Filing Flows › LKQ (LKQ) › Q2 2026
LKQ (LKQ) Q2 2026 earnings results (second quarter 2026)
10-Q filed Jul 30, 2026
LKQ (LKQ) reported revenue of $3.4B for the second quarter 2026 (Q2 2026), -3% from a year earlier and -2% from the quarter before. Operating margin was 6.6%, net earnings $136M (4.0% of revenue).
LKQ, Q2 2026: revenue $3.4B (-3% year over year), operating margin 6.6%, net earnings $136M, operating cash flow $111M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $3.4B | -2% | -3% |
| Gross profit | $1.3B | -0.8% | -3% |
| Operating profit | $225M | +4% | -25% |
| Net earnings | $136M | +72% | -30% |
| Operating cash flow | $111M | — | -62% |
| Free cash flow | $60.0M | — | -75% |
What changed
Revenue was $3.4B in Q2 2026, down 3% year over year and down 2% from the previous quarter. North America Segment was the largest line at 43% of revenue. Europe lost $0.15B year over year (down 9%), 145% of the total change.
Gross margin was 38.8%, up 0.2 points from Q2 2025. Operating profit was $0.23B, a 6.6% margin (down 1.9 points year over year). Operating expenses grew 4% against a revenue fall of 3%. Net earnings were $0.14B, down 30% year over year. The effective tax rate was 26.1%.
Operating cash flow was $0.11B (down 62% year over year), 82% of net earnings. Non-cash charges added back $0.10B of depreciation and amortization and $0.01B of share-based compensation. Working capital and other items used $0.14B. After purchases of property, plant and equipment ($0.05B), free cash flow as the company reports it was $0.06B.
Questions
What was LKQ's revenue in the second quarter 2026?
LKQ (LKQ) reported revenue of $3.4B for the second quarter 2026 (Q2 2026), -3% from a year earlier and -2% from the quarter before.
Was LKQ profitable in the second quarter 2026?
Operating profit was $225M (6.6% of revenue) and net earnings $136M.
Source: LKQ 10-Q on SEC EDGAR.