GPC Achieves Solid Sales Growth in Q1, Maintains Positive Outlook for 2026
Genuine Parts Company announced the results of the first quarter of 2026, posting higher sales across its automotive and industrial businesses than 2025 and maintaining positive expectations for 2026.
The company reported a total of $6.3 billion in sales, a 6.8% increase from last year, and a net income of $189 million, a 2.6% decrease from 2025. GPC also reported a net expense of $56 million related to the costs associated with restrucutring and the planned separation of the Global Automotive and Global Industrial businesses.
The North America Automotive business reported $2.4 billion in sales, a 4.3% increase. The International Automotive Parts Group reported $1.6 billion in sales, which is 13.2% higher than the previous year and primarily attributable to the favorable imapct of foreign currency. The Industrial Parts Group had $2.3 billion in sales, a 5.2% increase.
GPC reaffirmed its 2026 full-year guidance, projecting a total sales growth of 3% to 5.5% by 2027 with similar expectations for North America Automotive.
"The GPC team delivered first quarter results ahead of expectations, driven by solid sales growth and operating discipline across our business segments," said Chair-Elect and Chief Executive Officer Will Stengel. "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."
The full results can be viewed on GPC's website.
