Lear Q3 sales rise 2% to $5.7 billion, but net income falls to $108 million
Lear reported third-quarter 2025 sales of $5.7 billion, up 2% from a year earlier, while net income fell to $108 million from $136 million and diluted EPS fell to $2.02 from $2.41. The company raised the midpoint of its full-year free cash flow outlook, now $475 million to $525 million, but said significant lost production at a key customer prevented it from raising its revenue and operating income outlook.
Key points
- Sales were $5.7 billion ($5,679.8 million), up 2% from $5.6 billion; excluding commodities, foreign exchange, tariff recoveries and acquisitions and divestitures, sales fell 1%.
- Net income was $108 million vs. $136 million a year earlier; adjusted EPS was $2.79 vs. $2.89.
- Free cash flow was $307 million vs. $51 million in the third quarter of 2024; full-year 2025 free cash flow outlook is $475 million to $525 million.
- Lear repurchased $100 million of its shares during the quarter.
The filing
Written by AI on Nov 8, 2026, 1:05 AM ET, from this filing 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 October 31, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.