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Standard Motor Products SMP Contract Liabilities and Refund Liability

Contract Liabilities and Refund Liability at other companies

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Other financials

Income statement

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Revenue$451.2M+9.1%
Gross profit$139.2M+11.6%
Operating income$34.1M+39.4%
Net income$17.1M+36.4%
EPS (diluted)$0.75+33.9%

Balance sheet

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Cash & equivalents$59.2M+17.8%
Total debt$770.9M0.0%
Total equity$693.3M+8.7%
Total assets$2.0B+6.3%

Cash flow

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Operating cash flow-$41.9M+30.4%
CapEx$6.7M-26.2%
Free cash flow-$48.7M+29.8%

Valuation

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Market cap$877.84M+32.0%
Enterprise value$1.59B+14.7%
P/E19.1×-0.8×
P/S0.5×0.0×

Profitability

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Gross margin31.4%+1.7pp
Operating margin8%+2.1pp
Net margin2.5%+0.3pp
FCF margin6.2%

Returns & leverage

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Return on equity6.9%+1.7pp
Debt / equity1.1×-0.1×
Current ratio2.2×-0.1×

Where this comes from

Reported directly by Standard Motor Products in its filing.

Tagged under the XBRL concept us-gaap:CustomerRefundLiabilityCurrent.

The official record: Standard Motor Products’s 10-Q, filed April 30, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Standard Motor Products's contract liabilities and refund liability?
Standard Motor Products (SMP) reported contract liabilities and refund liability of $75.92M in Q1 2026.
How has Standard Motor Products's contract liabilities and refund liability changed year-over-year?
Standard Motor Products's contract liabilities and refund liability increased by 3.9% year-over-year, from $73.05M to $75.92M.
What is the long-term trend for Standard Motor Products's contract liabilities and refund liability?
Over 4 years (2021 to 2025), Standard Motor Products's contract liabilities and refund liability has grown at a 18.8% compound annual growth rate (CAGR), from $42.47M to $84.49M.
What does contract liabilities and refund liability mean?
This captures deferred revenue and obligations to provide future goods or services for which payment has already been received, alongside estimated liabilities for potential refunds. It serves as a measure of performance obligations that have not yet been satisfied under customer contracts. Tracking this helps investors understand the timing of future revenue recognition and potential cash outflows related to customer claims.