CarParts.com, Inc. filed its third-quarter 2026 earnings release on October 29, 2026, reporting net sales of $129.3 million and a narrowed net loss of $4.1 million for the quarter ended October 3, 2026.

Key Highlights

  • Net sales rose 1.2% to $129.3 million, up from $127.8 million in the year-ago quarter.
  • Net loss narrowed to ($4.1) million, or ($0.53) per share, compared to ($10.9) million, or ($1.87) per share, a year ago.
  • Adjusted EBITDA reached $1.0 million versus ($2.5) million in the prior-year quarter, marking the third consecutive quarter of positive Adjusted EBITDA.
  • A-Premium partnership surpassed its $50 million marker and exited the quarter at an annualized revenue run rate of approximately $55 million.
  • Cash balance was $33.8 million as of October 3, 2026, with no revolver borrowings and inventory of $76.9 million.
  • CarParts+ Rewards loyalty program launched October 13 with more than 200,000 members enrolled since a September soft launch.
  • Mobile app reached 14.5% of eCommerce revenue, up from 12.9% a year ago, with 1.7 million cumulative downloads.

CarParts.com Reports Third Consecutive Quarter of Positive Adjusted EBITDA

According to the filing, CarParts.com (NASDAQ:PRTS) reported net sales of $129.3 million for the third quarter of 2026, a 1.2% increase from $127.8 million in the year-ago quarter. The company attributed the increase primarily to higher consumer demand while maintaining a focus on advertising spend optimization. Gross profit rose to $43.2 million from $42.3 million, with gross margin improving 30 basis points to 33.4%, driven primarily by lower freight costs, the filing stated.

Total operating expenses declined to $47.0 million from $52.3 million in the prior-year quarter. The filing attributed this decrease primarily to distribution center consolidation, advertising spend efficiency gains, and lower payroll costs from headcount reductions. The company reported a net loss of ($4.1) million, or ($0.53) per share, compared to a net loss of ($10.9) million, or ($1.87) per share, in the year-ago period. Adjusted EBITDA was $1.0 million versus ($2.5) million a year ago, which the company described as the third consecutive quarter of positive Adjusted EBITDA and the highest third quarter since Q3 2023.

The filing also noted several operational developments. The last mile delivery network delivered over 6,000 packages in the quarter, roughly double the Q2 volume, with next-day delivery live from three of four distribution centers. The JC Whitney annualized revenue run rate increased to approximately $3 million, up from $2.5 million in Q2. As of October 3, 2026, the company held $25.5 million in convertible notes payable and carried no revolver loan balance. The company also disclosed a new partnership with Klarna to offer buy-now-pay-later financing at checkout. CEO David Meniane and Interim CFO Mark DiSiena hosted a conference call to discuss results on October 29, 2026.

What Was Disclosed

CarParts.com reported its Q3 2026 financial results, disclosing net sales of $129.3 million, a net loss of ($4.1) million, Adjusted EBITDA of $1.0 million, cash of $33.8 million with no revolver debt, and updates on partnerships, loyalty programs, and delivery network expansion.