Earnings Releases·Oct 29, 2026, 7:30 AM ET

LKQ Corporation — Third Quarter 2026 Earnings Summary

Revenue decreased 5.1% to $3.3 billion year-over-year, driven by a 5.4% organic decline, while net loss widened to $24 million from $178 million net income in the prior year, largely due to $111 million in pre-tax non-cash impairment charges.
The company withdrew its full-year 2026 guidance and suspended its strategic review of the Specialty segment to allow the new leadership team to conduct a comprehensive business assessment following weak performance in Europe and the Specialty segment.
New President and CEO Salvatore A. "Sal" Abbate was appointed effective December 15, 2026, while the Board authorized a two-year extension to the stock repurchase program and declared a $0.30 quarterly dividend.
Segment EBITDA fell to $296 million (8.9% of revenue) from $395 million in the prior year, with North America performing in line with expectations while Europe and Specialty segments missed targets due to operational issues and volume declines.
Cash flow from operations remained robust at $411 million for the quarter, and total leverage stood at 2.8x EBITDA as of September 30, 2026, despite the company returning $313 million to shareholders over the first nine months of the year.