CarParts.com, Inc 8-K, filed Oct 29, 2026

CarParts.com, Inc. (PRTS)

8-K 2026-10-29 For: 2026-10-29

Added on October 29, 2026

About this 8-K

CarParts.com, Inc filed this 8-K on October 29, 2026.

CarParts.com, Inc. reported third-quarter net sales increased 1.2% to $129.3 million, net loss narrowed to ($4.1) million from ($10.9) million, and Adjusted EBITDA reached $1.0 million versus ($2.5) million for the quarter ended October 3, 2026. AI summary

Items reported

Item 2.02: Financial results
Item 9.01: Financial statements and exhibits

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Delaware	001-33264	68-0623433
(State or other jurisdiction of incorporation)	(Commission File Number)	(IRS Employer Identification No.)


Exhibit No.		Description
99.1		Press Release, dated October 29, 2026, of CarParts.com, Inc.

104		Cover Page Interactive Data File – the cover page interactive data file does not appear in the Interactive Data File because its XBRL tags are embedded within the Inline XBRL document.



Dated: October 29, 2026	CARPARTS.COM, INC.


	By:	/s/ Mark DiSiena
	Name:	Mark DiSiena
	Title:	Interim Chief Financial Officer


	Thirteen Weeks Ended			Thirteen Weeks Ended			Thirty-Nine Weeks Ended			Thirty-Nine Weeks Ended
	October 3, 2026			September 27, 2025			October 3, 2026			September 27, 2025
Net sales	$	129.33		$	127.77		$	396.93		$	427.10
Gross profit	$	43.18		$	42.27		$	131.18		$	139.40
		33.4	%		33.1	%		33.0	%		32.6	%
Operating expense	$	46.95		$	52.31		$	141.23		$	177.00
		36.3	%		40.9	%		35.6	%		41.4	%
Net loss	$	(4.11)		$	(10.89)		$	(9.27)		$	(38.88)
		(3.2)	%		(8.5)	%		(2.3)	%		(9.1)	%
Adjusted EBITDA	$	1.04		$	(2.50)		$	3.39		$	(11.84)
		0.8	%		(2.0)	%		0.9	%		(2.8)	%


	Thirteen Weeks Ended		Thirteen Weeks Ended		Thirty-Nine Weeks Ended		Thirty-Nine Weeks Ended
	October 3, 2026		September 27, 2025		October 3, 2026		September 27, 2025
Net loss	$	(4,107)	$	(10,885)	$	(9,269)	$	(38,879)
Depreciation and amortization		3,790		5,242		12,322		15,702
Amortization of intangible assets		9		13		25		40
Interest expense, net		260		394		655		595
Income tax (benefit) provision		74		59		(1,310)		289
EBITDA	$	26	$	(5,177)	$	2,423	$	(22,253)
Stock compensation expense	$	1,016	$	2,289	$	3,259	$	7,434
Workforce transition costs⁽¹⁾		—		—		—		1,657
Gain on sale of subsidiary⁽²⁾		—		—		(2,292)		—
Strategic alternatives exploration costs⁽³⁾		—		—		—		929
Distribution center costs⁽⁴⁾		—		393		—		393
Adjusted EBITDA	$	1,042	$	(2,495)	$	3,390	$	(11,840)


		Thirteen Weeks Ended						Thirty-Nine Weeks Ended
		October 3,			September 27,			October 3,			September 27,
		2026			2025			2026			2025
Net sales		$	129,331		$	127,769		$	396,932		$	427,096
Cost of sales ⁽¹⁾			86,150			85,494			265,753			287,695
Gross profit			43,181			42,275			131,179			139,401
Operating expense			46,954			52,313			141,227			177,002
Loss from operations			(3,773)			(10,038)			(10,048)			(37,601)
Other income (expense):
Other income, net			161			(203)			711			238
Interest expense			(421)			(585)			(1,242)			(1,227)
Total other expense, net			(260)			(788)			(531)			(989)
Loss before income taxes			(4,033)			(10,826)			(10,579)			(38,590)
Income tax provision (benefit)			74			59			(1,310)			289
Net loss			(4,107)			(10,885)		$	(9,269)		$	(38,879)
Net loss per share:
Basic and diluted net loss per share		$	(0.53)		$	(1.87)		$	(1.23)		$	(6.37)
Weighted-average common shares outstanding:
Shares used in computation of basic and diluted net loss per share			7,697			5,819			7,508			6,107


		October 3,		January 3,
		2026		2026
ASSETS
Current assets:
Cash and cash equivalents		$	33,779	$	25,821
Accounts receivable, net			9,859		7,061
Inventory, net			76,893		95,180
Other current assets			7,638		6,996
Total current assets			128,169		135,058
Property and equipment, net			17,428		20,191
Right-of-use - assets - operating leases, net			15,504		18,586
Right-of-use - assets - finance leases, net			5,292		7,233
Other non-current assets			5,147		3,788
Total assets		$	171,540	$	184,856
LIABILITIES AND STOCKHOLDERS' EQUITY
Current liabilities:
Accounts payable		$	40,261	$	44,884
Accrued expenses			23,850		24,642
Right-of-use - obligation - operating, current			4,958		4,858
Right-of-use - obligation - finance, current			2,005		2,767
Other current liabilities			4,422		4,090
Total current liabilities			75,496		81,241
Convertible notes payable			25,545		25,161
Right-of-use - obligation - operating, non-current			12,180		15,771
Right-of-use - obligation - finance, non-current			4,815		6,082
Other non-current liabilities			—		3,125
Total liabilities			118,036		131,380
Commitments and contingencies (Note 6)
Stockholders’ equity:
Common stock, $0.001 par value; 100,000 shares authorized; 8,070 and 7,005 shares issued and outstanding as of October 3, 2026 and January 3, 2026 (of which 378 are treasury stock)			8		7
Treasury stock			(11,912)		(11,912)
Additional paid-in capital			354,695		344,176
Accumulated other comprehensive income			—		1,223
Accumulated deficit			(289,287)		(280,018)
Total stockholders’ equity			53,504		53,476
Total liabilities and stockholders' equity		$	171,540	$	184,856


		Thirty-Nine Weeks Ended
		October 3,		September 27,
		2026		2025
Operating activities
Net loss		$	(9,269)	$	(38,879)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:
Depreciation and amortization expense			12,322		15,702
Amortization of intangible assets			25		40
Noncash interest expense			384		24
Share-based compensation expense			3,259		7,434
Stock awards issued for non-employee director service			36		40
Gain on sale of subsidiary			(2,292)		—
Amortization of deferred financing costs			419		84
Loss from disposition of assets			—		4
Loss on early lease termination			—		393
Changes in operating assets and liabilities:
Accounts receivable			(2,798)		(1,251)
Inventory			18,287		(3,930)
Other current assets			(1,042)		(113)
Other non-current assets			(1,941)		(486)
Accounts payable and accrued expenses			(5,954)		(5,151)
Other current liabilities			331		(509)
Right-of-use obligation - operating leases - current			607		(150)
Right-of-use obligation - operating leases - long-term			(893)		8
Other non-current liabilities			(1,438)		263
Net cash provided by (used in) operating activities			10,043		(26,477)
Investing activities
Additions to property and equipment			(7,553)		(6,281)
Proceeds from sale of subsidiary			300		—
Net cash used in investing activities			(7,253)		(6,281)
Financing activities
Borrowings from revolving loan payable			97		20,565
Payments made on revolving loan payable			(97)		(20,565)
Proceeds from convertible notes payable			—		25,000
Payments made on finance leases			(2,028)		(2,615)
Net proceeds from issuance of common stock for ESPP			—		154
Proceeds from issuance of common stock			8,000		10,733
Payment of issuance costs - common stock			(54)		(383)
Statutory tax withholding payment for share-based compensation			(157)		(517)