Motorcar Parts of America, Inc. reported financial results for its fiscal 2026 fourth quarter and year ended March 31 – reflecting solid sales, gross profit and net income for both periods.Net 4Q sales in increased 9.9% to $212.3 million.
Gross profit increased 30.9% in Q4 to $50.4 million. Gross margin increased to 23.7% from 19.9%. Operating income increased 29.4% to $21.1 million. Net income was $9.7 million compared with net loss of $722,000 in the prior year.
“Notwithstanding some head winds in fiscal 2026, including a large customer’s ordering activity, we ended the year with a strong quarter and with significant new business commitments and opportunities which will phase in throughout fiscal 2027,” said Selwyn Joffe, chairman, president and chief executive officer.
Joffe highlighted the company’s commitment to enhancing shareholder value. He reemphasized the company’s significant new business commitments and opportunities in North America, its focus on profitability and neutralizing working capital, and the benefits of a strong financial position.
