Filing Flows › Lear (LEA) › Q2 2025
Lear (LEA) Q2 2025 earnings results (second quarter 2025)
10-Q filed Jul 25, 2025
Lear (LEA) reported revenue of $6.0B for the second quarter 2025 (Q2 2025), +0.3% from a year earlier and +8% from the quarter before. Operating margin was 4.1%, net earnings $165M (2.7% of revenue).
Lear, Q2 2025: revenue $6.0B (+0.3% year over year), operating margin 4.1%, net earnings $165M, operating cash flow $296M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $6.0B | +8% | +0.3% |
| Gross profit | $439M | +22% | -2% |
| Operating profit | $248M | +37% | -5% |
| Net earnings | $165M | +105% | -5% |
| Operating cash flow | $296M | — | +2% |
| Free cash flow | $171M | — | +0.2% |
What changed
Revenue was $6.0B in Q2 2025, roughly flat year over year and up 8% from the previous quarter. Seating was the largest line at 74% of revenue. Seating added $0.03B year over year (up 1%), 149% of the total change. E-Systems declined 1%.
Gross margin was 7.3%, down 0.2 points from a year earlier. Operating profit was $0.25B, a 4.1% margin (down 0.2 points year over year). Operating profit fell $0.01B even though revenue rose $0.02B versus a year earlier, so costs grew faster than sales. Operating expenses grew 2% against flat revenue. Net earnings were $0.17B, down 5% year over year. The effective tax rate was 17.8%.
Operating cash flow was $0.30B (up 2% year over year), 154% of net income including minority interests. Non-cash charges added back $0.15B of depreciation and amortization. Working capital and other items used $0.04B. After capital expenditures ($0.13B), free cash flow as the company reports it was $0.17B.
Questions
What was Lear's revenue in the second quarter 2025?
Lear (LEA) reported revenue of $6.0B for the second quarter 2025 (Q2 2025), +0.3% from a year earlier and +8% from the quarter before.
Was Lear profitable in the second quarter 2025?
Operating profit was $248M (4.1% of revenue) and net earnings $165M.
Source: Lear 10-Q on SEC EDGAR.