LEAR CORP 8K

Lear Corporation reported improved second quarter 2026 financial results, announced major new business awards, and raised its full-year 2026 financial guidance while continuing substantial share repurchases.

On July 31, 2026, Lear Corporation reported its second quarter 2026 results, highlighting a 3% year-over-year increase in revenue to $6.2 billion, a 17% rise in net income to $193 million, and strong growth in earnings per share and free cash flow, driven by higher segment earnings and ongoing share repurchases. The company also expanded its Seating and E-Systems business with significant new and conquest awards from global automakers such as Audi, Leapmotor, Renault, BAIC, Stellantis, and General Motors, while opening an Advanced Manufacturing Integration Center in Michigan to showcase automation and digital capabilities. Reflecting improved performance and confidence in its outlook, Lear raised the midpoints and narrowed the ranges of its full-year 2026 financial guidance across key metrics, including net sales, core operating earnings, adjusted EBITDA, operating cash flow, and free cash flow, and disclosed continued execution of its long-running share repurchase program, with $100 million of stock repurchased in the quarter and approximately $600 million of remaining authorization.

Filing Facts

CIK

842162

Ticker

-

Form

8K

Source Type

sec

Accession

0000842162-26-000065

Alert Tier

7