| Metric | Value ($ M) | Q1 FY26 | Q2 FY25 |
|---|---|---|---|
| Revenue | 501.60 | 11.2% | 1.6% |
| Total Income | 501.60 | 11.2% | 1.6% |
| Expenditure | 450.76 | 8.1% | 0.1% |
| PBT | 44.08 | 74.2% | 21.0% |
| Net Profit | 30.37 | 77.2% | 20.3% |
| OPM | 10.14% | 2.58pp | 1.46pp |
| NPM | 6.05% | 2.26pp | 0.94pp |
| EPS | 1.36 | 76.6% | 18.3% |
Standard Motor Products, Inc. Reports Second Quarter 2026 Results
04 Aug 2026 · 4 Aug, 7:07 pm
Summary
Standard Motor Products, Inc. reported strong second quarter 2026 results, with adjusted net sales up 6.7% to $526.7 million and non-GAAP diluted earnings per share increasing by 8.6% to $1.40. The company saw significant improvements in operating cash flow and a reduction in net debt leverage to 2.5x. Management reaffirmed full-year guidance, anticipating low to mid-single digit sales growth and an adjusted EBITDA margin between 11% and 12%. The results were driven by solid performance across several operating segments, including Temperature Control, Nissens, and Engineered Solutions.
Key Highlights
- 1
Second quarter net sales were $501.6 million, with adjusted net sales reaching $526.7 million, an increase of 6.7% compared to the prior year.
- 2
Second quarter diluted earnings per share were $1.39, with non-GAAP diluted earnings per share at $1.40, an increase of 8.6% year-over-year.
- 3
Year-to-date 2026 operating cash flow improved by $64.2 million, and net debt leverage declined to 2.5x.
- 4
The company is reaffirming its full-year 2026 guidance, expecting low to mid-single digit sales growth and an adjusted EBITDA margin of 11% - 12%.
- 5
Adjusted EBITDA for the second quarter increased to $63.5 million, up from $59.1 million in the prior year.
- 6
Consolidated net sales for the six months ended June 30, 2026, were $952.8 million, an increase from $907.2 million in the comparable period of 2025.
Management Comments
Eric Sills
Overall we were pleased with our second quarter. Adjusted net sales for the quarter, excluding the impact of accounting treatment for tariff refunds received in the quarter, increased 6.7% with three of our four operating segments showing strong gains, while adjusted EBITDA increased to a record-setting $63.5 million. As we head into the second half of the year, we are encouraged by the performance across all our segments. The resiliency of the aftermarket in both North America and Europe remains intact, evidenced by strong demand for our non-discretionary products, and we are pleased with the ongoing momentum in our Engineered Solutions business. I would like to thank our employees for their hard work and commitment to our continued success.
Informational and educational content only. Not investment advice.