Filing Flows › LKQ (LKQ) › Q2 2025
LKQ (LKQ) Q2 2025 earnings results (second quarter 2025)
10-Q filed Jul 24, 2025
LKQ (LKQ) reported revenue of $3.5B for the second quarter 2025 (Q2 2025), -5% from a year earlier and +6% from the quarter before. Operating margin was 8.5%, net earnings $193M (5.5% of revenue).
LKQ, Q2 2025: revenue $3.5B (-5% year over year), operating margin 8.5%, net earnings $193M, operating cash flow $296M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $3.5B | +6% | -5% |
| Gross profit | $1.4B | +3% | -6% |
| Operating profit | $299M | +4% | -9% |
| Net earnings | $193M | +14% | +4% |
| Operating cash flow | $296M | — | +39% |
| Free cash flow | $243M | — | +83% |
What changed
Revenue was $3.5B in Q2 2025, down 5% year over year and up 6% from the previous quarter. Europe was the largest line at 46% of revenue. Europe lost $0.03B year over year (down 2%), 16% of the total change.
Gross margin was 38.6%, down 0.2 points from a year earlier. Operating profit was $0.30B, a 8.5% margin (down 0.4 points year over year). Operating expenses fell 5% while revenue fell 5%. Net earnings were $0.19B, up 4% year over year. The effective tax rate was 25.8%.
Operating cash flow was $0.30B (up 39% year over year), 153% of net earnings. Non-cash charges added back $0.10B of depreciation and amortization and $0.01B of share-based compensation. After purchases of property, plant and equipment ($0.05B), free cash flow as the company reports it was $0.24B.
Questions
What was LKQ's revenue in the second quarter 2025?
LKQ (LKQ) reported revenue of $3.5B for the second quarter 2025 (Q2 2025), -5% from a year earlier and +6% from the quarter before.
Was LKQ profitable in the second quarter 2025?
Operating profit was $299M (8.5% of revenue) and net earnings $193M.
Source: LKQ 10-Q on SEC EDGAR.