Lear Q1 sales fall to $5.6 billion, net income to $81 million; outlook not reaffirmed
Lear reported first-quarter 2025 sales of $5.6 billion, down from $6.0 billion a year earlier, and net income attributable to Lear of $81 million, down from $110 million. The company is not reaffirming its 2025 financial outlook because of uncertainty in industry production caused by the evolving tariff environment, and it intends to provide updates as visibility improves.
Key points
- Sales of $5.6 billion vs. $6.0 billion in Q1 2024, down 7% year over year
- Earnings per share of $1.49 vs. $1.90; adjusted earnings per share of $3.12 vs. $3.18
- 2025 financial outlook not reaffirmed; company remains confident in 2025 operating performance commitments highlighted in February 2025
- Repurchased $25 million of shares and paid $43 million in dividends in Q1 2025
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:05 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on May 06, 2025.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.