Filing Flows › Standard Motor Products (SMP) › Q1 2026
Standard Motor Products (SMP) Q1 2026 earnings results (first quarter 2026)
10-Q filed Apr 30, 2026
Standard Motor Products (SMP) reported revenue of $451M for the first quarter 2026 (Q1 2026), +9% from a year earlier and +17% from the quarter before. Operating margin was 7.6%, net earnings $17.3M (3.8% of revenue).
Standard Motor Products, Q1 2026: revenue $451M (+9% year over year), operating margin 7.6%, net earnings $17.3M, operating cash flow −$41.9M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $451M | +17% | +9% |
| Gross profit | $139M | +14% | +12% |
| Operating profit | $34.1M | +58% | +39% |
| Net earnings | $17.3M | +113% | +36% |
| Operating cash flow | −$41.9M | — | — |
What changed
Revenue was $451.2M in Q1 2026, up 9% year over year and up 17% from the previous quarter.
Gross margin was 30.8%, up 0.7 points from Q1 2025. Operating profit was $34.1M, a 7.6% margin (up 1.6 points year over year). Of the extra revenue versus Q1 2025, 25% reached operating profit, above the 6% margin then. Operating expenses grew 5% against revenue growth of 9%. Net earnings were $17.1M, up 36% year over year. The effective tax rate was 28.3%.
Operating cash flow was −$41.9M. Non-cash charges added back $11.3M of depreciation and amortization and $3.0M of share-based compensation. Working capital and other items used $73.5M. Capital expenditures of $6.7M exceeded it, leaving free cash flow of −$48.7M.
Questions
What was Standard Motor Products' revenue in the first quarter 2026?
Standard Motor Products (SMP) reported revenue of $451M for the first quarter 2026 (Q1 2026), +9% from a year earlier and +17% from the quarter before.
Was Standard Motor Products profitable in the first quarter 2026?
Operating profit was $34.1M (7.6% of revenue) and net earnings $17.3M.