CarParts.com Posts First Positive Adjusted EBITDA in Two Years

CarParts.com Inc. (Nasdaq: PRTS) reported positive adjusted EBITDA for the first quarter, its first since early 2024, even as net sales declined.

For the quarter ended April 4, 2026, the e-commerce auto parts retailer posted adjusted EBITDA of $0.6 million, a swing of nearly $7 million from a $6.2 million loss a year earlier. Net loss narrowed to $1.9 million, or a loss of 3 cents per share, from $15.3 million, or 27 cents per share, in the year-ago quarter.

Net sales fell 10% to $132.0 million, which the company attributed to rationalizing marketing spend to improve profitability. Gross margin rose 40 basis points to 32.5%. CarParts.com ended the quarter with $37.9 million in cash and no revolver debt, and it closed an $8 million strategic investment during the period.

“In the first quarter of 2026, we reached a milestone we have been building toward for five consecutive quarters: our first positive adjusted EBITDA since Q1 2024,” said David Meniane, chief executive officer. “The work is not done. But the evidence is in the results, and the momentum is real.”

Meniane pointed to growth in the company’s A-Premium business, now approaching a $45 million annualized run rate, the launch of JC Whitney products on Amazon, a new CarParts.com Mastercard and expanded next-day delivery as drivers of the turnaround. CarParts.com is an e-commerce provider of automotive parts and accessories based in Long Beach, California.