Every material Form 8-K Lear filed with the SEC in 2025, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
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.
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.
Lear Corporation entered into a second amended and restated credit agreement on July 24, 2025, extending the maturity of its $2.0 billion unsecured revolving credit facility to July 24, 2030. The company said it was in compliance with all covenants as of July 24, 2025, and the filing describes a facility fee of 0.075% to 0.20% of the total committed amount, payable quarterly.
Revolving credit facility of $2.0 billion extended to July 24, 2030
Advances bear interest based on Term Benchmark, Central Bank Rate or RFR, with rates of 1.125% for these loans as of June 28, 2025, and ABR/Canadian Prime Rate loans at 0.125%
Facility fee ranges from 0.075% to 0.20% of the total committed amount, payable quarterly
JPMorgan Chase Bank, N.A. serves as administrative agent
Lear reported second-quarter 2025 sales of $6.0 billion, flat from a year earlier, and net income attributable to Lear of $165 million, down from $173 million. The company also restored full-year 2025 guidance with net sales of $22,470 million to $23,070 million and core operating earnings of $955 million to $1,095 million. Shareholders see mixed results: reported EPS rose to $3.06 from $3.02, but adjusted EPS fell to $3.47 from $3.60.
Q2 2025 net sales were $6,030.4 million versus $6,012.4 million in Q2 2024
Net income attributable to Lear was $165.2 million versus $173.1 million; diluted EPS was $3.06 versus $3.02
Adjusted EPS was $3.47 versus $3.60; core operating earnings were $291.8 million versus $302.0 million
Full-year 2025 outlook: net sales $22,470 million to $23,070 million; free cash flow $420 million to $520 million
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.
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
Lear Corporation elected Julian Blissett, the recently retired head of General Motors' China operations, to its Board of Directors on February 14, 2025, for a term ending at the 2025 annual meeting. The Board determined he is independent, and he will not serve on any committees in his first year.
Julian Blissett was elected to the Board on February 14, 2025, for a term ending at the 2025 annual meeting of shareholders.
Blissett retired in 2024 after a 28-year career at General Motors, including nearly 20 years in China.
The Board determined he is independent under NYSE standards; new non-employee directors do not join committees in their first year.
He will receive non-employee director compensation under the Outside Directors Compensation Plan.
Lear reported fourth-quarter 2024 sales of $5.7 billion, down from $5.8 billion a year earlier, and net income of $88 million, down from $127 million. For full-year 2024, net income fell to $507 million from $573 million and GAAP earnings per share fell to $8.97 from $9.68, while adjusted earnings per share rose 5% to $12.62. The company also issued a 2025 outlook with net sales of $21,875 million to $22,875 million.
Q4 2024 net income $88 million vs $127 million in Q4 2023; EPS $1.61 vs $2.18
Full-year 2024 net income $507 million vs $573 million; adjusted EPS $12.62 vs $12.02
2025 outlook: net sales $21,875 million to $22,875 million; core operating earnings $915 million to $1,175 million
Repurchased $400 million of shares and paid $174 million in dividends in 2024
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.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every Lear filing is on SEC EDGAR ↗. 8-K briefs of other companies →