LKQ LKQ Income tax examination, penalties and interest expense (benefit)
Income tax examination, penalties and interest expense (benefit) at other companies
Other financials
Where this comes from
Reported directly by LKQ in its filing.
Tagged under the XBRL concept us-gaap:IncomeTaxExaminationPenaltiesAndInterestExpense.
The source filing: LKQ’s 10-K, filed February 19, 2026.
- Filed
- Feb 19, 2026, 4:59 PM EST
- Fiscal year
- FY2025
- Accession
- 0001065696-26-000012
We recognize interest and penalties accrued related to unrecognized tax benefits as income tax expense. As of the years ended December 31, 2025, 2024 and 2023, we had accumulated interest and penalties of $1 million, attributable to the unrecognized tax benefits noted above. During each of the years ended December 31, 2025, 2024 and 2023, we recorded $1 million or less of interest and penalties through the income tax provision, prior to any reversals for lapses in the statutes of limitations and settlements.
ITEM 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA
FAQ
- What is LKQ's income tax examination, penalties and interest expense (benefit)?
- LKQ (LKQ) reported income tax examination, penalties and interest expense (benefit) of $250K in Q4 2025.
- How has LKQ's income tax examination, penalties and interest expense (benefit) changed year-over-year?
- LKQ's income tax examination, penalties and interest expense (benefit) decreased by 0.0% year-over-year, from $250K to $250K.
- What is the long-term trend for LKQ's income tax examination, penalties and interest expense (benefit)?
- Over 4 years (2021 to 2025), LKQ's income tax examination, penalties and interest expense (benefit) has grown at a 0.0% compound annual growth rate (CAGR), from $1M to $1M.
- What does income tax examination, penalties and interest expense (benefit) mean?
- Represents the financial impact of tax audits, including associated penalties and interest charges levied by tax authorities. This metric highlights potential tax compliance risks and the cost of resolving disputes regarding historical tax filings.
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