Motorcar Parts posts $13.4 million Q1 net loss on $168.0 million in sales
Motorcar Parts of America reported fiscal 2027 first quarter results for the period ended June 30, 2026, with net sales of $168.0 million, down from $188.4 million a year earlier, and a net loss of $13.4 million, or $0.71 per share, compared with net income of $3.0 million a year earlier. The company reaffirmed its full-year fiscal 2027 guidance, citing timing of customer orders and a delayed Canadian heavy-duty operations relocation as factors in the quarter.
Key points
- Net sales were $168.0 million versus $188.4 million a year earlier, which the company attributed mainly to the anticipated timing of customer orders.
- Net loss was $13.4 million, or $0.71 per share, compared with net income of $3.0 million, or $0.15 per diluted share, a year earlier.
- Operating income fell to $3.5 million from $20.1 million, and gross margin was 16.2% compared with 18.0%.
- Fiscal 2027 guidance was reaffirmed: net sales of $780 million to $800 million and operating income of $86 million to $91 million, excluding certain non-cash and one-time expenses.
The filing
Written by AI on Nov 9, 2026, 8:29 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 10, 2026.
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