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Lear (LEA) Q4 2025 earnings results (fourth quarter 2025)

10-K filed Feb 13, 2026

Lear (LEA) reported revenue of $6.0B for the fourth quarter 2025 (Q4 2025), +5% from a year earlier and +5% from the quarter before. Operating margin was 2.6%, net earnings $82.7M (1.4% of revenue).

Revenue$6.0B
Year over year+5%
Quarter over quarter+5%
Operating margin2.6%
Net earnings$82.7M

Lear, Q4 2025: revenue $6.0B (+5% year over year), operating margin 2.6%, net earnings $82.7M, operating cash flow $476M. The chart follows the revenue to costs, profit and cash.

Q4 2025AmountQ/QY/Y
Revenue$6.0B+5%+5%
Gross profit$342M-6%-12%
Operating profit$155M-19%-26%
Net earnings$82.7M-24%-6%
Operating cash flow$476M+7%-30%
Free cash flow$281M—-42%

What changed

Revenue was $6.0B in Q4 2025, up 5% year over year and up 5% from the previous quarter. Seating was the largest line at 74% of revenue.

Gross margin was 5.7%, down 1.1 points from a year earlier. Operating profit was $0.16B, a 2.6% margin (down 1.1 points year over year). Operating profit fell $0.05B even though revenue rose $0.27B versus a year earlier, so costs grew faster than sales. Operating expenses grew 6% against revenue growth of 5%. Net earnings were $0.08B, down 6% year over year. The effective tax rate was 14.5%.

Operating cash flow was $0.48B (down 30% year over year), 448% of net income including minority interests. Non-cash charges added back $0.16B of depreciation and amortization. Working capital and other items added $0.21B. After capital expenditures ($0.19B), free cash flow as the company reports it was $0.28B.

Questions

What was Lear's revenue in the fourth quarter 2025?

Lear (LEA) reported revenue of $6.0B for the fourth quarter 2025 (Q4 2025), +5% from a year earlier and +5% from the quarter before.

Was Lear profitable in the fourth quarter 2025?

Operating profit was $155M (2.6% of revenue) and net earnings $82.7M.

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Source: Lear 10-K on SEC EDGAR.