Filing Flows › LKQ (LKQ) › Q1 2025
LKQ (LKQ) Q1 2025 earnings results (first quarter 2025)
10-Q filed Apr 24, 2025
LKQ (LKQ) reported revenue of $3.3B for the first quarter 2025 (Q1 2025), -10% from a year earlier and +3% from the quarter before. Operating margin was 8.6%, net earnings $169M (5.1% of revenue).
LKQ, Q1 2025: revenue $3.3B (-10% year over year), operating margin 8.6%, net earnings $169M, operating cash flow −$3.0M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $3.3B | +3% | -10% |
| Gross profit | $1.3B | +3% | -10% |
| Operating profit | $287M | +11% | -0.7% |
| Net earnings | $169M | +8% | +7% |
| Operating cash flow | −$3.0M | — | — |
What changed
Revenue was $3.3B in Q1 2025, down 10% year over year and up 3% from the previous quarter. Europe was the largest line at 46% of revenue. Europe lost $0.12B year over year (down 7%), 32% of the total change.
Gross margin was 39.5%, up 0.3 points from a year earlier. Operating profit was $0.29B, a 8.6% margin (up 0.8 points year over year). Operating expenses fell 12% while revenue fell 10%. Net earnings were $0.17B, up 7% year over year. The effective tax rate was 28.1%.
Operating cash flow was −$3.0M. Non-cash charges added back $0.10B of depreciation and amortization and $0.01B of share-based compensation. Working capital and other items used $0.28B. Capital expenditures of $0.05B exceeded it, leaving free cash flow of −$0.06B.
Questions
What was LKQ's revenue in the first quarter 2025?
LKQ (LKQ) reported revenue of $3.3B for the first quarter 2025 (Q1 2025), -10% from a year earlier and +3% from the quarter before.
Was LKQ profitable in the first quarter 2025?
Operating profit was $287M (8.6% of revenue) and net earnings $169M.
Source: LKQ 10-Q on SEC EDGAR.