Quarterly ResultJun 8, 2026, 08:01 AM
Motorcar Parts of America Q4 Net Income $9.7M vs Loss; FY27 Sales $780M-$800M
AI Summary
Motorcar Parts of America, Inc. reported strong financial results for its fiscal 2026 fourth quarter and full year ended March 31, 2026. The company saw significant year-over-year increases in net sales, gross profit, and net income for the quarter, with net sales reaching $212.3 million and net income at $9.7 million. For the full fiscal year, net sales grew to $789.8 million, and the company moved from a net loss to a net income of $12.4 million. The company also provided a positive outlook for fiscal year 2027, projecting sales growth and improved operating income, driven by new business commitments and expected operating efficiencies.
Key Highlights
- Motorcar Parts of America reported Q4 FY2026 net sales of $212.3M, up 9.9% YoY.
- Q4 FY2026 gross profit increased 30.9% to $50.4M, with gross margin rising to 23.7% from 19.9%.
- Q4 FY2026 operating income was $21.1M, a 29.4% increase from the prior year.
- Net income for Q4 FY2026 was $9.7M ($0.42/share), compared to a net loss of $722K in the prior year.
- Full fiscal year 2026 net sales were $789.8M, up 4.3% YoY.
- Full fiscal year 2026 net income was $12.4M ($0.62/share), a significant improvement from a net loss of $19.5M in FY2025.
- Company repurchased 286,136 shares for $3.0M in Q4 FY2026.
- FY2027 guidance projects net sales between $780M-$800M and operating income of $86M-$91M.
Price Impact
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