FORM 10-Q ☒QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF1934 For the quarterly period ended June30, 2026OR TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF1934 For the transition period fromtoCommission file number: 1-5690__________________________________________ GENUINE PARTS COMPANY (Exact name of registrant as specified in its charter)__________________________________________ 678-934-5000 (Registrant’s telephone number, including area code) Securities registered pursuant to Section 12(b) of the Act: Indicate by check mark whether the registrant (1)has filed all reports required to be filed by Section13 or 15(d) ofthe Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant wasrequired to file such reports), and (2)has been subject to such filing requirements for the past 90 days.Yes☒No☐ Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to besubmitted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for suchshorter period that the registrant was required to submit such files).Yes☒No☐ Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer,a smaller reporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “acceleratedfiler,” “smaller reporting company” and “emerging growth company” in Rule 12b-2 of the Exchange Act. Large accelerated filer☒Non-accelerated filer☐Emerging growth company☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extendedtransition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a)of the Exchange Act.☐ Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the ExchangeAct).Yes☐No☒ There were 137,859,758 shares of common stock outstanding as of July17, 2026. Table of Contents PART I Item1.Financial Statements2Condensed Consolidated Balance Sheets2Condensed Consolidated Statements of Income3Condensed Consolidated Statements of Comprehensive Income3Condensed Consolidated Statements of Equity5Condensed Consolidated Statements of Cash Flows7Notes to Condensed Consolidated Financial Statements8Item2.Management’s Discussion and Analysis of Financial Condition and Results of Operations19Item3.Quantitative and Qualitative Disclosures About Market Risk30Item4.Controls and Procedures30 PART II Item 1.Legal Proceedings31Item1A.Risk Factors31Item2.Unregistered Sales of Equity Securities and Use of Proceeds31Item 5.Other Information31Item6.Exhibits32Signatures33 GENUINE PARTS COMPANY AND SUBSIDIARIESCONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME(UNAUDITED) Six Months Ended June 30, NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS 1.General Basis of Presentation The accompanying unaudited Condensed Consolidated Financial Statements have been prepared in accordance withthe instructions to Form 10-Q and therefore do not include all information and footnotes required by accounting principlesgenerally accepted in the U.S. (“U.S. GAAP”) for complete financial statements. Except as disclosed herein, there havebeen no material changes in the information disclosed in the Notes to the Consolidated Financial Statements included inthe Annual Report on Form 10-K of Genuine Parts Company (the “Company,” “we,” “our,” “us,” or “its”) for the year endedDecember 31, 2025. Accordingly, the unaudited Condensed Consolidated Financial Statements and related disclosuresherein should be read in conjunction with our 2025 Annual Report on Form 10-K. On February 17, 2026, we announced our intention to separate the Company into two independent, publicly tradedcompanies: Global Automotive and Global Industrial. Global Automotive would include our North America Automotive andInternational Automotive segments, and Global Industrial would include our Industrial segment. The transaction isintended to qualify as a tax-free transaction for U.S. federal income tax purposes for the Company’s shareholders. Theseparation is targeted for completion in the first quarter of 2027, subject to certain customary and regulatory conditions.There can be no assurance that any separation transaction will ultimately occur or, if one does occur, of its terms or timing.Our Condensed Consolidated Financial Statements and related footnotes do not reflect the proposed separation. The preparation of interim financial statements requires management to make estimates and assumptions that affectthe amounts reported in the unaudited Condensed Consolidated Financial Statements. Specifically, we make estimatesand assumptions in our unaudited Condensed Consolidated Financial Statements for inventory adjustments, the accrualof bad