Standard Motor Products, Inc. (NYSE: SMP) announced its financial results for the three and nine months ended September 30, 2026, in a press release filed with the SEC on October 30, 2026. The company reported consolidated net sales of $507.8 million for the third quarter of 2026, a slight increase from the $498.8 million recorded in the same period of 2025.
Adjusted net sales for the third quarter of 2026 were $512.9 million, representing a 2.8% increase compared to the prior year. Earnings from continuing operations for the third quarter of 2026 were $32.6 million, or $1.42 per diluted share, up from $29.8 million, or $1.32 per diluted share, in the third quarter of 2025. On a non-GAAP basis, adjusted diluted earnings per share were $1.54, an increase of 13.2% compared to the prior year.
For the nine months ended September 30, 2026, consolidated net sales totaled $1,460.6 million, compared to $1,406.1 million during the comparable period in 2025. Earnings from continuing operations for the first nine months of 2026 were $82.7 million, or $3.62 per diluted share, compared to $69.8 million, or $3.11 per diluted share, in the prior year.
Adjusted EBITDA for the third quarter of 2026 increased to $66.6 million, up from $61.7 million in the prior year. The company also reported improvements to its balance sheet, with total net debt decreasing to $381.9 million at quarter-end from $510.2 million at the end of the second quarter. This reduction resulted in a net debt leverage ratio of 1.8x, surpassing the company's target to be below 2.0x for fiscal year 2026.
Standard Motor Products reaffirmed its full-year 2026 guidance, projecting low to mid-single digit sales growth and an adjusted EBITDA margin between 11% and 12%. The company also announced that its Board of Directors has approved a quarterly dividend of $0.33 per share on the common stock. The dividend is scheduled to be paid on December 1, 2026, to stockholders of record on November 16, 2026.
