7:44 am, June 10, 2026
Motorpoint ‘significantly outperformed the wider used car market’ last year, with new accounts showing soaring profits, revenues and sales.
The used car supermarket group has today (Wed) filed its annual results via the London Stock Exchange, and documents show major improvements across the board.
The firm said back in April that it was expecting to announce improved profits for the year to the end of March 2026, and it has now come good on that prediction.
Fresh documents show a pre-tax profit of £7.5m – up 82.9% on the previous year’s £4.1m – while revenue also climbed from £1.17bn to £1.26bn.
The results were helped by a major hike in used car sales, with Motorpoint shifting an impressive 91,100 units, compared to 87,700 last time out. That came despite cars actually selling slower than before, remaining in stock for an average of 54 days, up 11 days year-on-year.
The firm’s overall market share for cars aged up to ten years also grew from 1.46% in 2025 to 1.68% in 2026.
Elsewhere, EBITDA – the measure by which the Car Dealer Top 100 is ranked – shot up 15.1% to £27.5m.
The impressive performance was good news for shareholders, who received a full year dividend of 2.2p per share, compared to 1p last year.
In response to the results, bosses pointed to the firm’s use of data, including the launch a new agentic AI tool to reactivate historic closed quotes, which generated to an additional 900 sales.
The outfit also sourced 6,603 vehicles via its ‘Sell Your Car’ channel, up 85% on previous year
Reflecting on the period, boss Mark Carpenter said: ‘The group had an excellent year in FY26, and I am delighted to report record sales volumes and an 83% increase in profit before taxation.
‘FY26 has been a step change year for Motorpoint, where the use of data became fundamental within the business and we embraced the tangible benefits of AI.
‘This progress deepens our competitive moat and provides the necessary foundation for the Group to expand further and significantly grow profitability in the years ahead. Our strong progress has continued in the first few months of FY27.
‘We again significantly outperformed the wider used car market, demonstrating that our superior proposition, which is to make car buying easy, continues to resonate strongly with customers.
‘Our strategic investment in technology and the use of data and AI, combined with the quality of service provided by our exceptional team, has enabled us to sell more vehicles at good metal margins and provide our customers with a seamless car buying experience.
‘With technology, data and AI integral to our growth strategy going forward, we have also made good progress on other strategic initiatives including the identification of locations to serve new markets and considerably bolstering our service to buy cars direct from consumers.’
Heading into its 2027 financial year, Motorpoint currently operates from 21 retail sites, including one in Norwich which opened last year.
Over the next 12 months, the firm is aiming to increase that number to 30, funded by a new £10m property finance facility, with a store in Leeds expected to begin trading this summer.
Looking ahead, Carpenter added: ‘Whilst the macroeconomic uncertainty in recent months leads to a degree of caution due to the risks of increased inflation and interest rates, our superior customer service, omnichannel business model and exciting growth plans mean we are well placed to take advantage of opportunities to further increase market share and build long term value for shareholders.’
