Genuine Parts Co reported second-quarter 2026 results with revenue climbing to $6.54B, while net income fell to $227.56M and diluted EPS declined to $1.65 versus the prior-year quarter.
Financial Highlights
| MetricCurrent quarterPrior year quarterYoY change | Revenue¹$6.54B$6.16B6% | Net income²$227.56M$254.88M(10.7%) | Diluted EPS³$1.65$1.83(9.8%) |
¹ Reported as “Net sales”. ² Reported as “Net income”. ³ Reported as “Diluted earnings per share”.
Business Highlights
- Revenue growth of about 6% for the quarter (approximately 6.4% year-to-date) was driven by comparable sales, acquisitions and favorable foreign-exchange movements.
- Comparable sales improved sequentially across North America, International and Industrial businesses.
- Pricing, sourcing and restructuring initiatives expanded gross margins and supported adjusted EBITDA gains.
- The company initiated a planned separation into Global Automotive and Global Industrial, targeting completion in Q1 2027 and incurring separation-related costs.
- Management continues to focus on supply-chain modernization, targeted cost controls and restructuring to offset inflationary pressures.
Original SEC Filing:
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