MPAA
Motorcar Parts of America, Inc.12.60
-0.20-1.56%
Dec 16, 4:00:01 PM EST
Earnings Call Transcripts
This Quarter (Q1 '26)
No earnings call transcript available yet
Last Quarter (Q4 '25)
FY Q3 '26
Customer reset one-time; eyes share gains
Q&A pinned the large customer's sales shortfall on a mostly one-time reset from 15% store closures, conservatively baking that cut into FY26 guidance while flagging market share gains from displaced volume. Management detailed Q4 sequential gross margin expansion and OpEx cuts to boost operating income, plus a noncash FX hit from peso strength. They elaborated on divesting the EV emulator unit—strong tech but mismatched with aftermarket focus. Store closures open share opportunities. Answers mostly reinforced the prepared rebound narrative amid temporary disruption.
Key Stats
Market Cap
246.43MP/E (TTM)
105.00Basic EPS (TTM)
0.12Dividend Yield
0%Recent Filings
10-Q
Q3 FY2026 results
Motorcar Parts of America posted Q3 FY2026 net sales of $167.7M, down 9.9% y/y from $186.2M yet up sequentially on Hard Parts strength (93% of revenue). Gross margin slipped to 19.6% from 24.1% y/y amid lower customer purchases and core revaluations, but operating income held at $8.3M versus $17.6M y/y, boosted by a $10.4M FX gain on leases and forwards. Cash swelled to $17.5M with $23.7M YTD operating cash flow; revolver drew $88.0M (6.97% rate) with $128.6M available, alongside $39.9M convertible notes (due 2029). EPS dipped to $0.09 from $0.11 y/y, dilutive shares consistent. Share buybacks accelerated. Customer concentration persists.
8-K
Q3 sales dip, nine-month gains
Motorcar Parts of America posted Q3 net sales of $167.7M, down from $186.2M due to a large customer's store closures and DC consolidation, yet nine-month sales rose 2.4% to $577.5M. Gross margin slipped to 19.6% from 24.1%, but sequential gains signal rebound; net bank debt fell $10.9M to $70.5M amid $23.7M cash generation. Revised FY26 sales guidance: $750M-$760M.
8-K
Director resigns abruptly
8-K
Director Liebau resigns
Motorcar Parts of America director F. Jack Liebau, Jr. resigned from the Board, Audit Committee, and Nominating and Corporate Governance Committee effective November 10, 2025. No disagreements with company operations, policies, or practices. Board shrinks from ten to nine members. Resignation letter attached as Exhibit 99.1.
8-K
Record Q2 sales, debt cut
IPO
Employees
Sector
Industry
AAP
Advance Auto Parts Inc.
44.07-1.39
AZO
AutoZone, Inc.
3417.42-71.29
DORM
Dorman Products, Inc.
126.72-1.20
GPC
Genuine Parts Company
129.46-2.45
MBUMF
MABUCHI MOTOR CO
16.50+0.00
MGA
Magna International, Inc.
52.77+0.41
MNRO
Monro, Inc.
20.76+0.22
ORLY
O'Reilly Automotive, Inc.
92.90-2.24
PRTS
CarParts.com, Inc.
0.39+0.00
SMP
Standard Motor Products, Inc.
38.35+0.08