Quarterly ResultAug 4, 2026, 09:37 AM
Standard Motor Products Q2 Net Sales $501.6M; Diluted EPS $1.39
AI Summary
Standard Motor Products, Inc. announced its second quarter 2026 financial results, reporting consolidated net sales of $501.6 million and adjusted net sales of $526.7 million, a 6.7% increase year-over-year. Diluted earnings per share rose to $1.39, with non-GAAP diluted EPS up 8.6% to $1.40. The company also highlighted a $64.2 million improvement in year-to-date operating cash flow and a reduction in net debt leverage to 2.5x. Full-year guidance for sales growth and adjusted EBITDA margin was reaffirmed, and a quarterly dividend of $0.33 per share was declared.
Key Highlights
- Second quarter 2026 net sales were $501.6 million, up from $493.9 million in Q2 2025.
- Second quarter 2026 adjusted net sales increased 6.7% to $526.7 million.
- Second quarter 2026 diluted earnings per share were $1.39, up from $1.17 in Q2 2025.
- Second quarter 2026 non-GAAP diluted earnings per share were $1.40, an 8.6% increase.
- Year-to-date 2026 operating cash flow improved by $64.2 million.
- Net debt leverage declined to 2.5x from 3.0x in the first quarter of 2026.
- Full-year guidance for low to mid-single digit sales growth and 11%-12% adjusted EBITDA margin was reaffirmed.
- A quarterly dividend of $0.33 per share was approved.
Price Impact
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