LKQ · 10-Q · 2026Q3 · Full report

Competition and Market Share

LKQ CORP · 2026-10-29 · Importance 25 · Surprise 24

LKQ reported heightened competition in certain European markets as a factor in lower organic parts and services revenue for the first nine months of 2026. In North America, increased competition contributed to lower PBE volumes, alongside lower repairable claims. The filing does not quantify market-share changes or identify specific competitors.

Key facts

• North America's three-month 2026 parts and services revenue was pressured by lower salvage collision and mechanical volumes and lower aftermarket and PBE volumes from fewer repairable claims, partly offset by salvage pricing initiatives. source
• North America's nine-month 2026 revenue was pressured by lower salvage collision and mechanical volumes and lower PBE volumes from increased competition and fewer repairable claims, partly offset by pricing initiatives and a $6 million (0.2%) favorable exchange-rate effect. source