Advance Auto Parts, Inc. (AAP) Income Statement
AAP 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsAAP revenue and net income
Where AAP's revenue goes
2025Each bar shows an amount and its share of revenue. AAP kept 0.5% of revenue as net income.
AAP profit margins
AAP growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | −5.4% | −2.0% | −3.2% | −1.2% |
| Gross profit | +9.5% | −4.1% | −3.6% | −1.7% |
| Operating income | — | −32.5% | −26.5% | −15.1% |
| Net income | — | −54.4% | −38.3% | −21.1% |
| EPS (diluted) | +1,025.0% | −44.3% | −23.4% | −11.7% |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
AAP quarterly EPS vs estimates
Advance Auto Parts beat the analyst EPS estimate in 7 of the last 8 quarters. Next report: November 5, 2026 (estimate $0.79).
AAP income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $8.60B | $9.09B | $9.21B | $9.15B | $11.00B | $10.11B | $9.71B | $9.58B | $9.37B | $9.57B |
| Cost of revenue | $4.87B | $5.68B | $5.35B | $4.92B | $6.07B | $5.62B | $5.45B | $5.36B | $5.29B | $5.31B |
| Gross profit | $3.73B | $3.41B | $3.86B | $4.23B | $4.92B | $4.48B | $4.25B | $4.22B | $4.09B | $4.26B |
| Research & development | — | — | — | — | — | — | — | $0 | $0 | $0 |
| Sales, general & admin | $3.57B | $3.81B | $4.26B | $4.08B | $4.09B | $3.73B | $3.58B | $3.62B | $3.51B | $3.47B |
| Total operating expenses | $3.57B | $3.81B | $3.81B | $3.71B | $4.10B | $3.73B | $3.58B | $3.62B | $3.51B | $3.47B |
| Operating income | $161.0M | −$404.0M | $55.0M | $524.6M | $822.4M | $749.9M | $677.2M | $604.3M | $570.2M | $787.6M |
| Interest income | $139.0M | $86.5M | $95.3M | $55.5M | $37.8M | $46.9M | $41.6M | $61.6M | $62.8M | $59.9M |
| Interest expense | $139.0M | $81.0M | $88.0M | $50.8M | $37.8M | $46.9M | $39.9M | $56.6M | $58.8M | $59.9M |
| Income before taxes | −$91.0M | −$768.0M | −$47.0M | $460.2M | $782.5M | $651.0M | $637.7M | $555.3M | $520.3M | $738.8M |
| Income taxes | −$159.0M | −$181.0M | −$17.0M | $99.7M | $185.9M | $158.0M | $150.8M | $131.4M | $44.8M | $279.2M |
| Net income | $44.0M | −$336.0M | $30.0M | $464.4M | $596.6M | $493.0M | $486.9M | $423.8M | $475.5M | $459.6M |
| EBITDA | $320.0M | −$395.0M | $310.0M | $759.4M | $1.08B | $948.0M | $916.0M | $850.0M | $828.3M | $1.06B |
| EPS (diluted) | $2.25 | $0.20 | $0.74 | $13.03 | $12.02 | $8.51 | $8.20 | $7.13 | $5.38 | $7.14 |
| Gross margin | 43.4% | 37.5% | 41.9% | 46.3% | 44.8% | 44.3% | 43.8% | 44.0% | 43.6% | 44.5% |
| Operating margin | 1.9% | −4.4% | 0.6% | 5.7% | 7.5% | 7.4% | 7.0% | 6.3% | 6.1% | 8.2% |
| Net margin | 0.5% | −3.7% | 0.3% | 5.1% | 5.4% | 4.9% | 5.0% | 4.4% | 5.1% | 4.8% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.00B | $2.61B | $1.97B | $2.04B | $2.01B | $2.58B | $2.00B | $2.15B | $2.18B | $2.77B | $2.46B | $2.22B |
| Cost of revenue | $1.08B | $1.44B | $1.10B | $1.16B | $1.14B | $1.47B | $1.65B | $1.24B | $1.23B | $1.57B | $1.54B | $1.40B |
| Gross profit | $923.0M | $1.18B | $869.0M | $881.0M | $874.0M | $1.11B | $347.1M | $908.0M | $950.0M | $1.20B | $921.0M | $817.6M |
| Sales, general & admin | $812.0M | $1.08B | $802.0M | $826.0M | $823.0M | $1.12B | $858.2M | $907.5M | $1.04B | $999.4M | $846.0M | $1.03B |
| Total operating expenses | $822.0M | $1.08B | $801.0M | $826.0M | $823.0M | $1.12B | $1.17B | $895.0M | $896.0M | $1.15B | $1.00B | $896.1M |
| Operating income | $101.0M | $99.0M | $68.0M | $55.0M | $51.0M | −$13.0M | −$820.0M | $13.0M | $54.0M | $53.0M | −$80.7M | −$78.6M |
| Interest income | — | — | $53.0M | $40.0M | $19.0M | $27.0M | $18.9M | $18.8M | — | — | — | — |
| Interest expense | $48.0M | $65.0M | $53.0M | $40.0M | $19.0M | $27.0M | $18.9M | $19.0M | $19.0M | $25.0M | $18.1M | $19.4M |
| Income before taxes | $75.0M | $35.0M | $21.0M | −$2.0M | $21.0M | −$131.0M | −$825.4M | −$17.0M | $44.0M | $29.0M | −$93.0M | −$98.3M |
| Income taxes | $20.0M | $11.0M | −$9.0M | −$1.0M | $6.0M | −$155.0M | −$215.9M | $8.0M | $13.0M | $12.0M | −$32.5M | −$24.1M |
| Net income | $55.0M | $24.0M | $6.0M | −$1.0M | $15.0M | $24.0M | −$414.8M | −$6.0M | $45.0M | $40.0M | −$60.5M | −$62.0M |
| EBITDA | $179.0M | $174.0M | $132.0M | $252.0M | $97.0M | −$15.0M | −$731.7M | $68.0M | $131.0M | $137.0M | −$3.5M | −$35.2M |
| EPS (diluted) | $1.03 | $0.77 | $0.86 | $0.92 | $0.69 | −$0.22 | −$1.18 | −$0.04 | $0.75 | $0.67 | −$0.59 | −$0.82 |
| Gross margin | 46.2% | 45.1% | 44.0% | 43.3% | 43.5% | 42.9% | 17.4% | 42.3% | 43.6% | 43.4% | 37.4% | 36.9% |
| Operating margin | 5.1% | 3.8% | 3.4% | 2.7% | 2.5% | −0.5% | −41.1% | 0.6% | 2.5% | 1.9% | −3.3% | −3.5% |
| Net margin | 2.8% | 0.9% | 0.3% | −0.0% | 0.7% | 0.9% | −20.8% | −0.3% | 2.1% | 1.4% | −2.5% | −2.8% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in AAP's financial statements (latest annual report filed February 13, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
AAP financial results
In fiscal year 2025 (ended December 31, 2025), Advance Auto Parts reported revenue of $8.6 billion, down 5.4% from the year before. It had net income of $44.0 million, a net profit margin of 0.5%. Diluted earnings per share came to $2.25. Over five years revenue grew at an average rate of −3.2% a year.
See the AAP stock overview for the latest quote and news, or the AAP chart for price history and technical indicators.
AAP income statement FAQ
What is Advance Auto Parts's annual revenue?
Advance Auto Parts reported total revenue of $8.6 billion for fiscal year 2025, which ended on December 31, 2025. That was down 5.4% from $9.1 billion the previous year.
Is Advance Auto Parts profitable?
Yes. Advance Auto Parts reported net income of $44.0 million in fiscal 2025, a net profit margin of 0.5%; its operating margin was 1.9%.
What is Advance Auto Parts's gross margin?
Advance Auto Parts's gross margin was 43.4% in fiscal 2025: for every $100 of revenue, Advance Auto Parts kept $43 after the direct cost of its products and services.
How fast is Advance Auto Parts growing?
Revenue grew −3.2% a year on average over the last five fiscal years, from $10.1 billion to $8.6 billion.
What are Advance Auto Parts's earnings per share?
Advance Auto Parts earned $2.25 per diluted share in fiscal 2025, compared with $0.20 a year earlier.
When will Advance Auto Parts report its next earnings?
Advance Auto Parts is expected to report results for the quarter ending September 30, 2026 on November 5, 2026 before the market opens.
When does Advance Auto Parts's fiscal year end?
Advance Auto Parts's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on February 13, 2026.