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Standard Motor Products Q3 adjusted EPS rises 13.2%

SMP paired its reaffirmed 2026 outlook with lower quarter-end leverage and a newly approved $0.33 quarterly dividend.

Available on EDGAR Accepted by SEC EDGAR
Filing Impact
(High)
Filing Sentiment

Sentiment and the balance of points

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Form Type
8-K

Rhea-AI Filing Summary

Standard Motor Products, Inc. (SMP) reported third-quarter 2026 net sales of $507.8 million, compared with $498.8 million a year earlier. Adjusted net sales were $512.9 million, up 2.8% from $498.8 million, excluding the IEEPA tariff-refund accounting adjustment. Earnings from continuing operations attributable to SMP were $32.6 million, or $1.42 per diluted share. Non-GAAP diluted EPS was $1.54, up 13.2% from $1.36 a year earlier; non-GAAP earnings from continuing operations were $35.3 million. Adjusted EBITDA was $66.6 million, compared with $61.7 million.

For the first nine months of 2026, net sales were $1,460.6 million and non-GAAP diluted EPS was $3.76. Quarter-end net debt was $381.9 million, and net debt leverage was 1.8x, down from 2.5x in the second quarter and below the company’s target of 2.0x by fiscal year-end. Management reaffirmed full-year 2026 sales growth in the low to mid-single digit range and an adjusted EBITDA margin of 11% - 12%. The board approved a quarterly dividend of $0.33 per share, payable December 1, 2026, to stockholders of record November 16, 2026.

4 points · 0 major

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Rhea-AI gives every point it takes from this document a weight. Minor counts 1, Moderate 3 and Major 9, so one Major point outweighs several Minor ones. The bar adds up the weights on each side, and when neither side holds more than 65% of the total the balance reads Mixed.

It reads the document as published, with the same rules for every company, and it does not look at what the market expected or at how the stock traded, so a point can be objectively good on a day the stock falls.

Rhea-AI Sentiment measures something else, the tone of the wording.

How the balance worksHow Sentiment works

0 major · 0 points

How the balance works

Positive

  • Moderate pointAdjusted diluted EPS rose 13.2% to $1.54 in third quarter 2026.
  • Moderate pointAdjusted EBITDA increased to $66.6 million from $61.7 million.
  • Moderate pointNet debt leverage fell to 1.8x from 2.5x in the second quarter.
  • Minor pointQuarterly dividend declared per share rose to $0.33 from $0.31.

Negative

  • None.

Filing Explained

The release reports third-quarter net earnings attributable to SMP of $14,148 thousand and an after-tax loss from discontinued operations of $18,472 thousand, alongside $32,620 thousand in earnings from continuing operations.

Item 2.02 Results of Operations and Financial Condition Financial
Disclosure of earnings results, typically an earnings press release or preliminary financials.
Item 9.01 Financial Statements and Exhibits Exhibits
Financial statements, pro forma financial information, or exhibit attachments filed with this report.
Net sales $507.8 million Third quarter 2026; compared with $498.8 million in third quarter 2025
Adjusted net sales $512.9 million Third quarter 2026; up 2.8% from $498.8 million in third quarter 2025
Diluted EPS from continuing operations $1.42 per diluted share Third quarter 2026; compared with $1.32 in third quarter 2025
Non-GAAP diluted EPS from continuing operations $1.54 per diluted share Third quarter 2026; up 13.2% from $1.36 in third quarter 2025
Adjusted EBITDA $66.6 million Third quarter 2026; compared with $61.7 million in third quarter 2025
Net debt $381.9 million At September 30, 2026
Net debt leverage 1.8x At quarter-end; compared with 2.5x in the second quarter of 2026
Quarterly dividend $0.33 per share Approved for payment December 1, 2026; compared with $0.31 per share in third quarter 2025
Adjusted EBITDA financial
"Adjusted EBITDA for the quarter increased to $66.6 million"
Adjusted EBITDA is a way companies measure how much money they make from their core operations, like running a business, by removing certain costs or income that aren’t part of regular business activities. It helps investors see how well a company is doing without distractions from unusual expenses or gains, making it easier to compare companies or track performance over time.
net debt leverage financial
"Our net debt leverage decreased to 1.8x"
Net debt leverage measures how many years it would take a company to pay off its debt using its normal operating earnings after subtracting cash on hand; mathematically it's the company’s total debt minus cash divided by its annual operating cash profit. Think of it like comparing a household’s mortgage balance (after savings) to its yearly take-home pay — higher numbers mean more financial strain and greater risk to investors, while lower numbers suggest more capacity to weather trouble or borrow for growth.
IEEPA tariff adjustment financial
"IEEPA Tariff Adjustment"
An IEEPA tariff adjustment is a change to import duties or trade restrictions made under the U.S. International Emergency Economic Powers Act, which lets the government alter customs rules during declared national emergencies or to enforce sanctions. For investors, it matters because such adjustments can suddenly raise or lower the cost of bringing goods into the country, reshuffle supply chains, and shift competitive advantages—like a toll hike on a major bridge that makes some routes much more expensive and forces companies to find alternatives.
EBITDA without Special Items financial
"EBITDA without Special Items"
EBITDA without special items is a measure of a company's operating profit before interest, taxes, depreciation and amortization, with one-time or unusual gains and losses removed. It aims to show the recurring cash-generating performance of the core business—like comparing a household’s regular monthly bills while ignoring a one-off roof repair—helping investors judge ongoing profitability and make apples-to-apples comparisons across periods or peers.
Net sales $507.8 million Compared with $498.8 million in third quarter 2025
Adjusted net sales $512.9 million Up 2.8% from $498.8 million in third quarter 2025
Diluted EPS from continuing operations $1.42 per diluted share Compared with $1.32 in third quarter 2025
Non-GAAP diluted EPS from continuing operations $1.54 per diluted share Up 13.2% from $1.36 in third quarter 2025
Adjusted EBITDA $66.6 million Compared with $61.7 million in third quarter 2025
Guidance

Reaffirmed full-year 2026 sales growth in the low to mid-single digit range and adjusted EBITDA margin of 11% - 12%.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What were SMP’s third-quarter 2026 sales and earnings?
SMP reported $507.8 million in net sales and $1.42 in diluted earnings per share from continuing operations. Adjusted net sales were $512.9 million, up 2.8% from $498.8 million in third quarter 2025. Non-GAAP diluted EPS was $1.54, up 13.2% from $1.36 a year earlier.

What is SMP’s 2026 financial guidance?
SMP reaffirmed full-year 2026 sales growth in the low to mid-single digit range and an adjusted EBITDA margin of 11% - 12%. The guidance excludes the impact of ongoing tariff-landscape changes, significant inflationary impacts from geopolitical conditions, and interest-rate increases affecting customers’ supply chain financing programs.

When will SMP pay its $0.33 dividend?
The quarterly dividend of $0.33 per share is payable December 1, 2026, to stockholders of record November 16, 2026.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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FALSE000009338900000933892026-10-302026-10-30

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): October 30, 2026
STANDARD MOTOR PRODUCTS, INC.
(Exact Name of Registrant as Specified in its Charter)
New York
001-04743
11-1362020
(State or Other
Jurisdiction of Incorporation)
(Commission File Number)
(I.R.S. Employee
Identification Number)
37-18 Northern Boulevard, Long Island City, New York 11101
(Address of Principal Executive Offices, including Zip Code)
Registrant’s Telephone Number, including Area Code: 718-392-0200
Not Applicable
(Former Name or Former Address, if Changed Since Last Report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
o    Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425).
o    Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12).
o    Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)).
o    Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)).
Securities registered pursuant to Section 12(b) of the Act:
Title of each classTrading Symbol(s)Name of each exchange on which registered
Common Stock, par value $2.00 per shareSMPNew York Stock Exchange LLC
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company o
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. o


Item 2.02. Results of Operations and Financial Condition.
On October 30, 2026, Standard Motor Products, Inc. (the “Company”) issued a press release announcing its financial results for the three and nine months ended September 30, 2026. A copy of such press release is furnished as Exhibit 99.1 hereto.

Such press release shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934 (the “Exchange Act”) or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933 or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.
Item 9.01. Financial Statements and Exhibits.
(d)Exhibits.
99.1
Press release dated October 30, 2026 announcing Standard Motor Products, Inc.’s financial results for the three and nine months ended September 30, 2026.
104Cover Page Interactive Data File--the cover page XBRL tags are embedded within the Inline XBRL document.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
STANDARD MOTOR PRODUCTS, INC.
By:/s/ Nathan R. Iles
Nathan R. Iles
Chief Financial Officer
Date: October 30, 2026
2

Exhibit Index
Exhibit No.Description
99.1
Press release dated October 30, 2026 announcing Standard Motor Products, Inc.’s financial results for the three and nine months ended September 30, 2026.
104Cover Page Interactive Data File--the cover page XBRL tags are embedded within the Inline XBRL document.
3


Exhibit 99.1
logo021a.jpg
For Immediate Release
For more information, contact:
Anthony (Tony) Cristello
(972) 316-8107
investors@smpcorp.com

Standard Motor Products, Inc. Releases
Third Quarter 2026 Results and Quarterly Dividend
•Third quarter net sales of $507.8 million with adjusted net sales up 2.8% to $512.9 million
•Third quarter diluted earnings per share of $1.42 with adjusted diluted earnings per share of $1.54, up 13.2% versus prior year
•Net debt leverage improved to 1.8x from 2.5x in our second quarter, surpassing our target to be below 2.0x in FY’26
•Reaffirming full-year guidance of low to mid-single digit sales growth and adjusted EBITDA margin of 11% - 12%
New York, NY, October 30, 2026......Standard Motor Products, Inc. (NYSE: SMP), a leading automotive parts manufacturer and distributor, reported today its consolidated financial results for the three and nine months ended September 30, 2026.
Consolidated net sales for the third quarter of 2026 were $507.8 million, compared to consolidated net sales of $498.8 million during the same quarter in 2025. Consolidated adjusted net sales for the third quarter of 2026 were $512.9 million, compared to consolidated adjusted net sales of $498.8 million during the same quarter in 2025. Earnings from continuing operations for the third quarter of 2026 were $32.6 million or $1.42 per diluted share, compared to earnings of $29.8 million or $1.32 per diluted share in the third quarter of 2025. Non-GAAP earnings from continuing operations for the third quarter of 2026 were $35.3 million or $1.54 per diluted share, compared to $30.6 million or $1.36 per diluted share in the third quarter of 2025.
Consolidated net sales for the nine months ended September 30, 2026 were $1,460.6 million, compared to consolidated net sales of $1,406.1 million during the comparable period in 2025.
1


Consolidated adjusted net sales for the nine months ended September 30, 2026 were $1,490.8 million, compared to consolidated adjusted net sales of $1,406.1 million during the comparable period in 2025. Earnings from continuing operations for the nine months ended September 30, 2026 were $82.7 million or $3.62 per diluted share, compared to $69.8 million or $3.11 per diluted share in the comparable period of 2025. Non-GAAP earnings from continuing operations for the nine months ended September 30, 2026 and 2025 were $85.9 million or $3.76 per diluted share and $77.5 million or $3.45 per diluted share, respectively.

Mr. Eric Sills, Standard Motor Products’ Chairman and Chief Executive Officer stated, “Overall we are very pleased with our third quarter. Adjusted net sales for the quarter, excluding the impact of the accounting treatment for IEEPA tariff refunds received in the quarter, increased 2.8% with three of our four operating segments showing solid gains, while adjusted EBITDA increased to a record-setting $66.6 million. Year-to-date we have set records for both top and bottom-line performance.”
Third Quarter Highlights:
North American Aftermarket Segments
•Vehicle Control adjusted net sales increased 6.0% in the third quarter, driven by strong sell-in as customers deepen assortments to capture DIFM sales, solid demand across all categories and aided by an easier year-over-year comparison. Year-to-date adjusted net sales are up 5.1% for the segment. Customer POS for the segment remained positive throughout the quarter, demonstrating ongoing demand for our non-discretionary offering.

•Temperature Control adjusted net sales decreased 4.1% in the quarter, against a record setting comparison last year, and are up 4.2% year-to-date. The first half of the year saw very strong preseason orders as our customers prepared for the selling season, with sell-in well ahead through the second quarter. Customer POS was solid in the quarter with strong sell-through of previously purchased inventory.

Nissens
Nissens adjusted net sales increased 7.6% to $91.0 million, driven by a combination of high single digit sales growth in local currency benefiting from the record temperatures in certain end-markets, offset by a modest headwind in currency conversion. Year-to-date adjusted net sales are up 7.9% for the segment, outperforming in a challenging market and demonstrating the strength of our program.
Engineered Solutions
Adjusted net sales in the Engineered Solutions segment showed solid growth of 4.9% over last year’s third quarter and are up 11.4% year-to-date. As comparisons remain more difficult in the next few quarters, we would expect more normalized levels of sales growth going forward.
2


Profitability & Balance Sheet
Adjusted EBITDA for the quarter increased to $66.6 million, up from $61.7 million last year, driven primarily by solid performance across our Vehicle Control and Nissens segments, partially offset by Temperature Control due to lower sales in the quarter.
From a balance sheet perspective, our cash flows and borrowings were in line with expectations. Total net debt at quarter-end stood at $381.9 million, down from $510.2 million at the end of the second quarter, reflecting debt paydown as we are into our seasonally stronger cash-generating quarters. Importantly, we reduced our inventory to $646.1 million from $727.9 million at December 31, 2025. Our net debt leverage decreased to 1.8x from 2.5x in the second quarter of 2026, surpassing our target for reducing net debt levels to 2.0x adjusted EBITDA by the end of 2026.
2026 Guidance Update
Our outlook for the full year of 2026 reaffirms our expectation that sales growth will be in the low to mid-single digit range driven by ongoing tailwinds for professional grade non-discretionary products in the North American aftermarket, continuing momentum in our European business, and steady performance in Engineered Solutions, offset by a lapping of both tariff pricing and the benefits of stronger currency conversion.
Further, we reaffirm our expectation that adjusted EBITDA will be in a range of 11% -12%. Note that our guidance excludes the impact of ongoing changes in the tariff landscape, any significant inflationary impact from geopolitical conditions, or increase in interest rates impacting our customers’ supply chain financing programs. We intend to address these pressures with our usual combination of cost savings and pricing programs.
Dividends
The Board of Directors has approved payment of a quarterly dividend of 33 cents per share on the common stock outstanding, which will be paid on December 1, 2026 to stockholders of record on November 16, 2026.
Closing Remarks
In closing, Mr. Sills commented, “As we move into the final quarter of the year, we are optimistic that we can continue to navigate the challenging environment and maintain the positive momentum we have experienced over the past several quarters. Our quality products and brands across a wide assortment of non-discretionary categories have us well-positioned to support our customers and the repair professional. The resiliency of the aftermarket in both North America and Europe has us excited about our future path for growth and improved profitability. I would like to thank our employees for their hard work and commitment to our continued success.”


3


Conference Call
Standard Motor Products, Inc. will hold a conference call at 11:00 AM, Eastern Time, on Friday, October 30, 2026. This call will be webcast and can be accessed on our website at www.smpcorp.com and clicking on the SMP Q3'26 Earnings Call Webcast link. Investors may also listen to the call by dialing 800-347-6865 (domestic) or 203-518-9757 (international). The conference call ID code is SMP3Q2026. Our playback will be made available for dial in immediately following the call. For those choosing to listen to the replay by webcast, the link should be active on our website within 24 hours after the call. The playback number is 800-757-4761 (domestic) or 402-220-7215 (international).
Forward-Looking Statements
Under the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, Standard Motor Products cautions investors that any forward-looking statements made by the company, including those that may be made in this press release, are based on management’s expectations at the time they are made, but they are subject to risks and uncertainties that may cause actual results, events or performance to differ materially from those contemplated by such forward looking statements. Among the factors that could cause actual results, events or performance to differ materially from those risks and uncertainties discussed in this press release are those detailed from time-to-time in prior press releases and in the company’s filings with the Securities and Exchange Commission, including the company’s annual report on Form 10-K and quarterly reports on Form 10-Q. By making these forward-looking statements, Standard Motor Products undertakes no obligation or intention to update these statements after the date of this release.


4


Use and Definition of Non-GAAP Measures
We report our financial results in accordance with accounting principles generally accepted in the United States (“GAAP”). We supplement the reporting of our financial information determined under GAAP with certain non-GAAP financial information. The non-GAAP information presented provides investors with additional useful information but should not be considered in isolation or as substitutes for the related GAAP measures. We believe that these non-GAAP measures provide investors with additional insight into the Company’s ongoing business performance and balance sheet health. Other companies may define non-GAAP measures differently, which limits the usefulness of these measures for comparisons with such other companies. We encourage investors to review our financial statements and publicly-filed reports in their entirety and not to rely on any single financial measure.
When we provide our expectations for adjusted EBITDA, adjusted EBITDA margin and net debt leverage, a reconciliation of this non-GAAP financial measure to the corresponding GAAP measures is not available without unreasonable effort due to potentially high variability and low visibility as to the items that would be excluded from the GAAP measure in the relevant future period. A reconciliation of the non-GAAP measures to the corresponding amounts prepared in accordance with GAAP appears in the tables in this Appendix. Below are our non-GAAP financial measures:

Non-GAAP MeasureDefinition
Adjusted consolidated net sales and adjusted segment net salesRepresents net sales (a GAAP measure), excluding adjustment for accounting for International Emergency Economic Powers Act (“IEEPA”) tariff refunds received from the United States Treasury which we estimate may be passed through to our customers.
Non-GAAP diluted earnings per share from continuing operations attributable to SMP and related non-GAAP income statement items and related percentage of net sales and adjusted net salesRepresents earnings from continuing operations attributable to SMP (a GAAP measure) and related income statement items, such as gross profit, selling, general and administrative expenses, operating income (GAAP measures), adjusted to exclude restructuring expenses, acquisition and integration expenses, other income (expense), net, and related tax effects.
Net debt and net debt leverageRepresents the current portion of revolving credit facility, current portion of term loan and other debt and long-term debt (GAAP measures) less cash (a GAAP measure) divided by EBITDA without special items, as defined below.
EBITDA, adjusted EBITDA, EBITDA without special items and related margin percentageRepresents net earnings (loss) (a GAAP measure), excluding depreciation, amortization, and interest expense adjusted or without special items defined as restructuring expenses, acquisition & integration expenses, expenses related to a customer program wind down, and a charge related to a litigation matter in dispute. EBITDA margin and adjusted EBITDA margin divided by GAAP net sales or adjusted consolidated net sales or adjusted segment net sales. Special items represent significant charges or credits that are important to an understanding of the company's overall operating results in the periods presented.
5

Standard Motor Products, Inc.
Consolidated Statements of Operations

Three Months Ended
September 30,		Nine Months Ended
September 30,
(In thousands, except share and per share data, unaudited)2026202520262025
Net sales
$507,791 $498,836 $1,460,556 $1,406,068 
Cost of sales
342,206 337,042 991,179 968,663 
Gross profit165,585 161,794 469,377 437,405 
Selling, general and administrative expenses
115,371 113,388 333,731 320,753 
Restructuring expenses
62 782 676 2,037 
Other income (expense), net(3)12 116 319 
Operating income50,149 47,636 135,086 114,934 
Other non-operating income, net958 1,734 472 5,857 
Interest expense
6,267 7,394 21,345 23,450 
Earnings from continuing operations before income taxes
44,840 41,976 114,213 97,341 
Provision for income taxes
11,996 11,977 30,862 26,867 
Earnings from continuing operations32,844 29,999 83,351 70,474 
Loss from discontinued operations, net of income taxes(18,472)(34,172)(21,050)(36,369)
Net earnings (loss)14,372 (4,173)62,301 34,105 
Net earnings attributable to noncontrolling interest224 162 649 632 
Net earnings attributable to SMP$14,148 $(4,335)$61,652 $33,473 


Net earnings (loss) attributable to SMP

Continuing operations
$32,620 $29,837 $82,702 $69,842 
Discontinued operations
(18,472)(34,172)(21,050)(36,369)
Net earnings (loss) attributable to SMP$14,148 $(4,335)$61,652 $33,473 


Per common share data

Basic:

Continuing operations
$1.46 $1.36 $3.71 $3.18 
Discontinued operations
(0.83)(1.56)(0.94)(1.66)
Net earnings (loss) attributable to SMP per common share$0.63 $(0.20)$2.77 $1.52 


Diluted:

Continuing operations
$1.42 $1.32 $3.62 $3.11 
Discontinued operations
(0.80)(1.51)(0.92)(1.62)
Net earnings (loss) attributable to SMP per common share$0.62 $(0.19)$2.70 $1.49 

Dividend declared per common share
$0.33 $0.31 $0.66 $0.93 

Weighted average number of common shares, basic
22,340,48921,991,19422,267,05621,954,548
Weighted average number of common shares, diluted
22,966,37322,571,30422,868,01522,439,083
6

Standard Motor Products, Inc.
Consolidated Balance Sheets
(In thousands, except share and per share data)
September 30, 2026September 30, 2025December 31, 2025
       ASSETS(Unaudited)(Unaudited)
CURRENT ASSETS:
Cash
$105,037 $87,201 $72,031 
Accounts receivable, less allowances for discounts and expected credit losses of $10,395 for 2026 and $7,777 and $10,043 for June and December 2025, respectively
307,149 296,229 232,020 
Inventories
646,139 676,829 727,922 
Prepaid expenses and other current assets
23,924 23,467 18,477 
Total current assets
1,082,249 1,083,726 1,050,450 
Property, plant and equipment, net of accumulated depreciation of $309,409 for 2026 and $287,624 and $300,283 for June and December 2025, respectively
187,836 187,333 188,562 
Operating lease right-of-use assets
98,254 107,789 105,178 
Goodwill
251,877 256,152 256,159 
Customer relationships intangibles, net193,720 216,480 212,056 
Other intangibles, net
95,228 98,688 99,102 
Deferred income taxes
24,732 19,611 25,384 
Investments in unconsolidated affiliates
27,583 25,445 26,310 
Other assets37,034 32,315 32,040 
Total assets
$1,998,513 $2,027,539 $1,995,241 
LIABILITIES AND STOCKHOLDERS’ EQUITY
CURRENT LIABILITIES:
Current portion of revolving credit facility$50,000 $30,000 $30,000 
Current portion of term loan and other debt
21,130 20,839 21,988 
Accounts payable
166,608 178,295 169,089 
Sundry payables and accrued expenses
115,232 111,189 92,054 
Accrued customer returns
76,953 83,036 49,554 
Accrued rebates
124,679 83,694 84,494 
Payroll and commissions
44,638 47,059 46,135 
Total current liabilities
599,240 554,112 493,314 
Long-term debt
415,830 538,639 566,727 
Noncurrent operating lease liabilities
87,220 96,180 93,381 
Accrued asbestos liabilities
123,345 115,042 112,625 
Other accrued liabilities
31,879 31,434 30,932 
Total liabilities
1,257,514 1,335,407 1,296,979 
Commitments and contingencies
Stockholders’ equity:
Common stock – par value $2.00 per share (Authorized – 30,000,000 shares; issued 23,936,036 shares)47,872 47,872 47,872 
Capital in excess of par value
103,177 102,838 99,005 
Retained earnings
629,060 588,450 589,448 
Accumulated other comprehensive income
8,796 14,555 17,857 
Treasury stock – at cost (1,594,225 shares in 2026 and 1,948,363 and 1,790,097 shares in June and December 2025, respectively)
(62,794)(76,303)(70,483)
Total SMP stockholders’ equity
726,111 677,412 683,699 
Noncontrolling interest
14,888 14,720 14,563 
Total stockholders’ equity
740,999 692,132 698,262 
Total liabilities and stockholders’ equity
$1,998,513 $2,027,539 $1,995,241 
7

Standard Motor Products, Inc.
Consolidated Statements of Cash Flows
(In thousands, unaudited)
Nine Months Ended
September 30,

20262025
CASH FLOWS FROM OPERATING ACTIVITIES:
Net earnings$62,301 $34,105 
Adjustments to reconcile net earnings to net cash provided by operating activities:
Depreciation and amortization
34,777 32,393 
Amortization of deferred financing cost
815 931 
Increase to allowance for expected credit losses53 2,865 
Increase to inventory reserves4,837 5,367 
Equity income from joint ventures
(2,900)(3,593)
Employee stock ownership plan allocation
2,465 2,025 
Stock-based compensation
8,894 5,515 
Increase in deferred income taxes(1,449)(3,584)
Loss on discontinued operations, net of tax
21,050 36,369 
Change in assets and liabilities:
Increase in accounts receivable(78,295)(78,691)
Decrease (increase) in inventories74,297 (22,777)
(Increase) decrease in prepaid expenses and other current assets(3,221)3,403 
(Decrease) increase in accounts payable(2,105)22,431 
Increase in sundry payables and accrued expenses88,908 46,211 
Net change in other assets and liabilities
(3,256)2,711 
Net cash provided by operating activities207,171 85,681 
CASH FLOWS FROM INVESTING ACTIVITIES:
Capital expenditures(23,534)(29,334)
Other investing activities(3,434)3,043 
Net cash used in investing activities(26,968)(26,291)
CASH FLOWS FROM FINANCING ACTIVITIES:
Repayments of term loans(11,782)(11,788)
Net (repayments) borrowings under revolving credit facilities(107,718)9,735 
Net (repayments) borrowings of other debt and lease obligations(5,600)892 
Purchase of treasury stock(320)— 
(Decrease) increase in overdraft balances(85)1,542 
Dividends paid(22,040)(20,408)
Dividends paid to noncontrolling interest(624)(335)
Net cash used in financing activities(148,169)(20,362)
Effect of exchange rate changes on cash972 3,747 
Net increase in cash33,006 42,775 
CASH at beginning of period72,031 44,426 
CASH at end of period$105,037 $87,201 

8

Standard Motor Products, Inc.
Reconciliation of GAAP to Adjusted Net Sales by Segment
Three Months Ended September 30,
20262025
(In thousands, unaudited)GAAP Net SalesIEEPA Tariff AdjustmentAdjusted
Net Sales		GAAP Net SalesIEEPA Tariff AdjustmentAdjusted
Net Sales
Vehicle Control
Engine Management (Ignition, Emissions and Fuel Delivery)$125,944 $121,420 
Electrical and Safety66,196 63,192 
Wire Sets and Other13,849 13,070 
Total Vehicle Control205,989 3,492 209,481 197,682 — 197,682 

Temperature Control
AC System Components106,004 114,033 
Other Thermal Components31,490 30,624 
Total Temperature Control137,494 1,208 138,702 144,657 — 144,657 

Nissens Automotive
Air Conditioning45,933 36,409 
Engine Cooling33,165 32,168 
Engine Efficiency11,485 15,960 
Total Nissens Automotive90,583 376 90,959 84,537 — 84,537 
Engineered Solutions

Light Vehicle24,674 21,977 
Commercial Vehicle21,800 21,111 
Construction/Agriculture10,200 8,863 
All Other19,053 20,247 
Total Engineered Solutions75,727 34 75,761 72,198 — 72,198 

Intersegment sales(2,002)— (2,002)(238)— (238)
Total
$507,791 $5,110 $512,901 $498,836 $— $498,836 

9


Standard Motor Products, Inc.
Reconciliation of GAAP to Adjusted Net Sales by Segment
Nine Months Ended September 30,
20262025
(In thousands, unaudited)GAAP Net SalesIEEPA Tariff AdjustmentAdjusted
Net Sales		GAAP Net SalesIEEPA Tariff AdjustmentAdjusted
Net Sales
Vehicle Control
Engine Management (Ignition, Emissions and Fuel Delivery)$388,519 $368,019 
Electrical and Safety171,635 178,339 
Wire Sets and Other42,586 45,365 
Total Vehicle Control602,740 19,143 621,883 591,723 — 591,723 
Temperature Control
AC System Components290,496 286,001 
Other Thermal Components81,250 78,904 
Total Temperature Control371,746 8,435 380,181 364,905 — 364,905 
Nissens Automotive
Air Conditioning111,535 104,016 
Engine Cooling100,887 95,023 
Engine Efficiency47,203 42,217 
Total Nissens Automotive259,625 615 260,240 241,256 — 241,256 
Engineered Solutions
Light Vehicle72,269 65,161 
Commercial Vehicle66,245 61,552 
Construction/Agriculture30,720 27,855 
All Other60,847 53,854 
Total Engineered Solutions230,081 2,040 232,121 208,422 — 208,422 
Intersegment sales(3,636)— (3,636)(238)— (238)
Total
$1,460,556 $30,233 $1,490,789 $1,406,068 $— $1,406,068 

10

Standard Motor Products, Inc.
Reconciliation of GAAP and Non-GAAP Earnings Measures
Three Months EndedNine Months Ended
September 30,September 30,
(Unaudited)2026202520262025
Earnings from Continuing Operations Attributable to SMP
GAAP Earnings from Continuing Operations$32,620 $29,837 $82,702 $69,842 
Restructuring Expenses62 782 676 2,037 
Litigation Matter3,615 — 3,615 — 
Acquisition & Integration Expenses— 299 2 8,346 
Income Tax Effect Related To Reconciling Items(956)(281)(1,116)(2,700)
Non-GAAP Earnings from Continuing Operations$35,341 $30,637 $85,879 $77,525 
Diluted Earnings Per Share from Continuing Operations Attributable to SMP
GAAP Diluted Earnings Per Share from Continuing Operations$1.42 $1.32 $3.62 $3.11 
Restructuring Expenses— 0.04 0.03 0.09 
Litigation Matter0.16 — 0.16 — 
Acquisition & Integration Expenses— 0.01 — 0.37 
Income Tax Effect Related To Reconciling Items(0.04)(0.01)(0.05)(0.12)
Non-GAAP Diluted Earnings Per Share from Continuing Operations$1.54 $1.36 $3.76 $3.45 


11

Last Twelve Months EndedYear Ended
September 30,December 31,
(In thousands, except for net debt leverage ratio)202620252025
Net DebtUnauditedAudited
Current portion of revolving credit facility$50,000 $30,000 $30,000 
Current portion of term loan and other debt
21,130 20,839 21,988 
Long-term debt
415,830 538,639 566,727 
Total debt486,960 589,478 618,715 
Less: Cash105,037 $87,201 72,031 
Net debt381,923 502,277 546,684 
EBITDA without Special Items
GAAP Net Earnings (Loss)$70,406 $32,099 $42,208 
Loss from Discontinued Operations, Net of Income Taxes(22,379)(37,770)(37,698)
Provision for Income Taxes34,610 27,534 30,617 
GAAP Earnings from Continuing Operations Before Taxes127,395 97,403 110,523 
Depreciation and Amortization46,232 41,798 43,848 
Interest Expense29,234 28,998 31,339 
     EBITDA202,861 168,199 185,710 
Restructuring Expenses1,219 3,931 2,580 
Litigation Matter3,615 — — 
Acquisition & Integration Expenses239 20,418 8,583 
Customer Program Wind Down4,067 — 4,067 
Special Items9,140 24,349 15,230 
EBITDA without Special Items$212,001 $192,548 $200,940 
Net debt leverage ratio1.8 2.6 2.7 


12

Standard Motor Products, Inc.
Reconciliation of GAAP and Non-GAAP Earnings Measures by Segments
Three Months Ended September 30, 2026
(In thousands, unaudited)Vehicle ControlTemperature ControlNissens AutomotiveEngineered SolutionsCorporate Unallocated ExpensesConsolidated
EBITDA without Special Items
GAAP Net Earnings (Loss)$16,572$14,345$3,560$2,481$(22,586)$14,372
Loss from Discontinued Operations, Net of Income Taxes————(18,472)(18,472)
Provision for Income Taxes6,1604,9581,4561,485(2,063)$11,996
GAAP Earnings (Loss) from Continuing Operations Before Taxes22,73219,3035,0163,966(6,177)44,840
Depreciation and Amortization4,6488913,3002,673350 11,862
Interest Expense9874754,655598(448)6,267
EBITDA28,36720,66912,9717,237(6,275)62,969
Restructuring Expenses412—19— 62
Litigation Matter——3,615—— 3,615
Special Items4123,61519— 3,677
EBITDA without Special Items$28,408$20,671$16,586$7,256$(6,275)$66,646
% of GAAP Net Sales13.8 %15.0 %18.3 %9.6 %13.1 %
% of Non-GAAP Net Sales13.6 %14.9 %18.2 %9.6 %13.0 %
Three Months Ended September 30, 2025
(In thousands, unaudited)Vehicle ControlTemperature ControlNissens AutomotiveEngineered SolutionsCorporate Unallocated ExpensesConsolidated
EBITDA without Special Items
GAAP Net Earnings (Loss)$10,733$20,036$4,420 $2,869$(42,232)$(4,174)
Loss from Discontinued Operations, Net of Income Taxes——— —(34,172)(34,172)
Provision for Income Taxes3,5207,0871,120 1,370(1,119)11,978
GAAP Earnings (Loss) from Continuing Operations Before Taxes14,25327,1235,540 4,239(9,179)41,976
Depreciation and Amortization4,1747853,333 2,574335 11,201
Interest Expense1,2675875,322 515(297)7,394
EBITDA19,69428,49514,195 7,328(9,141)60,571
Restructuring Expenses7351— 46— 782
Acquisition & Integration Expenses——44 —255 299
Special Items735144 46255 1,081
EBITDA without Special Items$20,429$28,496 $14,239 $7,374$(8,886)$61,652
% of GAAP Net Sales10.3 %19.7 %16.8 %10.2 %12.4 %
% of Non-GAAP Net Sales10.3 %19.7 %16.8 %10.2 %12.4 %
13

Standard Motor Products, Inc.
Reconciliation of GAAP and Non-GAAP Earnings Measures by Segments
Nine Months Ended September 30, 2026
(In thousands, unaudited)Vehicle ControlTemperature ControlNissens AutomotiveEngineered SolutionsCorporate Unallocated ExpensesConsolidated
EBITDA without Special Items
GAAP Net Earnings (Loss)$37,346$41,256$11,660$7,303$(35,263)$62,302
Loss from Discontinued Operations, Net of Income Taxes————(21,050)(21,050)
Provision for Income Taxes13,75114,4484,7583,390(5,487)$30,860
GAAP Earnings (Loss) from Continuing Operations Before Taxes51,09755,70416,41810,693(19,700)114,212
Depreciation and Amortization13,3952,5869,8777,8671,052 34,777
Interest Expense4,6991,96014,0311,714(1,059)21,345
EBITDA69,19160,25040,32620,274(19,707)170,334
Restructuring Expenses55174—51— 676
Litigation Matter——3,615—— 3,615
Acquisition & Integration Expenses——2—— 2
Special Items551743,61751— 4,293
EBITDA without Special Items$69,742$60,324$43,943$20,325 $(19,707)$174,627
% of GAAP Net Sales11.6 %16.2 %16.9 %8.8 %12.0 %
% of Non-GAAP Net Sales11.2 %15.9 %16.9 %8.8 %11.7 %
Nine Months Ended September 30, 2025
(In thousands, unaudited)Vehicle ControlTemperature ControlNissens AutomotiveEngineered SolutionsCorporate Unallocated ExpensesConsolidated
EBITDA without Special Items
GAAP Net Earnings (Loss)$35,318$40,312$5,954 $8,150$(55,629)$34,105
Loss from Discontinued Operations, Net of Income Taxes——— —(36,369)(36,369)
Provision for Income Taxes11,43014,3612,088 3,508(4,520)26,867
GAAP Earnings (Loss) from Continuing Operations Before Taxes46,74854,6738,042 11,658(23,780)97,341
Depreciation and Amortization11,9132,3479,645 7,501987 32,393
Interest Expense3,8201,88816,455 1,517(230)23,450
EBITDA62,48158,90834,142 20,676(23,023)153,184
Restructuring Expenses1,740190— 1052 2,037
Acquisition & Integration Expenses——7,877 —469 8,346
Special Items$1,740$190$7,877 $105$471 $10,383
EBITDA without Special Items$64,221$59,098 $42,019 $20,781$(22,552)$163,567
% of GAAP Net Sales10.9 %16.2 %17.4 %10.0 %11.6 %
% of Non-GAAP Net Sales10.9 %16.2 %17.4 %10.0 %11.6 %
14

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