Lkq Corporation · NASDAQ:LKQ
Lkq — Q1 2026 Earnings Presentation
19 slides from Lkq's earnings presentation, Apr 30, 2026
Slide 1: First Quarter 2026 Earnings Call Presentation
APRIL 30, 2026 First Quarter 2026 Earnings Call Presentation
Slide 2: Forward Looking Statements and Non-GAAP Financial Measures
Forward Looking Statements and Non-GAAP Financial Measures Statements and information in this presentation that are not historical are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and are made pursuant to the “safe harbor” provisions of such A
Slide 3: Opening Remarks
Opening Remarks JUSTIN JUDE President and Chief Executive Officer
Slide 4: Q1 2026 Performance Summary
Q1 2026 Performance Summary ($ in millions, except per share data) Operating Performance(1) Q1 2026 YoY Change ■ January 26, 2026, the Company announced that its Total Revenue $3,469 p 4.3% Board of Directors initiated a formal review of strategic alternatives to identify the best path forward to Or
Slide 5: Q1 2026 Results
Q1 2026 Results RICK GALLOWAY Senior Vice President and Chief Financial Officer
Slide 6: Consolidated Operating Results – Q1 2026
Consolidated Operating Results – Q1 2026 ($ in millions, except per share data) Parts & Services Organic Growth (1) Total Revenue Segment EBITDA (Decline) $3,469 3.4% $379 $3,327 $347 11.4% (0.4)% (1.6)% 10.0% (4.0)% Q1 2025 Q1 2026 North Europe Specialty Total Q1 2025 Q1 2026 America (2) (4) Dilute
Slide 7: North America – Q1 2026
North America – Q1 2026 ($ in millions) Total Revenue Gross Margin Commentary $1,440 Parts and Services Revenue Change $627 $612 • Organic Decline: 0.4% $1,412 • Foreign Exchange: 0.8% 44.4% Organic Drivers 42.4% Repairable claims declined approximately 2% to 4% vs prior year driving lower volumes i
Slide 8: Europe – Q1 2026
Europe – Q1 2026 ($ in millions) Total Revenue Gross Margin Commentary $620 Parts and Services Revenue Change $1,621 $591 $1,522 • Organic Decline: 4.0% • Foreign Exchange: 10.1% • Acquisitions / Divestitures: 0.4% 38.8% 38.3% Organic Drivers Softer volumes due to near-term economic pressure, follow
Slide 9: Specialty – Q1 2026
Specialty – Q1 2026 ($ in millions) Total Revenue Gross Margin Commentary $99 Parts and Services Revenue Change $409 $95 • Organic Growth: 3.4% • Foreign Exchange: 0.3% $394 24.2% 24.3% Organic Drivers Volume growth in our marine and RV product lines Q1 2025 Q1 2026 Q1 2025 Q1 2026 Gross Margin Incr
Slide 10: Capital Allocation, Leverage & Liquidity
Capital Allocation, Leverage & Liquidity YTD 2026 Capital Deployment Key Metrics as of March 31, 2026 ($ and shares in millions) Cash $335 Total Debt(1) $3,875 Effective Interest Rate(2) 5.0% Capex Total Leverage Ratio(3) 2.6x Available Liquidity $2,012 $40M Share Repurchase Program $1,556 Capacity
Slide 11: Outlook 2026
Outlook 2026(1) (effective only on the date issued: April 30, 2026) 2026 Full Year Outlook Organic P&S Revenue Growth (0.5%) to 1.5% Prior Outlook Unchanged Diluted EPS: GAAP(2)(3) $2.16 to $2.46 Prior Outlook $2.35 to $2.65 Adjusted(2)(4) $2.90 to $3.20 Prior Outlook Unchanged Cash Flow: Operating
Slide 12: Closing Remarks
Closing Remarks JUSTIN JUDE President and Chief Executive Officer
Slide 13: Appendix
Appendix L Ka Keeping you moving
Slide 14: Revenue and Segment EBITDA by segment
Appendix 1 Revenue and Segment EBITDA by segment Three Months Ended March 31 We have presented Segment EBITDA solely as a supplemental (in millions) 2026 % of revenue 2025 % of revenue disclosure that offers investors, securities analysts and other interested parties useful information to evaluate o
Slide 15: Reconciliation of Net Income to Segment EBITDA
Appendix 2 Reconciliation of Net Income to Segment EBITDA Three Months Ended March 31 We have presented Segment EBITDA solely as a (in millions) 2026 2025 supplemental disclosure that offers investors, Net income $79 $169 securities analysts and other interested parties useful information to evaluat
Slide 16: Reconciliation of Net Income and Diluted EPS to Adjusted Net Income and Adjusted Diluted EPS
Appendix 3 Reconciliation of Net Income and Diluted EPS to Adjusted Net Income and Adjusted Diluted EPS Three Months Ended March 31 (in millions, except per share data) 2026 2025 Net income $79 $169 Less: net income from discontinued operations 2 11 Income from continuing operations $77 $158 Adjustm
Slide 17: Reconciliation of Net Income and Diluted EPS to Adjusted Net Income and Adjusted Diluted EPS
Appendix 3 Reconciliation of Net Income and Diluted EPS to Adjusted Net Income and Adjusted Diluted EPS We have presented Adjusted Net Income and Adjusted Diluted Earnings per Share as we believe these measures are useful for evaluating the core operating performance of our continuing business acros
Slide 18: Forecasted EPS and Free Cash Flow Reconciliation
Appendix 4 Forecasted EPS and Free Cash Flow Reconciliation Forecasted Fiscal Year 2026 (in millions, except per share data) Minimum Outlook Maximum Outlook Net income(1) $553 $630 Adjustments: Amortization of acquired intangibles 128 128 Restructuring and transaction related expenses 70 70 Impairme
Slide 19: Reconciliations of Net Cash Provided by (Used In) Operating Activities to Free Cash Flow
Appendix 5 Reconciliations of Net Cash Provided by (Used In) Operating Activities to Free Cash Flow Three Months Ended March 31 (in millions) 2026 2025 Net cash used in operating activities(1) $(56) ($3) Less: purchases of property, plant and equipment(1) 40 54 Free cash flow (1) $(96) $(57) (1) Inc