Filing Flows › Lear (LEA) › How it makes money
How Lear (LEA) makes money
Lear (LEA) made $5.8B of revenue in the third quarter 2026 (Q3 2026), +2% from a year earlier. Seating brought in $4.3B (75%); E-Systems brought in $1.4B (25%). Of every dollar of revenue, 7¢ was left as gross profit, 3¢ was left as operating profit, 2¢ was left as net earnings.
Drawing the Sankey…
Revenue by segment, Q3 2026
| Segment | Revenue | Share | Q/Q | Y/Y |
|---|---|---|---|---|
| Seating | $4.3B | 74.9% | -6% | +2% |
| E-Systems | $1.4B | 25.1% | -9% | +1% |
Where each dollar of revenue goes
| Line | Q3 2026 | % of revenue |
|---|---|---|
| Revenue | $5.8B | 100.0% |
| Cost of revenue | $5.4B | 93.4% |
| Gross profit | $382M | 6.6% |
| Operating expenses | $185M | 3.2% |
| Operating profit | $197M | 3.4% |
| Income tax | $42.2M | 0.7% |
| Net earnings | $137M | 2.4% |
| Operating cash flow | $329M | 5.7% |
| Free cash flow | $158M | 2.7% |
Revenue, quarter by quarter
| Quarter | Revenue | Y/Y |
|---|---|---|
| Q3 2026 | $5.8B | +2% |
| Q2 2026 | $6.2B | +3% |
| Q1 2026 | $5.8B | +5% |
| Q4 2025 | $6.0B | +5% |
| Q3 2025 | $5.7B | +2% |
| Q2 2025 | $6.0B | +0.3% |
| Q1 2025 | $5.6B | -7% |
From Lear's 10-Q filed Oct 30, 2026 (on EDGAR).
Questions
How does Lear make money?
Lear (LEA) made $5.8B of revenue in the third quarter 2026 (Q3 2026), +2% from a year earlier. Seating brought in $4.3B (75%); E-Systems brought in $1.4B (25%). Of every dollar of revenue, 7¢ was left as gross profit, 3¢ was left as operating profit, 2¢ was left as net earnings.
What is Lear's biggest business?
Seating: $4.3B in the third quarter 2026, 75% of revenue, +2% from a year earlier.
What is Lear's profit margin?
Net earnings were $137M, 2.4% of revenue, in the third quarter 2026; the operating margin was 3.4%.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.