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LKQ (LKQ) Q3 FY2026 earnings: revenue $3.3 billion, down 5.1% on the year

LKQ Corp. (LKQ) announced its results for Q3 FY2026, the quarter ended 30 September 2026, on 29 October 2026. Revenue was $3.3 billion, down 5.1% on the same quarter a year earlier. Net income was -$26 million, and diluted earnings per share -$0.10. The figures are from the company's earnings press release; the 10-Q with the full statements is not filed yet, and this page fills in when it is.

Revenue$3.3 billiondown 5.1%
Net income-$26 million
Diluted EPS-$0.10$0.70 a year earlier
QuarterQ3 FY2026ended 30 September 2026

What management said

  • Revenue fell 5.1% on lower organic sales: Revenue was $3.3 billion, down 5.1% from $3.5 billion a year earlier. Parts and services revenue fell 5.6% in the quarter.
  • Net loss included impairment charges: Net loss was $24 million, including $111 million of pre-tax non-cash impairment charges. The year-earlier quarter had net income of $178 million.
  • Full-year 2026 guidance withdrawn: Full-year 2026 guidance was withdrawn. The guidance had last been updated on July 30, 2026.
Read the earnings call summary

The quarter, against the one before and a year earlier

LineQ3 FY2026Q2 FY2026Q3 FY2025Change on the year
Revenue3,3193,4083,499-5.1%
Net income-26.0136180n/a
Diluted EPS-$0.10$0.53$0.70n/a
$ million except per share.
Read moreQ3 FY2026 is from the company's press release of 29 October 2026; the other columns are from its 10-Q and 10-K filings. A release figure is shown when the release's own figure for an earlier quarter matches the filed one, so the line and its units are read right.

Quarterly results, the last 20 quarters filed

Q3 FY2021 †Q4 FY2021 *Q1 FY2022Q2 FY2022Q3 FY2022Q4 FY2022 *Q1 FY2023Q2 FY2023Q3 FY2023Q4 FY2023 *Q1 FY2024Q2 FY2024Q3 FY2024 †Q4 FY2024 *Q1 FY2025 †Q2 FY2025 †Q3 FY2025Q4 FY2025 *Q1 FY2026Q2 FY2026
Revenue3,2973,1863,3483,3413,1043,0013,3493,4483,5683,5013,7033,7113,4533,3573,3273,5133,499n/a3,4693,408
Cost of revenue1,9531,9161,9911,9741,8281,7781,9772,0342,1782,1022,2512,2702,1152,0322,0142,1572,158n/a2,1382,087
Gross profit1,3431,2701,3571,3671,2761,2231,3721,4141,3901,3991,4521,4411,3381,3251,3131,3561,341n/a1,3311,321
Gross margin41%40%41%41%41%41%41%41%39%40%39%39%39%39%39%39%38%n/a38%39%
SG&A8989209248988618619319389791,0221,044976931925949958958n/a994990
Operating income378280371559358293365407308277289329299271267299274n/a217225
Operating margin11%9%11%17%12%10%11%12%9%8%8%9%9%8%8%9%8%n/a6%7%
Interest expensen/an/a-16.0-16.0-19.0-27.0-36.0-52.0-62.0-64.0-64.0-66.0-66.0-84.0-62.0-63.0-55.0n/a-53.0-55.0
Pre-tax income366271356543347272361389263222231266246209220252223n/a167180
Tax rate24%15%25%23%25%30%26%28%23%19%31%31%25%27%28%27%20%n/a26%27%
Net income284236273420262194270282208178158186192157169193180n/a79.0136
Net margin9%7%8%13%8%6%8%8%6%5%4%5%6%5%5%5%5%n/a2%4%
Diluted EPS$0.96$0.81$0.95$1.49$0.95$0.72$1.01$1.05$0.78$0.66$0.59$0.70$0.73$0.60$0.65$0.75$0.70n/a$0.31$0.53
Operating cash flow4295.0409328273240223480441212253213420235-3.0296440n/a-56.0111
Capital expenditure45.016159.040.049.074.070.066.097.012566.080.079.086.054.053.053.0n/a40.051.0
Free cash flow384-15635028822416615341434487.0187133341149-57.0243387n/a-96.060.0
Buybacks2313021443843441688.00.00.030.030.012512580.040.039.040.0n/a1.052.0
Dividends paid0.072.971.071.068.074.074.074.074.080.081.080.079.078.078.078.078.0n/a77.077.0
Shares outstanding292m287m285m277m270m267m268m268m268m267m267m264m261m259m258m257m256m255m255m253m
Filing10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q
Each quarter as filed, linked to its filing.
Read more* The fourth quarter is the full year less the first three quarters, because the company files the year and not the quarter on its own. A fourth quarter's EPS, and its diluted share count where shown, are from the company's results press release for that quarter, checked against the company's filed figures or a second data source. A fourth quarter left blank is one the arithmetic cannot give yet: the annual report changed the basis of the year (a business sold or spun off, a line regrouped), so the year less the three quarters as first filed would not be a quarter of anything. It fills in once the three quarters have been refiled on the new basis. A quarter marked † is shown as the company last restated it in a later filing, so it compares with the quarters around it on one basis; rest on a figure for the one first filed. EPS is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and the share count are as they are. Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Cash flow lines filed year to date are the difference between two filings. Shares outstanding are at the period end where the balance sheet tags them, otherwise the count on the filing's cover page. A derived fourth-quarter EPS is left blank when a split in the year makes the arithmetic meaningless.

Earnings press release for the quarter ended 30 September 2026, filed with the SEC on 29 October 2026 with a Form 8-K: the release.