Motorcar Parts of America Swings to Profit in FY26 with $0.62 EPS on $789.8M Revenue
MPAA sits 53% above its 52-week low of $9.29 on elevated volume (9.0× avg).
Summary
Motorcar Parts of America reported a significant financial turnaround for fiscal year 2026, achieving $789.81 million in revenue and diluted earnings per share of $0.62. This marks a return to profitability from a loss of $0.99 per share in the prior fiscal year, with net income reaching $12.39 million. This official 10-K summary confirms the strong full-year results previously indicated by an 8-K filing and news reports earlier today, which had already highlighted the company's return to profitability and revenue figures. The shift from a loss to profit is a material positive development for the company.
At the time of this announcement, MPAA was trading at $14.25 on NASDAQ in the Manufacturing sector, with a market capitalization of approximately $273.8M. The 52-week trading range was $9.29 to $18.12. This news item was assessed with positive market sentiment and an importance score of 7 out of 10. Source: Wiseek News.