Filing Flows › Lear (LEA) › Q3 2026
Lear (LEA) Q3 2026 earnings results (third quarter 2026)
10-Q filed Oct 30, 2026
Lear (LEA) reported revenue of $5.8B for the third quarter 2026 (Q3 2026), +2% from a year earlier and -7% from the quarter before. Operating margin was 3.4%, net earnings $137M (2.4% of revenue).
Lear, Q3 2026: revenue $5.8B (+2% year over year), operating margin 3.4%, net earnings $137M, operating cash flow $329M. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $5.8B | -7% | +2% |
| Gross profit | $382M | -19% | +5% |
| Operating profit | $197M | -26% | +2% |
| Net earnings | $137M | -29% | +26% |
| Operating cash flow | $329M | -28% | -26% |
| Free cash flow | $158M | — | -48% |
What changed
Revenue was $5.8B in Q3 2026, up 2% year over year and down 7% from the previous quarter. Seating was the largest line at 75% of revenue. Seating added $0.08B year over year (up 2%), 82% of the total change.
Gross margin was 6.6%, up 0.2 points from Q3 2025. Operating profit was $0.20B, a 3.4% margin (unchanged year over year). Of the extra revenue versus Q3 2025, 5% reached operating profit, above the 3% margin then. Operating expenses grew 8% against revenue growth of 2%. Net earnings were $0.14B, up 26% year over year. The effective tax rate was 22.0%.
Operating cash flow was $0.33B (down 26% year over year), 220% of net income including minority interests. Non-cash charges added back $0.15B of depreciation and amortization. Working capital and other items added $0.03B. After capital expenditures ($0.17B), free cash flow as the company reports it was $0.16B.
Questions
What was Lear's revenue in the third quarter 2026?
Lear (LEA) reported revenue of $5.8B for the third quarter 2026 (Q3 2026), +2% from a year earlier and -7% from the quarter before.
Was Lear profitable in the third quarter 2026?
Operating profit was $197M (3.4% of revenue) and net earnings $137M.
Source: Lear 10-Q on SEC EDGAR.