10-Q · October 30, 2025
LKQ reported Q3 revenue of $3,499 million (up $46 million versus $3,453 million a year ago) while diluted EPS fell to $0.70 from $0.73. Gross margin was $1,341 million (roughly 38.3%) but operating income declined to…
Earnings analysis · 10-Q
LKQ earnings analysis
Filed April 30, 2026 · Our reading of the company's report
The latest report
LKQ Corporation's Q1 2026 results show a revenue of $3.47 billion, exceeding estimates but experiencing a significant diluted EPS miss at $0.30 compared to an expected $0.67. The revenue reflects a 4.3% year-over-year…
Read full summary
LKQ Corporation's Q1 2026 results show a revenue of $3.47 billion, exceeding estimates but experiencing a significant diluted EPS miss at $0.30 compared to an expected $0.67. The revenue reflects a 4.3% year-over-year increase, despite an impairment charge impacting net income, indicating management is facing challenges in profitability but maintaining revenue growth. There are ongoing strategic reviews, including the exploration of a potential sale of the Specialty segment.
Gross and operating margin
How much of each revenue dollar the business keeps.
One point per quarterly or annual filing. Both margins are shares of that report's revenue.
From revenue to operating profit
Where each $100 of revenue went in this report.
Cost of sales, operating expenses, and what remained. Figures are rounded to whole dollars.
Where revenue came from
The business segments reported by the company.
Shares of the segments disclosed in this filing, largest first.
How we read each report
Our analysis across the last few reports.
Our model's reading of each filing, not the share price or the market's reaction. Annual and quarterly reports each occupy one position.
Reported figures
- Earnings per share
- $0.3
What stood out
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Revenue Growth of 4.3% YOY
Total revenue for Q1 2026 reached $3.47 billion, a 4.3% increase compared to $3.33 billion in Q1 2025.
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Diluted EPS Miss
Reported diluted EPS of $0.30 significantly missed the estimate of $0.67, down from $0.65 in Q1 2025.
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Impairment Charge Impact
Recorded a $44 million impairment charge related to equity method investment which negatively impacted net income.
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Segment Growth in Europe
Revenue in the Europe segment grew by $98 million, or 6.5%, year-over-year.
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Organic Revenue Decline
Organic parts and services revenue decreased by $53 million, or 1.6%.
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Segment EBITDA Variations
Segment EBITDA for North America decreased by $14 million to $203 million due to lower volumes and increased competition.
What to watch
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Significant Impairment Charges
The company recorded a $44 million impairment on its investment in Mekonomen, highlighting valuation risks.
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Free Cash Flow Turnaround
Free cash flow stood at -$57 million, a substantial drop indicating liquidity concerns.
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Operational Challenges in North America
North America segment reported lower organic revenue with increased competition and weather-related disruptions impacting sales.
Management's outlook
Maintained organic revenue growth guidance of (0.5%) to 1.5% for 2026.
Earlier filings 4
10-Q · July 24, 2025
LKQ reported Q2 revenue of $3,642 million and diluted EPS of $0.75. Revenue was down versus the prior-year quarter (Q2 2024 revenue $3,711 million) while EPS and cash improved; working capital, debt and restructuring…
10-Q · October 24, 2024
LKQ reported quarterly revenue of $3,584 million, up $16 million (+0.45%) year-over-year, while diluted EPS declined to $0.73 from $0.77 a year ago. Operating income was essentially flat at $310 million (operating…
10-Q · November 1, 2022
LKQ reported Q3 2022 revenue of $3,104 million, down $193 million (-5.9%) versus Q3 2021, while diluted EPS was $0.95 (vs. $0.96 in Q3 2021). Gross margin improved slightly to $1,276 million (41.1% of revenue) and…
This is our reading of a public filing, not the filing itself. Analysis can contain errors; check the source document for full context.