Filing Flows › Lear (LEA) › Q2 2026 › vs Q1 2026
Lear (LEA) Q2 2026 vs Q1 2026 (quarter over quarter)
Lear's revenue rose $387M (+7%) from $5.8B in Q1 2026 to $6.2B in Q2 2026. The biggest changes: Seating +$220M (+5%); E-Systems +$167M (+12%). Gross margin 7.6% against 7.7% (-0.2 pts).
Lear, Q2 2026: revenue $6.2B (+3% year over year), operating margin 4.3%, net earnings $193M, operating cash flow $460M. The chart draws each line against Q1 2026, the increases inside each band.
Margins
| Q2 2026 | Q1 2026 | Change | |
|---|---|---|---|
| Gross margin | 7.6% | 7.7% | -0.2 pts |
| Operating margin | 4.3% | 4.4% | -0.1 pts |
| Net margin | 3.1% | 3.0% | +0.1 pts |
Every line
| Line | Q2 2026 | Q1 2026 | Change | % |
|---|---|---|---|---|
| Seating | $4.6B | $4.4B | $220M | +5% |
| E-Systems | $1.6B | $1.4B | $167M | +12% |
| Revenue | $6.2B | $5.8B | $387M | +7% |
| Gross profit | $470M | $450M | $20.0M | +4% |
| Cost of revenue | $5.7B | $5.4B | $367M | +7% |
| Operating profit | $268M | $255M | $12.9M | +5% |
| Operating expenses | $202M | $195M | $7.1M | +4% |
| Pre-tax earnings | $260M | $231M | $29.1M | +13% |
| SG&A | $198M | $190M | $7.2M | +4% |
| Other operating costs | $4.9M | $5.0M | −$100K | -2% |
| Net earnings | $193M | $172M | $20.5M | +12% |
| Minority interests | $18.9M | $20.4M | −$1.5M | -7% |
| Income tax | $48.5M | $38.4M | $10.1M | +26% |
| Depreciation & amortization | $151M | $150M | $700K | +0.5% |
| Working capital & other | $117M | −$224M | $341M | — |
| Operating cash flow | $460M | $98.1M | $362M | +369% |
Questions
How much did Lear's revenue grow quarter over quarter in Q2 2026?
Lear's revenue rose $387M (+7%) from $5.8B in Q1 2026 to $6.2B in Q2 2026.
What drove Lear's revenue change in Q2 2026?
Seating +$220M (+5%); E-Systems +$167M (+12%).