AI brief of an SEC Form 8-K · LKQ (LKQ)

LKQ Q1 revenue rose 4.3% to $3,469 million; diluted EPS fell to $0.30

Mixed Impact 4 of 5 earnings Written later

LKQ reported first quarter 2026 revenue up 4.3% to $3,469 million, but diluted EPS fell 50.8% to $0.30, including a $44 million impairment on its Mekonomen equity investment. The company cut its GAAP diluted EPS outlook to $2.16 to $2.46 from $2.35 to $2.65, while keeping its adjusted EPS outlook at $2.90 to $3.20, and said its board is reviewing strategic alternatives.

Key points

  • Q1 2026 revenue was $3,469 million, up 4.3% from $3,327 million; parts and services organic revenue fell 1.6%.
  • Q1 diluted EPS was $0.30 versus $0.61; adjusted diluted EPS was $0.67 versus $0.74, down 9.5%.
  • Full-year 2026 GAAP diluted EPS outlook was lowered to $2.16 to $2.46 from $2.35 to $2.65; adjusted diluted EPS outlook of $2.90 to $3.20 was unchanged.
  • Free cash flow was negative $96 million in Q1; the board declared a $0.30 per share dividend payable June 4, 2026.

The filing

CompanyLKQ (LKQ)
Form8-K, current report
Filed with the SECApr 30, 2026, 7:33 AM ET
Accession number0001065696-26-000030

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 1:05 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on April 30, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.