The financials
Lear Corporation by the numbers
Lear Corporation (LEA) reported revenue of $5.82B in Q1 2026 (quarter ended April 4, 2026), up 4.7% from the same quarter a year earlier. That came with a gross margin of 7.7% and net income of $172M (3.0% of revenue). For the full year FY2025, revenue was $23.3B (−0.2% year on year) and net income $437M. Its largest region in 2026-Q2 was North America at $2.04B, 44% of the disclosed total, just ahead of Europeand Africa at 35%.
| Income statement | Q1 2026 | Q1 2025 | Change |
|---|---|---|---|
| Revenue | $5.82B | $5.56B | +4.7% |
| Gross profit | $450M | $359M | +25% |
| Operating income | $255M | $182M | +40% |
| Net income | $172M | $81M | +114% |
| Diluted EPS | $3.34 | $1.49 | +124% |
| Geographic | Revenue | Share |
|---|---|---|
| North America | $2.04B | 44% |
| Europeand Africa | $1.61B | 35% |
| Asia | $811M | 18% |
| South America | $162M | 3.5% |
Business Segments
Revenue split by geographic segment, from SEC XBRL filings.
Latest period: Q2 2026Total $4.62B (+5.0%)
South America grew +19% year on yearAsia -2.8% year on year
Segment Latestquarter on quarteryear on year
- North America$2.04B$2.04BQoQ +6.8%year on year +2.5%+6.8%+2.5%
- Europe and Africa$1.61B$1.61BQoQ +1.8%year on year +6.5%+1.8%+6.5%
- Asia$811.0M$811.0MQoQ +6.1%year on year -2.8%+6.1%-2.8%
- South America$162.4M$162.4MQoQ +10.0%year on year +19%+10.0%+19%