Carparts.Com Inc
NASDAQ:PRTS

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Carparts.Com Inc Logo
Carparts.Com Inc
NASDAQ:PRTS
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Price: 0.52 USD -2.82% Market Closed
Market Cap: 36.2m USD

Carparts.Com Inc
Investor Relations

CarParts.com, Inc. operates as an online provider of aftermarket auto parts and accessories in the United States and the Philippines. The company is headquartered in Torrance, California and currently employs 1,529 full-time employees. The company went IPO on 2007-02-09. The firm principally sells its products, identified as stock keeping units (SKUs), to individual consumers through its flagship Website at www.carparts.com and online marketplaces. The firm has developed a product database that maps its SKUs to product applications based on vehicle makes, models and years to help ensure the right part for each specific vehicle is provided. The Company’s products offering includes Replacement Parts, Hard Parts, and Performance Parts and Accessories. The replacement parts category is primarily comprised of parts for the exterior of an automobile. The hard parts category is comprised of engine and chassis components, as well as other mechanical and electrical parts. The company offers performance versions of many parts sold in each of the above categories, including parts from one of its own house brands, JC Whitney.

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Last Earnings Call
Fiscal Period
Q3 2025
Call Date
Nov 10, 2025
AI Summary
Q3 2025

Strategic Investment: CarParts.com closed a $35.7 million strategic investment from A-Premium, ZongTeng Group, and CDH Investments, bringing new logistics, assortment, and operational capabilities.

Revenue Decline: Q3 revenue was $127.8 million, down 12% year over year, due to a deliberate shift in marketing and customer acquisition strategy prioritizing profitability over volume.

Margin Improvement: Contribution margin rose over 300 basis points from Q1 to Q3, and gross margin improved sequentially despite tariff headwinds and lower revenue.

Profitability Focus: The company further reduced fixed costs by closing a facility, streamlining headcount, and cutting underperforming software, aiming for free cash flow breakeven in 2026.

Tariff Headwinds: Significant tariffs (25% from Taiwan, 55–75% from China) are pressuring margins, but management is mitigating impact with price adjustments, sourcing changes, and operational discipline.

Leadership Change: CFO Ryan Lockwood is leaving for a new opportunity; he will assist during the transition.

Key Financials
Revenue
$127.8 million
Gross Profit
$42.3 million
Gross Margin
33.1%
Net Loss
$11 million
Adjusted EBITDA
-$2.2 million
Cash
$36 million
Inventory
$94 million
Earnings Call Recording
Other Earnings Calls

Management

Mr. David Meniane CPA
CEO & Director
No Bio Available
Mr. Ryan Lockwood C.F.A.
Chief Financial Officer
No Bio Available
Mr. Michael Huffaker
Chief Operating Officer
No Bio Available
Mr. Kals Subramanian
Chief Technology Officer
No Bio Available
Mr. Alfredo Gomez Esq.
General Counsel
No Bio Available
Tina Mirfarsi
Senior Vice President of Global Communications & Culture
No Bio Available
Ms. Christina Thelin
Chief Marketing Officer
No Bio Available
Ms. Stephanie Urbach
Chief Human Resources Officer
No Bio Available

Contacts

Address
CALIFORNIA
Torrance
2050 W. 190Th Street
Contacts
+13107350085.0
www.carparts.com