CarParts.com (NASDAQ:PRTS) Releases Quarterly Earnings Results, Beats Expectations By $0.42 EPS

Posted by Brenda Bartman on Aug 6th, 2026

CarParts.com (NASDAQ:PRTS – Get Free Report) announced its earnings results on Thursday. The specialty retailer reported ($0.43) EPS for the quarter, topping analysts’ consensus estimates of ($0.85) by $0.42, FiscalAI reports. The company had revenue of $135.64 million for the quarter, compared to analysts’ expectations of $129.04 million. CarParts.com had a negative return on equity of 61.91% and a negative net margin of 6.97%.

Here are the key takeaways from CarParts.com’s conference call:

Adjusted EBITDA turned positive at $1.8 million, improving $4.9 million year over year and marking the sixth consecutive quarter of sequential improvement. GAAP net loss narrowed to $3.2 million from $12.7 million a year earlier, supported by a 22% reduction in operating expenses.
Net sales fell 10.7% year over year to $135.6 million as the company reduced lower-return advertising and raised prices to offset higher freight, inflation, oil, and tariff costs. Management characterized the decline as an intentional trade-off for more profitable customer acquisition.
The A-Premium partnership reached an annualized revenue run rate approaching $50 million, with more than twice the profitability of legacy owned mechanical revenue and minimal inventory requirements. J.C. Whitney generated a $2.5 million annualized run rate on Amazon, with management expecting roughly threefold near-term growth and a longer-term path to $25 million.
CarParts.com ended the quarter with $38 million in cash, no revolver borrowings, and inventory down to approximately $84 million from $91 million in the prior quarter. Management reiterated its goal of becoming free-cash-flow positive in 2026, with next milestones including expanding next-day delivery to all four distribution centers.

CarParts.com Price Performance

PRTS traded up $0.11 on Thursday, hitting $5.78. 44,275 shares of the company’s stock traded hands, compared to its average volume of 18,887. The company’s 50 day simple moving average is $5.88 and its 200-day simple moving average is $6.77. The firm has a market cap of $46.82 million, a price-to-earnings ratio of -0.93 and a beta of 0.66. CarParts.com has a one year low of $3.72 and a one year high of $13.60. The company has a current ratio of 1.67, a quick ratio of 0.62 and a debt-to-equity ratio of 0.52.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in PRTS. Mackenzie Financial Corp grew its stake in shares of CarParts.com by 18.5% during the fourth quarter. Mackenzie Financial Corp now owns 1,779,674 shares of the specialty retailer’s stock valued at $880,000 after buying an additional 277,807 shares during the last quarter. Citadel Advisors LLC lifted its stake in shares of CarParts.com by 171.5% during the 3rd quarter. Citadel Advisors LLC now owns 148,771 shares of the specialty retailer’s stock worth $106,000 after acquiring an additional 93,971 shares during the last quarter. Private Management Group Inc. bought a new stake in shares of CarParts.com during the 3rd quarter worth approximately $65,000. Geode Capital Management LLC boosted its holdings in CarParts.com by 14.9% during the 4th quarter. Geode Capital Management LLC now owns 649,984 shares of the specialty retailer’s stock valued at $325,000 after acquiring an additional 84,064 shares during the period. Finally, Vanguard Group Inc. boosted its holdings in CarParts.com by 2.3% during the 3rd quarter. Vanguard Group Inc. now owns 2,554,101 shares of the specialty retailer’s stock valued at $1,816,000 after acquiring an additional 56,857 shares during the period. 75.30% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several research analysts have recently commented on the company. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of CarParts.com in a research note on Friday, July 17th. Royal Bank Of Canada boosted their price objective on CarParts.com from $5.00 to $6.00 and gave the company a “sector perform” rating in a research note on Friday, May 8th. Finally, Wall Street Zen upgraded shares of CarParts.com from a “sell” rating to a “hold” rating in a research report on Sunday, April 19th. One analyst has rated the stock with a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Reduce” and a consensus target price of $6.00.

Read Our Latest Stock Report on PRTS

CarParts.com Company Profile

(Get Free Report)

CarParts.com, Inc operates as a leading online retailer of aftermarket automotive parts and accessories in the United States. Through its flagship website CarParts.com and affiliated e-commerce platforms, the company offers replacement components, performance upgrades, maintenance items and collision repair parts for a wide range of domestic and import vehicles. Its product catalog includes engine parts, exterior and interior accessories, lighting, braking systems and powertrain components, supported by an extensive inventory and proprietary order management system.

Founded in 1995 by George Chamoun and headquartered in Torrance, California, CarParts.com has grown from a regional auto parts supplier into a national e-commerce platform.