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Side-by-side financial comparison of CarParts.com, Inc. (PRTS) and WaterBridge Infrastructure LLC (WBI). Click either name above to swap in a different company.

WaterBridge Infrastructure LLC is the larger business by last-quarter revenue ($201.0M vs $120.4M, roughly 1.7× CarParts.com, Inc.). WaterBridge Infrastructure LLC runs the higher net margin — 4.7% vs -9.6%, a 14.3% gap on every dollar of revenue. On growth, WaterBridge Infrastructure LLC posted the faster year-over-year revenue change (-3.8% vs -9.8%).

Genuine Parts Company (GPC) is an American automotive and industrial parts distributor based in Atlanta, Georgia. Established by brothers Carlyle and Malcolm Fraser in 1928, the company has approximately 60,000 employees. In addition to the United States, GPC has operated in Australasia, Belgium, Canada, France, Germany, Mexico, the Netherlands, Poland, and the United Kingdom. GPC's subsidiaries include industrial parts distributor Motion as well as NAPA Auto Parts, which primarily sells part...

Global Infrastructure Partners, LLC (GIP) is an American infrastructure investment fund making equity and selected debt investments across markets worldwide. GIP's main headquarters are located in New York City and its equity investments are based on infrastructure assets in the energy, transport and water & waste sectors. GIP employs approximately 150 investment and operational professionals and has offices in New York, London, Stamford, Sydney, Melbourne, Brisbane, Mumbai, Delhi, Singapore ...

PRTS vs WBI — Head-to-Head

Bigger by revenue
WBI
WBI
1.7× larger
WBI
$201.0M
$120.4M
PRTS
Growing faster (revenue YoY)
WBI
WBI
+6.0% gap
WBI
-3.8%
-9.8%
PRTS
Higher net margin
WBI
WBI
14.3% more per $
WBI
4.7%
-9.6%
PRTS

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
PRTS
PRTS
WBI
WBI
Revenue
$120.4M
$201.0M
Net Profit
$-11.6M
$9.5M
Gross Margin
33.2%
24.0%
Operating Margin
15.2%
Net Margin
-9.6%
4.7%
Revenue YoY
-9.8%
-3.8%
Net Profit YoY
25.0%
EPS (diluted)
$-0.82

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
PRTS
PRTS
WBI
WBI
Q1 26
$201.0M
Q4 25
$120.4M
$208.9M
Q3 25
$127.8M
$123.3M
Q2 25
$151.9M
Q1 25
$147.4M
Q4 24
$133.5M
Q3 24
$144.8M
Q2 24
$144.3M
Net Profit
PRTS
PRTS
WBI
WBI
Q1 26
$9.5M
Q4 25
$-11.6M
$9.0K
Q3 25
$-10.9M
$-667.0K
Q2 25
$-12.7M
Q1 25
$-15.3M
Q4 24
$-15.4M
Q3 24
$-10.0M
Q2 24
$-8.7M
Gross Margin
PRTS
PRTS
WBI
WBI
Q1 26
24.0%
Q4 25
33.2%
22.4%
Q3 25
33.1%
28.4%
Q2 25
32.8%
Q1 25
32.1%
Q4 24
32.5%
Q3 24
35.2%
Q2 24
33.5%
Operating Margin
PRTS
PRTS
WBI
WBI
Q1 26
15.2%
Q4 25
10.7%
Q3 25
-7.9%
19.2%
Q2 25
-8.2%
Q1 25
-10.3%
Q4 24
-11.6%
Q3 24
-6.9%
Q2 24
-6.0%
Net Margin
PRTS
PRTS
WBI
WBI
Q1 26
4.7%
Q4 25
-9.6%
0.0%
Q3 25
-8.5%
-0.5%
Q2 25
-8.4%
Q1 25
-10.4%
Q4 24
-11.5%
Q3 24
-6.9%
Q2 24
-6.0%
EPS (diluted)
PRTS
PRTS
WBI
WBI
Q1 26
Q4 25
$-0.82
Q3 25
$-0.19
$-0.02
Q2 25
$-0.23
Q1 25
$-0.27
Q4 24
$-0.28
Q3 24
$-0.17
Q2 24
$-0.15

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
PRTS
PRTS
WBI
WBI
Cash + ST InvestmentsLiquidity on hand
$25.8M
$50.7M
Total DebtLower is stronger
$9.1M
Stockholders' EquityBook value
$53.5M
Total Assets
$184.9M
$3.8B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PRTS
PRTS
WBI
WBI
Q1 26
$50.7M
Q4 25
$25.8M
$51.5M
Q3 25
$346.6M
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Total Debt
PRTS
PRTS
WBI
WBI
Q1 26
$9.1M
Q4 25
$12.5M
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Stockholders' Equity
PRTS
PRTS
WBI
WBI
Q1 26
Q4 25
$53.5M
Q3 25
$64.2M
$607.7M
Q2 25
$62.4M
Q1 25
$72.8M
Q4 24
$85.2M
Q3 24
$97.2M
Q2 24
$103.9M
Total Assets
PRTS
PRTS
WBI
WBI
Q1 26
$3.8B
Q4 25
$184.9M
$3.7B
Q3 25
$200.3M
$3.9B
Q2 25
$189.6M
Q1 25
$216.5M
Q4 24
$210.6M
Q3 24
$227.6M
Q2 24
$238.0M

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
PRTS
PRTS
WBI
WBI
Operating Cash FlowLast quarter
$95.1M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
9.99×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
PRTS
PRTS
WBI
WBI
Q1 26
$95.1M
Q4 25
$159.7M
Q3 25
$-6.4M
$71.5M
Q2 25
$-25.6M
Q1 25
$5.5M
Q4 24
$1.8M
Q3 24
$8.5M
Q2 24
$-3.6M
Free Cash Flow
PRTS
PRTS
WBI
WBI
Q1 26
Q4 25
Q3 25
$-8.3M
$-117.8M
Q2 25
$-27.9M
Q1 25
$3.4M
Q4 24
$-631.0K
Q3 24
$4.9M
Q2 24
$-10.8M
FCF Margin
PRTS
PRTS
WBI
WBI
Q1 26
Q4 25
Q3 25
-6.5%
-95.6%
Q2 25
-18.3%
Q1 25
2.3%
Q4 24
-0.5%
Q3 24
3.4%
Q2 24
-7.5%
Capex Intensity
PRTS
PRTS
WBI
WBI
Q1 26
Q4 25
Q3 25
1.5%
153.6%
Q2 25
1.5%
Q1 25
1.4%
Q4 24
1.8%
Q3 24
2.5%
Q2 24
4.9%
Cash Conversion
PRTS
PRTS
WBI
WBI
Q1 26
9.99×
Q4 25
17743.89×
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

PRTS
PRTS

Segment breakdown not available.

WBI
WBI

Produced water handling$153.2M76%
Produced water handling - related party$28.7M14%
Other revenues$8.7M4%
Water solutions$8.5M4%
Water solutions - related party$524.0K0%

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