# EDGAR Filing Document

**Accession Number:** 0000093389
**File Stem:** 0000093389-25-000063
**Filing Date:** 2025-8
**Character Count:** 55832
**Document Hash:** d222ef18d8aeb4c0d94f60c645f65d4e
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000093389-25-000063.hdr.sgml**: 20250805

**ACCESSION NUMBER**: 0000093389-25-000063

**CONFORMED SUBMISSION TYPE**: 8-K

**PUBLIC DOCUMENT COUNT**: 14

**CONFORMED PERIOD OF REPORT**: 20250805

**ITEM INFORMATION**: Results of Operations and Financial Condition

**ITEM INFORMATION**: Financial Statements and Exhibits

**FILED AS OF DATE**: 20250805

**DATE AS OF CHANGE**: 20250805

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** STANDARD MOTOR PRODUCTS, INC.
- **CENTRAL INDEX KEY:** 0000093389
- **STANDARD INDUSTRIAL CLASSIFICATION:** MOTOR VEHICLE PARTS & ACCESSORIES [3714]
- **ORGANIZATION NAME:** 04 Manufacturing
- **EIN:** 111362020
- **STATE OF INCORPORATION:** NY
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 8-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-04743
- **FILM NUMBER:** 251183289

**BUSINESS ADDRESS:**
- **STREET 1:** 37-18 NORTHERN BLVD.
- **CITY:** LONG ISLAND CITY
- **STATE:** NY
- **ZIP:** 11101
- **BUSINESS PHONE:** 718-392-0200

**MAIL ADDRESS:**
- **STREET 1:** 37-18 NORTHERN BLVD.
- **CITY:** LONG ISLAND CITY
- **STATE:** NY
- **ZIP:** 11101

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** STANDARD MOTOR PRODUCTS INC
- **DATE OF NAME CHANGE:** 19920703

?xml version='1.0' encoding='ASCII'? smp-20250805

**UNITED STATES**

**SECURITIES AND EXCHANGE COMMISSION**

**Washington, D.C. 20549**

**FORM 8-K**

**CURRENT REPORT**

**Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934**

Date of Report (Date of earliest event reported): **August 5, 2025**

**STANDARD MOTOR PRODUCTS, INC.**

(Exact Name of Registrant as Specified in its Charter)

---

| | | |
|:---|:---|:---|
| **New York** | **001-04743** | **11-1362020** |
| (State or Other<br>Jurisdiction of Incorporation) | (Commission File Number) | (I.R.S. Employee<br>Identification Number) |

---

**37-18 Northern Boulevard, Long Island City, New York 11101**

(Address of Principal Executive Offices, including Zip Code)

Registrant's Telephone Number, including Area Code: **718-392-0200**

**Not Applicable** 

(Former Name or Former Address, if Changed Since Last Report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

□&nbsp;&nbsp;&nbsp;&nbsp;Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425).

□&nbsp;&nbsp;&nbsp;&nbsp;Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12).

□&nbsp;&nbsp;&nbsp;&nbsp;Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)).

□&nbsp;&nbsp;&nbsp;&nbsp;Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)).

Securities registered pursuant to Section 12(b) of the Act:

---

| | | |
|:---|:---|:---|
| Title of each class | Trading Symbol(s) | Name of each exchange on which registered |
| Common Stock, par value $2.00 per share | SMP | New York Stock Exchange LLC |

---

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company □

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. □

------

**Item 2.02. Results of Operations and Financial Condition.**

On August 5, 2025, Standard Motor Products, Inc. (the "Company") issued a press release announcing its financial results for the three and six months ended June 30, 2025. A copy of such press release is furnished as Exhibit 99.1 hereto.

Such press release shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934 (the "Exchange Act") or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933 or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.

**Item 9.01. Financial Statements and Exhibits.**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d)Exhibits.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | |
|:---|:---|
| 99.1 | Press release dated August 5, 2025 announcing Standard Motor Products, Inc.'s financial results for the three and six months ended June 30, 2025. |
| 104 | Cover Page Interactive Data File--the cover page XBRL tags are embedded within the Inline XBRL document. |

---

**SIGNATURE**

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

---

| | |
|:---|:---|
| STANDARD MOTOR PRODUCTS, INC. | STANDARD MOTOR PRODUCTS, INC. |
| By: | /s/ Nathan R. Iles |
|  | Nathan R. Iles |
|  | Chief Financial Officer |

---

Date: August 5, 2025

------

**Exhibit Index**

---

| | |
|:---|:---|
| **Exhibit No.** | **Description** |
| <u>[99.1](a991pressrelease-63025.htm)</u> | Press release dated August 5, 2025 announcing Standard Motor Products, Inc.'s financial results for the three and six months ended June 30, 2025. |
| 104 | Cover Page Interactive Data File--the cover page XBRL tags are embedded within the Inline XBRL document. |

---

## Exhibit 99.1

**Exhibit 99.1**

![logo021.jpg](logo021.jpg)

***For Immediate Release***

For more information, contact:

Anthony (Tony) Cristello

Standard Motor Products, Inc.

(972) 316-8107

investors@smpcorp.com

**Standard Motor Products, Inc. Releases**

**Second Quarter 2025 Results and Quarterly Dividend**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• *Second quarter net sales of $493.9 million up 26.7%, and up 3.5% excluding Nissens* 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• *Second quarter adjusted EBITDA margin increased 190 basis points to* 12.0%

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• *Adjusted Q2 diluted earnings per share of $1.29 increased* 31.6% *from last year*

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• *Raising full-year sales guidance to low 20's percent growth range, including Nissens, reflecting strong first half results*

New York, NY, August 5, 2025......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, 2025.

Net sales for the second quarter of 2025 were $493.9 million, compared to consolidated net sales of $389.8 million during the same quarter in 2024. Earnings from continuing operations for the second quarter of 2025 were $26.3 million or $1.17 per diluted share, compared to earnings of $18.0 million or $0.81 per diluted share in the second quarter of 2024. Excluding non-operational gains and losses identified on the attached reconciliation of GAAP and non-GAAP measures, earnings from continuing operations for the second quarter of 2025 were $28.9 million or $1.29 per diluted share, compared to $21.7 million or $0.98 per diluted share in the second quarter of 2024.

------

Consolidated net sales for the six months ended June 30, 2025, were $907.2 million, compared to consolidated net sales of $721.2 million during the comparable period in 2024. Earnings from continuing operations for the six months ended June 30, 2025, were $40 million or $1.79 per diluted share, compared to $27.8 million or $1.25 per diluted share in the comparable period of 2024. Excluding non-operational gains and losses identified on the attached reconciliation of GAAP and non-GAAP measures, earnings from continuing operations for the six months ended June 30, 2025 and 2024 were $46.9 million or $2.10 per diluted share and $31.7 million or $1.42 per diluted share, respectively.

Mr. Eric Sills, Standard Motor Products' Chairman and Chief Executive Officer stated, "We are very pleased with our strong second quarter results, especially following our record quarter last year. Sales for the quarter increased nearly 27%, or 3.5% excluding the impact of Nissens Automotive (Nissens). This reflects an ongoing trend, as year-to-date we are up 26%, or 4.1% excluding Nissens. Additionally, adjusted diluted earnings per share grew 31.6% for the quarter and 47.9% for the year."

**Segment Highlights**

**North American Aftermarket Segments**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**• Vehicle Control** sales rose nearly 7% in the second quarter, continuing the momentum from the first quarter. Strong customer order activity and solid sell-through underscore the non-discretionary nature of our products.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• **Temperature Control** sales increased 5.5%, despite a challenging comparison to last year's 28% second-quarter growth. We believe this year's early pre-season orders positioned our customers well for the start of the selling season. Year-to-date, the segment is up 12.3%, building on last year's 15.8% growth for the same period.

------

**Nissens**

Our newest segment, Nissens, posted another solid quarter as it contributed sales of $90.5 million, with an adjusted EBITDA margin of 18.0%, ahead of our full-year expectations of mid-teens. Nissens continues to outperform in its markets and is enjoying some of the same weather-related tailwinds as in the U.S.

Eight months into the acquisition, integration efforts are in full stride with many initiatives tracking ahead of plan. We remain very confident in achieving our initial target of $8-12 million in run-rate cost reduction synergies within 24 months of ownership. Additionally, we have now begun implementing growth synergies, launching over 800 new items in North America.

**Engineered Solutions**

Sales in the Engineered Solutions segment declined 8.3% year-over-year, reflecting continued softness in certain end markets. While we expect general weakness to continue in the near term, we believe demand has stabilized, and second half comparisons become easier.

**Profitability & Balance Sheet**

Adjusted EBITDA increased to $59.1 million, up from $39.5 million last year, driven by strong performance in our North American aftermarket segments as well as the $16.3 million contributed from Nissens. Adjusted EBITDA margin climbed 190 basis points to 12.0%, due to the higher rate of Nissens, leverage on the solid sales from our North American aftermarket segments, and ongoing cost containment actions. We remain focused on our cost savings initiatives and continue to look at ways to drive margin improvement going forward.

From a balance sheet perspective, our cash flows and borrowings were in line with expectations. Total net debt at quarter-end stood at $577.8 million, primarily reflecting additional borrowings

------

related to our Nissens acquisition and seasonal working capital build. Our debt leverage declined in the quarter on the strength of our results, and we continue to target getting debt levels to 2.0x Adjusted EBITDA by the end of 2026.

**New Distribution Center**

During the quarter, we officially opened our new 575,000 square foot state-of-the-art distribution center (DC) in Shawnee, Kansas. This facility increases our total distribution footprint by over 200,000 net square feet, and provides a centralized location that offers coverage across the United States. The Shawnee facility will enhance our overall distribution capabilities and better serve our customers' increasing fulfillment needs. We will be ramping up over the balance of the year and intend to exit the Edwardsville DC by year-end and sell the facility thereafter.

**Tariff Impact & Mitigation**

On tariffs, we believe our diverse global footprint provides us with a competitive advantage. Over half of our U.S. sales are from North American-made, USMCA-compliant products, which are largely tariff-free. For products sourced from other regions, we are implementing our mitigation plan as previously described, which includes cost containment through cost-sharing with our suppliers, re-sourcing to lower-tariffed countries, and lastly from pass-through pricing to our customers. As there is a timing delay between costs incurred and pass-throughs to customers, we did experience some tariff costs in the second quarter without the offsetting pricing. We expect ongoing costs to be offset with pricing going forward. We continue to monitor the shifting tariff landscape, and plan to implement any changes as necessary.

**Updated 2025 Guidance**

We are raising our full year sales growth guidance to the low-20's percent range, up from our prior mid-teens expectation, and we reaffirm our adjusted EBITDA margin outlook of 10-11%. Note that our revised guidance now includes the impact of tariffs as they stand as of the end of

------

the second quarter, and includes both pricing and other mitigating actions to offset higher costs. While passing through tariff pricing at our cost creates margin rate compression, we're pleased to see sales growth and other initiatives offset this headwind and allow us to reaffirm EBITDA guidance.

**Dividends**

The Board of Directors has approved payment of a quarterly dividend of 31 cents per share on the common stock outstanding, which will be paid on September 2, 2025, to stockholders of record on August 15, 2025.

**Closing Remarks**

In closing, Mr. Sills commented, "The first half of 2025 exceeded our expectations despite the volatile macroeconomic environment. Our North American aftermarket segments delivered the strongest first half in our history, demonstrating the strength of our market position and the resilience of our industry. Nissens continued to deliver an above market growth rate and holds a market leading position in Europe, supported by the same favorable dynamics we see in the North American aftermarket. We are excited about our future path and remain optimistic about our long-term potential, led by growth and savings synergies with Nissens, along with our ongoing efforts to gain efficiencies and savings across our operations. 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 5, 2025. This call will be webcast and can be accessed on our website at <u>www.smpcorp.com</u> and clicking on the <u>SMP Q2'25 Earnings Call</u> Webcast link. Investors may also listen to the call by dialing 800-343-4136 (domestic) or 203-518-9843 (international). The conference call ID code is SMP2Q2025. 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 800-759-0728 (domestic) or 402-220-7229 (international).

*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.*

------

**Standard Motor Products, Inc.**

**Consolidated Statements of Operations**

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Three Months Ended<br>June 30,** | **Three Months Ended<br>June 30,** | **Six Months Ended<br>June 30,** | **Six Months Ended<br>June 30,** |
| (In thousands, except share and per share data, unaudited) | **2025** | **2024** | **2025** | **2024** |
| Net sales | $493853 | $389829 | $907232 | $721232 |
| Cost of sales | 342964 | 278382 | 631621 | 520263 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Gross profit | 150889 | 111447 | 275611 | 200969 |
| Selling, general and administrative expenses | 107520 | 83885 | 207365 | 158618 |
| Restructuring expenses  | 582 | 2559 | 1255 | 2751 |
| Other income (expense), net | 49 | (17) | 307 | 5 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Operating income | 42836 | 24986 | 67298 | 39605 |
| Other non-operating income, net | 1875 | 2199 | 4123 | 3018 |
| Interest expense | 8295 | 2752 | 16056 | 4819 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Earnings from continuing operations before income taxes | 36416 | 24433 | 55365 | 37804 |
| Provision for income taxes | 9821 | 6109 | 14890 | 9451 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Earnings from continuing operations | 26595 | 18324 | 40475 | 28353 |
| Loss from discontinued operations, net of income taxes | (1058) | (917) | (2197) | (1956) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Net earnings | 25537 | 17407 | 38278 | 26397 |
| Net earnings attributable to noncontrolling interest | 295 | 344 | 470 | 510 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Net earnings attributable to SMP | $25242 | $17063 | $37808 | $25887 |
| <u>Net earnings (loss) attributable to SMP</u> |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Continuing operations | $26300 | $17980 | $40005 | $27843 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Discontinued operations | (1058) | (917) | (2197) | (1956) |
| Net earnings attributable to SMP | $25242 | $17063 | $37808 | $25887 |
| Per common share data |  |  |  |  |
| Basic: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Continuing operations | $1.20 | $0.83 | $1.82 | $1.27 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Discontinued operations | (0.05) | (0.05) | (0.10) | (0.09) |
| Net earnings attributable to SMP per common share | $1.15 | $0.78 | $1.72 | $1.18 |
| Diluted: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Continuing operations | $1.17 | $0.81 | $1.79 | $1.25 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Discontinued operations | (0.04) | (0.04) | (0.10) | (0.09) |
| Net earnings attributable to SMP per common share | $1.13 | $0.77 | $1.69 | $1.16 |
| Dividend declared per common share | $0.31 | $0.29 | $0.62 | $0.58 |
| Weighted average number of common shares, basic | 21984492 | 21767526 | 21935921 | 21845678 |
| Weighted average number of common shares, diluted | 22423208 | 22185536 | 22359693 | 22277590 |

---

------

**Standard Motor Products, Inc.**

**Segment Revenues**

---

| | | | | |
|:---|:---|:---|:---|:---|
| | **Three Months Ended<br>June 30,** | **Three Months Ended<br>June 30,** | **Six Months Ended<br>June 30,** | **Six Months Ended<br>June 30,** |
| | **Three Months Ended<br>June 30,** | **Three Months Ended<br>June 30,** | **Six Months Ended<br>June 30,** | **Six Months Ended<br>June 30,** |
| (in thousands, unaudited) | **2025** | **2024** | **2025** | **2024** |
| **Vehicle Control** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Engine Management (Ignition, Emissions and Fuel Delivery) | $128233 | $115529 | $246599 | $231614 |
| &nbsp;&nbsp;&nbsp;Electrical and Safety | 56828 | 57128 | 115147 | 109535 |
| &nbsp;&nbsp;&nbsp;Wire Sets and Other | 16638 | 16084 | 32295 | 33116 |
| Total Vehicle Control | 201699 | 188741 | 394041 | 374265 |
| **Temperature Control** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;AC System Components | 104777 | 99970 | 171968 | 149930 |
| &nbsp;&nbsp;&nbsp;Other Thermal Components | 26588 | 24511 | 48280 | 46159 |
| Total Temperature Control | 131365 | 124481 | 220248 | 196089 |
| **Nissens Automotive** |  |  |  |  |
| &nbsp;&nbsp;Air Conditioning | 40441 |  | 67607 |  |
| &nbsp;&nbsp;Engine Cooling | 35082 |  | 62855 |  |
| &nbsp;&nbsp;Engine Efficiency | 15014 |  | 26257 |  |
| Total Nissens Automotive | 90537 |  | 156719 |  |
| **Engineered Solutions** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Light Vehicle | 21780 | 24686 | 43184 | 46489 |
| &nbsp;&nbsp;&nbsp;Commercial Vehicle | 21836 | 23483 | 40441 | 46391 |
| &nbsp;&nbsp;&nbsp;Construction/Agriculture | 9584 | 9473 | 18992 | 19549 |
| &nbsp;&nbsp;&nbsp;All Other | 17052 | 18965 | 33607 | 38449 |
| Total Engineered Solutions | 70252 | 76607 | 136224 | 150878 |
| **Total** | $493853 | $389829 | $907232 | $721232 |

---

------

.

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Standard Motor Products, Inc.** | **Standard Motor Products, Inc.** | **Standard Motor Products, Inc.** | **Standard Motor Products, Inc.** | **Standard Motor Products, Inc.** | **Standard Motor Products, Inc.** | **Standard Motor Products, Inc.** | **Standard Motor Products, Inc.** | **Standard Motor Products, Inc.** |
| **Segment Operating Profit** | **Segment Operating Profit** | **Segment Operating Profit** | **Segment Operating Profit** | **Segment Operating Profit** | **Segment Operating Profit** | **Segment Operating Profit** | **Segment Operating Profit** | **Segment Operating Profit** |
| | **Three Months Ended<br>June 30,** | **Three Months Ended<br>June 30,** | **Three Months Ended<br>June 30,** | **Three Months Ended<br>June 30,** | **Six Months Ended<br>June 30,** | **Six Months Ended<br>June 30,** | **Six Months Ended<br>June 30,** | **Six Months Ended<br>June 30,** |
| | **Three Months Ended<br>June 30,** | **Three Months Ended<br>June 30,** | **Three Months Ended<br>June 30,** | **Three Months Ended<br>June 30,** | **Six Months Ended<br>June 30,** | **Six Months Ended<br>June 30,** | **Six Months Ended<br>June 30,** | **Six Months Ended<br>June 30,** |
| (in thousands, unaudited; percentage of net sales) | **2025** | **2025** | **2024** | **2024** | **2025** | **2025** | **2024** | **2024** |
| ***<u>Gross Margin</u>*** |  |  |  |  |  |  |  |  |
| Vehicle Control | $60648 | 30.1% | $59969 | 31.8% | $122809 | 31.2% | $118868 | 31.8% |
| Temperature Control | 42363 | 32.2% | 36609 | 29.4% | 69961 | 31.8% | 56298 | 28.7% |
| Nissens Automotive | 36815 | 40.7% |  | —% | 64653 | 41.3% |  | —% |
| Engineered Solutions | 12689 | 18.1% | 14869 | 19.4% | 24398 | 17.9% | 25803 | 17.1% |
| All Other |  |  |  |  |  |  |  |  |
| **&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Subtotal** | $152515 | 30.9% | $111447 | 28.6% | $281821 | 31.1% | $200969 | 27.9% |
| *Acquisition & Integration Expenses* | (1626) | -0.3% |  | —% | (6210) | -0.7% |  | —% |
| **&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Gross Margin** | $150889 | 30.6% | $111447 | 28.6% | $275611 | 30.4% | $200969 | 27.9% |
| ***<u>Selling, General & Administrative</u>*** |  |  |  |  |  |  |  |  |
| Vehicle Control | $43564 | 21.6% | $43844 | 23.2% | $87399 | 22.2% | $87102 | 23.3% |
| Temperature Control | 22840 | 17.4% | 23165 | 18.6% | 42663 | 19.4% | 40765 | 20.8% |
| Nissens Automotive | 23985 | 26.5% |  | —% | 44239 | 28.2% |  | —% |
| Engineered Solutions | 8718 | 12.4% | 8676 | 11.3% | 17232 | 12.6% | 17367 | 11.5% |
| All Other | 7139 |  | 5789 |  | 13995 |  | 10973 |  |
| **&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Subtotal** | $106246 | 21.5% | $81474 | 20.9% | $205528 | 22.7% | $156207 | 21.7% |
| *Acquisition & Integration Expenses* | 1274 | 0.3% | 2411 | 0.6% | 1837 | 0.2% | 2411 | 0.3% |
| **&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Selling, General & Administrative** | $107520 | 21.8% | $83885 | 21.5% | $207365 | 22.9% | $158618 | 22.0% |
| ***<u>Operating Income</u>*** |  |  |  |  |  |  |  |  |
| Vehicle Control | $17084 | 8.5% | $16125 | 8.5% | $35410 | 9.0% | $31766 | 8.5% |
| Temperature Control | 19523 | 14.9% | 13444 | 10.8% | 27298 | 12.4% | 15533 | 7.9% |
| Nissens Automotive | 12830 | 14.2% |  | —% | 20414 | 13.0% |  | —% |
| Engineered Solutions | 3971 | 5.7% | 6193 | 8.1% | 7166 | 5.3% | 8436 | 5.6% |
| All Other | (7139) |  | (5789) |  | (13995) |  | (10973) |  |
| **&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Subtotal** | $46269 | 9.4% | $29973 | 7.7% | $76293 | 8.4% | $44762 | 6.2% |
| *Restructuring & Integration* | (582) | -0.1% | (2559) | -0.7% | (1255) | -0.1% | (2751) | -0.4% |
| *Acquisition & Integration Expenses* | (2900) | -0.6% | (2411) | -0.6% | (8047) | -0.9% | (2411) | -0.3% |
| *Other Income, Net* | 49 | —% | (17) | —% | 307 | —% | 5 | —% |
| **&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Operating Income** | $42836 | 8.7% | $24986 | 6.4% | $67298 | 7.4% | $39605 | 5.5% |

---

------

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Standard Motor Products, Inc.** | **Standard Motor Products, Inc.** | **Standard Motor Products, Inc.** | **Standard Motor Products, Inc.** | **Standard Motor Products, Inc.** | | | |
| **Reconciliation of GAAP and Non-GAAP Measures** | **Reconciliation of GAAP and Non-GAAP Measures** | **Reconciliation of GAAP and Non-GAAP Measures** | **Reconciliation of GAAP and Non-GAAP Measures** | **Reconciliation of GAAP and Non-GAAP Measures** | | | |
| *(In thousands, except per share amounts, unaudited)* | **Three Months Ended** | **Three Months Ended** | **Six Months Ended** | **Six Months Ended** |  |  |  |
|  | **June 30,** | **June 30,** | **June 30,** | **June 30,** |  |  |  |
|  | **2025** | **2024** | **2025** | **2024** |  |  |  |
| **<u>Earnings from Continuing Operations Attributable To SMP</u>** |  |  |  |  |  |  |  |
| GAAP Earnings from Continuing Operations | $26300 | $17980 | $40005 | $27843 |  |  |  |
| Restructuring Expenses | 582 | 2559 | 1255 | 2751 |  |  |  |
| Acquisition & Integration Expenses | 2900 | 2411 | 8047 | 2411 |  |  |  |
| Income Tax Effect Related To Reconciling Items | (906) | (1292) | (2419) | (1342) |  |  |  |
| Non-GAAP Earnings from Continuing Operations | $28876 | $21658 | $46888 | $31663 |  |  |  |
| **<u>Diluted Earnings Per Share from Continuing Operations Attributable to SMP</u>** |  |  |  |  |  |  |  |
| GAAP Diluted Earnings Per Share from Continuing Operations | $1.17 | $0.81 | $1.79 | $1.25 |  |  |  |
| Restructuring Expenses | 0.03 | 0.12 | 0.06 | 0.12 |  |  |  |
| Acquisition & Integration Expenses | 0.13 | 0.11 | 0.36 | 0.11 |  |  |  |
| Income Tax Effect Related To Reconciling Items | (0.04) | (0.06) | (0.11) | (0.06) |  |  |  |
| Non-GAAP Diluted Earnings Per Share from Continuing Operations | $1.29 | $0.98 | $2.10 | $1.42 |  |  |  |
| **<u>Operating Income</u>** |  |  |  |  |  |  |  |
| GAAP Operating Income | $42836 | $24986 | $67298 | $39605 |  |  |  |
| Restructuring Expenses | 582 | 2559 | 1255 | 2751 |  |  |  |
| Acquisition & Integration Expenses | 2900 | 2411 | 8047 | 2411 | **Last Twelve Months Ended** | **Last Twelve Months Ended** |  |
| Other Income (Expense), Net | (49) | 17 | (307) | (5) | **June 30,** | **June 30,** | **Year Ended** |
| Non-GAAP Operating Income | $46269 | $29973 | $76293 | $44762 | **2025** | **2024** | **December 31, 2024** |
| **<u>EBITDA without Special Items</u>** |  |  |  |  |  |  |  |
| GAAP Earnings from Continuing Operations Before Taxes | $36416 | $24433 | $55365 | $37804 | $91550 | $77714 | $73989 |
| Depreciation and Amortization | 10925 | 7318 | 21192 | 14619 | 37986 | 29512 | 31413 |
| Interest Expense | 8295 | 2752 | 16056 | 4819 | 24749 | 10961 | 13512 |
| &nbsp;&nbsp;&nbsp;&nbsp; EBITDA | 55636 | 34503 | 92613 | 57242 | 154285 | 118187 | 118914 |
| Restructuring Expenses | 582 | 2559 | 1255 | 2751 | 6172 | 4187 | 7668 |
| Acquisition & Integration Expenses | 2900 | 2411 | 8047 | 2411 | 19112 | 2411 | 13476 |
| &nbsp;&nbsp;&nbsp;Special Items | 3482 | 4970 | 9302 | 5162 | 25284 | 6598 | 21144 |
| EBITDA without Special Items | $59118 | $39473 | $101915 | $62404 | $179569 | $124785 | $140058 |
| Management believes that Non-GAAP earnings from continuing operations and Non-GAAP diluted earnings per share from continuing operations which are attributable to SMP, and Non-GAAP operating income and EBITDA without special items, each of which are Non-GAAP measurements and are adjusted for special items, are meaningful to investors because they provide a view of the company with respect to ongoing operating results. Special items represent significant charges or credits that are important to an understanding of the company's overall operating results in the periods presented. Such Non-GAAP measurements are not recognized in accordance with generally accepted accounting principles and should not be viewed as an alternative to GAAP measures of performance. | Management believes that Non-GAAP earnings from continuing operations and Non-GAAP diluted earnings per share from continuing operations which are attributable to SMP, and Non-GAAP operating income and EBITDA without special items, each of which are Non-GAAP measurements and are adjusted for special items, are meaningful to investors because they provide a view of the company with respect to ongoing operating results. Special items represent significant charges or credits that are important to an understanding of the company's overall operating results in the periods presented. Such Non-GAAP measurements are not recognized in accordance with generally accepted accounting principles and should not be viewed as an alternative to GAAP measures of performance. | Management believes that Non-GAAP earnings from continuing operations and Non-GAAP diluted earnings per share from continuing operations which are attributable to SMP, and Non-GAAP operating income and EBITDA without special items, each of which are Non-GAAP measurements and are adjusted for special items, are meaningful to investors because they provide a view of the company with respect to ongoing operating results. Special items represent significant charges or credits that are important to an understanding of the company's overall operating results in the periods presented. Such Non-GAAP measurements are not recognized in accordance with generally accepted accounting principles and should not be viewed as an alternative to GAAP measures of performance. | Management believes that Non-GAAP earnings from continuing operations and Non-GAAP diluted earnings per share from continuing operations which are attributable to SMP, and Non-GAAP operating income and EBITDA without special items, each of which are Non-GAAP measurements and are adjusted for special items, are meaningful to investors because they provide a view of the company with respect to ongoing operating results. Special items represent significant charges or credits that are important to an understanding of the company's overall operating results in the periods presented. Such Non-GAAP measurements are not recognized in accordance with generally accepted accounting principles and should not be viewed as an alternative to GAAP measures of performance. | Management believes that Non-GAAP earnings from continuing operations and Non-GAAP diluted earnings per share from continuing operations which are attributable to SMP, and Non-GAAP operating income and EBITDA without special items, each of which are Non-GAAP measurements and are adjusted for special items, are meaningful to investors because they provide a view of the company with respect to ongoing operating results. Special items represent significant charges or credits that are important to an understanding of the company's overall operating results in the periods presented. Such Non-GAAP measurements are not recognized in accordance with generally accepted accounting principles and should not be viewed as an alternative to GAAP measures of performance. | Management believes that Non-GAAP earnings from continuing operations and Non-GAAP diluted earnings per share from continuing operations which are attributable to SMP, and Non-GAAP operating income and EBITDA without special items, each of which are Non-GAAP measurements and are adjusted for special items, are meaningful to investors because they provide a view of the company with respect to ongoing operating results. Special items represent significant charges or credits that are important to an understanding of the company's overall operating results in the periods presented. Such Non-GAAP measurements are not recognized in accordance with generally accepted accounting principles and should not be viewed as an alternative to GAAP measures of performance. | Management believes that Non-GAAP earnings from continuing operations and Non-GAAP diluted earnings per share from continuing operations which are attributable to SMP, and Non-GAAP operating income and EBITDA without special items, each of which are Non-GAAP measurements and are adjusted for special items, are meaningful to investors because they provide a view of the company with respect to ongoing operating results. Special items represent significant charges or credits that are important to an understanding of the company's overall operating results in the periods presented. Such Non-GAAP measurements are not recognized in accordance with generally accepted accounting principles and should not be viewed as an alternative to GAAP measures of performance. | Management believes that Non-GAAP earnings from continuing operations and Non-GAAP diluted earnings per share from continuing operations which are attributable to SMP, and Non-GAAP operating income and EBITDA without special items, each of which are Non-GAAP measurements and are adjusted for special items, are meaningful to investors because they provide a view of the company with respect to ongoing operating results. Special items represent significant charges or credits that are important to an understanding of the company's overall operating results in the periods presented. Such Non-GAAP measurements are not recognized in accordance with generally accepted accounting principles and should not be viewed as an alternative to GAAP measures of performance. |

---

------

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Standard Motor Products, Inc.** | **Standard Motor Products, Inc.** | **Standard Motor Products, Inc.** | **Standard Motor Products, Inc.** | **Standard Motor Products, Inc.** | **Standard Motor Products, Inc.** | **Standard Motor Products, Inc.** |
| **Reconciliation of GAAP and Non-GAAP Measures by Segments** | **Reconciliation of GAAP and Non-GAAP Measures by Segments** | **Reconciliation of GAAP and Non-GAAP Measures by Segments** | **Reconciliation of GAAP and Non-GAAP Measures by Segments** | **Reconciliation of GAAP and Non-GAAP Measures by Segments** | **Reconciliation of GAAP and Non-GAAP Measures by Segments** | **Reconciliation of GAAP and Non-GAAP Measures by Segments** |
| | **Three Months Ended June 30, 2025** | **Three Months Ended June 30, 2025** | **Three Months Ended June 30, 2025** | **Three Months Ended June 30, 2025** | **Three Months Ended June 30, 2025** | **Three Months Ended June 30, 2025** |
| *(In thousands, unaudited)* | **Vehicle Control** | **Temperature Control** | **Nissens Automotive** | **Engineered Solutions** | **All Other** | **Consolidated** |
| **Operating Income** |  |  |  |  |  |  |
| GAAP Operating Income | $16540 | $19536 | $10034 | $3954 | $(7228) | $42836 |
| Restructuring Expenses | 479 | 53 |  | 39 | 11 | 582 |
| Acquisition & Integration Expenses |  |  | 2822 |  | 78 | 2900 |
| Other (Income) Expense, Net | 65 | (66) | (26) | (22) |  | (49) |
| Non-GAAP Operating Income | $17084 | $19523 | $12830 | $3971 | $(7139) | $46269 |
| **EBITDA without Special Items** |  |  |  |  |  |  |
| GAAP Earnings from Continuing Operations Before Taxes | $15449 | $19602 | $4653 | $3988 | $(7276) | $36416 |
| Depreciation and Amortization | 4070 | 784 | 3325 | 2427 | 319 | 10925 |
| Interest Expense | 1546 | 762 | 5513 | 543 | (69) | 8295 |
| EBITDA | 21065 | 21148 | 13491 | 6958 | (7026) | 55636 |
| Restructuring Expenses | 479 | 53 |  | 39 | 11 | 582 |
| &nbsp;&nbsp;&nbsp;Acquisition & Integration Expenses |  |  | 2822 |  | 78 | 2900 |
| Special Items | 479 | 53 | 2822 | 39 | 89 | 3482 |
| EBITDA without Special Items | $21544 | $21201 | $16313 | $6997 | $(6937) | $59118 |
| &nbsp;&nbsp;*% of Net Sales* | *10.7 %* | *16.1 %* | *18.0 %* | *10.0 %* |  | *12.0 %* |
|  | **Three Months Ended June 30, 2024** | **Three Months Ended June 30, 2024** | **Three Months Ended June 30, 2024** | **Three Months Ended June 30, 2024** | **Three Months Ended June 30, 2024** | **Three Months Ended June 30, 2024** |
| *(In thousands, unaudited)* | **Vehicle Control** | **Temperature Control** | **Nissens Automotive** | **Engineered Solutions** | **All Other** | **Consolidated** |
| **Operating Income** |  |  |  |  |  |  |
| GAAP Operating Income | $15116 | $13197 | $— | $5812 | $(9139) | $24986 |
| Restructuring Expenses | 1009 | 247 |  | 364 | 939 | 2559 |
| Acquisition & Integration Expenses |  |  |  |  | 2411 | 2411 |
| Other Income, Net |  |  |  | 17 |  | 17 |
| Non-GAAP Operating Income | $16125 | $13444 | $— | $6193 | $(5789) | $29973 |
| **EBITDA without Special Items** |  |  |  |  |  |  |
| GAAP Earnings from Continuing Operations Before Taxes | $13067 | $13978 | $— | $6529 | $(9141) | $24433 |
| Depreciation And Amortization | 3606 | 780 |  | 2463 | 469 | 7318 |
| Interest Expense | 1899 | 726 |  | 706 | (579) | 2752 |
| &nbsp;&nbsp;&nbsp;&nbsp; EBITDA | 18572 | 15484 |  | 9698 | (9251) | 34503 |
| Restructuring Expenses | 1009 | 247 |  | 364 | 939 | 2559 |
| &nbsp;&nbsp;&nbsp;Acquisition & Integration Expenses |  |  |  |  | 2411 | 2411 |
| &nbsp;&nbsp;&nbsp;Special Items | 1009 | 247 |  | 364 | 3350 | 4970 |
| EBITDA without Special Items | $19581 | $15731 | $— | $10062 | $(5901) | $39473 |
| &nbsp;&nbsp;*% of Net Sales* | *10.4 %* | *12.6 %* | *— %* | *13.1 %* |  | *10.1 %* |
| Management believes that Non-GAAP operating income and EBITDA without special items, each of which are Non-GAAP measurements and are adjusted for special items, are meaningful to investors because they provide a view of the company with respect to ongoing operating results. Special items represent significant charges or credits that are important to an understanding of the company's overall operating results in the periods presented. Such Non-GAAP measurements are not recognized in accordance with generally accepted accounting principles and should not be viewed as an alternative to GAAP measures of performance. | Management believes that Non-GAAP operating income and EBITDA without special items, each of which are Non-GAAP measurements and are adjusted for special items, are meaningful to investors because they provide a view of the company with respect to ongoing operating results. Special items represent significant charges or credits that are important to an understanding of the company's overall operating results in the periods presented. Such Non-GAAP measurements are not recognized in accordance with generally accepted accounting principles and should not be viewed as an alternative to GAAP measures of performance. | Management believes that Non-GAAP operating income and EBITDA without special items, each of which are Non-GAAP measurements and are adjusted for special items, are meaningful to investors because they provide a view of the company with respect to ongoing operating results. Special items represent significant charges or credits that are important to an understanding of the company's overall operating results in the periods presented. Such Non-GAAP measurements are not recognized in accordance with generally accepted accounting principles and should not be viewed as an alternative to GAAP measures of performance. | Management believes that Non-GAAP operating income and EBITDA without special items, each of which are Non-GAAP measurements and are adjusted for special items, are meaningful to investors because they provide a view of the company with respect to ongoing operating results. Special items represent significant charges or credits that are important to an understanding of the company's overall operating results in the periods presented. Such Non-GAAP measurements are not recognized in accordance with generally accepted accounting principles and should not be viewed as an alternative to GAAP measures of performance. | Management believes that Non-GAAP operating income and EBITDA without special items, each of which are Non-GAAP measurements and are adjusted for special items, are meaningful to investors because they provide a view of the company with respect to ongoing operating results. Special items represent significant charges or credits that are important to an understanding of the company's overall operating results in the periods presented. Such Non-GAAP measurements are not recognized in accordance with generally accepted accounting principles and should not be viewed as an alternative to GAAP measures of performance. | Management believes that Non-GAAP operating income and EBITDA without special items, each of which are Non-GAAP measurements and are adjusted for special items, are meaningful to investors because they provide a view of the company with respect to ongoing operating results. Special items represent significant charges or credits that are important to an understanding of the company's overall operating results in the periods presented. Such Non-GAAP measurements are not recognized in accordance with generally accepted accounting principles and should not be viewed as an alternative to GAAP measures of performance. | Management believes that Non-GAAP operating income and EBITDA without special items, each of which are Non-GAAP measurements and are adjusted for special items, are meaningful to investors because they provide a view of the company with respect to ongoing operating results. Special items represent significant charges or credits that are important to an understanding of the company's overall operating results in the periods presented. Such Non-GAAP measurements are not recognized in accordance with generally accepted accounting principles and should not be viewed as an alternative to GAAP measures of performance. |

---

------

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Standard Motor Products, Inc.** | **Standard Motor Products, Inc.** | **Standard Motor Products, Inc.** | **Standard Motor Products, Inc.** | **Standard Motor Products, Inc.** | **Standard Motor Products, Inc.** | **Standard Motor Products, Inc.** |
| **Reconciliation of GAAP and Non-GAAP Measures by Segments** | **Reconciliation of GAAP and Non-GAAP Measures by Segments** | **Reconciliation of GAAP and Non-GAAP Measures by Segments** | **Reconciliation of GAAP and Non-GAAP Measures by Segments** | **Reconciliation of GAAP and Non-GAAP Measures by Segments** | **Reconciliation of GAAP and Non-GAAP Measures by Segments** | **Reconciliation of GAAP and Non-GAAP Measures by Segments** |
| | **Six Months Ended June 30, 2025** | **Six Months Ended June 30, 2025** | **Six Months Ended June 30, 2025** | **Six Months Ended June 30, 2025** | **Six Months Ended June 30, 2025** | **Six Months Ended June 30, 2025** |
| *(In thousands, unaudited)* | **Vehicle Control** | **Temperature Control** | **Nissens Automotive** | **Engineered Solutions** | **All Other** | **Consolidated** |
| **Operating Income** |  |  |  |  |  |  |
| GAAP Operating Income | $34322 | $27436 | $12621 | $7130 | $(14211) | $67298 |
| Restructuring Expenses | 1005 | 189 |  | 59 | 2 | 1255 |
| Acquisition & Integration Expenses |  |  | 7833 |  | 214 | 8047 |
| Other (Income) Expense, Net | 83 | (327) | (40) | (23) |  | (307) |
| Non-GAAP Operating Income | $35410 | $27298 | $20414 | $7166 | $(13995) | $76293 |
| **EBITDA without Special Items** |  |  |  |  |  |  |
| GAAP Earnings from Continuing Operations Before Taxes | $32495 | $27550 | $2502 | $7419 | $(14601) | $55365 |
| Depreciation and Amortization | 7739 | 1562 | 6312 | 4927 | 652 | 21192 |
| Interest Expense | 2553 | 1301 | 11133 | 1002 | 67 | 16056 |
| EBITDA | 42787 | 30413 | 19947 | 13348 | (13882) | 92613 |
| Restructuring Expenses | 1005 | 189 |  | 59 | 2 | 1255 |
| Acquisition & Integration Expenses |  |  | 7833 |  | 214 | 8047 |
| Special Items | 1005 | 189 | 7833 | 59 | 216 | 9302 |
| EBITDA without Special Items | $43792 | $30602 | $27780 | $13407 | $(13666) | $101915 |
| &nbsp;&nbsp;*% of Net Sales* | *11.1 %* | *13.9 %* | *17.7 %* | *9.8 %* |  | *11.2 %* |
|  | **Six Months Ended June 30, 2024** | **Six Months Ended June 30, 2024** | **Six Months Ended June 30, 2024** | **Six Months Ended June 30, 2024** | **Six Months Ended June 30, 2024** | **Six Months Ended June 30, 2024** |
| *(In thousands, unaudited)* | **Vehicle Control** | **Temperature Control** | **Nissens Automotive** | **Engineered Solutions** | **All Other** | **Consolidated** |
| **Operating Income** |  |  |  |  |  |  |
| GAAP Operating Income | $30656 | $15228 | $— | $8044 | $(14323) | $39605 |
| Restructuring Expenses | 1110 | 305 |  | 397 | 939 | 2751 |
| Acquisition & Integration Expenses |  |  |  |  | 2411 | 2411 |
| Other Income, Net |  |  |  | (5) |  | (5) |
| Non-GAAP Operating Income | $31766 | $15533 | $— | $8436 | $(10973) | $44762 |
| **EBITDA without Special Items** |  |  |  |  |  |  |
| GAAP Earnings from Continuing Operations Before Taxes | $27382 | $15866 | $— | $8875 | $(14319) | $37804 |
| Depreciation And Amortization | 7131 | 1678 |  | 4932 | 878 | 14619 |
| Interest Expense | 3326 | 1257 |  | 1370 | (1134) | 4819 |
| &nbsp;&nbsp;&nbsp;&nbsp; EBITDA | 37839 | 18801 |  | 15177 | (14575) | 57242 |
| Restructuring Expenses | 1110 | 305 |  | 397 | 939 | 2751 |
| Acquisition & Integration Expenses |  |  |  |  | 2411 | 2411 |
| &nbsp;&nbsp;&nbsp;Special Items | 1110 | 305 |  | 397 | 3350 | 5162 |
| EBITDA without Special Items | $38949 | $19106 | $— | $15574 | $(11225) | $62404 |
| &nbsp;&nbsp;*% of Net Sales* | *10.4 %* | *9.7 %* | *— %* | *10.3 %* |  | *8.7 %* |
| Management believes that Non-GAAP operating income and EBITDA without special items, each of which are Non-GAAP measurements and are adjusted for special items, are meaningful to investors because they provide a view of the company with respect to ongoing operating results. Special items represent significant charges or credits that are important to an understanding of the company's overall operating results in the periods presented. Such Non-GAAP measurements are not recognized in accordance with generally accepted accounting principles and should not be viewed as an alternative to GAAP measures of performance. | Management believes that Non-GAAP operating income and EBITDA without special items, each of which are Non-GAAP measurements and are adjusted for special items, are meaningful to investors because they provide a view of the company with respect to ongoing operating results. Special items represent significant charges or credits that are important to an understanding of the company's overall operating results in the periods presented. Such Non-GAAP measurements are not recognized in accordance with generally accepted accounting principles and should not be viewed as an alternative to GAAP measures of performance. | Management believes that Non-GAAP operating income and EBITDA without special items, each of which are Non-GAAP measurements and are adjusted for special items, are meaningful to investors because they provide a view of the company with respect to ongoing operating results. Special items represent significant charges or credits that are important to an understanding of the company's overall operating results in the periods presented. Such Non-GAAP measurements are not recognized in accordance with generally accepted accounting principles and should not be viewed as an alternative to GAAP measures of performance. | Management believes that Non-GAAP operating income and EBITDA without special items, each of which are Non-GAAP measurements and are adjusted for special items, are meaningful to investors because they provide a view of the company with respect to ongoing operating results. Special items represent significant charges or credits that are important to an understanding of the company's overall operating results in the periods presented. Such Non-GAAP measurements are not recognized in accordance with generally accepted accounting principles and should not be viewed as an alternative to GAAP measures of performance. | Management believes that Non-GAAP operating income and EBITDA without special items, each of which are Non-GAAP measurements and are adjusted for special items, are meaningful to investors because they provide a view of the company with respect to ongoing operating results. Special items represent significant charges or credits that are important to an understanding of the company's overall operating results in the periods presented. Such Non-GAAP measurements are not recognized in accordance with generally accepted accounting principles and should not be viewed as an alternative to GAAP measures of performance. | Management believes that Non-GAAP operating income and EBITDA without special items, each of which are Non-GAAP measurements and are adjusted for special items, are meaningful to investors because they provide a view of the company with respect to ongoing operating results. Special items represent significant charges or credits that are important to an understanding of the company's overall operating results in the periods presented. Such Non-GAAP measurements are not recognized in accordance with generally accepted accounting principles and should not be viewed as an alternative to GAAP measures of performance. | Management believes that Non-GAAP operating income and EBITDA without special items, each of which are Non-GAAP measurements and are adjusted for special items, are meaningful to investors because they provide a view of the company with respect to ongoing operating results. Special items represent significant charges or credits that are important to an understanding of the company's overall operating results in the periods presented. Such Non-GAAP measurements are not recognized in accordance with generally accepted accounting principles and should not be viewed as an alternative to GAAP measures of performance. |

---

------

---

| | | | |
|:---|:---|:---|:---|
| **Standard Motor Products, Inc.** | **Standard Motor Products, Inc.** | **Standard Motor Products, Inc.** | **Standard Motor Products, Inc.** |
| **Condensed Consolidated Balance Sheets** | **Condensed Consolidated Balance Sheets** | **Condensed Consolidated Balance Sheets** | **Condensed Consolidated Balance Sheets** |
| *(In thousands)* | **June 2025** | **June 2024** | **December 2024** |
|  | Unaudited | Unaudited |  |
| **ASSETS** | **ASSETS** | **ASSETS** | **ASSETS** |
| Cash | $58792 | $26156 | $44426 |
| Accounts Receivable, Gross | 335047 | 247989 | 216191 |
| Allowance For Expected Credit Losses | 7777 | 8672 | 5472 |
| Accounts Receivable, Net | 327270 | 239317 | 210719 |
| Inventories | 638594 | 508183 | 624913 |
| Unreturned Customer Inventory | 18567 | 18119 | 16163 |
| Other Current Assets | 21841 | 24880 | 25703 |
| Total Current Assets | 1065064 | 816655 | 921924 |
| Property, Plant And Equipment, Net | 183508 | 131921 | 168735 |
| Operating Lease Right-of-use Assets | 111731 | 99121 | 109899 |
| Goodwill | 256266 | 134476 | 241418 |
| Customer Relationships Intangibles, Net | 221024 | 72069 | 210430 |
| Other Intangibles, Net | 99326 | 15528 | 90540 |
| Deferred Income Taxes | 15545 | 40287 | 13199 |
| Investment In Unconsolidated Affiliates | 23495 | 25615 | 24842 |
| Other Assets | 31389 | 38656 | 33139 |
| Total Assets | $2007348 | $1374328 | $1814126 |
| **LIABILITIES AND STOCKHOLDERS' EQUITY** | **LIABILITIES AND STOCKHOLDERS' EQUITY** | **LIABILITIES AND STOCKHOLDERS' EQUITY** | **LIABILITIES AND STOCKHOLDERS' EQUITY** |
| Current Portion Of Revolving Credit Facility | $10000 | $— | $10800 |
| Current Portion Of Term Loan And Other Debt | 20818 | 5030 | 16317 |
| Accounts Payable | 171356 | 105094 | 148009 |
| Accrued Customer Returns | 75207 | 53102 | 46471 |
| Accrued Core Liability | 12040 | 16017 | 12807 |
| Accrued Rebates | 76274 | 54280 | 76168 |
| Payroll And Commissions | 38573 | 32404 | 40964 |
| Sundry Payables And Accrued Expenses | 88147 | 66239 | 84936 |
| Total Current Liabilities | 492415 | 332166 | 436472 |
| Long-term Debt | 605811 | 203162 | 535197 |
| Noncurrent Operating Lease Liability | 99770 | 88820 | 98214 |
| Accrued Asbestos Liabilities | 30527 | 66357 | 84568 |
| Other Liabilities | 75366 | 29501 | 29593 |
| Total Liabilities | 1303889 | 720006 | 1184044 |
| Total SMP Stockholders' Equity | 688619 | 640018 | 615745 |
| Noncontrolling Interest | 14840 | 14304 | 14337 |
| Total Stockholders' Equity | 703459 | 654322 | 630082 |
| Total Liabilities And Stockholders' Equity | $2007348 | $1374328 | $1814126 |

---

------

---

| | | |
|:---|:---|:---|
| **Standard Motor Products, Inc.** | **Standard Motor Products, Inc.** | **Standard Motor Products, Inc.** |
| **Condensed Consolidated Statements of Cash Flows** | **Condensed Consolidated Statements of Cash Flows** | **Condensed Consolidated Statements of Cash Flows** |
| | **Six Months Ended** | **Six Months Ended** |
| | **June 30,** | **June 30,** |
| *(In thousands, unaudited)* | **2025** | **2024** |
| **Cash Flows From Operating Activities** |  |  |
| Net Earnings | $38278 | $26397 |
| Adjustments To Reconcile Net Earnings To Net Cash Used In Operating Activities: |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Depreciation And Amortization | 21192 | 14619 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Other | 11798 | 7516 |
| Change In Assets And Liabilities: |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Accounts Receivable | (108180) | (81060) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Inventory | (3217) | (3641) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Accounts Payable | 17068 | (2168) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Prepaid Expenses And Other Current Assets | 5816 | 2757 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sundry Payables And Accrued Expenses | 15863 | 29966 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Other | (4521) | (4525) |
| Net Cash Used In Operating Activities | (5903) | (10139) |
| **Cash Flows From Investing Activities** |  |  |
| Capital Expenditures | (19295) | (22941) |
| Other Investing Activities | 2972 | 18 |
| Net Cash Used In Investing Activities | (16323) | (22923) |
| **Cash Flows From Financing Activities** |  |  |
| Net Change In Debt | 45868 | 51986 |
| Purchase Of Treasury Stock |  | (10409) |
| Dividends Paid | (13592) | (12706) |
| Other Financing Activities | 348 | (400) |
| Net Cash Provided By Financing Activities | 32624 | 28471 |
| Effect Of Exchange Rate Changes On Cash | 3968 | (1779) |
| Net Increase (Decrease) In Cash | 14366 | (6370) |
| Cash At Beginning Of Period | 44426 | 32526 |
| Cash At End Of Period | $58792 | $26156 |

---