MOTORCAR PARTS OF AMERICA INC

Listed Company

MPAACIK 0000918251NasdaqAcceleratedMotor Vehicle Parts & AccessoriesNew YorkFY ends Mar 31

Period

FY 2026

Revenue

$789.81M

Net Income

$12.39M

Total Assets

$1.02B

Equity

$266.01M

Shares Out

18.92M

Op. Cash Flow

$19.16M

MPAA$13.99+21.71% · past yearDBEQ Basic

Daily closing prices

Business

Motorcar Parts of America is a leading supplier of automotive aftermarket non-discretionary replacement parts, test solutions, and diagnostic equipment. The company's products include light-duty and heavy-duty rotating electrical products (alternators, starters), brake-related components, and test & diagnostic equipment for combustion and electric vehicles. The company operates through three segments—Hard Parts, Test Solutions and Diagnostic Equipment, and Heavy Duty—serving both DIY and professional installer (DIFM) markets across North America via major retail chains, warehouse distributors, and direct sales to OEMs and the aerospace sector.

Summary from 10-K filed 2026-06-08

Financials

Consolidated Statement of Income

Year Ended · In millions, except per-share amounts

Concept	FY 2026 2026-03-31	FY 2025 2025-03-31	FY 2024 2024-03-31	FY 2023 2023-03-31	FY 2022 2022-03-31
Net sales	790	757	718	683	650
Cost of goods sold	630	604	585	569	532
Gross profit	160	154	133	114	118
General and administrative	63	64	58	55	57
Sales and marketing	25	23	22	22	23
Research and development	14	11	10	10	11
Foreign exchange impact of lease liabilities and forward contracts	−9	16	−4	−9	−2
Total operating expenses	94	114	86	78	89
Operating income	66	40	46	36	29
Interest expense, net	47	56	60	40	16
Change in fair value of compound net derivative liability	−1	60,000	−1	0	0
Loss on extinguishment of debt	0	0	168,000	0	0
Total other expenses	46	56	59	40	16
Income (loss) before income tax expense	20	−16	−13	−3	13
Income tax expense	8	4	36	1	6
Net income (loss)	12	−19	−49	−4	7
Basic net income (loss) per share (in Dollars per share)	0.64	−0.99	−2.51	−0.22	0.38
Diluted net income (loss) per share (in Dollars per share)	0.62	−0.99	−2.51	−0.22	0.38
Basic (in Shares)	19	20	20	19	19
Diluted (in Shares)	20	20	20	19	20

Consolidated Balance Sheet

As of · In millions, except per-share amounts

Concept	FY 2026 2026-03-31	FY 2025 2025-03-31	FY 2024 2024-03-31	FY 2023 2023-03-31	FY 2022 2022-03-31
Cash and cash equivalents	15	9	14	12	23
Short-term investments	2	2	2	2	2
Accounts receivable net	113	91	96	120	85
Inventory net	381	341	377	340	371
Inventory unreturned	16	18	20	17	15
Contract assets	35	30	27	25	28
Income tax receivable	5	4	6	2	301,000
Prepaid expenses and other current assets	18	16	18	20	13
Total current assets	584	511	560	537	537
Plant and equipment net	31	32	38	46	51
Operating lease assets	63	67	84	88	82
Deferred income taxes	4	5	3	33	27
Long-term contract assets	331	336	320	318	310
Goodwill	3	3	3	3	3
Intangible assets net	235,000	552,000	1	2	4
Other assets	3	3	2	1	1
TOTAL ASSETS	1,019	958	1,012	1,029	1,016
Accounts payable	167	142	155	119	147
Accrued liabilities	33	30	30	22	21
Customer finished goods returns accrual	30	34	38	38	38
Contract liabilities	61	38	38	40	42
Revolving loan	95	91	128	145	155
Other current liabilities	4	6	7	5	12
Operating lease liabilities	9	10	8	9	7
Total current liabilities	400	351	404	383	426
Convertible notes, related party	39	35	31	31	0
Contract liabilities, less current portion	249	241	212	194	173
Deferred income taxes	425,000	362,000	511,000	718,000	126,000
Operating lease liabilities, less current portion	57	65	72	79	81
Other liabilities	8	7	7	12	7
Total liabilities	753	700	727	708	700
Commitments and contingencies	—	—	—	—	—
Common stock; par value $.01 per share, 50,000,000 shares authorized; 18,924,818 and 19,435,706 shares issued and outstanding at March 31, 2026 and 2025, respectively	189,000	194,000	197,000	195,000	191,000
Additional paid-in capital	227	234	236	232	227
Retained earnings	32	20	40	89	93
Accumulated other comprehensive income	7	3	9	−303,000	−5
Total shareholders equity	266	258	285	320	315
TOTAL LIABILITIES AND SHAREHOLDERS EQUITY	1,019	958	1,012	1,029	1,016

Consolidated Statement of Cash Flows

Year Ended · In millions, except per-share amounts

Concept	FY 2026 2026-03-31	FY 2025 2025-03-31	FY 2024 2024-03-31	FY 2023 2023-03-31	FY 2022 2022-03-31
Depreciation and amortization	9	10	11	11	11
Amortization of intangible assets	335,000	477,000	1	1	2
Amortization of debt issuance costs	2	2	2	663,000	623,000
Amortization of interest on contract liabilities, net	749,000	749,000	933,000	940,000	—
Accrued interest on convertible notes, related party	4	4	3	9,000	0
Amortization of core premiums paid to customers	11	10	10	11	11
Amortization of finished goods premiums paid to customers	1	912,000	782,000	678,000	718,000
Non-cash lease expense	10	10	10	8	7
Foreign currency remeasurement	−949,000	2	65,000	1	48,000
Gain on short-term investments	−252,000	−105,000	−347,000	181,000	−163,000
Net provision for inventory reserves	10	15	16	19	14
Net provision for customer payment discrepancies	570,000	2	1	2	2
Net provision for (recovery of) doubtful accounts	94,000	42,000	−133,000	108,000	95,000
Deferred income taxes	548,000	−2	30	−5	−7
Share-based compensation expense	6	4	5	5	7
Loss on disposal of plant and equipment	43,000	5,000	9,000	17,000	36,000
Accounts receivable	−22	2	23	−37	−24
Inventory	−49	20	−54	10	−96
Inventory unreturned	2	2	−4	−2	−437,000
Income tax receivable	−974,000	1	−4	−2	111,000
Prepaid expenses and other current assets	−1	−2	3	−3	−682,000
Other assets	327,000	−2	−601,000	435,000	122,000
Accounts payable and accrued liabilities	27	−13	47	−24	17
Customer finished goods returns accrual	−5	−4	222,000	−201,000	7
Contract assets, net	−11	−30	−14	−18	−52
Contract liabilities, net	30	29	15	18	48
Operating lease liabilities	−10	−9	−9	−7	−5
Other liabilities	1	−4	−1	−881,000	7
Net cash provided by operating activities	19	45	39	−22	−45
Purchase of plant and equipment	−4	−5	−1	−4	−8
Proceeds from sales of plant and equipment	0	49,000	0	0	0
Redemptions of short term investments	106,000	60,000	521,000	10,000	−388,000
Net cash used in investing activities	−4	−4	−479,000	−4	−8
Borrowings under revolving loan	731	541	82	65	107
Repayments under revolving loan	−727	−579	−99	−75	−36
Repayments of term loan	0	0	−13	−4	−4
Payments for debt issuance costs	0	−15,000	−4	−2	−1
Payments on finance lease obligations	−2	−2	−2	−2	−3
Exercise of stock options	101,000	0	0	940,000	499,000
Cash used to net share settle equity awards	−2	−890,000	−279,000	−969,000	−2
Repurchase of common stock, including fees	−11	−5	0	0	−2
Net cash used in financing activities	−11	−45	−36	14	60
Effect of exchange rate changes on cash and cash equivalents	633,000	−898,000	124,000	217,000	78,000
Net increase (decrease) in cash and cash equivalents	5	−5	2	−11	7
Cash paid for interest, net	40	49	54	38	14
Cash paid for income taxes, net of refunds	8	6	10	14	7
Cash paid for operating leases	14	13	13	12	10
Cash paid for finance leases	2	2	2	3	3
Plant and equipment acquired under finance lease	3	1	745,000	1	836,000
Assets acquired under operating leases	550,000	4	2	8	16
Non-cash capital expenditures	477,000	80,000	16,000	6,000	661,000

Filings

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Frequently asked questions

What is MOTORCAR PARTS OF AMERICA INC's CIK number?

MOTORCAR PARTS OF AMERICA INC's SEC CIK number is 0000918251 (918251). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.

Where can I find MOTORCAR PARTS OF AMERICA INC's SEC filings?

All of MOTORCAR PARTS OF AMERICA INC's EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.

When did MOTORCAR PARTS OF AMERICA INC last report earnings?

MOTORCAR PARTS OF AMERICA INC (MPAA) most recently filed an earnings 8-K with the SEC on Jun 8, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0001140361-26-024365). This is MOTORCAR PARTS OF AMERICA INC's most recent earnings filing of record — not a forecast of its next earnings date.

What is MOTORCAR PARTS OF AMERICA INC's most recent earnings 8-K?

MOTORCAR PARTS OF AMERICA INC's latest earnings 8-K (Item 2.02) was filed Jun 8, 2026 under accession 0001140361-26-024365. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.

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