LKQ Corporation reported second quarter 2026 revenue of $3.41 billion, down 3.0% from $3.51 billion a year earlier. Net income attributable to stockholders was $136 million, compared with $192 million, and diluted earnings per share from continuing operations were $0.52 versus $0.72. Adjusted diluted EPS from continuing operations was $0.67 compared with $0.84. For the first half of 2026, revenue was $6.88 billion, slightly above $6.84 billion, while diluted EPS from continuing operations declined to $0.82 from $1.33.
Operating cash flow was $111 million in the quarter and $55 million year-to-date, with free cash flow of $60 million for the quarter and negative $36 million for the first six months. As of June 30, 2026, total debt was $4.0 billion and total leverage was 2.8x EBITDA. The company returned $207 million to shareholders in the first half via repurchases and dividends and declared a quarterly dividend of $0.30 per share.
Management revised 2026 guidance downward, projecting organic parts and services revenue growth of (3.0%) to (1.0%), diluted EPS from continuing operations of $1.78–$2.08, and adjusted diluted EPS of $2.60–$2.90. The outlook also calls for operating cash flow of $825–$1,025 million and free cash flow of $625–$775 million. A strategic review, including a possible sale of the Specialty segment or the entire company, remains ongoing with no set timetable.
LKQ Corp President of LKQ Europe Andrew C. Hamilton reported a tax-withholding disposition of 82.721 shares of common stock on July 14, 2026 at $25.19 per share. The shares were withheld by the issuer to pay taxes due upon the vesting of restricted stock units, leaving him with 89,978.197 shares held directly.
LKQ CORP VP, Finance and Controller Todd G. Cunningham reported a tax-withholding disposition of 443.444 shares of common stock on July 14, 2026. The shares were withheld by the issuer to cover taxes due upon the vesting of restricted stock units, leaving him with 21,874.875 shares directly owned.
LKQ CORP reported that SVP and CFO Rick Galloway had 314.407 shares of common stock withheld on 2026-07-14 to pay tax obligations upon the vesting of restricted stock units. The shares were withheld by the issuer, and Galloway now holds 97,792.955 shares of common stock directly.
LKQ Corp officer John R. Meyne, President of Wholesale - NA, reported a Form 4 transaction involving Common Stock. On 2026-07-14, 313.3900 shares were disposed of at $25.1900 per share as a tax-withholding disposition. According to the footnote, these shares were withheld by the issuer to pay the tax withholding amount required upon the vesting of restricted stock units. Following this transaction, Meyne directly holds 63,762.7290 shares of LKQ common stock.
LKQ CORP amendment reports that Morgan Stanley now beneficially owns 8,838,156 shares of LKQ Common Stock, representing 3.5% of the class as stated in the filing. The cover details shared voting power of 7,994,686 shares and shared dispositive power of 8,523,121.
The filing notes that, "As of the date hereof, Morgan Stanley has ceased to be the beneficial owner of more than five percent of the class of securities." The amendment is signed by an authorized Morgan Stanley signatory on 05/12/2026.
LKQ CORP director Patrick Berard reported a tax-related share disposition tied to equity compensation. On May 6, 2026, 1,252.8 shares of LKQ common stock were withheld by the company at an average price of $28.925 per share to cover required tax withholding upon the vesting of restricted stock units. After this transaction, Berard directly holds 18,377.5 shares of LKQ common stock.
LKQ CORP director John W. Mendel reported an equity award of 12,101 shares of Common Stock. The filing describes this as a grant or award acquisition at a stated price of $0.00 per share, representing deferred restricted stock units. Following this award, Mendel directly owns 40,070 shares of LKQ common stock.
CLARKE ANDREW C reported acquisition or exercise transactions in this Form 4 filing.
LKQ CORP director Andrew C. Clarke reported receiving equity-based compensation rather than making open-market trades. On May 6, 2026, he was awarded 5,705 deferred restricted stock units tied to his decision to defer his cash fees for year 2026.
He also received an additional 2,744 deferred restricted stock units, with the share count based on the $28.925 average of the high and low trading prices of LKQ common stock on the grant date. These awards reflect compensation and fee deferral, not stock purchases or sales.