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August 9 , 2021 iD PARTS ID , Inc. Reports Second Quarter 2021 Results Second Quarter Revenues Increased 14.5 % Year - Over - Year to $ 130.4 Million CRANBURY , N.J .-- ( BUSINESS WIRE ) -- PARTS ID , Inc. ( NYSE American : ID ) ( " PARTS ID " or “ Company ” ) , the owner and operator of , among other verticals , “ CARiD.com , ” a leading digital commerce platform for the automotive aftermarket , today announced results for the second quarter ended June 30 , 2021 . Second Quarter 2021 Financial Summary ( Comparisons versus Second Quarter 2020 ) • Net revenue increased 14.5 % to $ 130.4 million as compared to $ 113.9 million . Gross margin was 20.0 % as compared to 21.3 % . • Operating expenses as a percent of net revenue were 19.4 % as compared to 18.6 % . Operating income was $ 0.8 million as compared to $ 3.0 million . Ⓒ Net income was $ 0.6 million as compared to $ 2.3 million . • Adjusted EBITDA was $ 4.2 million compared to $ 5.5 million . First Six Months 2021 Financial Summary ( Comparisons versus First Six Months 2020 ) • Net revenue increased 29.7 % to $ 239.5 million as compared to $ 184.6 million . • Gross margin was 20.4 % as compared to 21.3 % . • Operating expenses as a percent of net revenue were 20.4 % as compared to 20.3 % . • Operating income was $ 11,107 as compared to $ 1.9 million . • Net loss was $ 18,701 as compared to net income of $ 1.4 million . • Adjusted EBITDA was $ 5.4 million compared to $ 6.2 million . Management Commentary " Our second quarter performance was highlighted by 15 % revenue growth year - over - year and a 68 % increase over second quarter 2019 revenue , " said Nino Ciappina , Chief Executive Officer of PARTS iD . " We continue to make important progress advancing CARID.com's position as a leading digital retailer in the $ 400 billion automotive aftermarket industry . Our recent work has focused on driving awareness and demand for our broad and deep selection of automotive accessories and expanding our product offering of collision