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Advance Auto Parts AAP Reportable — Cost of Goods Sold

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Other financials

Income statement

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Revenue$2.6B+1.2%
Gross profit$1.2B+6.4%
Operating income$69.0M+153%
Net income$24.0M0.0%
EPS (diluted)$0.39-2.5%

Balance sheet

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Cash & equivalents$3.0B+76.8%
Total debt$5.2B+42.4%
Total equity$2.2B+0.7%
Total assets$11.8B+11.1%

Cash flow

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Operating cash flow-$19.0M+87.8%
CapEx$56.0M+33.3%
Free cash flow-$75.0M+62.1%

Valuation

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Market cap$3.49B-3.5%
Enterprise value$5.77B+2.8%
P/E79.4×
P/S0.4×0.0×

Profitability

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Gross margin44.1%+6.8pp
Operating margin-10.5%
Net margin0.5%+0.3pp
FCF margin-5.2%-13.9pp

Returns & leverage

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Return on equity2%+1.1pp
Debt / equity2.4×+0.7×
Current ratio1.8×+0.5×

Where this comes from

Reported directly by Advance Auto Parts in its filing.

Tagged under the XBRL concept us-gaap:CostOfGoodsAndServicesSold.

The source filing: Advance Auto Parts’s 10-Q, filed May 21, 2026.

Filed
May 21, 2026, 4:02 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q2 2026
Accession
0001193125-26-234388
Line itemSixteen Weeks Ended / April 25, 2026Sixteen Weeks Ended / April 19, 2025
Net sales$2,614$2,583
Less:
Cost of sales1,4341,474
Selling, general and administrative expenses(1)1,0211,085
Restructuring and related expenses32118
Depreciation and amortization expense(2)5837
Interest expense6527
Other segment items(3)(31)(27)

ITEM 1. CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

FAQ

What is Advance Auto Parts's reportable — cost of goods sold?
Advance Auto Parts (AAP) reported reportable — cost of goods sold of $1.43B in Q1 2026.
How has Advance Auto Parts's reportable — cost of goods sold changed year-over-year?
Advance Auto Parts's reportable — cost of goods sold decreased by 2.7% year-over-year, from $1.47B to $1.43B.
What is the long-term trend for Advance Auto Parts's reportable — cost of goods sold?
Over 2 years (2023 to 2025), Advance Auto Parts's reportable — cost of goods sold has grown at a 8.9% compound annual growth rate (CAGR), from $5.35B to $6.34B.
What does reportable — cost of goods sold mean?
Reflects the direct costs attributable to the production and procurement of the automotive parts and services sold by the segment. It includes inventory acquisition costs, freight, and direct labor, serving as a key measure of supply chain efficiency and product margin management.

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