Advance Auto Parts, Inc. (AAP) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 2.61B | 1.97B | 2.04B | 2.01B | 2.58B | 2B | 2.15B | 2.18B | 2.77B | 2.46B | 2.22B | 2.69B | 3.42B | 2.47B | 2.64B | 2.67B | 3.37B | 2.4B | 2.62B | 2.65B |
| Revenue Growth % | 1.2% | -1.15% | -5.21% | -7.71% | -6.82% | -19.02% | -3.16% | -18.91% | -18.89% | -0.36% | -16.02% | 0.77% | 1.29% | 3.2% | 0.77% | 0.6% | 1.32% | 1.35% | 3.12% | 5.92% |
| Cost of Goods Sold | 1.44B | 1.1B | 1.16B | 1.14B | 1.47B | 1.65B | 1.24B | 1.23B | 1.57B | 1.54B | 1.4B | 1.55B | 1.96B | 1.38B | 1.46B | 1.48B | 1.88B | 1.32B | 1.44B | 1.46B |
| COGS % of Revenue | 54.94% | 55.96% | 56.73% | 56.52% | 57.07% | 82.61% | 57.73% | 56.38% | 56.57% | 62.64% | 63.14% | 57.54% | 57.22% | 55.94% | 55.35% | 55.66% | 55.6% | 55.27% | 54.89% | 55.11% |
| Gross Profit | 1.18B | 869M | 881M | 874M | 1.11B | 347.12M | 908M | 950M | 1.2B | 920.96M | 817.57M | 1.14B | 1.46B | 1.09B | 1.18B | 1.18B | 1.5B | 1.07B | 1.18B | 1.19B |
| Gross Margin % | 45.06% | 44.04% | 43.27% | 43.48% | 42.93% | 17.39% | 42.27% | 43.62% | 43.43% | 37.36% | 36.86% | 42.46% | 42.78% | 44.06% | 44.65% | 44.34% | 44.4% | 44.73% | 45.11% | 44.89% |
| Gross Profit Growth % | 6.22% | 150.35% | -2.97% | -8% | -7.89% | -62.31% | 11.06% | -16.7% | -17.64% | -15.51% | -30.67% | -3.51% | -2.42% | 1.67% | -0.27% | -0.62% | 0.89% | -1.07% | 4.78% | 8.44% |
| Operating Expenses | 1.08B | 801M | 826M | 823M | 1.12B | 1.17B | 895M | 896M | 1.15B | 1B | 896.14M | 1.01B | 1.36B | 958.01M | 1.01B | 967.18M | 1.28B | 959.65M | 953.26M | 944.32M |
| OpEx % of Revenue | 41.28% | 40.6% | 40.57% | 40.95% | 43.44% | 58.47% | 41.67% | 41.14% | 41.52% | 40.64% | 40.4% | 37.77% | 39.91% | 38.73% | 38.17% | 36.29% | 38.07% | 40.04% | 36.37% | 35.64% |
| Selling, General & Admin | 1.08B | 801M | 826M | 823M | 1.12B | 1.17B | 895M | 889M | 1.15B | 1B | 896.14M | 1.01B | 1.36B | 958.01M | 1.01B | 967.18M | 1.28B | 959.65M | 953.26M | 944.32M |
| SG&A % of Revenue | 41.28% | 40.6% | 40.57% | 40.95% | 43.44% | 58.47% | 41.67% | 40.82% | 41.52% | 40.64% | 40.4% | 37.77% | 39.91% | 38.73% | 38.17% | 36.29% | 38.07% | 40.04% | 36.37% | 35.64% |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1000K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Income | 99M | 68M | 55M | 51M | -13M | -820M | 13M | 54M | 53M | -80.72M | -78.58M | 125.96M | 97.94M | 132M | 171.02M | 214.74M | 213.72M | 112.46M | 229.2M | 244.93M |
| Operating Margin % | 3.79% | 3.45% | 2.7% | 2.54% | -0.5% | -41.08% | 0.61% | 2.48% | 1.91% | -3.27% | -3.54% | 4.69% | 2.87% | 5.34% | 6.47% | 8.06% | 6.33% | 4.69% | 8.74% | 9.24% |
| Operating Income Growth % | 861.54% | 108.29% | 323.08% | -5.56% | -124.53% | -915.91% | 116.54% | -57.13% | -45.88% | -161.15% | -145.95% | -41.34% | -54.17% | 17.37% | -25.38% | -12.33% | -15.23% | -25.93% | -10.75% | -6.82% |
| EBITDA | 173M | 126M | 123M | 108M | 76M | -745.22M | 79M | 122M | 136M | -9.24M | -34.89M | 196.38M | 190.49M | 200.58M | 237.55M | 277.85M | 299.3M | 177.66M | 288.62M | 302.99M |
| EBITDA Margin % | 6.62% | 6.39% | 6.04% | 5.37% | 2.94% | -37.34% | 3.68% | 5.6% | 4.91% | -0.37% | -1.57% | 7.31% | 5.57% | 8.11% | 8.99% | 10.42% | 8.87% | 7.41% | 11.01% | 11.44% |
| EBITDA Growth % | 127.63% | 116.91% | 55.7% | -11.48% | -44.12% | -7966.9% | 326.4% | -37.88% | -28.61% | -104.61% | -114.69% | -29.32% | -36.35% | 12.9% | -17.69% | -8.3% | -9.13% | -14.99% | -8.23% | -5.16% |
| D&A (Non-Cash Add-back) | 74M | 58M | 68M | 57M | 89M | 74.78M | 66M | 68M | 83M | 71.48M | 43.68M | 70.42M | 92.55M | 68.58M | 66.53M | 63.11M | 85.58M | 65.2M | 59.43M | 58.06M |
| EBIT | 99M | 74M | 38M | 40M | -104M | -806.53M | 2M | 63M | 54M | -74.98M | -78.88M | 127.64M | 97.26M | 143.32M | 165.97M | 200.97M | 196M | 109.67M | 231.01M | 246.07M |
| Net Interest Income | -65M | -53M | -40M | -19M | -27M | -18.91M | -19M | -19M | -25M | -18.06M | -19.38M | -20.87M | -29.72M | -15.95M | -12.04M | -10.21M | -12.87M | -9.71M | -8.59M | -8.31M |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 65M | 53M | 40M | 19M | 27M | 18.91M | 19M | 19M | 25M | 18.06M | 19.38M | 20.87M | 29.72M | 15.95M | 12.04M | 10.21M | 12.87M | 9.71M | 8.59M | 8.31M |
| Other Income/Expense | -64M | -47M | -57M | -30M | -118M | -5.43M | -30M | -10M | -24M | -12.33M | -19.68M | -19.18M | -30.39M | -4.63M | -17.09M | -23.98M | -30.59M | -12.5M | -6.78M | -7.16M |
| Pretax Income | 35M | 21M | -2M | 21M | -131M | -825.44M | -17M | 44M | 29M | -93.05M | -98.26M | 106.78M | 67.55M | 127.37M | 153.93M | 190.76M | 183.13M | 99.97M | 222.42M | 237.76M |
| Pretax Margin % | 1.34% | 1.06% | -0.1% | 1.04% | -5.07% | -41.35% | -0.79% | 2.02% | 1.05% | -3.77% | -4.43% | 3.98% | 1.98% | 5.15% | 5.83% | 7.16% | 5.43% | 4.17% | 8.49% | 8.97% |
| Income Tax | 11M | -9M | -1M | 6M | -155M | -215.91M | 8M | 13M | 12M | -32.54M | -24.07M | 28.2M | 19.22M | 20.68M | 38.05M | 46.36M | 43.34M | 18.3M | 52.61M | 59.07M |
| Effective Tax Rate % | 31.43% | -42.86% | 50% | 28.57% | 118.32% | 26.16% | -47.06% | 29.55% | 41.38% | 34.97% | 24.5% | 26.41% | 28.46% | 16.23% | 24.72% | 24.3% | 23.67% | 18.3% | 23.65% | 24.84% |
| Net Income | 24M | 6M | -1M | 15M | 24M | -414.78M | -6M | 45M | 40M | -60.51M | -62.04M | 78.58M | 48.32M | 106.7M | 115.88M | 144.4M | 139.79M | 81.67M | 169.81M | 178.7M |
| Net Margin % | 0.92% | 0.3% | -0.05% | 0.75% | 0.93% | -20.78% | -0.28% | 2.07% | 1.44% | -2.45% | -2.8% | 2.93% | 1.41% | 4.31% | 4.39% | 5.42% | 4.14% | 3.41% | 6.48% | 6.74% |
| Net Income Growth % | 0% | 101.45% | 83.33% | -66.67% | -40% | -585.47% | 90.33% | -42.73% | -17.22% | -156.71% | -153.54% | -45.58% | -65.43% | 30.64% | -31.76% | -19.19% | -24.82% | -27.08% | 15.15% | -5.93% |
| Net Income (Continuing) | 24M | 30M | -1M | 15M | 24M | -609.53M | -25M | 31M | 17M | -60.51M | -74.19M | 78.58M | 48.32M | 106.7M | 115.88M | 144.4M | 139.79M | 81.67M | 169.81M | 178.7M |
| Discontinued Operations | 0 | -1000K | 0 | 0 | 0 | 1000K | 1000K | 1000K | 1000K | 0 | 1000K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 0.39 | 0.10 | -0.02 | 0.25 | 0.40 | -6.94 | -0.10 | 0.75 | 0.67 | -0.59 | -1.05 | 1.32 | 0.81 | 1.79 | 1.84 | 2.38 | 2.26 | 1.30 | 2.68 | 2.74 |
| EPS Growth % | -2.5% | 101.42% | 83.3% | -66.67% | -40.3% | -1076.27% | 90.48% | -43.18% | -17.28% | -132.96% | -157.07% | -44.54% | -64.16% | 37.69% | -31.34% | -13.14% | -19.57% | -21.21% | 25.82% | 0% |
| EPS (Basic) | 0.40 | 0.10 | -0.02 | 0.25 | 0.40 | -6.94 | -0.10 | 0.76 | 0.67 | -0.59 | -1.05 | 1.32 | 0.81 | 1.80 | 1.85 | 2.39 | 2.28 | 1.31 | 2.70 | 2.76 |
| Diluted Shares Outstanding | 60.9M | 60.8M | 60M | 60.5M | 60.2M | 59.74M | 59.9M | 59.91M | 59.84M | 59.67M | 59.47M | 59.6M | 59.54M | 59.62M | 60.38M | 60.78M | 61.73M | 62.84M | 63.35M | 65.21M |
| Basic Shares Outstanding | 60.1M | 60M | 60M | 59.9M | 60M | 59.74M | 59.68M | 59.63M | 59.56M | 59.5M | 59.47M | 59.45M | 59.33M | 59.33M | 60.05M | 60.45M | 61.73M | 62.27M | 62.85M | 64.75M |
| Dividend Payout Ratio | 125% | 250% | - | 100% | 62.5% | - | - | 33.23% | 37.41% | - | - | 114.36% | 185.19% | - | 78.21% | 62.88% | 110.73% | - | 37.07% | 36.28% |