Filing Flows › Lear (LEA) › Q2 2026
Lear (LEA) Q2 2026 earnings results (second quarter 2026)
10-Q filed Jul 31, 2026
Lear (LEA) reported revenue of $6.2B for the second quarter 2026 (Q2 2026), +3% from a year earlier and +7% from the quarter before. Operating margin was 4.3%, net earnings $193M (3.1% of revenue).
Lear, Q2 2026: revenue $6.2B (+3% year over year), operating margin 4.3%, net earnings $193M, operating cash flow $460M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $6.2B | +7% | +3% |
| Gross profit | $470M | +4% | +7% |
| Operating profit | $268M | +5% | +8% |
| Net earnings | $193M | +12% | +17% |
| Operating cash flow | $460M | +369% | +55% |
| Free cash flow | $288M | — | +69% |
What changed
Revenue was $6.2B in Q2 2026, up 3% year over year and up 7% from the previous quarter. Seating was the largest line at 74% of revenue. Seating added $0.15B year over year (up 3%), 84% of the total change.
Gross margin was 7.6%, up 0.3 points from Q2 2025. Operating profit was $0.27B, a 4.3% margin (up 0.2 points year over year). Of the extra revenue versus Q2 2025, 11% reached operating profit, above the 4% margin then. Operating expenses grew 6% against revenue growth of 3%. Net earnings were $0.19B, up 17% year over year. The effective tax rate was 18.6%.
Operating cash flow was $0.46B (up 55% year over year), 218% of net income including minority interests. Non-cash charges added back $0.15B of depreciation and amortization. Working capital and other items added $0.10B. After capital expenditures ($0.17B), free cash flow as the company reports it was $0.29B.
Questions
What was Lear's revenue in the second quarter 2026?
Lear (LEA) reported revenue of $6.2B for the second quarter 2026 (Q2 2026), +3% from a year earlier and +7% from the quarter before.
Was Lear profitable in the second quarter 2026?
Operating profit was $268M (4.3% of revenue) and net earnings $193M.
Source: Lear 10-Q on SEC EDGAR.