Filing Flows › Motorcar Parts of America (MPAA) › Q3 FY25
Motorcar Parts of America (MPAA) Q3 FY25 earnings results (third quarter fiscal 2025)
10-Q filed Feb 10, 2025
Motorcar Parts of America (MPAA) reported revenue of $186M for the third quarter fiscal 2025 (Q3 FY25), +8% from a year earlier and -11% from the quarter before. Operating margin was 9.4%, net earnings $2.3M (1.2% of revenue).
Motorcar Parts of America, Q3 FY25: revenue $186M (+8% year over year), operating margin 9.4%, net earnings $2.3M, operating cash flow $34.4M. The chart follows the revenue to costs, profit and cash.
| Q3 FY25 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $186M | -11% | +8% |
| Gross profit | $44.9M | +9% | +49% |
| Operating profit | $17.6M | +40% | +85% |
| Net earnings | $2.3M | — | — |
| Operating cash flow | $34.4M | +50% | -36% |
| Free cash flow | $33.7M | +51% | -37% |
What changed
Revenue was $186.2M in Q3 FY25, up 8% year over year and down 11% from the previous quarter. Hard Parts Segment was the largest line at 94% of revenue. Hard Parts Segment added $13.3M year over year (up 8%), 93% of the total change.
Gross margin was 24.1%, up 6.6 points from a year earlier. Operating profit was $17.6M, a 9.4% margin (up 3.9 points year over year). Of the extra revenue versus a year earlier, 56% reached operating profit, above the 6% margin then. Operating expenses grew 33% against revenue growth of 8%. Net earnings were $2.3M. The effective tax rate was 32.7%.
Operating cash flow was $34.4M (down 36% year over year), 1500% of net earnings. Non-cash charges added back $2.5M of depreciation and amortization and $1.0M of share-based compensation. Working capital and other items added $28.5M. Capital expenditures of $669K left free cash flow of $33.7M.
Questions
What was Motorcar Parts of America's revenue in the third quarter fiscal 2025?
Motorcar Parts of America (MPAA) reported revenue of $186M for the third quarter fiscal 2025 (Q3 FY25), +8% from a year earlier and -11% from the quarter before.
Was Motorcar Parts of America profitable in the third quarter fiscal 2025?
Operating profit was $17.6M (9.4% of revenue) and net earnings $2.3M.