LKQ 3Q 2026: Revenue $3.32B, Net income ($27M), EPS ($0.1) — 10-Q Summary
LKQ reported Q3 2026 revenue of $3.32B, down 5.1% YoY, and a net loss of $27M, compared to a profit of $180M a year prior. Diluted EPS was -$0.1. Revenue declines were seen in parts, services, and Europe, while specialty revenue rose 1.9%. The company completed Germany's ERP implementation and suspended its Specialty sales process.
How this was made
The 30-second read
Why it matters
The quarter shows a sharp earnings deterioration (net loss vs prior-year profit) alongside segment declines, with Germany ERP rollout disruption highlighted as a key cause for Europe weakness.
Market read
Traders can reassess near-term earnings power and margin trajectory based on the reported loss and the cited operational disruptions.
What to watch
Specialty revenue growth (RV and marine) and higher scrap prices could partially offset collision/mechanical volume weakness, so investors should watch whether margins stabilize after ERP completion.
Background
The piece summarizes LKQ’s 3Q 2026 10-Q, including segment drivers and an operational note on Germany’s ERP implementation and Specialty sales process suspension.
Ticker impact
LKQ reported 3Q 2026 revenue of $3.32B (down 5.1% YoY) and a net loss of $27M, with Europe revenue down 10.2% due to Germany ERP disruption.
Likely downside bias as investors price in weaker demand, margin compression, and ongoing ERP-related disruption risk.
The article provides the company’s own quarterly revenue, net income/EPS deterioration, and a concrete segment driver (Germany ERP rollout disrupting operations) that can affect near-term earnings expectations.
Market effects
Weak parts and services demand plus margin pressure may reinforce cautious sentiment toward auto aftermarket and salvage/metal-linked earnings durability.
Europe weakness is attributed to Germany ERP rollout disruption, which could keep regional margin expectations under pressure.
Limited direct spillover beyond autos supply chain, but it can influence read-across for European aftermarket operators.
Counterpoint
Scrap and metals revenue rose and Germany ERP was completed in April, so the worst disruption may be behind them if operations normalize.
Key entities
- companyLKQ
Auto parts and salvage operator reporting 3Q 2026 revenue decline, net loss, and segment headwinds tied to Germany ERP disruption.
