---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-23-052253"
form_type: "8-K"
ticker: "MPAA"
cik: "0000918251"
company_name: "MOTORCAR PARTS OF AMERICA INC"
filed_at: "2023-11-09T23:59:59+00:00"
generated_at: "2026-06-08T08:23:50.658671+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Motorcar Parts of America reports record Q2 sales $196.6M; net loss narrows to $2.0M

## Summary
- Net sales $196.6M, up 14.0% YoY; record gross profit $41.1M, up 55.2%.
- Net loss improved to $2.0M ($0.10/share) from $6.5M ($0.34/share) a year ago.
- Cash from operating activities ~$15M; used liquidity to pay down $11.25M term loan.
- Gross margin expanded to 20.9% from 15.4% on higher volume and price increases.
- Interest expense rose $6.1M to $15.4M due to higher market rates.

## SEC filing metadata
- accession: 0001140361-23-052253
- form_type: 8-K
- ticker: MPAA
- cik: 0000918251
- company_name: MOTORCAR PARTS OF AMERICA INC
- filed_at: 2023-11-09T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/918251/000114036123052253/0001140361-23-052253-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/918251/000114036123052253/ef20014092_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-23-052253
- JSON: https://secwatch.observer/filing/0001140361-23-052253.json
- Plain text: https://secwatch.observer/filing/0001140361-23-052253.txt

## Key facts
- Earnings Releases
  MOTORCAR PARTS OF AMERICA INC reported the fiscal 2024 six-month period ended September 30, 2023 results: revenue $356.3 million, net income $3.4 million, EPS $0.17 per share.
  - Period: the fiscal 2024 six-month period ended September 30, 2023
  - Revenue: $356.3 million
  - Net income: $3.4 million
  - EPS: $0.17 per share
  - Result: reported results
  source text: Net sales for the fiscal 2024 six-month period increased 5.9 percent to a record $356.3 million from $336.5 million. Net loss for the fiscal 2024 six-month period improved to $3.4 million, or $0.17 per share, from a net loss of $6.7 million, or $0.35 per share, a year ago.
  evidence_url: https://www.sec.gov/Archives/edgar/data/918251/000114036123052253/0001140361-23-052253-index.htm
- Earnings Releases
  MOTORCAR PARTS OF AMERICA INC reported the fiscal 2024 second quarter ended September 30, 2023 results: revenue $196.6 million, net income $2.0 million, EPS $0.10 per share.
  - Period: the fiscal 2024 second quarter ended September 30, 2023
  - Revenue: $196.6 million
  - Net income: $2.0 million
  - EPS: $0.10 per share
  - Result: reported results
  source text: Net sales for the fiscal 2024 second quarter increased 14.0 percent to a record $196.6 million from $172.5 million in the prior year. Net loss for the fiscal 2024 second quarter improved to $2.0 million, or $0.10 per share, from a net loss of $6.5 million, or $0.34 per share, a year ago.
  evidence_url: https://www.sec.gov/Archives/edgar/data/918251/000114036123052253/0001140361-23-052253-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.