LKQ Corporation appointed Sal Abadi CEO effective December 15th, suspended full year 2026 guidance and the strategic review, and reported third quarter revenue of approximately $3.3 billion, down 5.1%, with diluted loss per share of $0.09.
LKQ · Lkq Corp
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LKQ suspended its strategic review, including the Specialty segment sales process, on October 29, 2026, so new leadership can assess the business and value-creation pathways. It also recorded an $88 million Specialty goodwill impairment after underperformance.
LKQ Corporation reported third quarter 2026 revenue of $3.3 billion, down 5.1%, and a net loss of $24 million. It suspended its strategic review, including the Specialty segment sales process, and withdrew full-year 2026 guidance.
LKQ Corporation reported preliminary third-quarter revenue of $3.32 billion and net loss of $16 million to $32 million, appointed Salvatore A. Abbate CEO effective December 15, 2026, retained Alvarez & Marsal for European operations, and withdrew full-year 2026 guidance.
Metrics snapshot
Useful current figures from the complete screener profile.
Quarterly results
* Q4 derived as the full year minus Q1 to Q3.
AI Brief
Q2 FY26 earnings call · Jul 30, 2026TL;DR. LKQ returned North America to positive organic growth and raised alternative-parts utilization to a record, but cut its 2026 adjusted EPS outlook to $2.60-$2.90 (from $2.90-$3.20) and lowered free cash flow guidance to $625-$775M (from $700-$850M) due to a slower-than-expected Europe ERP recovery.
- + Alternative-parts utilization hit a record of over 40% in Q2, surpassing Q1's prior record
- + Specialty delivered 4.5% organic revenue growth in Q2, in line with expectations
- + Europe generated over $40M of year-over-year cost/productivity improvements outside the ERP disruption
- − Cut 2026 adjusted EPS guidance to $2.60-$2.90 from $2.90-$3.20
- − Lowered 2026 free cash flow outlook to $625-$775M from $700-$850M
- − Europe Q2 organic revenue fell 12.6% and segment EBITDA dropped $42M YoY to $109M (7.5% margin) due to ERP disruption in Germany
- − ERP implementation in Germany cut Q2 EBITDA by an estimated $50M and revenue by ~$140M, with recovery pushed to year-end
AI-generated from the earnings call and 8-K · may contain errors · not investment advice
Equibles Rating
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Guidance & track record
Still-open targets the latest release did not restate under the same label.
Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.
Technicals
trend & momentum for long-term holders NeutralIllustrative technical + ownership context — a signal mix, not investment advice.
Key metrics
the company's own KPIs, from written earnings releases and filings| Metric | Latest | Period | YoY |
|---|---|---|---|
| Segment EBITDA | $296M | FY2026 Q3 | -25.1% |
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| Europe parts and services organic revenue decline | 9.8% | the third quarter | — |
| Parts and services organic revenue decline | 5.4% | the third quarter | — |
| Adjusted Diluted Earnings per Share non-GAAP | $1.33 | Six Months Ended June 30 | — |
| Adjusted net income non-GAAP | $341M | Six Months Ended June 30 | — |
| Europe Segment EBITDA non-GAAP | $235M | Six Months Ended June 30 | — |
| free cash flow non-GAAP | $60M | Q2 2026 | — |
GAAP → non-GAAP reconciliationGAAP Net cash provided by operating activities 111M
-51M Less: purchases of property, plant and equipment
= Free cash flow 60M
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| North America Segment EBITDA non-GAAP | $410M | Six Months Ended June 30 | — |
| Segment EBITDA as a percentage of revenue non-GAAP | 10.1% | Six Months Ended June 30 | — |
| Specialty Segment EBITDA non-GAAP | $51M | Six Months Ended June 30 | — |
Figures exactly as the company stated them in writing · click a metric with a to chart its history · period links open the stating document · "filing" marks figures stated in the 10-K/10-Q · YoY needs an exactly comparable prior-year period
Versus peers
Auto Parts — same industry group| Company | Mkt cap | YTD | Rev growth Y/Y | P/E | Short % shares |
|---|---|---|---|---|---|
|
LKQ
this stock
Lkq Corp
|
$5.29B | -32.0% | -1.2% | — | 6.6% |
|
ORLY
O Reilly Automotive Inc
|
$75.60B | +0.3% | +6.4% | 29.7 | 2.7% |
|
AZO
Autozone Inc
|
$53.26B | -2.4% | +7.4% | 21.7 | 3.6% |
|
SMTOY
Sumitomo Electric Industries Ltd
|
$25.21B | — | — | — | 0.0% |
|
NGKSF
NGK Spark Plug Co., Ltd.
|
$20.13B | +18.4% | — | — | 0.7% |
Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding
At a glance
key data from every section- Filed
- Oct 29, 2026
- This year
- 16
LKQ Corporation reported third quarter 2026 revenue of $3.3 billion, down 5.1%, and a net loss of $24 million. It suspended its strategic review, including the Specialty segment sales process, and withdrew full-year 2026 guidance.
ViewPerformance
| 5D | 20D | 120D | MTD | YTD | |
|---|---|---|---|---|---|
| LKQ | +13.5% | -6.7% | -16.5% | +10.7% | -32.0% |
| SPY | -4.7% | -5.3% | -0.8% | -3.0% | +7.5% |
| vs SPY | +18.2% | -1.4% | -15.7% | +13.7% | -39.5% |
Capital returns
Dividends per share over the trailing 365 days by ex-date · buyback figures as last reported in SEC filings ("spent" derived as authorized − remaining; when several programs run concurrently, authorized is their combined total per the newest filing) · components shown separately — trailing-year buyback spend isn't tracked, so no combined shareholder yield is derived.