Exhibit 99.1
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For Immediate Release
For more information, contact:
Anthony (Tony) Cristello
(972) 316-8107
investors@smpcorp.com

Standard Motor Products, Inc. Releases
Second Quarter 2026 Results and Quarterly Dividend
Second quarter net sales of $501.6 million with adjusted net sales up 6.7% to $526.7 million
Second quarter diluted earnings per share of $1.39 with non-GAAP diluted earnings per share of $1.40 up 8.6%
Year-to-date 2026 operating cash flow improved $64.2 million; Net debt leverage declined to 2.5x
Reaffirming full-year guidance of low to mid-single digit sales growth and adjusted EBITDA margin of 11% - 12%
New York, NY, August 4, 2026......Standard Motor Products, Inc. (NYSE: SMP), a leading automotive parts manufacturer and distributor, reported today its consolidated financial results for the three and six months ended June 30, 2026.
Consolidated net sales for the second quarter of 2026 were $501.6 million, compared to consolidated net sales of $493.9 million during the same quarter in 2025. Consolidated adjusted net sales for the second quarter of 2026 were $526.7 million, compared to consolidated adjusted net sales of $493.9 million during the same quarter in 2025. Earnings from continuing operations for the second quarter of 2026 were $31.8 million or $1.39 per diluted share, compared to earnings of $26.3 million or $1.17 per diluted share in the second quarter of 2025. Non-GAAP earnings from continuing operations for the second quarter of 2026 were $31.9 million or $1.40
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per diluted share, compared to $28.9 million or $1.29 per diluted share in the second quarter of 2025.
Consolidated net sales for the six months ended June 30, 2026 were $952.8 million, compared to consolidated net sales of $907.2 million during the comparable period in 2025. Consolidated adjusted net sales for the six months ended June 30, 2026 were $977.9 million, compared to consolidated adjusted net sales of $907.2 million during the comparable period in 2025. Earnings from continuing operations for the six months ended June 30, 2026 were $50.1 million or $2.20 per diluted share, compared to $40.0 million or $1.79 per diluted share in the comparable period of 2025. Non-GAAP earnings from continuing operations for the six months ended June 30, 2026 and 2025 were $50.5 million or $2.23 per diluted share and $46.9 million or $2.10 per diluted share, respectively.
Mr. Eric Sills, Standard Motor Products’ Chairman and Chief Executive Officer stated, “Overall we were pleased with our second quarter. Adjusted net sales for the quarter, excluding the impact of accounting treatment for tariff refunds received in the quarter, increased 6.7% with three of our four operating segments showing strong gains, while adjusted EBITDA increased to a record-setting $63.5 million.”
Second Quarter Highlights:
North American Aftermarket Segments
Vehicle Control adjusted net sales decreased 1.6% in the second quarter, largely due to timing of customer orders as we come off of a very strong first quarter. Year-to-date adjusted net sales are up 4.7% for the segment. Our wire sets category was down significantly, making up the majority of the segment shortfall, reflecting a combination of slow secular decline and customers right-sizing their inventories accordingly. Customer POS for the segment continued to be positive throughout the quarter, demonstrating ongoing demand for our non-discretionary offering.
We were pleased to consummate our joint venture with Techstrong in the quarter, as previously announced. This will strengthen our Vehicle Control operations by expanding our breadth of manufacturing, further diversifying our global supply chain, and creating a long-term cost-effective operation on which to build. We welcome them to the SMP family.
Temperature Control adjusted net sales increased 15.7%, as the timing of our preseason orders fell more heavily into our second quarter this year, driving strong results despite the cooler, wetter weather in May. Year-to-date adjusted net sales are up 9.6%. Ultimately this seasonal segment’s full-year performance will be determined by the length and intensity of the selling season and as we enter our third quarter weather trends appear to be favorable for sales in many of our markets, however we are up against a strong comparison in the second half of the year.

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Nissens
Nissens adjusted net sales increased 4.8% to $94.9 million, driven by a combination of 2.3% sales growth in local currency as well as a stronger currency conversion. Year-to-date we are up 8.0% for the segment. We are pleased with the gains in our engine efficiency product categories, and as we head into the third quarter, record temperatures across Europe bode well for our air conditioning products. Further, we are encouraged by the early results seen in our recently launched product categories and view these products as steady contributors to growth in future years.
Engineered Solutions
Adjusted net sales in the Engineered Solutions segment showed strong growth of 16.8% over last year’s soft second quarter as demand continues to recover. Sales growth improvement was seen across all end-markets, and we are pleased to see the segment demand stabilize. We expect this to continue, though the comparison will get tougher in the second half of the year.
Profitability & Balance Sheet
Adjusted EBITDA for the quarter increased to $63.5 million, up from $59.1 million last year, driven by solid performance across our Temperature Control, Nissens and Engineered Solutions segments. Vehicle Control EBITDA was negatively impacted by increased distribution and associated expenses related to our Shawnee, Kansas distribution center transition.
From a balance sheet perspective, our cash flows and borrowings were in line with expectations. Total net debt at quarter-end stood at $510.2 million, down from $599.4 million at the end of the first quarter, reflecting debt paydown as we move into our seasonally stronger cash-generating quarters. Importantly, we reduced our inventory to $684.2 million from $727.9 million at December 31, 2025. Our net debt leverage decreased to 2.5x from 3.0x in the first quarter of 2026, and we continue to target reducing net debt levels to 2.0x adjusted EBITDA by the end of 2026.
2026 Guidance Update
Our outlook for the full year of 2026 reaffirms our expectation that sales growth will be in the low to mid-single digit range driven by ongoing tailwinds for professional grade non-discretionary products in the North American aftermarket, continuing momentum in our European business, and an ongoing recovery in Engineered Solutions, offset by a lapping of both tariff pricing and the benefits of stronger currency conversion.
Further, we reaffirm our expectation that adjusted EBITDA will be in a range of 11% -12%. Note that our guidance excludes the impact of ongoing changes in the tariff landscape, any significant inflationary impact from the conflict in the Middle East, or increase in interest rates impacting our customers’ supply chain financing programs. We intend to address these pressures with our usual combination of cost savings and pricing programs.
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Dividends
The Board of Directors has approved payment of a quarterly dividend of 33 cents per share on the common stock outstanding, which will be paid on September 1, 2026 to stockholders of record on August 14, 2026.
Closing Remarks
In closing, Mr. Sills commented, “As we head into the second half of the year, we are encouraged by the performance across all our segments. The resiliency of the aftermarket in both North America and Europe remains intact, evidenced by strong demand for our non-discretionary products, and we are pleased with the ongoing momentum in our Engineered Solutions business. I would like to thank our employees for their hard work and commitment to our continued success.”
Conference Call
Standard Motor Products, Inc. will hold a conference call at 11:00 AM, Eastern Time, on Tuesday, August 4, 2026. This call will be webcast and can be accessed on our website at www.smpcorp.com and clicking on the SMP Q2'26 Earnings Call Webcast link. Investors may also listen to the call by dialing 800-445-7795 (domestic) or 785-424-1699 (international). The conference call ID code is SMP2Q2026. Our playback will be made available for dial in immediately following the call. For those choosing to listen to the replay by webcast, the link should be active on our website within 24 hours after the call. The playback number is 800-723-0389 (domestic) or 402-220-2647 (international).
Forward-Looking Statements
Under the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, Standard Motor Products cautions investors that any forward-looking statements made by the company, including those that may be made in this press release, are based on management’s expectations at the time they are made, but they are subject to risks and uncertainties that may cause actual results, events or performance to differ materially from those contemplated by such forward looking statements. Among the factors that could cause actual results, events or performance to differ materially from those risks and uncertainties discussed in this press release are those detailed from time-to-time in prior press releases and in the company’s filings with the Securities and Exchange Commission, including the company’s annual report on Form 10-K and quarterly reports on Form 10-Q. By making these forward-looking statements, Standard Motor Products undertakes no obligation or intention to update these statements after the date of this release.


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Use and Definition of Non-GAAP Measures
We report our financial results in accordance with accounting principles generally accepted in the United States (“GAAP”). We supplement the reporting of our financial information determined under GAAP with certain non-GAAP financial information. The non-GAAP information presented provides investors with additional useful information but should not be considered in isolation or as substitutes for the related GAAP measures. We believe that these non-GAAP measures provide investors with additional insight into the Company’s ongoing business performance and balance sheet health. Other companies may define non-GAAP measures differently, which limits the usefulness of these measures for comparisons with such other companies. We encourage investors to review our financial statements and publicly-filed reports in their entirety and not to rely on any single financial measure.
When we provide our expectations for adjusted EBITDA, adjusted EBITDA margin and net debt leverage, a reconciliation of this non-GAAP financial measure to the corresponding GAAP measures is not available without unreasonable effort due to potentially high variability and low visibility as to the items that would be excluded from the GAAP measure in the relevant future period. A reconciliation of the non-GAAP measures to the corresponding amounts prepared in accordance with GAAP appears in the tables in this Appendix. Below are our non-GAAP financial measures:

Non-GAAP MeasureDefinition
Adjusted consolidated net sales and adjusted segment net salesRepresents net sales (a GAAP measure), excluding adjustment for accounting for International Emergency Economic Powers Act (“IEEPA”) tariff refunds received from the United States Treasury which we estimate may be passed through to our customers.
Non-GAAP diluted earnings per share from continuing operations attributable to SMP and related non-GAAP income statement items and related percentage of net sales and adjusted net salesRepresents earnings from continuing operations attributable to SMP (a GAAP measure) and related income statement items, such as gross profit, selling, general and administrative expenses, operating income (GAAP measures), adjusted to exclude restructuring expenses, acquisition and integration expenses, other income (expense), net, and related tax effects.
Net debt and net debt leverageRepresents the current portion of revolving credit facility, current portion of term loan and other debt and long-term debt (GAAP measures) less cash (a GAAP measure) divided by EBITDA without special items, as defined below.
EBITDA, adjusted EBITDA, EBITDA without special items and related margin percentageRepresents net earnings (loss) (a GAAP measure), excluding depreciation, amortization, and interest expense adjusted or without special items defined as acquisition & integration expenses and expenses related to customer program wind down. EBITDA margin and adjusted EBITDA margin divided by GAAP net sales or adjusted consolidated net sales or adjusted segment net sales. Special items represent significant charges or credits that are important to an understanding of the company's overall operating results in the periods presented.
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Standard Motor Products, Inc.
Consolidated Statements of Operations

Three Months Ended
June 30,
Six Months Ended
June 30,
(In thousands, except share and per share data, unaudited)2026202520262025
Net sales
$501,599 $493,853 $952,765 $907,232 
Cost of sales
336,980 342,964 648,973 631,621 
Gross profit164,619 150,889 303,792 275,611 
Selling, general and administrative expenses
113,523 107,520 218,360 207,365 
Restructuring expenses
248 582 614 1,255 
Other income (expense), net(4)49 119 307 
Operating income50,844 42,836 84,937 67,298 
Other non-operating income (loss), net
793 1,875 (486)4,123 
Interest expense
7,560 8,295 15,078 16,056 
Earnings from continuing operations before income taxes
44,077 36,416 69,373 55,365 
Provision for income taxes
12,040 9,821 18,866 14,890 
Earnings from continuing operations32,037 26,595 50,507 40,475 
Loss from discontinued operations, net of income taxes(1,393)(1,058)(2,578)(2,197)
Net earnings30,644 25,537 47,929 38,278 
Net earnings attributable to noncontrolling interest276 295 425 470 
Net earnings attributable to SMP$30,368 $25,242 $47,504 $37,808 


Net earnings (loss) attributable to SMP

Continuing operations
$31,761 $26,300 $50,082 $40,005 
Discontinued operations
(1,393)(1,058)(2,578)(2,197)
Net earnings attributable to SMP$30,368 $25,242 $47,504 $37,808 


Per common share data

Basic:

Continuing operations
$1.42 $1.20 $2.25 $1.82 
Discontinued operations
(0.06)(0.05)(0.11)(0.10)
Net earnings attributable to SMP per common share$1.36 $1.15 $2.14 $1.72 


Diluted:

Continuing operations
$1.39 $1.17 $2.20 $1.79 
Discontinued operations
(0.06)(0.04)(0.12)(0.10)
Net earnings attributable to SMP per common share$1.33 $1.13 $2.08 $1.69 

Dividend declared per common share
$0.33 $0.31 $0.66 $0.62 

Weighted average number of common shares, basic
22,291,76821,984,49222,229,73121,935,921
Weighted average number of common shares, diluted
22,864,08922,423,20822,806,41322,359,693
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Standard Motor Products, Inc.
Consolidated Balance Sheets
(In thousands, except share and per share data)
June 30, 2026June 30, 2025December 31, 2025
       ASSETS(Unaudited)(Unaudited)
CURRENT ASSETS:
Cash
$78,629 $58,792 $72,031 
Accounts receivable, less allowances for discounts and expected credit losses of $10,539 for 2026 and $7,777 and $10,043 for June and December 2025, respectively
358,378 327,270 232,020 
Inventories
684,166 657,161 727,922 
Prepaid expenses and other current assets
21,087 21,841 18,477 
Total current assets
1,142,260 1,065,064 1,050,450 
Property, plant and equipment, net of accumulated depreciation of $304,925 for 2026 and $287,624 and $300,283 for June and December 2025, respectively
187,003 183,508 188,562 
Operating lease right-of-use assets
97,857 111,731 105,178 
Goodwill
252,603 256,266 256,159 
Customer relationships intangibles, net198,889 221,024 212,056 
Other intangibles, net
96,083 99,326 99,102 
Deferred income taxes
24,034 15,545 25,384 
Investments in unconsolidated affiliates
27,315 23,495 26,310 
Other assets34,626 31,389 32,040 
Total assets
$2,060,670 $2,007,348 $1,995,241 
LIABILITIES AND STOCKHOLDERS’ EQUITY
CURRENT LIABILITIES:
Current portion of revolving credit facility$34,579 $10,000 $30,000 
Current portion of term loan and other debt
20,048 20,818 21,988 
Accounts payable
182,298 171,356 169,089 
Sundry payables and accrued expenses
103,791 100,187 92,054 
Accrued customer returns
74,931 75,207 49,554 
Accrued rebates
115,712 76,274 84,494 
Payroll and commissions
38,797 38,573 46,135 
Total current liabilities
570,156 492,415 493,314 
Long-term debt
534,200 605,811 566,727 
Noncurrent operating lease liabilities
87,248 99,770 93,381 
Accrued asbestos liabilities
104,285 30,527 112,625 
Other accrued liabilities
32,448 75,366 30,932 
Total liabilities
1,328,337 1,303,889 1,296,979 
Commitments and contingencies
Stockholders’ equity:
Common stock – par value $2.00 per share (Authorized – 30,000,000 shares; issued 23,936,036 shares)47,872 47,872 47,872 
Capital in excess of par value
100,965 101,036 99,005 
Retained earnings
622,284 599,601 589,448 
Accumulated other comprehensive income
9,569 16,825 17,857 
Treasury stock – at cost (1,598,589 shares in 2026 and 1,948,363 and 1,790,097 shares in June and December 2025, respectively)
(62,965)(76,715)(70,483)
Total SMP stockholders’ equity
717,725 688,619 683,699 
Noncontrolling interest
14,608 14,840 14,563 
Total stockholders’ equity
732,333 703,459 698,262 
Total liabilities and stockholders’ equity
$2,060,670 $2,007,348 $1,995,241 
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Standard Motor Products, Inc.
Consolidated Statements of Cash Flows
(In thousands, unaudited)
Six Months Ended
June 30,

20262025
CASH FLOWS FROM OPERATING ACTIVITIES:
Net earnings$47,929 $38,278 
Adjustments to reconcile net earnings to net cash provided by (used in) operating activities:
Depreciation and amortization
22,915 21,192 
Amortization of deferred financing cost
549 637 
Increase to allowance for expected credit losses113 2,041 
Increase to inventory reserves2,164 3,907 
Equity income from joint ventures
(1,809)(2,139)
Employee stock ownership plan allocation
1,644 1,350 
Stock-based compensation
6,474 3,301 
Decrease in deferred income taxes421 504 
Loss on discontinued operations, net of tax
2,578 2,197 
Change in assets and liabilities:
Increase in accounts receivable(129,028)(108,180)
Decrease (increase) in inventories37,755 (3,217)
(Increase) decrease in prepaid expenses and other current assets(493)5,816 
Increase in accounts payable13,385 17,068 
Increase in sundry payables and accrued expenses62,616 15,863 
Net change in other assets and liabilities
(8,947)(4,521)
Net cash provided by (used in) operating activities58,266 (5,903)
CASH FLOWS FROM INVESTING ACTIVITIES:
Capital expenditures(14,949)(19,295)
Other investing activities420 2,972 
Net cash used in investing activities(14,529)(16,323)
CASH FLOWS FROM FINANCING ACTIVITIES:
Repayments of term loans(8,142)(7,821)
Net (repayments) borrowings under revolving credit facilities(11,278)52,668 
Net (repayments) borrowings of other debt and lease obligations(4,623)1,021 
Purchase of treasury stock(283)— 
Increase in overdraft balances163 348 
Dividends paid(14,668)(13,592)
Dividends paid to noncontrolling interest(624)— 
Net cash (used in) provided by financing activities(39,455)32,624 
Effect of exchange rate changes on cash2,316 3,968 
Net increase in cash6,598 14,366 
CASH at beginning of period72,031 44,426 
CASH at end of period$78,629 $58,792 

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Standard Motor Products, Inc.
Reconciliation of GAAP to Adjusted Net Sales by Segment
Three Months Ended June 30,
20262025
(In thousands, unaudited)GAAP Net SalesIEEPA Tariff AdjustmentAdjusted
Net Sales
GAAP Net SalesIEEPA Tariff AdjustmentAdjusted
Net Sales
Vehicle Control
Engine Management (Ignition, Emissions and Fuel Delivery)$121,488 $128,233 
Electrical and Safety47,573 56,828 
Wire Sets and Other13,851 16,638 
Total Vehicle Control182,912 15,651 198,563 201,699 — 201,699 
Temperature Control
AC System Components119,294 104,777 
Other Thermal Components25,454 26,588 
Total Temperature Control144,748 7,227 151,975 131,365 — 131,365 
Nissens Automotive
Air Conditioning39,329 40,441 
Engine Cooling36,271 35,082 
Engine Efficiency19,075 15,014 
Total Nissens Automotive94,675 239 94,914 90,537 — 90,537 
Engineered Solutions
Light Vehicle24,675 21,780 
Commercial Vehicle21,537 21,836 
Construction/Agriculture11,016 9,584 
All Other22,814 17,052 
Total Engineered Solutions80,042 2,006 82,048 70,252 — 70,252 
Intersegment sales(778)— (778)— — — 
Total
$501,599 $25,123 $526,722 $493,853 $— $493,853 

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Standard Motor Products, Inc.
Reconciliation of GAAP to Adjusted Net Sales by Segment
Six Months Ended June 30,
20262025
(In thousands, unaudited)GAAP Net SalesIEEPA Tariff AdjustmentAdjusted
Net Sales
GAAP Net SalesIEEPA Tariff AdjustmentAdjusted
Net Sales
Vehicle Control
Engine Management (Ignition, Emissions and Fuel Delivery)$262,575 $246,599 
Electrical and Safety105,439 115,147 
Wire Sets and Other28,737 32,295 
Total Vehicle Control396,751 15,651 412,402 394,041 — 394,041 
Temperature Control
AC System Components184,492 171,968 
Other Thermal Components49,760 48,280 
Total Temperature Control234,252 7,227 241,479 220,248 — 220,248 
Nissens Automotive
Air Conditioning65,602 67,607 
Engine Cooling67,722 62,855 
Engine Efficiency35,718 26,257 
Total Nissens Automotive169,042 239 169,281 156,719 — 156,719 
Engineered Solutions
Light Vehicle47,595 43,184 
Commercial Vehicle44,445 40,441 
Construction/Agriculture20,520 18,992 
All Other41,794 33,607 
Total Engineered Solutions154,354 2,006 156,360 136,224 — 136,224 
Intersegment sales(1,634)— (1,634)— — — 
Total
$952,765 $25,123 $977,888 $907,232 $— $907,232 

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Standard Motor Products, Inc.
Reconciliation of GAAP and Non-GAAP Earnings Measures
Three Months EndedSix Months Ended
June 30,June 30,
(Unaudited)2026202520262025
Diluted Earnings Per Share from Continuing Operations Attributable to SMP
GAAP Diluted Earnings Per Share from Continuing Operations$1.39 $1.17 $2.20 $1.79 
Restructuring Expenses0.01 0.03 0.03 0.06 
Acquisition & Integration Expenses— 0.13 — 0.36 
Income Tax Effect Related To Reconciling Items— (0.04)— (0.11)
Non-GAAP Diluted Earnings Per Share from Continuing Operations$1.40 $1.29 $2.23 $2.10 

Last Twelve Months EndedYear Ended
June 30,December 31,
(In thousands, except for net debt leverage ratio)202620252025
Net DebtUnauditedAudited
Current portion of revolving credit facility$34,579 $10,000 $30,000 
Current portion of term loan and other debt
20,048 20,818 21,988 
Long-term debt
534,200 605,811 566,727 
Total debt588,827 636,629 618,715 
Less: Cash78,629 $58,792 72,031 
Net debt510,198 577,837 546,684 
EBITDA without Special Items
GAAP Net Earnings (Loss)$51,859 $40,357 $42,208 
Loss from Discontinued Operations, Net of Income Taxes(38,079)(26,369)(37,698)
Provision for Income Taxes34,593 24,824 30,617 
GAAP Earnings from Continuing Operations Before Taxes124,531 91,550 110,523 
Depreciation and Amortization45,571 37,986 43,848 
Interest Expense30,361 24,749 31,339 
     EBITDA200,463 154,285 185,710 
Restructuring Expenses1,939 6,172 2,580 
Acquisition & Integration Expenses538 19,112 8,583 
Customer Program Wind Down4,067 — 4,067 
Special Items6,544 25,284 15,230 
EBITDA without Special Items$207,007 $179,569 $200,940 
Net debt leverage ratio2.5 3.2 2.7 


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Standard Motor Products, Inc.
Reconciliation of GAAP and Non-GAAP Earnings Measures by Segments
Three Months Ended June 30, 2026
(In thousands, unaudited)Vehicle ControlTemperature ControlNissens AutomotiveEngineered SolutionsCorporate Unallocated ExpensesConsolidated
EBITDA without Special Items
GAAP Net Earnings (Loss)$7,802$19,288$7,351$3,437$(7,234)$30,644
Loss from Discontinued Operations, Net of Income Taxes(1,393)(1,393)
Provision for Income Taxes2,6876,7202,6901,353(1,410)$12,040
GAAP Earnings (Loss) from Continuing Operations Before Taxes10,48926,00810,0414,790(7,251)44,077
Depreciation and Amortization4,4508873,3112,600352 11,600
Interest Expense1,8487474,729549(313)7,560
EBITDA16,78727,64218,0817,939(7,212)63,237
Restructuring Expenses23828— 248
Acquisition & Integration Expenses— 
Special Items23828— 248
EBITDA without Special Items$17,025$27,644$18,081$7,947$(7,212)$63,485
% of GAAP Net Sales9.3 %19.1 %19.1 %9.9 %12.7 %
% of Non-GAAP Net Sales8.6 %18.2 %19.0 %9.7 %12.1 %
Three Months Ended June 30, 2025
(In thousands, unaudited)Vehicle ControlTemperature ControlNissens AutomotiveEngineered SolutionsCorporate Unallocated ExpensesConsolidated
EBITDA without Special Items
GAAP Net Earnings (Loss)$11,578$14,464$3,352 $2,813$(6,670)$25,537
Loss from Discontinued Operations, Net of Income Taxes— (1,058)(1,058)
Provision for Income Taxes3,8715,1381,301 1,175(1,664)9,821
GAAP Earnings (Loss) from Continuing Operations Before Taxes15,44919,6024,653 3,988(7,276)36,416 
Depreciation and Amortization4,0707843,325 2,427319 10,925
Interest Expense1,5467625,513 543(69)8,295
EBITDA21,06521,14813,491 6,958(7,026)55,636
Restructuring Expenses47953— 3911 582
Acquisition & Integration Expenses2,822 78 2,900
Special Items479532,822 3989 3,482
EBITDA without Special Items$21,544$21,201 $16,313 $6,997$(6,937)$59,118
% of GAAP Net Sales10.7 %16.1 %18.0 %10.0 %12.0 %
% of Non-GAAP Net Sales10.7 %16.1 %18.0 %10.0 %12.0 %
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Standard Motor Products, Inc.
Reconciliation of GAAP and Non-GAAP Earnings Measures by Segments
Six Months Ended June 30, 2026
(In thousands, unaudited)Vehicle ControlTemperature ControlNissens AutomotiveEngineered SolutionsCorporate Unallocated ExpensesConsolidated
EBITDA without Special Items
GAAP Net Earnings (Loss)$20,775$26,911$8,099$4,822$(12,678)$47,929
Loss from Discontinued Operations, Net of Income Taxes(2,578)(2,578)
Provision for Income Taxes7,5919,4903,3031,905(3,423)$18,866
GAAP Earnings (Loss) from Continuing Operations Before Taxes28,36636,40111,4026,727(13,523)69,373
Depreciation and Amortization8,7471,6956,5775,194702 22,915
Interest Expense3,7121,4859,3761,116(611)15,078
EBITDA40,82539,58127,35513,037(13,432)107,366
Restructuring Expenses5107232— 614
Acquisition & Integration Expenses2— 2
Special Items51072232— 616
EBITDA without Special Items$41,335$39,653$27,357$13,069 $(13,432)$107,982
% of GAAP Net Sales10.4 %16.9 %16.2 %8.5 %11.3 %
% of Non-GAAP Net Sales10.0 %16.4 %16.2 %8.4 %11.0 %
Six Months Ended June 30, 2025
(In thousands, unaudited)Vehicle ControlTemperature ControlNissens AutomotiveEngineered SolutionsCorporate Unallocated ExpensesConsolidated
EBITDA without Special Items
GAAP Net Earnings (Loss)$24,585$20,276$1,534 $5,281$(13,398)$38,278
Loss from Discontinued Operations, Net of Income Taxes— — — — (2,197)(2,197)
Provision for Income Taxes7,9107,274968 2,138(3,400)14,890
GAAP Earnings (Loss) from Continuing Operations Before Taxes32,49527,5502,502 7,419(14,601)55,365
Depreciation and Amortization7,7391,5626,312 4,927652 21,192
Interest Expense2,5531,30111,133 1,00267 16,056
EBITDA42,78730,41319,947 13,348(13,882)92,613
Restructuring Expenses1,005189— 591,255
Acquisition & Integration Expenses7,833 214 8,047
Special Items$1,005$189$7,833 $59$216 $9,302
EBITDA without Special Items$43,792$30,602 $27,780 $13,407$(13,666)$101,915
% of GAAP Net Sales11.1 %13.9 %17.7 %9.8 %11.2 %
% of Non-GAAP Net Sales11.1 %13.9 %17.7 %9.8 %11.2 %
13


Standard Motor Products, Inc.
Reconciliation of Income Statement Measures by Segment
Three Months Ended June 30, 2026Three Months Ended June 30, 2025
(In thousands, unaudited)Vehicle ControlTemperature ControlNissens AutomotiveEngineered SolutionsUnallocated Corporate ExpensesConsolidatedVehicle ControlTemperature ControlNissens AutomotiveEngineered Solutions
Unallocated Corporate Expenses
Consolidated
GAAP Gross Profit$60,396 $50,048 $40,213 $13,962 $— $164,619 $60,648 $42,363 $35,189 $12,689 $— $150,889 
Acquisition & Integration Expenses— — — — — — — — 1,626 — — 1,626 
Non-GAAP Gross Profit$60,396 $50,048 $40,213 $13,962 $ $164,619 $60,648 $42,363 $36,815 $12,689 $ $152,515 
GAAP Gross Profit - % of GAAP Net Sales33.0 %34.6 %42.5 %17.4 %32.8 %30.1 %32.2 %38.9 %18.1 %30.6 %
Non-GAAP Gross Profit - % of Non-GAAP Net Sales30.4 %32.9 %42.4 %17.0 %31.3 %30.1 %32.2 %40.7 %18.1 %30.9 %
GAAP Selling, General and Administrative Expenses$47,934 $24,161 $24,386 $9,104 $7,938 $113,523 $43,564 $22,840 $25,181 $8,718 $7,217 $107,520 
Acquisition & Integration Expenses— — — — — — — — (1,196)— (78)(1,274)
Non-GAAP Selling, General and Administrative Expenses$47,934 $24,161 $24,386 $9,104 $7,938 $113,523 $43,564 $22,840 $23,985 $8,718 $7,139 $106,246 
GAAP Selling, General and Administrative Expenses - % of GAAP Net Sales26.2 %16.7 %25.8 %11.4 %22.6 %21.6 %17.4 %27.8 %12.4 %21.8 %
Non-GAAP Selling, General and Administrative Expenses - % of Non-GAAP Net Sales24.1 %15.9 %25.7 %11.1 %21.6 %21.6 %17.4 %26.5 %12.4 %21.5 %
GAAP Operating Income (Loss)
$12,227 $25,868 $15,827 $4,859 $(7,937)$50,844 $16,540 $19,536 $10,034 $3,954 $(7,228)$42,836 
Restructuring Expenses238 — — 248 479 53 — 39 11 582 
Acquisition & Integration Expenses— — — — — — — — 2,822 — 78 2,900 
Other (Income) Expense, Net(3)17 — (10)— 65 (66)(26)(22)— (49)
Non-GAAP Operating Income (Loss)
$12,462 $25,887 $15,827 $4,857 $(7,937)$51,096 $17,084 $19,523 $12,830 $3,971 $(7,139)$46,269 
GAAP Operating Income (Loss) - % of GAAP Net Sales6.7 %17.9 %16.7 %6.1 %10.1 %8.2 %14.9 %11.1 %5.6 %8.7 %
Non-GAAP Operating Income - % of Non-GAAP Net Sales6.3 %17.0 %16.7 %5.9 %9.7 %8.5 %14.9 %14.2 %5.7 %9.4 %
14


Standard Motor Products, Inc.
Reconciliation of Income Statement Measures by Segment
Six Months Ended June 30, 2026Six Months Ended June 30, 2025
(In thousands, unaudited)Vehicle ControlTemperature ControlNissens AutomotiveEngineered SolutionsUnallocated Corporate ExpensesConsolidatedVehicle ControlTemperature ControlNissens AutomotiveEngineered SolutionsUnallocated Corporate ExpensesConsolidated
GAAP Gross Profit$128,561 $78,700 $72,284 $24,247 $— $303,792 $122,809 $69,961 $58,443 $24,398 $— $275,611 
Acquisition & Integration Expenses— — — — — — — — 6,210 — — 6,210 
Non-GAAP Gross Profit$128,561 $78,700 $72,284 $24,247 $ $303,792 $122,809 $69,961 $64,653 $24,398 $ $281,821 
GAAP Gross Profit - % of GAAP Net Sales32.4 %33.6 %42.8 %15.7 %31.9 %31.2 %31.8 %37.3 %17.9 %30.4 %
Non-GAAP Gross Profit - % of Non-GAAP Net Sales31.2 %32.6 %42.7 %15.5 %31.1 %31.2 %31.8 %41.3 %17.9 %31.1 %
GAAP Selling, General and Administrative Expenses$95,896 $42,219 $48,584 $17,660 $13,997 $218,360 $87,399 $42,663 $45,862 $17,232 $14,209 $207,365 
Acquisition & Integration Expenses— — — — — — (1,623)— (214)(1,837)
Non-GAAP Selling, General and Administrative Expenses$95,896 $42,219 $48,586 $17,660 $13,997 $218,358 $87,399 $42,663 $44,239 $17,232 $13,995 $205,528 
GAAP Selling, General and Administrative Expenses - % of GAAP Net Sales24.2 %18.0 %28.7 %11.4 %22.9 %22.2 %19.4 %29.3 %12.6 %22.9 %
Non-GAAP Selling, General and Administrative Expenses - % of Non-GAAP Net Sales23.3 %17.5 %28.7 %11.3 %22.3 %22.2 %19.4 %28.2 %12.6 %22.7 %
GAAP Operating Income (Loss)$31,839 $36,712 $23,701 $6,682 $(13,997)$84,937 $34,322 $27,436 $12,621 $7,130 $(14,211)$67,298 
Restructuring Expenses510 72 — 32 — 614 1,005 189 — 59 1,255 
Acquisition & Integration Expenses— — — — — — 7,833 — 214 8,047 
Other (Income) Expense, Net316 (303)(5)(127)— (119)83 (327)(40)(23)— (307)
Non-GAAP Operating Income (Loss)$32,665 $36,481 $23,698 $6,587 $(13,997)$85,434 $35,410 $27,298 $20,414 $7,166 $(13,995)$76,293 
GAAP Operating Income (Loss) - % of GAAP Net Sales8.0 %15.7 %14.0 %4.3 %8.9 %8.7 %12.5 %8.1 %5.2 %7.4 %
Non-GAAP Operating Income - % of Non-GAAP Net Sales7.9 %15.1 %14.0 %4.2 %8.7 %9.0 %12.4 %13.0 %5.3 %8.4 %
15