Quarterly ResultJul 30, 2026, 02:20 PM
LKQ Q2 Revenue $3.41B, EPS $0.53; H1 Net Income Down
AI Summary
LKQ Corp reported a decline in its second-quarter 2026 financial results, with revenue decreasing to $3.41 billion and net income attributable to stockholders falling to $136 million, resulting in basic EPS of $0.53. For the first half of 2026, net income significantly decreased to $215 million, and operating cash flow also saw a substantial reduction. The company completed six acquisitions for $104 million, incurred $40 million in restructuring expenses, and recognized a $44 million impairment charge on its Mekonomen investment.
Key Highlights
- Q2 2026 Revenue: $3.41 billion, down from $3.51 billion YoY.
- Q2 2026 Net Income attributable to stockholders: $136 million, down from $192 million YoY.
- Q2 2026 Basic EPS attributable to stockholders: $0.53, down from $0.75 YoY.
- H1 2026 Net Cash Provided by Operating Activities: $55 million, down from $293 million YoY.
- Acquired six businesses for $104 million in H1 2026, including RSI for $66 million.
- Incurred $40 million in strategic restructuring and transformation expenses in H1 2026.
- Recorded $44 million impairment charge on Mekonomen equity method investment in H1 2026.
- Europe segment Q2 revenue declined to $1.45 billion from $1.60 billion YoY.
Price Impact
More from LKQ