Filing Flows › CarParts.com (PRTS) › Q1 2025
CarParts.com (PRTS) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 13, 2025
CarParts.com (PRTS) reported revenue of $147M for the first quarter 2025 (Q1 2025), -11% from a year earlier and +10% from the quarter before. Operating margin was -10.3%, net loss $15.3M (10.4% of revenue).
CarParts.com, Q1 2025: revenue $147M (-11% year over year), operating margin -10.3%, net loss $15.3M, operating cash flow $5.5M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $147M | +10% | -11% |
| Operating profit | −$15.1M | — | — |
| Net earnings | −$15.3M | — | — |
| Operating cash flow | $5.5M | +207% | +51% |
| Free cash flow | $3.4M | — | — |
What changed
Revenue was $147.4M in Q1 2025, down 11% year over year and up 10% from the previous quarter.
Gross margin was 32.1%, down 0.3 points from a year earlier. Operating costs exceeded revenue by $15.1M, an operating margin of -10.3%. Operating expenses grew 3% against a revenue fall of 11%. The quarter ended with a net loss of $15.3M, narrower than the previous quarter's $15.4M loss.
Operating cash flow was $5.5M (up 51% year over year). Non-cash charges added back $5.5M of depreciation and $2.9M of share-based compensation. Working capital and other items added $12.4M. Capital expenditures of $2.1M left free cash flow of $3.4M.
Questions
What was CarParts.com's revenue in the first quarter 2025?
CarParts.com (PRTS) reported revenue of $147M for the first quarter 2025 (Q1 2025), -11% from a year earlier and +10% from the quarter before.
Was CarParts.com profitable in the first quarter 2025?
Operating loss was $15.1M (-10.3% of revenue) and net loss $15.3M.
Source: CarParts.com 10-Q on SEC EDGAR.