v3.26.3
Consolidated Statements of Income - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2026
Sep. 30, 2025
Sep. 30, 2026
Sep. 30, 2025
Income Statement [Abstract]        
Revenue $ 3,319 $ 3,499 $ 10,196 $ 10,339
Cost of goods sold 2,083 2,158 6,308 6,329
Gross margin 1,236 1,341 3,888 4,010
Selling, general and administrative expenses 959 958 2,943 2,865
Restructuring and transaction related expenses 24 14 71 33
Impairment of goodwill 88 0 88 0
Impairment of net assets held for sale 23 0 23 0
Depreciation and amortization 89 95 268 272
Operating income 53 274 495 840
Other expense (income):        
Interest expense 56 55 164 170
Interest income and other income, net (8) (4) (21) (25)
Total other expense, net 48 51 143 145
Income from continuing operations before provision for income taxes 5 223 352 695
Provision for income taxes 32 45 124 173
Equity in (earnings) losses of unconsolidated subsidiaries (2) 0 42 0
(Loss) income from continuing operations (25) 178 186 522
Net (loss) income from discontinued operations (2) 2 2 20
Net (loss) income (27) 180 188 542
Less: net (loss) income attributable to continuing noncontrolling interest (1) 0 (1) 1
Net (loss) income attributable to LKQ stockholders $ (26) $ 180 $ 189 $ 541
Basic earnings per share:        
(Loss) income from continuing operations $ (0.09) $ 0.69 $ 0.73 $ 2.02
Net (loss) income from discontinued operations (0.01) 0.01 0.01 0.08
Net (loss) income (0.10) 0.70 0.74 2.10
Less: net (loss) income attributable to continuing noncontrolling interest 0 0 0 0
Net (loss) income attributable to LKQ stockholders (0.10) 0.70 0.74 2.10
Diluted earnings per share:        
(Loss) income from continuing operations (0.09) 0.69 0.73 2.02
Net (loss) income from discontinued operations (0.01) 0.01 0.01 0.08
Net (loss) income (0.10) 0.70 0.74 2.10
Less: net (loss) income attributable to continuing noncontrolling interest 0 0 0 0
Net (loss) income attributable to LKQ stockholders $ (0.10) $ 0.70 $ 0.74 $ 2.10
Specialty [Member]        
Income Statement [Abstract]        
Impairment of goodwill $ 88 $ 0 $ 88 $ 0