Motorcar Parts of America, Inc.: financial statements

MPAANASDAQConsumer cyclical · Motor Vehicle Parts & Accessories

Price

$7.62

November 13, 2026Market cap $144M

What Ploutos Investor adds for Motorcar Parts of America

Part of Ploutos Investor, €9.99 a month

See the plans
  • The full history: 17 fiscal years, from FY2010
  • The estimated fair value, with its range and its certainty
  • The full analysis, 18 a month
  • More questions to the chat on its filings
  • Excel with every year
  • An email when it reports, changes its dividend or an officer buys

Sign in with a free account to see the last 5 fiscal years.

Financial statements

Each fiscal year's income statement, balance sheet and cash flow as the company filed them, and the latest quarters.

FY2024–FY2026 fiscal years

Click a line to see it on the chart.

Revenue

LineFY2024FY2025FY2026Average a year
Revenue $718M$757M$790M
Cost of revenue $585M$604M$630M
Gross profit $133M$154M$160M
Operating income $46M$40M$66M
Net income -$49M-$19M$12M
Earnings per share -$2.51-$0.99$0.62
Earnings per share, basic -$2.51-$0.99$0.64
Margins
Gross margin 18.5%20.3%20.2%
Operating margin 6.4%5.3%8.3%
Net margin -6.9%-2.6%1.6%

Financial statements

MPAA's revenue, profits and cash flows from FY2010 to FY2023, 14 more fiscal years

Part of Ploutos Investor, €9.99 a month

See the plans

Sign in with a free account to see the last 5 fiscal years.

Amounts are in dollars as the company filed them in its annual reports (10-K or 20-F). Those reporting in another currency are converted at each fiscal year-end rate. Shares and earnings per share are adjusted for splits.

Debt and obligations

What the company owes beyond the loans on its balance sheet, and when it pays, from the notes to its annual report: debt maturities, leases, pension plans, goodwill by segment, and how it gets to the tax it pays.

$70M Leases38.9% Effective tax rate

Leases

Mar 31, 2026

Operating leases

$66M

Finance leases

$4.5M

The liability is the present value of the rent still to pay, at March 31, 2026. It is not counted in the ladder's debt. The filing

Goodwill by segment

Mar 31, 2026

Total goodwill

$3.2M

  • Hard Parts Segment Member$2.6M80%

Goodwill is what the company paid in acquisitions above the value of what it bought, at March 31, 2026. If an acquisition earns less, the goodwill is impaired and earnings fall. The filing

$3.2MTotal goodwill

From the statutory to the effective tax rate, FY2026

Mar 31, 2026

Statutory rate

21.0%

Effective rate

38.9%

+17.9 pts

The company paid 38.9% in tax on its profit, 17.9 points above the US federal rate (21.0%). Below, the reasons it gives.

Statutory rate

21.0%

Foreign rate differential · Mexico

+7.4 pts

Difference the filing does not itemize

+10.5 pts

Effective rate

38.9%

One point is 1% of profit before tax. The lines are as the company states them in the notes to its annual report. The filing

Earnings quality

How the reported earnings were made, read from the filings. A description, not a score: our tests found no link between these measures and later share returns.

Receivables and inventory against sales

In the quarter to Sep 30, 2026, sales were -23.6% on the same quarter a year earlier, and receivables -23.1%. Inventory was +11.4%, against -28.2% for the cost of sales.

  • Days of cost in inventory rose more than at nine in ten S&P 500 companies.
a year earlier 43 days
43 days
a year earlier 190 days
295 days

Balances at Sep 30, 2026 and Sep 30, 2025, against the sales and cost of sales of the quarter ending on each date; a fourth quarter is the fiscal year less its first nine months. Same quarter against same quarter, so the season is the same.

Allowance for doubtful accounts

The allowance for receivables that may not be collected was 0.7% of gross receivables at Sep 30, 2026, against 0.3% a year earlier.

a year earlier $274.0K
$567.0K

Taxes: deferred and paid

The deferred part was 7.0% of the tax charge in the year to Mar 31, 2026. The rows show the last 3 years.

Cash taxes paid were 110.3% of the current tax charge in the year to Mar 31, 2026.

Deferred share, year to Mar 31, 2026$548.0K of $7.9M
7.0%
Deferred share, year to Mar 31, 2025-$1.8M of $3.8M
-47.7%
Deferred share, year to Mar 31, 2024$30M of $36M
81.7%
$8.1M paid, $7.3M current
110.3%

When profit in the accounts runs ahead of taxable profit, the deferred part grows. It also moves for reasons unrelated to how earnings are booked: tax-law changes, the use of past losses, and the US rule since 2022 that spreads research costs over five years. Where the notes report it, the tax-rate bridge under Debt and obligations shows how the rate gets from the statutory one to the effective one.

The earnings per share split is not shown: it needs a profit before tax in both years, since a tax rate on a loss has no meaning as a source.

A reading is called out when it is above the 90th percentile of the same reading across the S&P 500, or, for a fall, below the 10th, as measured on 9 November 2026. Each part uses only the company's own filings.

The full analysis

What do Motorcar Parts of America's filings show?

These are Motorcar Parts of America's figures from its filings. The full Ploutos AI analysis reads everything the company has filed and shows what stands behind it, with a source for every figure.

  • A fair value range built from the filings
  • Earnings quality, debt and red flags
  • Insider and institutional moves
  • The case for and the case against

Questions about MPAA's financials

Didn't find what you were looking for?

Ask us
How much revenue did MPAA have in FY2026?

Motorcar Parts of America had revenue of $790M and net income of $12M in fiscal FY2026, a net margin of 1.6%.

How much debt does MPAA have?

On March 31, 2026 Motorcar Parts of America had total assets of $1.0B, debt of $39M and shareholders' equity of $266M.

How much free cash flow does MPAA have?

In fiscal FY2026 Motorcar Parts of America had cash from operations of $19M and spent $3.7M on capital expenditure, leaving $15M of free cash flow.

Where are the figures from?

From Motorcar Parts of America, Inc.'s annual and quarterly reports to the SEC, read from the structured data (XBRL) it files itself.

Related pages

The other pages on US stocks, free to read. On the company pages, the last three fiscal years are open to everyone, five with a free account, and every year with Ploutos Investor.

The figures come from the company's SEC filings and the share price, and describe what it has reported. They are not a score or a fair value.