Motorcar Parts of America (MPAA) Q2 FY2027 earnings: revenue $169 million, down 23.6% on the year

Motorcar Parts of America Inc. (MPAA) reported revenue of $169 million for Q2 FY2027, the quarter ended 30 September 2026, down 23.6% on the same quarter a year earlier. Net income was $1 million, and diluted earnings per share $-0.03. The figures are the company's own, from the 10-Q it filed with the SEC on 9 November 2026.

Revenue

$169 million

-23.6% on the year · +0.7% on the quarter

Q3 FY2025Q2 FY2027

Operating margin

5.9%

7.4% a year earlier

Q3 FY2025Q2 FY2027

Net income

$1 million

Q3 FY2025Q2 FY2027

Diluted EPS

-$0.03

Q3 FY2025Q2 FY2027

this quarterthe same quarter a year earlierHover a bar for its figure.

What management said

Guidance figures: 1 lowered.

Net sales fell on delayed orders: Net sales were $169.2 million against $221.5 million. Of the decline, $14.8 million was prior-year core revenue from inventory realignment; the remaining $37.5 million reflects delayed orders and lower tariff pass-throughs.
Full-year net sales estimate lowered: Fiscal 2027 net sales are now estimated at $715 million to $740 million, from $780 million to $800 million, reflecting delayed customer orders for existing and new business awards.
Operating income estimate set: Fiscal 2027 operating income is estimated at $37 million to $44 million, including about $30 million of non-cash expenses and about $5 million of heavy-duty relocation transition expenses.

Read the earnings call summary

Income statement (profit and loss)

$ million	Q2 FY2027	Q1 FY2027	Q2 FY2026	On the quarter	On the year
Revenue	169	168	221	+0.7%	-23.6%
Cost of revenue	128	141	179	-8.9%	-28.2%
Gross profit	40.9	27.2	42.7	+50.7%	-4.2%
Gross margin	24.2%	16.2%	19.3%
Research and development	3.1	3.2	3.9	-2.7%	-21.3%
Operating income	10.0	3.5	16.4	+182.2%	-39.1%
Operating margin	5.9%	2.1%	7.4%
Pre-tax income	1.9	-10.1	1.4		+36.0%
Income tax	0.6	3.4	3.6	-83.3%	-84.2%
Effective tax rate	29.3%	n/a	252.2%
Net income	1.4	-13.4	-2.1
Net margin	0.8%	-8.0%	-1.0%
Diluted EPS	-$0.03	-$0.71	-$0.11

$ million except per share.

Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.

Cash flow

$ million	Q2 FY2027	Q1 FY2027	Q2 FY2026	On the quarter	On the year
Operating cash flow	-4.1	-11.3	21.9
Capital expenditure	0.8	1.1	1.0	-31.3%	-25.8%
Free cash flow	-4.8	-12.4	20.8
Free cash flow margin	-2.8%	-7.4%	9.4%
Cash from investing	-0.8	-5.2	-0.9
Cash from financing	6.7	20.8	-17.6	-68.0%
Depreciation and amortisation	n/a	n/a	2.4
Share-based compensation	3.5	2.1	2.0	+61.4%	+73.9%
Buybacks	0.0	1.9	1.4
Diluted shares, weighted	22m	19m	19m	+18.8%	+16.1%
Shares outstanding at period end	19m	19m	20m	+0.2%	-3.0%

Cash flow lines for the quarter; where the company files them year to date, the quarter is the difference between two filings.

Balance sheet

$ million	Q2 FY2027	Q1 FY2027	Q2 FY2026	On the quarter	On the year
Shareholders' equity	258	253	259	+1.9%	-0.2%
Debt	169	164	116	+3.0%	+45.5%
Operating lease liabilities	53.5	55.7	61.0	-3.9%	-12.3%
Finance lease liabilities	2.6	2.9	3.1	-10.0%	-15.4%
Other liabilities	551	535	551	+3.1%	-0.0%
Total liabilities and equity	1,034	1,010	990	+2.4%	+4.4%
Fixed assets	27.4	29.3	32.3	-6.4%	-15.1%
Investments	2.3	2.3	2.0	-0.1%	+12.4%
Cash and equivalents	20.8	19.1	15.7	+8.6%	+32.2%
Receivables	80.0	71.4	104	+12.1%	-23.1%
Inventory	415	413	373	+0.4%	+11.4%
Other assets	488	475	463	+2.9%	+5.4%
Total assets	1,034	1,010	990	+2.4%	+4.4%

Questions

What was Motorcar Parts of America's revenue in Q2 FY2027?

Motorcar Parts of America (MPAA) reported revenue of $169 million for Q2 FY2027, the quarter ended 30 September 2026, down 23.6% on the same quarter a year earlier.

How much did Motorcar Parts of America earn in Q2 FY2027?

Net income for Q2 FY2027 was $1 million, and the diluted loss per share $0.03.

When did Motorcar Parts of America report Q2 FY2027 results?

Motorcar Parts of America filed its 10-Q for the quarter ended 30 September 2026 with the SEC on 9 November 2026.

Quarterly results, the last 20 quarters

	Q3 FY2022	Q4 FY2022 *	Q1 FY2023	Q2 FY2023	Q3 FY2023	Q4 FY2023 *	Q1 FY2024	Q2 FY2024	Q3 FY2024	Q4 FY2024 *	Q1 FY2025	Q2 FY2025	Q3 FY2025	Q4 FY2025 *	Q1 FY2026	Q2 FY2026	Q3 FY2026	Q4 FY2026 *	Q1 FY2027	Q2 FY2027
Revenue	162	164	164	173	152	195	160	197	172	189	170	208	186	193	188	221	168	212	168	169
Cost of revenue	129	138	134	146	131	159	133	155	142	155	141	167	141	155	154	179	135	162	141	128
Gross profit	32.6	25.8	30.3	26.5	21.0	36.2	26.6	41.1	30.0	34.8	29.2	41.3	44.9	38.5	33.9	42.7	32.9	50.4	27.2	40.9
Gross margin	20%	16%	18%	15%	14%	19%	17%	21%	17%	18%	17%	20%	24%	20%	18%	19%	20%	24%	16%	24%
R&D	2.6	2.9	3.1	2.7	2.5	2.0	2.4	2.4	2.5	2.6	2.4	2.4	3.0	3.5	3.3	3.9	3.5	3.5	3.2	3.1
Operating income	8.7	4.7	7.3	1.9	3.5	23.7	10.4	13.9	9.5	12.2	-6.5	12.5	17.6	16.3	20.1	16.4	8.3	21.1	3.5	10.0
Operating margin	5%	3%	4%	1%	2%	12%	7%	7%	6%	6%	-4%	6%	9%	8%	11%	7%	5%	10%	2%	6%
Pre-tax income	4.7	0.7	0.4	-7.4	-7.9	11.9	-1.4	-2.0	-9.9	0.3	-18.3	-2.0	3.4	1.2	5.5	1.4	1.3	12.0	-10.1	1.9
Tax rate	34%	147%	142%	n/a	n/a	88%	n/a	n/a	n/a	-365%	n/a	n/a	33%	160%	44%	252%	-32%	19%	n/a	29%
Net income	3.1	-0.3	-0.2	-6.5	1.0	1.5	-1.4	-2.0	-47.2	1.3	-18.1	-3.0	2.3	-0.7	3.0	-2.1	1.8	9.7	-13.4	1.4
Net margin	2%	-0%	-0%	-4%	1%	1%	-1%	-1%	-27%	1%	-11%	-1%	1%	-0%	2%	-1%	1%	5%	-8%	1%
Diluted EPS	$0.16	-$0.01	-$0.01	-$0.34	$0.05	$0.08	-$0.07	-$0.10	-$2.40	$0.06	-$0.92	-$0.15	$0.11	-$0.04	$0.15	-$0.11	$0.09	$0.42	-$0.71	-$0.03
Operating cash flow	2.2	-22.7	-1.0	-16.0	-4.5	-0.3	-20.5	15.3	53.6	-9.3	-20.8	22.9	34.4	9.1	10.0	21.9	-8.2	-4.5	-11.3	-4.1
Capital expenditure	1.9	2.4	1.4	1.3	1.0	0.6	0.0	0.1	0.3	0.5	0.5	0.6	0.7	2.9	0.8	1.0	0.4	1.4	1.1	0.8
Free cash flow	0.3	-25.1	-2.4	-17.2	-5.4	-0.9	-20.5	15.2	53.3	-9.8	-21.3	22.3	33.7	6.2	9.2	20.8	-8.6	-6.0	-12.4	-4.8
Buybacks	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	0.0	0.0	2.1	2.7	2.0	1.4	5.0	3.0	1.9	0.0
Shares outstanding	19m	19m	19m	19m	19m	19m	20m	20m	20m	20m	20m	20m	20m	19m	19m	20m	19m	19m	19m	19m
Filing	10-Q	10-K	10-Q	10-Q	10-Q	10-K	10-Q	10-Q	10-Q	10-K	10-Q	10-Q	10-Q	10-K	10-Q	10-Q	10-Q	10-K	10-Q	10-Q

Each quarter as filed, linked to its filing.

* The fourth quarter is the full year less the first three quarters, because the company files the year and not the quarter on its own. A fourth quarter's EPS, and its diluted share count where shown, are from the company's results press release for that quarter, checked against the company's filed figures or a second data source. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and the share count are as they are. Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Cash flow lines filed year to date are the difference between two filings. Shares outstanding are at the period end where the balance sheet tags them, otherwise the count on the filing's cover page. A derived fourth-quarter EPS is left blank when a split in the year makes the arithmetic meaningless.

10-Q for the period ended 30 September 2026, filed 9 November 2026: the filing.