LKQ Corporation — Third Quarter 2026 Earnings Summary

LKQ Corporation reported a net loss of $24 million for the third quarter of 2026, driven by $111 million in pre-tax non-cash impairment charges, compared to a net income of $178 million in the same period the previous year. Revenue for the quarter declined 5.1% to $3.3 billion, with significant weakness in the Europe segment attributed to ERP implementation issues in Germany and volume declines in the United Kingdom and Benelux. In response to these performance challenges, the Board appointed Salvatore A. Abbate as the new Chief Executive Officer and suspended its ongoing strategic review of the Specialty segment. Despite the reported loss, the company generated $411 million in operating cash flow and returned $106 million to shareholders through stock repurchases and dividends during the quarter.