10-K · March 5, 2026
CarParts.com positions itself as a tech-enabled eCommerce destination for aftermarket automotive parts, investing in fulfillment, private-label consolidation (JC Whitney) and technology (launched the Spark AI assistant…
Earnings analysis · 10-Q
PRTS earnings analysis
Filed May 7, 2026 · Our reading of the company's report
The latest report
CarParts.com reported Q1 2026 results with net sales of $131.96 million, reflecting a 10.5% decline compared to the same period last year, largely attributed to rationalizing marketing expenses. The company's net loss…
Read full summary
CarParts.com reported Q1 2026 results with net sales of $131.96 million, reflecting a 10.5% decline compared to the same period last year, largely attributed to rationalizing marketing expenses. The company's net loss narrowed to $1.94 million from a loss of $15.28 million a year ago, showing improvements in operating efficiency and an increase in gross margin, which reached 32.5%.
Gross and operating margin
How much of each revenue dollar the business keeps.
One point per quarterly or annual filing. Both margins are shares of that report's revenue.
How we read each report
Our analysis across the last few reports.
Our model's reading of each filing, not the share price or the market's reaction. Annual and quarterly reports each occupy one position.
Reported figures
- Earnings per share
- $-0.03
- Gross margin
- 32.5%
What stood out
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Revenue Surpassed Expectations
Reported revenue of $131.96 million exceeded the consensus estimate of $131.37 million.
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Narrowed Net Loss
Net loss reduced to $1.94 million or $0.03 per share, a significant improvement from $15.28 million or $0.27 per share a year ago.
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Increased Operating Efficiency
Operating expenses decreased by 26.4% to $45.99 million, enhancing operational margins.
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Positive Adjusted EBITDA
First positive EBITDA of $585, compared to a negative $6.23 million in Q1 2025.
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Improved Gross Margin
Gross margin rose to 32.5%, increasing 40 basis points from 32.1% in Q1 2025.
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Cash Position Strengthened
Cash and cash equivalents increased by $12.04 million to $37.86 million compared to $25.82 million at the beginning of the year.
What to watch
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Declining Revenue Trends
Net sales decreased by 10.5% year-over-year, indicating potential difficulties in sustaining growth.
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Supply Chain Vulnerabilities
Dependence on suppliers in Taiwan and China exposes the company to geopolitical and logistical risks.
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High Debt Levels
Total debt decreased slightly to $33.41 million but continues to represent a burden amid operational fluctuations.
Management's outlook
No numeric forward guidance provided, outlook deferred to future communications.
Earlier filings 4
10-Q · May 13, 2025
CarParts.com reported revenue of $147,378 for the thirteen weeks ended March 29, 2025, down from $166,289 a year earlier, with net loss widening to $15,283 and diluted loss per share of $(0.27). Operating cash flow…
10-Q · August 1, 2024
CarParts.com reported Q2 net sales of $144,270 (thousands) and a GAAP net loss of $(8,687) for the 13 weeks ended June 29, 2024. Revenue declined materially vs. the prior-year quarter and the company incurred a larger…
10-Q · October 31, 2023
CarParts.com reported quarterly net sales of $166,864 (thousands) and a diluted loss per share of $(0.04) for the thirteen weeks ended September 30, 2023. Revenue was roughly flat year-over-year but gross margin and…
This is our reading of a public filing, not the filing itself. Analysis can contain errors; check the source document for full context.