CarParts.com posts Q1 2026 net loss of $1.9M but achieves first positive adjusted EBITDA since 2024.

CarParts.com reported a 10% drop in Q1 2026 sales to $132 million, driven by reduced marketing spend to improve profitability. Despite a net loss of $1.9 million, the company achieved its first positive adjusted EBITDA of $0.6 million since Q1 2024, reflecting improved cost management and operational efficiencies. Key initiatives include expanding product offerings on Amazon, launching a Mastercard, and enhancing AI-driven customer experience and logistics. The company ended the quarter with $38 million in cash and no revolver debt, signaling financial stability as it focuses on growth and operational improvements.