PRTS News & Events

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."

CarParts.com's (PRTS) proprietary brand Evan Fischer will now be offered exclusively on eBay (EBAY) as the only third-party marketplace where the brand is available. Through this expanded collaboration, DIYers, professional mechanics, and automotive enthusiasts will now have access to Evan Fischer's replacement parts through eBay's reach.

CarParts.com files to sell 32.46M shares of common stock for holders

Reports Q3 revenue $127.8M vs. $144.8M last year. "Earlier this year, we began exploring strategic alternatives to maximize shareholder value. That process has now concluded, and I'm pleased to announce that in early September, CarParts.com closed on a $35.7M strategic investment from A-Premium, ZongTeng Group, and CDH Investments. ZongTeng provides a global logistics network with over 24 million sq. ft. of fulfillment space, giving us access to 50+ U.S. facilities...A-Premium expands our product range by adding 100,000+ new SKUs and boosting mechanical parts coverage with minimal capital. The partnership is already generating about $20M annually and could grow to over $100M as integration progresses. CDH, managing $20B across 350+ investments and 100+ IPOs, contributes not just funding but strategic, operational, and governance expertise that strengthens our ability to scale and pursue growth...Every part of the business is moving in the same direction, and the results we're seeing each quarter reinforce that the model is working. We're confident that this approach, supported by the foundation we've built and the partnerships established through the strategic review, positions CarParts.com for long-term profitability. We expect to be free cash flow positive in 2026," said David Meniane, CEO.