Every 10-Q that ADVANCE AUTO PARTS INC (AAP) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow AAP and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full AAP filings page.
ADVANCE AUTO PARTS INC (AAP) reported relatively flat sales but much stronger profitability and cash generation for the second quarter of 2026. Net sales were $2.0 billion, down 0.5% year over year, with comparable store sales down 0.5%. Gross margin rose to 46.2% of net sales, up 267 basis points, helped by lower cost of sales including $26 million of IEEPA tariff refunds.
SG&A expenses excluding restructuring were 40.6% of sales, slightly better than last year, and restructuring charges dropped to $10 million from $29 million. Operating income increased to $101 million from $22 million, and net income rose to $55 million, or $0.90 diluted EPS, versus $0.25 a year ago. Year to date, net sales were $4.61 billion, net income $80 million (up from $39 million), and diluted EPS $1.31.
Operating cash flow for the first 28 weeks improved to $252 million from a use of $106 million, supporting $132 million of capital spending, $30 million of dividends and modest debt repurchases. Cash and cash equivalents were $3.12 billion with long-term debt at about $3.4 billion and $894 million of ABL availability; about $2.3 billion of cash sits in Qualified Cash Accounts. The company has incurred about $1.0 billion cumulatively under active restructuring plans and expects an additional $10–20 million of related expenses through 2026.
Advance Auto Parts reported a small profit for its first quarter of 2026 as margins improved and restructuring costs fell sharply. Net sales were $2.6 billion, up 1.2% year over year, with comparable store sales rising 3.5%.
Gross profit margin reached 45.1% of net sales, a 221 basis point increase, while selling, general and administrative expenses excluding restructuring fell to 41.3% of sales, down 216 basis points. Operating income improved to $69 million from a $131 million loss a year earlier, though net income held at $24 million, or diluted earnings per share of $0.39 versus $0.40.
The company used $19 million in cash for operating activities, significantly better than the $156 million use a year ago, and ended the quarter with $2.96 billion in cash and cash equivalents and access to $896 million under its asset-based revolver. Restructuring and related expenses dropped to $32 million from $118 million, and management estimates only $20 million to $30 million of additional restructuring costs through fiscal 2026, after incurring about $1.0 billion to date. The company continues to monitor potential refunds of certain tariffs after a U.S. Supreme Court decision but has not recorded any recovery. Store count inched up to 4,308 locations.
Advance Auto Parts (AAP) filed its Q3 2025 10‑Q reporting net sales of $2.036 billion versus $2.148 billion a year ago as prior store closures weighed on volume, while comparable store sales rose 3.0%. Gross margin expanded to 43.3% (up 100 bps) despite a non‑cash $28 million charge tied to a vendor Chapter 11. SG&A excluding restructuring improved to 40.6% of sales (down 110 bps). Diluted loss per share was $0.02 versus $0.42 last year.
Year‑to‑date, net sales were $6.628 billion with operating loss of $87 million and net income of $38 million, aided by a tax benefit of $150 million. The company closed 517 stores year‑to‑date, ending with 4,297 locations, and has incurred $930 million cumulatively for active restructuring, with $20–$30 million more expected. Cash and equivalents were $3.174 billion. In August, AAP issued $1.95 billion of senior notes and redeemed $300 million due 2026, and replaced its revolving credit line with a $1.0 billion ABL facility, showing $741 million availability and $259 million in letters of credit as of October 4, 2025.