CarParts.com Reports Third Quarter 2026 Financial Results

CarParts.com, Inc. reported its financial results for the third quarter ended October 3, 2026, highlighting a modest increase in net sales alongside continued positive Adjusted EBITDA. Readers can verify these announcements directly through the company's official investor relations web portal and public regulatory filings.

Third Quarter Financial Highlights

• Net Sales: Increased by 1.2% year-over-year to $129.3 million, compared to $127.8 million in the corresponding period of the previous year.
• Gross Profit: Reached $43.2 million, up from $42.3 million, with gross margin rising by 30 basis points to 33.4% largely due to lower freight costs.
• Net Loss: Reported at $(4.1) million, or $(0.53) per share, showing an improvement from the net loss of $(10.9) million, or $(1.87) per share, recorded in the prior-year quarter.
• Adjusted EBITDA: Stood at $1.0 million, marking the third consecutive quarter of positive Adjusted EBITDA, compared to $(2.5) million in the year-ago period.
• Balance Sheet: Ended the quarter with $33.8 million in cash, $25.5 million in convertible notes payable, and no revolver loan balance.

Operational Updates and Partnerships

• A-Premium Partnership: Surpassed the $50 million marker, exiting the quarter at an annualized revenue run rate of approximately $55 million.
• JC Whitney: Annualized revenue run rate increased to approximately $3 million, up from $2.5 million in the second quarter.
• Last-Mile Network: Delivered over 6,000 packages during the quarter, roughly doubling the volume of the previous quarter, with next-day delivery operational from three out of four distribution centers.
• Mobile and Rewards: Mobile app engagement reached 14.5% of total eCommerce revenue with 1.7 million cumulative downloads. The company launched its first points-based loyalty program, CarParts+ Rewards, which enrolled over 200,000 members following a September soft launch.
• Financing: Partnered with Klarna to introduce buy-now-pay-later financing options at checkout.

CEO David Meniane and Interim CFO Mark DiSiena scheduled a conference call to discuss these results with investors and analysts. The company cautions that forward-looking statements involve risks and uncertainties, and actual outcomes may differ materially based on market conditions and operational factors.