Standard Motor Products, Inc. · NYSE:SMP
Standard Motor Products — Q1 2026 Earnings Presentation
14 slides from Standard Motor Products's earnings presentation, Apr 30, 2026
Slide 1: Standard Motor Products, Inc. 1st Quarter 2026 Earnings Call
Standard Motor Products, Inc. 1st Quarter 2026 Earnings Call | April 30, 2026
Slide 2: Safe Harbor – Forward Looking Statements
Safe Harbor – Forward Looking Statements You should be aware that except for historical information, the matters discussed herein are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward looking statements, including projections and anticipat
Slide 3: Agenda
Agenda ❖Welcome & Introduction Tony Cristello, VP Investor Relations ❖Overview & Market Trends Eric Sills, CEO ❖Financial Results & Balance Sheet Nathan Iles, CFO ❖Final Comments Eric Sills, CEO ❖Q&A All Standard Motor Products, Inc. | Q1 2026 Earnings 3
Slide 4: Q1 P&L Summary – Segments
Q1 P&L Summary – Segments(1) (In millions) THREE MONTHS ENDED MARCH 31, 2026 2025 Vehicle Control Revenue $ 213.8 $ 192.3 Gross Margin 68.2 31.9% 62.2 32.3% Selling, General & Administrative 40.9 19.1% 37.4 19.5% Factoring Expenses 7.1 3.3% 6.4 3.3% Operating Income $ 20.2 9.4% $ 18.3 9.5% Adjusted
Slide 5: Q1 P&L Summary – Segments
Q1 P&L Summary – Segments(1) (In millions) THREE MONTHS ENDED MARCH 31, 2026 2025 Nissens Automotive Revenue $ 74.4 $ 66.2 Gross Margin 32.1 43.1% 27.8 42.1% Selling, General & Administrative 24.2 32.5% 20.3 30.6% Operating Income $ 7.9 10.6% $ 7.6 11.5 % Adjusted EBITDA $ 9.3 12.5% $ 11.5 17.3% Eng
Slide 6: Q1 P&L Summary – Consolidated
Q1 P&L Summary – Consolidated(1) (In millions, except per share amounts) THREE MONTHS ENDED MARCH 31, 2026 2025 Consolidated Results Revenue $ 451.2 $ 413.4 Gross Margin 139.2 30.8% 129.3 31.3% Selling, General & Administrative 95.7 21.2% 90.0 21.8% Factoring Expenses 9.1 2.0% 9.3 2.2% Operating Inc
Slide 7: Balance Sheet & Cash Flow Highlights
Balance Sheet & Cash Flow Highlights (In millions) MARCH 31, DECEMBER 31, 2026 2025 2025 Working Capital Stats Accounts Receivable, Net $ 313.0 $ 280.8 $ 232.0 Inventories $ 726.3 $ 658.7 $ 727.9 Cash Flow Stats (YTD) Operating cash flows $ (41.9) $ (60.2) $ 57.4 Capex $ (6.7) $ (9.1) $ (38.7) Divid
Slide 8: 2026 Guidance
2026 Guidance Full Year Outlook* Sales Growth Low to mid single digits Adjusted EBITDA % 11% to 12% Interest Expense Approximately $30 million Income Tax Rate Approximately 27.5% to 28% Depreciation & Amortization $45 to $50 million Total Operating Expenses Approximately $106 to $114 million per qua
Slide 9: Q&A Session
Q&A Session Standard Motor Products, Inc. | Q1 2026 Earnings 9
Slide 10: Appendix
Appendix Standard Motor Products, Inc. | Q1 2026 Earnings 10
Slide 11: Reconciliation of GAAP and Non-GAAP Measures
Reconciliation of GAAP and Non-GAAP Measures (In thousands, except per share amounts; unaudited) THREE MONTHS ENDED MARCH 31, 2026 2025 Earnings from Continuing Operations Attributable To SMP GAAP Earnings from Continuing Operations $ 18,321 $ 13,705 Restructuring Expenses 366 673 Acquisition & Inte
Slide 12: Reconciliation of GAAP and Non-GAAP Measures
Reconciliation of GAAP and Non-GAAP Measures (In thousands; unaudited) THREE MONTHS ENDED MARCH 31, 2026 2025 Operating Income GAAP Operating Income $ 34,093 $ 24,462 Restructuring Expenses 366 673 Acquisition & Integration Expenses 2 5,147 Other Income, Net (123) (258) LAST TWELVE MONTHS ENDED YEAR
Slide 13: Reconciliation of GAAP and Non-GAAP Measures
Reconciliation of GAAP and Non-GAAP Measures THREE MONTHS ENDED MARCH 31, 2026 (In thousands, unaudited) Temperature Nissens Engineered Vehicle Control Control Automotive Solutions All Other Consolidated Operating Income GAAP Operating Income (Loss) $ 19,613 $ 10,843 $ 7,873 $ 1,822 $ (6,058) $ 34,0
Slide 14: Reconciliation of GAAP and Non-GAAP Measures
Reconciliation of GAAP and Non-GAAP Measures THREE MONTHS ENDED MARCH 31, 2025 (In thousands, unaudited) Temperature Nissens Engineered Vehicle Control Control Automotive Solutions All Other Consolidated Operating Income GAAP Operating Income (Loss) $ 17,782 $ 7,900 $ 2,587 $ 3,176 $ (6,983) $ 24,46
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