Carparts Com Inc Financials

PRTS

Source SEC Filings (10-K/10-Q) Updated Sep 27, 2025 Currency USD FYE December

Financial Health Signals

Financial Profile 20/100

Based on FY2024 annual data. Scores normalized against common benchmarks. How we calculate these scores

Profitability

Carparts Com Inc has an operating margin of -6.9%, meaning the company retains $-7 of operating profit per $100 of revenue. This below-average margin results in a low score of 0/100, suggesting thin profitability after operating expenses. This is down from -1.5% the prior year.

Growth

Carparts Com Inc's revenue declined 12.9% year-over-year, from $675.7M to $588.8M. This contraction results in a growth score of 0/100.

Leverage

Carparts Com Inc has a moderate D/E ratio of 1.47. This balance of debt and equity financing earns a leverage score of 57/100.

Liquidity

Carparts Com Inc's current ratio of 1.54 indicates adequate short-term liquidity, earning a score of 41/100. The company can meet its near-term obligations, though with limited headroom.

Cash Flow

While Carparts Com Inc generated $10.3M in operating cash flow, capex of $20.6M consumed most of it, leaving -$10.2M in free cash flow. This results in a low score of 0/100, reflecting heavy capital investment rather than weak cash generation.

Piotroski F-Score Weak

3/9

Carparts Com Inc passes 3 of 9 financial strength tests. 2 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), 1 of 2 efficiency signals pass.

Earnings Quality Mixed

-0.25x

For every $1 of reported earnings, Carparts Com Inc generates $-0.25 in operating cash flow ($10.3M OCF vs -$40.6M net income). This mixed ratio suggests some earnings may rely on non-cash accounting items.

Interest Coverage At Risk

-34.9x

Carparts Com Inc earns $-34.9 in operating income for every $1 of interest expense (-$40.6M vs $1.2M). This narrow margin raises concern about the company's ability to service its debt if operating income declines.

This page shows Carparts Com Inc (PRTS) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 13 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

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Key Financial Metrics

Revenue

$588.8M

YoY-12.9%

5Y CAGR+15.3%

10Y CAGR+6.8%

Carparts Com Inc generated $588.8M in revenue in fiscal year 2024. This represents a decrease of 12.9% from the prior year.

EBITDA

-$17.2M

YoY-244.9%

Carparts Com Inc's EBITDA was -$17.2M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 244.9% from the prior year.

Free Cash Flow

-$10.2M

YoY-126.8%

Carparts Com Inc generated -$10.2M in free cash flow in fiscal year 2024, representing cash available after capex. This represents a decrease of 126.8% from the prior year.

Net Income

-$40.6M

YoY-393.7%

Carparts Com Inc reported -$40.6M in net income in fiscal year 2024. This represents a decrease of 393.7% from the prior year.

EPS (Diluted)

$-0.71

YoY-373.3%

Carparts Com Inc earned $-0.71 per diluted share (EPS) in fiscal year 2024. This represents a decrease of 373.3% from the prior year.

Cash & Debt

$36.4M

YoY-28.6%

5Y CAGR+78.1%

10Y CAGR+42.8%

Carparts Com Inc held $36.4M in cash against $0 in long-term debt as of fiscal year 2024.

Dividends Per Share

N/A

Shares Outstanding

57M

YoY+2.0%

5Y CAGR+10.4%

10Y CAGR+6.3%

Carparts Com Inc had 57M shares outstanding in fiscal year 2024. This represents an increase of 2.0% from the prior year.

Gross Margin

33.4%

YoY-0.5pp

5Y CAGR+6.2pp

10Y CAGR+3.3pp

Carparts Com Inc's gross margin was 33.4% in fiscal year 2024, indicating the percentage of revenue retained after direct costs. This is down 0.5 percentage points from the prior year.

Operating Margin

-6.9%

YoY-5.4pp

5Y CAGR-5.2pp

10Y CAGR+4.9pp

Carparts Com Inc's operating margin was -6.9% in fiscal year 2024, reflecting core business profitability. This is down 5.4 percentage points from the prior year.

Net Margin

-6.9%

YoY-5.7pp

5Y CAGR-5.2pp

10Y CAGR+4.9pp

Carparts Com Inc's net profit margin was -6.9% in fiscal year 2024, showing the share of revenue converted to profit. This is down 5.7 percentage points from the prior year.

Return on Equity

N/A

R&D Spending

N/A

Share Buybacks

N/A

Capital Expenditures

$20.6M

YoY+73.2%

5Y CAGR+29.3%

10Y CAGR+7.3%

Carparts Com Inc invested $20.6M in capex in fiscal year 2024, funding long-term assets and infrastructure. This represents an increase of 73.2% from the prior year.

PRTS Income Statement

Metric	FY24	FY23	FY22	FY21	FY19	FY18
Revenue	$588.8M-12.9%	$675.7M+2.1%	$661.6M+49.0%	$443.9M+58.2%	$280.7M-3.0%	$289.5M
Cost of Revenue	$392.1M-12.1%	$446.3M+3.6%	$430.7M+49.3%	$288.5M+46.9%	$196.4M-6.8%	$210.7M
Gross Profit	$196.7M-14.2%	$229.4M-0.6%	$230.9M+48.6%	$155.4M+84.5%	$84.2M+7.0%	$78.7M
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	N/A	N/A	N/A	N/A	$17.7M-11.1%	$20.0M
Operating Income	-$40.6M-311.2%	-$9.9M-1617.8%	$651K+120.7%	$295K+103.6%	-$8.3M-64.8%	-$5.0M
Interest Expense	$1.2M-16.4%	$1.4M-3.0%	$1.4M-16.2%	$1.7M-9.6%	$1.9M+18.7%	$1.6M
Income Tax	$267K+84.1%	$145K-77.1%	$632K+105.9%	$307K-98.6%	$21.4M+6615.8%	-$329K
Net Income	-$40.6M-393.7%	-$8.2M-764.7%	-$951K+37.1%	-$1.5M+95.2%	-$31.5M-545.3%	-$4.9M
EPS (Diluted)	$-0.71-373.3%	$-0.15-650.0%	$-0.02+50.0%	$-0.04+95.5%	$-0.89-535.7%	$-0.14

Metric	Q3'25	Q2'25	Q1'25	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23
Revenue	$127.8M-15.9%	$151.9M+3.1%	$147.4M+10.4%	$133.5M-7.4%	$144.3M-13.2%	$166.3M+6.3%	$156.4M-6.3%	$166.9M
Cost of Revenue	$85.5M-16.3%	$102.2M+2.1%	$100.0M+11.0%	$90.1M-6.0%	$95.9M-14.7%	$112.4M+7.2%	$104.8M-6.5%	$112.0M
Gross Profit	$42.3M-15.1%	$49.8M+5.1%	$47.3M+9.0%	$43.4M-10.2%	$48.4M-10.2%	$53.9M+4.5%	$51.6M-5.9%	$54.8M
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Income	-$10.0M+19.2%	-$12.4M+18.0%	-$15.1M+2.1%	-$15.5M-77.3%	-$8.7M-33.9%	-$6.5M+3.5%	-$6.8M-131.6%	-$2.9M
Interest Expense	$585K+51.9%	$385K+49.8%	$257K-4.5%	$269K-5.9%	$286K-4.7%	$300K-14.5%	$351K-2.5%	$360K
Income Tax	$59K-34.4%	$90K-35.7%	$140K+1900.0%	$7K-74.1%	$27K-72.4%	$98K+139.0%	-$251K-320.2%	$114K
Net Income	-$10.9M+14.4%	-$12.7M+16.8%	-$15.3M+0.9%	-$15.4M-77.5%	-$8.7M-34.1%	-$6.5M-6.4%	-$6.1M-141.8%	-$2.5M
EPS (Diluted)	$-0.19+17.4%	$-0.23+14.8%	$-0.27+3.6%	$-0.28-86.7%	$-0.15-36.4%	$-0.11+8.3%	$-0.12-200.0%	$-0.04

PRTS Balance Sheet

Metric	FY24	FY23	FY22	FY21	FY19	FY18
Total Assets	$210.6M-18.3%	$257.9M+8.2%	$238.4M+12.3%	$212.4M+141.5%	$87.9M-10.2%	$98.0M
Current Assets	$138.9M-28.2%	$193.3M+15.2%	$167.9M+2.7%	$163.4M+162.0%	$62.4M+6.1%	$58.8M
Cash & Equivalents	$36.4M-28.6%	$51.0M+171.5%	$18.8M-43.4%	$33.1M+1358.4%	$2.3M+11.9%	$2.0M
Inventory	$90.4M-29.9%	$128.9M-5.2%	$136.0M+38.9%	$97.9M+86.6%	$52.5M+5.8%	$49.6M
Accounts Receivable	$6.1M-17.2%	$7.4M+15.0%	$6.4M-34.2%	$9.7M+264.7%	$2.7M-28.4%	$3.7M
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$125.4M-13.5%	$145.0M+13.0%	$128.3M+0.8%	$127.3M+68.5%	$75.6M+27.8%	$59.1M
Current Liabilities	$90.4M-20.0%	$113.0M+28.4%	$88.0M-8.2%	$95.9M+60.0%	$59.9M+24.1%	$48.3M
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	$85.2M-24.5%	$112.8M+2.5%	$110.1M+29.4%	$85.1M+587.1%	$12.4M-68.1%	$38.8M
Retained Earnings	-$229.6M-21.5%	-$189.0M-4.5%	-$180.8M-5.0%	-$172.2M-2.6%	-$167.9M-21.8%	-$137.8M

Metric	Q3'25	Q2'25	Q1'25	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23
Total Assets	$200.3M+5.6%	$189.6M-12.4%	$216.5M+2.8%	$210.6M-11.5%	$238.0M-9.6%	$263.2M+2.1%	$257.9M-4.8%	$270.8M
Current Assets	$143.9M+13.8%	$126.4M-15.3%	$149.2M+7.5%	$138.9M-11.9%	$157.7M-13.8%	$183.0M-5.4%	$193.3M-6.5%	$206.8M
Cash & Equivalents	$36.0M+82.1%	$19.8M-48.7%	$38.5M+5.9%	$36.4M+6.8%	$34.1M-26.0%	$46.0M-9.6%	$51.0M-23.6%	$66.7M
Inventory	$94.3M+0.3%	$94.0M-0.2%	$94.2M+4.3%	$90.4M-17.3%	$109.3M-8.9%	$120.0M-6.9%	$128.9M+4.0%	$124.0M
Accounts Receivable	$7.3M-2.5%	$7.5M-26.2%	$10.2M+67.4%	$6.1M-0.8%	$6.1M-30.8%	$8.9M+20.7%	$7.4M-22.0%	$9.4M
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$136.1M+7.1%	$127.1M-11.5%	$143.7M+14.6%	$125.4M-6.5%	$134.1M-12.9%	$154.1M+6.2%	$145.0M-5.3%	$153.2M
Current Liabilities	$84.2M-2.3%	$86.2M-22.2%	$110.8M+22.5%	$90.4M-4.4%	$94.6M-15.7%	$112.2M-0.7%	$113.0M-5.5%	$119.6M
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	$64.2M+2.7%	$62.4M-14.2%	$72.8M-14.6%	$85.2M-18.0%	$103.9M-4.8%	$109.2M-3.3%	$112.8M-4.1%	$117.7M
Retained Earnings	-$268.5M-4.2%	-$257.6M-5.2%	-$244.9M-6.7%	-$229.6M-12.5%	-$204.1M-4.4%	-$195.5M-3.4%	-$189.0M-3.3%	-$182.9M

PRTS Cash Flow Statement

Metric	FY24	FY23	FY22	FY21	FY19	FY18
Operating Cash Flow	$10.3M-79.3%	$50.0M+225.4%	$15.4M+180.6%	-$19.1M-377.3%	$6.9M+11.3%	$6.2M
Capital Expenditures	$20.6M+73.2%	$11.9M-5.6%	$12.6M+30.3%	$9.7M+56.8%	$6.2M+8.3%	$5.7M
Free Cash Flow	-$10.2M-126.8%	$38.1M+1269.8%	$2.8M+109.7%	-$28.7M-4106.3%	$717K+45.7%	$492K
Investing Cash Flow	-$20.6M-72.7%	-$11.9M+4.9%	-$12.5M-28.3%	-$9.8M-58.4%	-$6.2M-8.3%	-$5.7M
Financing Cash Flow	-$4.4M+25.3%	-$5.9M-174.8%	-$2.2M-103.5%	$62.4M+13511.0%	-$465K+63.8%	-$1.3M
Dividends Paid	N/A	N/A	N/A	N/A	N/A	N/A
Share Buybacks	N/A	$4.3M+722.7%	$524K	N/A	N/A	$0

Metric	Q3'25	Q2'25	Q1'25	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23
Operating Cash Flow	-$6.4M+74.9%	-$25.6M-564.4%	$5.5M+206.5%	$1.8M+149.4%	-$3.6M-199.5%	$3.7M+146.4%	-$7.9M+7.4%	-$8.5M
Capital Expenditures	$1.9M-18.3%	$2.3M+8.3%	$2.1M-12.8%	$2.4M-66.0%	$7.1M-4.0%	$7.4M+65.2%	$4.5M+66.0%	$2.7M
Free Cash Flow	-$8.3M+70.2%	-$27.9M-922.0%	$3.4M+637.1%	-$631K+94.1%	-$10.8M-185.0%	-$3.8M+69.4%	-$12.4M-10.3%	-$11.2M
Investing Cash Flow	-$1.9M+18.3%	-$2.3M-8.3%	-$2.1M+12.8%	-$2.4M+66.2%	-$7.2M+3.4%	-$7.4M-61.4%	-$4.6M-69.8%	-$2.7M
Financing Cash Flow	$24.5M+169.6%	$9.1M+825.6%	-$1.3M-16.4%	-$1.1M+7.9%	-$1.2M+3.6%	-$1.2M+62.8%	-$3.3M-145.7%	-$1.3M
Dividends Paid	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Share Buybacks	N/A	N/A	N/A	N/A	N/A	N/A	$2.2M+96.5%	$1.1M

PRTS Financial Ratios

Metric	FY24	FY23	FY22	FY21	FY19	FY18
Gross Margin	33.4%-0.5pp	34.0%-0.9pp	34.9%-0.1pp	35.0%+5.0pp	30.0%+2.8pp	27.2%
Operating Margin	-6.9%-5.4pp	-1.5%-1.6pp	0.1%+0.0pp	0.1%+3.0pp	-2.9%-1.2pp	-1.7%
Net Margin	-6.9%-5.7pp	-1.2%-1.1pp	-0.1%+0.2pp	-0.3%+10.9pp	-11.2%-9.6pp	-1.7%
Return on Equity	N/A	N/A	N/A	N/A	N/A	N/A
Return on Assets	-19.3%-16.1pp	-3.2%-2.8pp	-0.4%+0.3pp	-0.7%+35.2pp	-35.9%-30.9pp	-5.0%
Current Ratio	1.54-0.2	1.71-0.2	1.91+0.2	1.70+0.7	1.04-0.2	1.22
Debt-to-Equity	1.47+0.2	1.29+0.1	1.17-0.3	1.50-4.6	6.10+4.6	1.52
FCF Margin	-1.7%-7.4pp	5.6%+5.2pp	0.4%+6.9pp	-6.5%-6.7pp	0.3%+0.1pp	0.2%

Metric	Q3'25	Q2'25	Q1'25	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23
Gross Margin	33.1%+0.3pp	32.8%+0.6pp	32.1%-0.4pp	32.5%-1.0pp	33.5%+1.1pp	32.4%-0.6pp	33.0%+0.1pp	32.9%
Operating Margin	-7.9%+0.3pp	-8.2%+2.1pp	-10.3%+1.3pp	-11.6%-5.5pp	-6.0%-2.1pp	-3.9%+0.4pp	-4.3%-2.6pp	-1.8%
Net Margin	-8.5%-0.2pp	-8.4%+2.0pp	-10.4%+1.2pp	-11.6%-5.5pp	-6.0%-2.1pp	-3.9%-0.0pp	-3.9%-2.4pp	-1.5%
Return on Equity	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Return on Assets	-5.4%+1.3pp	-6.7%+0.4pp	-7.1%+0.3pp	-7.3%-3.7pp	-3.6%-1.2pp	-2.5%-0.1pp	-2.4%-1.4pp	-0.9%
Current Ratio	1.71+0.2	1.47+0.1	1.35-0.2	1.54-0.1	1.67+0.0	1.63-0.1	1.71-0.0	1.73
Debt-to-Equity	2.12+0.1	2.04+0.1	1.97+0.5	1.47+0.2	1.29-0.1	1.41+0.1	1.29-0.0	1.30
FCF Margin	-6.5%+11.8pp	-18.3%-20.6pp	2.3%+2.8pp	-0.5%+7.0pp	-7.5%-5.2pp	-2.3%+5.6pp	-7.9%-1.2pp	-6.7%

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Frequently Asked Questions

What is Carparts Com Inc's annual revenue?

Carparts Com Inc (PRTS) reported $588.8M in total revenue for fiscal year 2024. This represents a -12.9% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Carparts Com Inc's revenue growing?

Carparts Com Inc (PRTS) revenue declined by 12.9% year-over-year, from $675.7M to $588.8M in fiscal year 2024.

Is Carparts Com Inc profitable?

No, Carparts Com Inc (PRTS) reported a net income of -$40.6M in fiscal year 2024, with a net profit margin of -6.9%.

What is Carparts Com Inc's earnings per share (EPS)?

Carparts Com Inc (PRTS) reported diluted earnings per share of $-0.71 for fiscal year 2024. This represents a -373.3% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

What is Carparts Com Inc's EBITDA?

Carparts Com Inc (PRTS) had EBITDA of -$17.2M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization.

What is Carparts Com Inc's gross margin?

Carparts Com Inc (PRTS) had a gross margin of 33.4% in fiscal year 2024, indicating the percentage of revenue retained after direct costs of goods sold.

What is Carparts Com Inc's operating margin?

Carparts Com Inc (PRTS) had an operating margin of -6.9% in fiscal year 2024, reflecting the profitability of core business operations before interest and taxes.

What is Carparts Com Inc's net profit margin?

Carparts Com Inc (PRTS) had a net profit margin of -6.9% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.

What is Carparts Com Inc's free cash flow?

Carparts Com Inc (PRTS) generated -$10.2M in free cash flow during fiscal year 2024. This represents a -126.8% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is Carparts Com Inc's operating cash flow?

Carparts Com Inc (PRTS) generated $10.3M in operating cash flow during fiscal year 2024, representing cash generated from core business activities.

What are Carparts Com Inc's total assets?

Carparts Com Inc (PRTS) had $210.6M in total assets as of fiscal year 2024, including both current and long-term assets.

What are Carparts Com Inc's capital expenditures?

Carparts Com Inc (PRTS) invested $20.6M in capital expenditures during fiscal year 2024, funding long-term assets and infrastructure.

How many shares does Carparts Com Inc have outstanding?

Carparts Com Inc (PRTS) had 57M shares outstanding as of fiscal year 2024.

What is Carparts Com Inc's current ratio?

Carparts Com Inc (PRTS) had a current ratio of 1.54 as of fiscal year 2024, which is generally considered healthy.

What is Carparts Com Inc's debt-to-equity ratio?

Carparts Com Inc (PRTS) had a debt-to-equity ratio of 1.47 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Carparts Com Inc's return on assets (ROA)?

Carparts Com Inc (PRTS) had a return on assets of -19.3% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.

What is Carparts Com Inc's Piotroski F-Score?

Carparts Com Inc (PRTS) has a Piotroski F-Score of 3 out of 9, indicating weak financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Carparts Com Inc's earnings high quality?

Carparts Com Inc (PRTS) has an earnings quality ratio of -0.25x, considered mixed quality. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Can Carparts Com Inc cover its interest payments?

Carparts Com Inc (PRTS) has an interest coverage ratio of -34.9x, meaning it can struggle to cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.

How financially healthy is Carparts Com Inc?

Carparts Com Inc (PRTS) scores 20 out of 100 on our Financial Profile, indicating weak overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.