Filing Flows › LKQ (LKQ) › Q1 2026
LKQ (LKQ) Q1 2026 earnings results (first quarter 2026)
10-Q filed Apr 30, 2026
LKQ (LKQ) reported revenue of $3.5B for the first quarter 2026 (Q1 2026), +4% from a year earlier and +5% from the quarter before. Operating margin was 6.3%, net earnings $79.0M (2.3% of revenue).
LKQ, Q1 2026: revenue $3.5B (+4% year over year), operating margin 6.3%, net earnings $79.0M, operating cash flow −$56.0M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $3.5B | +5% | +4% |
| Gross profit | $1.3B | +6% | +1% |
| Operating profit | $217M | +42% | -19% |
| Net earnings | $79.0M | +20% | -53% |
| Operating cash flow | −$56.0M | -117% | — |
What changed
Revenue was $3.5B in Q1 2026, up 4% year over year and up 5% from the previous quarter. Europe was the largest line at 47% of revenue. Europe added $0.10B year over year (up 7%), 70% of the total change.
Gross margin was 38.4%, down 1.1 points from Q1 2025. Operating profit was $0.22B, a 6.3% margin (down 1.8 points year over year). Operating profit fell $0.05B even though revenue rose $0.14B versus Q1 2025, so costs grew faster than sales. Operating expenses grew 7% against revenue growth of 4%. The fastest-growing cost line was Other operating costs (+24%). Net earnings were $0.08B, down 53% year over year. The effective tax rate was 35.8%.
Operating cash flow was −$0.06B. Non-cash charges added back $0.10B of depreciation and amortization and $0.01B of share-based compensation. Working capital and other items used $0.24B. Capital expenditures of $0.04B exceeded it, leaving free cash flow of −$0.10B.
Questions
What was LKQ's revenue in the first quarter 2026?
LKQ (LKQ) reported revenue of $3.5B for the first quarter 2026 (Q1 2026), +4% from a year earlier and +5% from the quarter before.
Was LKQ profitable in the first quarter 2026?
Operating profit was $217M (6.3% of revenue) and net earnings $79.0M.
Source: LKQ 10-Q on SEC EDGAR.