Filing Flows › LKQ (LKQ) › Q3 2025
LKQ (LKQ) Q3 2025 earnings results (third quarter 2025)
10-Q filed Oct 30, 2025
LKQ (LKQ) reported revenue of $3.5B for the third quarter 2025 (Q3 2025), +1% from a year earlier and -0.4% from the quarter before. Operating margin was 7.8%, net earnings $180M (5.1% of revenue).
LKQ, Q3 2025: revenue $3.5B (+1% year over year), operating margin 7.8%, net earnings $180M, operating cash flow $440M. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $3.5B | -0.4% | +1% |
| Gross profit | $1.3B | -1% | +0.2% |
| Operating profit | $274M | -8% | -8% |
| Net earnings | $180M | -7% | -6% |
| Operating cash flow | $440M | +49% | +5% |
| Free cash flow | $387M | — | +13% |
What changed
Revenue was $3.5B in Q3 2025, up 1% year over year and roughly flat from the previous quarter. Europe was the largest line at 46% of revenue. Specialty added $0.04B year over year (up 9%), 83% of the total change.
Gross margin was 38.3%, down 0.4 points from a year earlier. Operating profit was $0.27B, a 7.8% margin (down 0.8 points year over year). Operating profit fell $0.03B even though revenue rose $0.05B versus a year earlier, so costs grew faster than sales. Operating expenses grew 3% against revenue growth of 1%. Net earnings were $0.18B, down 6% year over year. The effective tax rate was 20.0%.
Operating cash flow was $0.44B (up 5% year over year), 244% of net earnings. Non-cash charges added back $0.11B of depreciation and amortization and $0.01B of share-based compensation. Working capital and other items added $0.14B. After purchases of property, plant and equipment ($0.05B), free cash flow as the company reports it was $0.39B.
Questions
What was LKQ's revenue in the third quarter 2025?
LKQ (LKQ) reported revenue of $3.5B for the third quarter 2025 (Q3 2025), +1% from a year earlier and -0.4% from the quarter before.
Was LKQ profitable in the third quarter 2025?
Operating profit was $274M (7.8% of revenue) and net earnings $180M.
Source: LKQ 10-Q on SEC EDGAR.