Motorcar Parts of America Inc

motorcarparts.com

What Do They Do?

Sells automotive replacement parts, including rotating electrical and brake-related products, and test and diagnostic equipment to aftermarket retailers and distributors, professional installers, and automotive and aerospace companies.

How Do They Make Money?

Customers buy replacement parts and test equipment; sales are counted when products ship or are delivered, depending on contract terms. Remanufactured-part invoices can include a core charge, with some core value tied to whether customers return used cores or pay cash instead.

revenue

Segment	Share	Revenue	How money arrives
Hard Parts Sold outright	94% FY2023: 94%		Sold outright
All Other Sold outright	6.2% FY2023: 6.5%		Sold outright

Who Are Their Customers?

Automotive chains and warehouse distributors buy replacement parts for DIY and professional repair markets; warranty-program, installer and fleet customers also buy parts. Automotive and aerospace companies buy test equipment through direct and indirect sales, conferences and trade shows.

Customers above 10% of revenue, FY2026

of revenue from one customer

FY2024: 35% from one customer

Do Revenues Turn Into Profits?

Yes. It kept 2 cents of every revenue dollar as net income in FY2026 and turned 2 cents into free cash flow.

Operating income, FY2026

8% of revenue

▲ +65% vs FY2025 ($39.9M, 5%)

Net income, FY2026

2% of revenue

▲ Now profitable vs FY2025 (−$19.5M, −3%)

Free cash flow, FY2026

2% of revenue

▼ −62% vs FY2025 ($40.9M, 5%)

How Are They Changing?

Since the FY2026 annual report

Latest quarter: Q1 FY2027, the three months to Jun 30, 2026

Revenue: ▼ −11%; vs $188.4M in Q1 FY2026
Net income: ▼ Now a loss; vs $3M in Q1 FY2026

Hard Parts share of revenue vs 93.0% in Q1 FY2026

Aug 10, 2026 Reaffirmed full-year sales and operating income guidance Fiscal 2027 net sales guidance remains $780 million to $800 million, and operating income guidance remains $86 million to $91 million, excluding certain non-cash and one-time expenses.

Growing. Revenue grew 21% in 4 years, from $650.3M in FY2022 to $789.8M in FY2026, about 5% a year.

Revenue over time

Hard Parts All Other Hard Parts Segment

$1B$500M$0

FY2022 FY2023 FY2024 FY2025 FY2026

Who Do They Compete With?

Competes with Terrepower, DRiV, Burke Porter, and Langdi Measurement Control

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