PRTS Q3 FY2026 earnings: results, stock reaction and implied move

Reported results

Net sales increased 1.2% year-over-year to $129.3 million compared to $127.8 million in the year-ago quarter.
Gross profit was $43.2 million with a gross margin of 33.4%, compared to gross profit of $42.3 million in the year-ago quarter.
GAAP net loss was ($4.1) million, or ($0.53) per share, compared to a net loss of ($10.9) million, or ($1.87) per share in the year-ago quarter.
Non-GAAP Adjusted EBITDA was $1.0 million compared to ($2.5) million in the year-ago quarter.
Total GAAP operating expenses were $47.0 million compared to $52.3 million in the year-ago quarter.
Cash balance was $33.8 million with no revolver borrowings and inventory of $76.9 million as of October 3, 2026.

Per share and share amounts reported were retroactively updated for the effect of the 10-to-1 reverse stock split that occurred in May 2026.

The figures above come from the earnings release the company filed with the SEC on 2026-10-29 (8-K, Item 2.02). Read the original filing on sec.gov.