Genuine Parts

GPC Q1 2026 Earnings

Reported Apr 21, 2026 at 7:21 AM ET · SEC Source

Q1 26 EPS

$1.77

Q1 26 Revenue

$6.26B

Did GPC Beat Earnings? Q1 2026 Results

Genuine Parts Company posted a solid start to fiscal 2026, reporting first-quarter adjusted earnings of $1.77 per diluted share on revenue of $6.26 billion, results management characterized as ahead of expectations. Total sales climbed 6.8% year-over… Read more Genuine Parts Company posted a solid start to fiscal 2026, reporting first-quarter adjusted earnings of $1.77 per diluted share on revenue of $6.26 billion, results management characterized as ahead of expectations. Total sales climbed 6.8% year-over-year, fueled by a 2.4% gain in comparable sales, a 1.3% contribution from acquisitions, and a 3.1% net tailwind from foreign currency and other factors. The standout driver was the Industrial segment, which grew sales 5.2% and expanded its EBITDA margin by 90 basis points to 13.6%, while North America Automotive also contributed with 4.3% growth. GAAP net income dipped modestly to $188.53 million from $194.39 million a year ago, weighed down by $75.27 million in pre-tax restructuring and separation costs tied to the company's planned split into two independent publicly traded entities, targeted for completion in early 2027. Against that transitional backdrop, GPC reaffirmed its full-year outlook, maintaining adjusted diluted EPS guidance of $7.50 to $8.00 and total sales growth of 3% to 5.5%, while acknowledging tariff pressures and geopolitical uncertainty as key variables to watch.

Key Takeaways

  • 2.4% comparable sales growth across the business
  • 1.3% benefit from acquisitions
  • 3.1% net favorable impact of foreign currency and other
  • Industrial segment delivered 3.9% comparable sales growth with 90 basis point EBITDA margin expansion
  • North America Automotive comparable sales up 2.2% with 10 basis point margin improvement
  • Operating discipline across business segments

GPC Forward Guidance & Outlook

GPC reaffirmed its full-year 2026 guidance: total sales growth of 3% to 5.5%, North America Automotive sales growth of 3% to 5%, International Automotive sales growth of 3% to 6%, Industrial sales growth of 3% to 6%, GAAP diluted EPS of $6.10 to $6.60, adjusted diluted EPS of $7.50 to $8.00, effective tax rate of approximately 24%, net cash provided by operating activities of $1.0 billion to $1.2 billion, capital expenditures of $450 million to $500 million, and free cash flow of $550 million to $700 million. The company considered recent business trends, current growth plans, strategic initiatives, global economic outlook, geopolitical conflicts, and the potential impact of tariffs on results.

24/7 Wall St

GPC YoY Financials

Q1 2026 vs Q1 2025, source: SEC Filings

24/7 Wall St

GPC Revenue by Segment

With YoY comparisons, source: SEC Filings

Q1 25 Q1 26

“The GPC team delivered first quarter results ahead of expectations, driven by solid sales growth and operating discipline across our business segments. Our performance reflects the strength and resilience of our businesses despite a dynamic global environment. We are simultaneously making strong progress on our announced separation which remains on track for completion in the first quarter of 2027.”

— Will Stengel, Q1 2026 Earnings Press Release