GENUINE PARTS CO is expected to release its Q2 2026 10-Q filing in the upcoming earnings season. Last quarter: GPC reported Q1 2026 revenue of $6.26B (+6.8% YoY) driven by top-line growth, but net income declined 3.0% to $188.5M as SG&A expenses surged 8.6%, compressing profitability despite a modest gross margin improvement.
Drawn from management commentary in the Q1 2026 10-Q:
Revenue grew 6.8% YoY to $6.26B, but SG&A expenses rose faster at 8.6% YoY to $1.86B, indicating that operating leverage is not being achieved and cost discipline remains a challenge heading into the rest of 2026.
Gross margin improved modestly by approximately 28 basis points to 37.33% from 37.06% in the prior year period, suggesting some pricing power or favorable product mix, though the improvement was insufficient to offset higher operating expenses.
Net income fell 3.0% YoY to $188.5M, with diluted EPS declining from $1.40 to $1.37, reflecting the impact of elevated SG&A costs that more than offset gross profit growth of $165.3M (+7.6% YoY).
Revenue
$6.26B
++6.80% YoY
EPS (Basic)
$1.37
-2.14% YoY
Gross Margin
37.3%
++0.28% YoY
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