CarParts.com, Inc., also known by its Nasdaq ticker (PRTS), is a leading online retailer of automotive parts and accessories in the United States. This e-commerce company is dedicated to making it easier for drivers to find the right parts for their vehicles at an affordable price. With a vast range of auto parts inventory that spans over 25 years of vehicle makes and models, CarParts.com enables its customers to have access to everything they need for their car repairs, maintenance, and enhancement needs, regardless of the type and age of their vehicle.
CarParts.com, which was launched in 1999, has grown exponentially over the years. Today, the online retailer serves millions of customers across the United States, selling products through its website, www.carparts.com. As one of the industry leaders, CarParts.com is known for its dedication to providing superior customer service and high-quality automotive parts/ accessories. All the products offered are carefully handpicked and tested for quality, ensuring that customers receive the best-in-market products.
The company's commitment to making shopping for car parts easy and accessible sets it apart from other retailers in the industry. CarParts.com has developed a streamlined, user-friendly website with intuitive search functionality that allows customers to quickly and easily find the exact part they need. In addition, the company's team of automotive parts experts is available to answer questions and provide assistance, further enhancing the customer shopping experience.
Moreover, CarParts.com strongly believes in the value of expert information. Therefore, it provides a variety of resources to help customers make informed purchases, including buying guides, how-to's, and other informative articles on its website.
Another key aspect that speaks to CarParts.com's success is its competitive pricing. The company guards its customers' wallets by offering quality parts at lower prices than traditional brick-and-mortar auto parts stores. To ensure that it always provides the best value, CarParts.com purchases its products directly from manufacturers, eliminating middlemen, which allows it to pass the savings onto the customers.
CarParts.com’s position as a leading online auto parts retailer is grounded in its commitment to meet the differing needs of its customers, backed by a comprehensive selection of quality car parts, exceptional customer service, a user-friendly website, and competitive pricing. This dedication drives CarParts.com's mission, making it a trusted destination for auto parts shoppers. Whether it's for a simple repair, maintenance check, or a complete car makeover, CarParts.com, Inc. continues to deliver on its promise of a hassle-free and cost-effective car parts shopping experience.
Income statement
Balance sheet statement
Cash flow statement
Current assets / Current liabilities
Equity / Debt / Cash
Dividends
CarParts.com reported its third consecutive quarter of positive adjusted EBITDA in Q3 2026, reaching $1 million on net sales of $129.3 million, a 1.2% increase year-over-year. The company highlighted strategic initiatives such as the CarParts Plus Rewards loyalty program, a partnership with Klarna for buy now, pay later options, and significant progress in its drop-ship business and last-mile delivery network. Management remains focused on expanding its assortment, enhancing customer loyalty, and optimizing its physical and digital infrastructure for future growth and shareholder value creation.
CarParts.com (PRTS) is expected to report its Q3 2026 earnings on Thursday, October 29th, with analysts forecasting a loss of $0.835 per share and revenue of $124.04 million. The company beat consensus estimates in its last quarter. Despite a "Reduce" consensus rating and a $6.00 price target, insiders have recently purchased over 219,000 shares worth approximately $2.0 million.
CarParts.com has launched CarParts+ Rewards, its first points-based loyalty program, offering a two-tier membership. Customers can join the free CarParts+ tier to earn points on every purchase, or upgrade to CarParts+ Gold for $79/year to receive triple points, 24/7 roadside assistance, free shipping on over a million parts, extended returns, and VIP support. The program has already enrolled over 118,000 members and issued more than 15 million points since its soft launch.
CarParts.com reported its highest adjusted EBITDA since Q3 2023, achieving $1.8 million, a significant improvement from the previous year. The company's strategy focuses on profitability over revenue growth, leading to a decline in net sales but strengthening its financial position through initiatives like the dropship model and expanding J.C. Whitney offerings. CarParts.com is committed to becoming free cash flow positive by 2026, leveraging AI and its dual-layer business model for enhanced efficiency and customer engagement.