LEAR CORPLEAEarnings & Financial Report
Lear Corporation is an American company that manufactures automotive seating and electrical systems. In 2019, it ranked #147 and in 2018, it ranked #148 on the Fortune 500 list.
Revenue
$6.0B
Gross Profit
$448.8M
Operating Profit
$260.8M
Net Profit
$173.1M
Gross Margin
7.5%
Operating Margin
4.3%
Net Margin
2.9%
YoY Growth
2.9%
EPS
$3.02
LEAR CORP Q2 FY2024 Financial Summary
LEAR CORP reported revenue of $6.0B (up 2.9% YoY) for Q2 FY2024, with a net profit of $173.1M (up 20.5% YoY) (2.9% margin). Cost of goods sold was $5.6B, operating expenses totaled $188.0M.
Key Financial Metrics
| Total Revenue | $6.0B |
|---|---|
| Net Profit | $173.1M |
| Gross Margin | 7.5% |
| Operating Margin | 4.3% |
| Report Period | Q2 FY2024 |
Revenue Breakdown
LEAR CORP Q2 FY2024 revenue of $6.0B breaks down across 3 segments, led by Other at $3.5B (57.5% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Other | $3.5B | 57.5% |
| Seating Segment | $2.0B | 33.8% |
| E Systems Segment | $519.4M | 8.6% |
LEAR CORP Revenue by Segment — Quarterly Trend
LEAR CORP revenue by segment across the last 4 reported quarters, showing how each business line (such as Other and Seating Segment) has evolved quarter over quarter.
| Segment | Q1 FY2026 | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 |
|---|---|---|---|---|
| Other | — | $3.5B | $3.1B | $3.5B |
| Seating Segment | — | $1.9B | $2.0B | $2.0B |
| E Systems Segment | — | $520.6M | $548.6M | $529.9M |
LEAR CORP Annual Revenue by Year
LEAR CORP annual revenue history includes year-by-year totals (for example, 2025 revenue was $23.3B).
| Year | Annual Revenue |
|---|---|
| 2025 | $23.3B |
| 2024 | $23.3B |
LEAR CORP Quarterly Revenue & Net Profit History
LEAR CORP results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q1 FY2026 | $5.8B | +4.7% | $172.3M | 3.0% |
| Q4 FY2025 | $6.0B | +4.8% | $82.7M | 1.4% |
| Q3 FY2025 | $5.7B | +1.7% | $108.2M | 1.9% |
| Q2 FY2025 | $6.0B | +0.3% | $165.2M | 2.7% |
| Q1 FY2025 | $5.6B | -7.2% | $80.7M | 1.5% |
| Q4 FY2024 | $5.7B | -2.2% | $88.1M | 1.5% |
| Q3 FY2024 | $5.6B | -3.4% | $135.8M | 2.4% |
| Q2 FY2024 | $6.0B | +2.9% | $173.1M | 2.9% |
Income Statement
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $6.01B | $5.58B | $5.71B | $5.56B | $6.03B | $5.68B | $5.99B | $5.82B |
| YoY Growth | 2.9% | -3.4% | -2.2% | -7.2% | 0.3% | 1.7% | 4.8% | 4.7% |
Balance Sheet
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $14.68B | $14.82B | $14.03B | $14.62B | $15.32B | $15.16B | $14.84B | $15.45B |
| Liabilities | $9.88B | $10.05B | $9.58B | $9.96B | $10.24B | $10.05B | $9.81B | $10.18B |
| Equity | $4.80B | $4.77B | $4.45B | $4.66B | $5.08B | $5.11B | $5.04B | $5.28B |
Cash Flow
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $291.2M | $182.7M | $680.8M | $-127.7M | $296.2M | $444.4M | $475.9M | $98.1M |