q2 24 | 1.4% | 0.3% |
| Q1 26 | — | — | ||
| Q4 25 | 1.43× | 0.98× | ||
| Q3 25 | 3.59× | 1.94× | ||
| Q2 25 | — | 0.47× | ||
| Q1 25 | 2.77× | — | ||
| Q4 24 | 1.50× | 0.48× | ||
| Q3 24 | 1.18× | 0.51× | ||
| Q2 24 | -3.31× | 1.99× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
SAH
| Retail new vehicles | $1.6B | 44% |
| Used vehicles | $1.3B | 34% |
| Parts, service and collision repair | $516.6M | 14% |
| Finance, insurance and other, net | $202.4M | 5% |
| Wholesale vehicles | $71.8M | 2% |
| Fleet new vehicles | $20.7M | 1% |
SHOP
| Services | $2.9B | 79% |
| Subscription And Circulation | $777.0M | 21% |
