Mar. 6 at 2:06 AM
$PRTS CarParts.com reports Q4 EPS (17c) vs. (27c) last year
Reports Q4 revenue
$120.4M vs.
$133.54M last year. CEO David Meniane commented: "In 2025, we closed a
$35.7M strategic investment, completed a full cost structure reset, and built an operating model delivering results every quarter. Our A-Premium partnership is at a
$35 million annual revenue run rate - with a clear path to
$50M near-term and eventually exceeding
$100M at attractive contribution margins - without requiring us to carry the inventory or working capital. The evidence is in the results. Q4, historically our weakest quarter, was stronger than Q3 - marking four consecutive quarters of improvement in contribution margin, fixed operating expenses, and adjusted EBITDA. In Q4, adjusted EBITDA improved nearly
$5M year over year and gross margin expanded 70 basis points to 33.2%. Marketing efficiency improved close to 300 basis points between Q1 and Q4...the company today is leaner, more focused, and built for our current revenue scale. Our path to free cash flow is not dependent on a demand rebound. It's driven by higher contribution margins, a materially lower fixed cost base, and improving capital efficiency through our partnerships. This is an execution story, not a turnaround narrative."
