Filing Flows › Lear (LEA) › Q3 2026 › vs Q3 2025
Lear (LEA) Q3 2026 vs Q3 2025 (year over year)
Lear's revenue rose $93.2M (+2%) from $5.7B in Q3 2025 to $5.8B in Q3 2026. The biggest changes: Seating +$76.5M (+2%); E-Systems +$16.7M (+1%). Gross margin 6.6% against 6.4% (+0.2 pts).
Lear, Q3 2026: revenue $5.8B (+2% year over year), operating margin 3.4%, net earnings $137M, operating cash flow $329M. The chart draws each line against Q3 2025, the increases inside each band.
Margins
| Q3 2026 | Q3 2025 | Change | |
|---|---|---|---|
| Gross margin | 6.6% | 6.4% | +0.2 pts |
| Operating margin | 3.4% | 3.4% | +0.0 pts |
| Net margin | 2.4% | 1.9% | +0.5 pts |
| Free cash flow margin | 2.7% | 5.4% | -2.7 pts |
Every line
| Line | Q3 2026 | Q3 2025 | Change | % |
|---|---|---|---|---|
| Seating | $4.3B | $4.2B | $76.5M | +2% |
| E-Systems | $1.4B | $1.4B | $16.7M | +1% |
| Revenue | $5.8B | $5.7B | $93.2M | +2% |
| Gross profit | $382M | $364M | $18.6M | +5% |
| Cost of revenue | $5.4B | $5.3B | $74.6M | +1% |
| Operating profit | $197M | $192M | $4.5M | +2% |
| Operating expenses | $185M | $171M | $14.1M | +8% |
| Pre-tax earnings | $192M | $172M | $20.2M | +12% |
| SG&A | $181M | $166M | $14.2M | +9% |
| Other operating costs | $4.7M | $4.8M | −$100K | -2% |
| Net earnings | $137M | $108M | $28.4M | +26% |
| Minority interests | $12.9M | $18.2M | −$5.3M | -29% |
| Income tax | $42.2M | $45.1M | −$2.9M | -6% |
| Depreciation & amortization | $151M | $152M | −$900K | -0.6% |
| Working capital & other | $41.3M | $184M | −$143M | -78% |
| Operating cash flow | $329M | $444M | −$115M | -26% |
| Free cash flow (company-reported) | $158M | $307M | −$149M | -48% |
| Capital expenditures | $171M | $137M | $33.5M | +24% |
Questions
How much did Lear's revenue grow year over year in Q3 2026?
Lear's revenue rose $93.2M (+2%) from $5.7B in Q3 2025 to $5.8B in Q3 2026.
What drove Lear's revenue change in Q3 2026?
Seating +$76.5M (+2%); E-Systems +$16.7M (+1%).