CarParts.com, Inc. (PRTS) Earnings Call Transcripts
CarParts.com, Inc.'s Latest Earnings Call - Q1 FY2026
In Q1 2026, CarParts.com, Inc. reported a significant turnaround, achieving its first positive adjusted EBITDA of $585,000, a swing of nearly $7 million year-over-year. Revenue declined to $132 million, down 10% from the previous year, primarily due to optimized advertising spend and weather-related volume softness. Management maintained a focus on profitability and cash generation, indicating a deliberate shift in strategy that could drive future growth, particularly with the A premium partnership approaching a $45 million annualized revenue run rate.
Reported metrics
| Metric | Value |
|---|---|
| Revenue | $132 million (miss) |
| Adjusted EBITDA | $585,000 (beat) |
| Gross Profit | $42.9 million (miss) |
| Gross Margin | 32.5% (beat) |
| Operating Expenses | $46 million (beat) |
| Cash Position | $38 million (positive) |
Guidance from management
Management aims for continued growth in contribution margin dollars and expects to achieve free cash flow positive status in 2026, emphasizing the importance of execution on their strategic initiatives.
What analysts pressed on
Analysts expressed concerns regarding the 10% revenue decline and the impact of external factors like rising oil prices and adverse weather on sales. There is also apprehension about sustaining the positive EBITDA trend amidst these challenges.
Main topics on the call
- Positive Adjusted EBITDA Milestone — The company achieved positive adjusted EBITDA of $585,000, marking its first positive result since Q1 2024. Management stated, "This is the result of deliberate action across every line in the P&L," highlighting a signif...
- Revenue Decline — Q1 2026 revenue was $132 million, down 10% year-over-year. This decrease was attributed to a strategic optimization of advertising spend and adverse weather conditions impacting order volume.
- A Premium Partnership Growth — The A premium partnership's annualized revenue run rate has increased to nearly $45 million, up from $35 million at year-end 2025. Management expressed confidence in reaching $50 million soon and potentially exceeding $1...
- Cost Reduction Initiatives — Operating expenses were reduced by approximately $16.5 million, or 26%, year-over-year, primarily due to lower advertising spend and improved warehouse efficiency. This was a key factor in achieving positive adjusted EBI...
Read the full CarParts.com, Inc. transcript (Q1 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.
About CarParts.com, Inc.
CarParts.com, Inc. (PRTS) is a publicly listed company in the Specialty Retail industry, within the Consumer Discretionary sector. It trades on NasdaqCM and is based in US. EarningsCalls.dev maintains a free, full-text archive of its earnings call transcripts — 27 calls on record spanning March 9, 2020 to August 6, 2026. Every transcript is split into speaker-by-speaker segments with headline metrics, free to read or available through our REST API.
Earnings Call History
EarningsCalls.dev has 27 CarParts.com, Inc. earnings call transcripts on record, spanning March 9, 2020 to August 6, 2026. Based on this history, CarParts.com, Inc. reports quarterly. The most recent call on file is dated August 6, 2026. The full list is below — each row opens the complete, free-to-read transcript.
- Ticker
- PRTS
- Exchange
- NasdaqCM
- Country
- US
- Sector
- Consumer Discretionary
- Industry
- Specialty Retail
- Calls on record
- 27
- First call
- March 9, 2020
- Most recent
- August 6, 2026
- Reporting cadence
- quarterly