CarParts.com, Inc.

Listed Company

PRTSCIK 0001378950NasdaqNon-AcceleratedSmaller ReportingRetail-Auto & Home Supply StoresDelawareFY ends Jan 2

Period

FY 2025

Revenue

$547.52M

Net Income

$-50.44M

Total Assets

$184.86M

Equity

$53.48M

Shares Out

70.48M

Op. Cash Flow

$-34.08M

Business

CarParts.com, Inc. is a technology-driven eCommerce company selling aftermarket automotive parts and providing repair and maintenance resources. It offers over one million SKUs—replacement, hard and accessory parts—featuring house brands and a product database that ensures correct vehicle fit via its website and mobile app. Key segments include online retail, wholesale distribution to auto parts distributors, and fulfillment via stock-and-ship and drop-ship methods supported by proprietary systems like Auto-Vend™. It sells primarily to consumers through its website, app and online marketplaces and also markets to nationwide wholesale distributors, sourcing globally with offshore support in the Philippines.

Summary from filing dated 2025-03-26

Financials

Consolidated Statement of Income

Year Ended · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31
Net sales	548	589	676	—	—
Cost of sales	368	392	446	431	385
Gross profit	179	197	229	231	197
Operating expense	228	237	239	230	206
Loss from operations	−49	−41	−10	651,000	−9
Other income, net	493,000	1	3	467,000	238,000
Interest expense	−2	−1	−1	—	—
Total other (expense) income, net	−1	301,000	2	−970,000	−877,000
Loss before income taxes	−50	−40	−8	−319,000	−10
Income tax provision	362,000	267,000	145,000	632,000	351,000
Net loss	−50	−41	−8	—	—
Foreign currency adjustments	—	87,000	—	127,000	93,000
Actuarial gain on defined benefit plan	168,000	185,000	−305,000	872,000	307,000
Total other comprehensive gain	168,000	272,000	−343,000	852,000	489,000
Comprehensive loss	−50	−40	−9	−99,000	−10
Basic net loss per share (in dollars per share)	−0.82	−0.71	−0.15	−0.02	−0.2
Diluted net loss per share (in dollars per share)	−0.82	−0.71	−0.15	−0.02	−0.2
Shares used in computation of basic net loss per share (in shares)	61	57	57	54	51
Shares used in computation of diluted net (loss) income per share (in shares)	61	57	57	54	51

Consolidated Balance Sheet

As of · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2024 2024-01-31	FY 2023 2023-12-31	FY 2022 2022-12-31
Cash and cash equivalents	26	36	—	51	19
Accounts receivable, net	7	6	—	7	6
Inventory, net	95	90	—	129	136
Other current assets	7	6	—	6	7
Total current assets	135	139	—	193	168
Property and equipment, net	20	32	—	26	24
Right-of-use - assets - operating leases, net	19	27	13	20	24
Right-of-use - assets - finance leases, net	7	11	—	15	20
Other non-current assets	4	2	—	3	3
Total assets	185	211	—	258	238
Accounts payable	45	60	—	78	58
Accrued expenses	25	16	—	21	16
Right-of-use - obligation - operating, current	5	6	839,000	5	5
Right-of-use - obligation - finance, current	3	3	—	4	5
Other current liabilities	4	5	—	5	5
Total current liabilities	81	90	—	113	88
Convertible notes payable	25	—	—	—	—
Right-of-use - obligation - operating, non-current	16	23	12	17	21
Right-of-use - obligation - finance, non-current	6	9	—	12	16
Other non-current liabilities	3	3	—	3	3
Total liabilities	131	125	—	145	128
Commitments and contingencies (Note 6)	—	—	—	—	—
Common stock, $0.001 par value; 100,000 shares authorized; 70,048 and 57,454 shares issued and outstanding as of January 3, 2026 and December 28, 2024 (of which 3,786 are treasury stock)	65,000	61,000	—	60,000	57,000
Treasury stock	−12	−12	—	−12	−8
Additional paid-in capital	344	326	—	313	297
Accumulated other comprehensive income	1	1	—	783,000	1
Accumulated deficit	−280	−230	—	−189	−181
Total stockholders' equity	53	85	—	113	110
Total liabilities and stockholders' equity	185	211	—	258	238

Consolidated Statement of Cash Flows

Year Ended · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31
Net loss	−50	−41	−8	−951,000	−10
Depreciation and amortization expense	21	19	17	14	10
Amortization of intangible assets	50,000	121,000	36,000	108,000	110,000
Impairment of long-lived assets	4	0	—	—	—
Noncash interest expense	161,000	—	—	—	—
Share-based compensation expense	8	12	12	11	16
Stock awards issued for non-employee director service	55,000	43,000	23,000	22,000	23,000
Stock awards related to officers and directors stock purchase plan from payroll deferral	—	10,000	—	26,000	—
Gain from disposition of assets	—	−70,000	−78,000	−41,000	52,000
Amortization of deferred financing costs	206,000	65,000	65,000	53,000	18,000
Loss on early lease termination	393,000	—	—	—	—
Accounts receivable	−964,000	1	−1	−1	1
Inventory	−5	39	7	3	−50
Other current assets	−989,000	102,000	549,000	−141,000	1
Other non-current assets	−2	1	−248,000	−636,000	551,000
Accounts payable and accrued expenses	−8	−21	24	−10	22
Other current liabilities	−603,000	−615,000	686,000	−129,000	374,000
Right-of-use obligation - operating leases - current	−407,000	2	631,000	402,000	2
Right-of-use obligation - operating leases - long-term	178,000	−1	−714,000	−200,000	−836,000
Other non-current liabilities	362,000	145,000	−367,000	180,000	239,000
Net cash (used in) provided by operating activities	−34	10	50	15	−7
Additions to property and equipment	−8	−21	−12	−13	−12
Payments for intangible assets	—	−76,000	−108,000	—	—
Proceeds from sale of property and equipment	64,000	92,000	86,000	68,000	27,000
Net cash used in investing activities	−8	−21	−12	−13	−12
Borrowings from revolving loan payable	21	229,000	244,000	10	131,000
Payments made on revolving loan payable	−21	−229,000	−244,000	−10	−131,000
Proceeds from convertible notes payable	25	—	—	—	—
Payments on finance leases	−3	−4	−5	−4	−2
Net proceeds from issuance of common stock for ESPP	173,000	359,000	483,000	795,000	—
Proceeds from issuance of common stock	11	—	—	—	—
Payment of issuance costs - common stock	−383,000	—	—	—	−68,000
Statutory tax withholding payment for share-based compensation	−682,000	−470,000	—	—	−3,000
Net cash provided by (used in) financing activities	31	−4	−6	−2	902,000
Effect of exchange rate changes on cash	—	87,000	—	−75,000	−21,000
Net change in cash and cash equivalents	−11	−15	32	623,000	−18
Right-of-use operating asset acquired	—	13	—	—	15
Accrued asset purchases	404,000	502,000	1	624,000	2
Share-based compensation expense capitalized in property and equipment	835,000	746,000	804,000	1	2
Accrued issuance costs - purchase agreement	550,000	—	—	81,000	778,000
Cash (received) paid during the period for income taxes	−93,000	178,000	210,000	649,000	88,000
Cash paid during the period for interest	1	1	1	1	1
Cash received during the period for interest	885,000	1	2	16,000	26,000

Filings

Filing historySign up free to browse every 10-K, 10-Q, 8-K, and proxy this filer has submitted to the SEC.Sign up free · Upgrade to Pro

Material Events

Material EventsTrack every 8-K filing and material event — AI-summarized, timelined, and alertable.Sign up free · Upgrade to Pro

Insiders

Insider ActivitySee executive buy/sell windows and insider trade activity over rolling 30/90/365-day windows.Sign up free · Upgrade to Pro

Institutional Holders

Institutional HoldersSee which funds hold this stock and track position changes quarter over quarter.Sign up free · Upgrade to Pro