LKQ · 10-Q · 2026Q3 · Full report

Geographic Revenue Shift

LKQ CORP · 2026-10-29 · Importance 42 · Surprise 40

Europe parts and services revenue fell 10.2% in the third quarter and 4.7% for the first nine months of 2026. Germany’s ERP implementation caused lower volumes, while the U.K. and Benelux also had volume declines; nine-month results additionally reflected heightened competition in certain European markets and difficult economic conditions. North America parts and services revenue declined 2.6% in the quarter and 0.6% year to date, with lower collision and mechanical salvage volumes and lower PBE volumes from fewer repairable claims and, year to date, increased competition. Specialty parts and services revenue increased 1.9% in the quarter and 3.5% year to date, led by marine and recreational vehicle product-line volume growth.