v3.26.1
Consolidated Statements of Income - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Income Statement [Abstract]        
Revenue $ 3,408 $ 3,513 $ 6,877 $ 6,840
Cost of goods sold 2,087 2,157 4,225 4,171
Gross margin 1,321 1,356 2,652 2,669
Selling, general and administrative expenses 990 958 1,984 1,907
Restructuring and transaction related expenses 14 8 47 19
Depreciation and amortization 92 91 179 177
Operating income 225 299 442 566
Other expense (income):        
Interest expense 55 58 108 115
Interest income and other income, net (10) (11) (13) (21)
Total other expense, net 45 47 95 94
Income from continuing operations before provision for income taxes 180 252 347 472
Provision for income taxes 48 67 92 128
Equity in (earnings) losses of unconsolidated subsidiaries (2) (1) 44 0
Income from continuing operations 134 186 211 344
Net income from discontinued operations 2 7 4 18
Net income 136 193 215 362
Less: net income attributable to continuing noncontrolling interest 0 1 0 1
Net income attributable to LKQ stockholders $ 136 $ 192 $ 215 $ 361
Basic earnings per share:        
Income from continuing operations $ 0.52 $ 0.72 $ 0.82 $ 1.33
Net income from discontinued operations 0.01 0.03 0.02 0.07
Net income 0.53 0.75 0.84 1.40
Less: net income attributable to continuing noncontrolling interest 0 0 0 0
Net income attributable to LKQ stockholders 0.53 0.75 0.84 1.40
Diluted earnings per share:        
Income from continuing operations 0.52 0.72 0.82 1.33
Net income from discontinued operations 0.01 0.03 0.02 0.07
Net income 0.53 0.75 0.84 1.40
Less: net income attributable to continuing noncontrolling interest 0 0 0 0
Net income attributable to LKQ stockholders $ 0.53 $ 0.75 $ 0.84 $ 1.40