Lear Corp income statement

In fiscal 2025, Lear Corp reported revenue of $23.26bn, down 0.2% on the year before, operating income of $777m (a 3.3% margin) and net income of $437m, or $8.15 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.

Income statement

US$ billions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Lear Corp: income statement, annual
Fiscal year	2010Dec 2010	2011Dec 2011	2012Dec 2012	2013Dec 2013	2014Dec 2014	2015Dec 2015	2016Dec 2016	2017Dec 2017	2018Dec 2018	2019Dec 2019	2020Dec 2020	2021Dec 2021	2022Dec 2022	2023Dec 2023	2024Dec 2024	2025Dec 2025	LTMOct 2026
Revenue	12.0	14.2	14.6	16.2	17.7	18.2	18.6	20.5	21.1	19.8	17.0	19.3	20.9	23.5	23.3	23.3	23.8
Cost of revenue	—	—	—	—	—	—	16.4	18.2	18.8	18.1	15.9	17.9	19.5	21.8	21.7	21.8	22.1
Gross profit	—	—	—	—	—	—	2.1	2.3	2.3	1.7	1.1	1.4	1.4	1.7	1.6	1.5	1.6
Research and development	0.1	0.1	0.1	0.1	0.1	0.1	0.1	0.1	0.2	0.2	—	—	—	—	—	—	—
Selling, general and administrative	0.5	0.5	0.5	0.5	0.5	0.6	0.6	0.6	0.6	0.6	0.6	0.6	0.7	0.7	0.7	0.7	0.8
Operating income	—	—	—	0.7	0.9	1.2	1.5	1.6	1.7	1.1	0.5	0.7	0.7	0.9	0.9	0.8	0.9
Interest expense	0.1	0.0	0.0	0.1	0.1	0.1	0.1	0.1	0.1	0.1	0.1	0.1	0.1	0.1	0.1	0.1	0.1
Income before tax	0.4	0.6	0.6	0.6	0.8	1.0	1.3	1.5	1.5	1.0	0.3	0.6	0.5	0.8	0.7	0.6	0.7
Income tax	0.0	0.1	−0.6	0.2	0.1	0.3	0.4	0.2	0.3	0.1	0.1	0.1	0.1	0.2	0.2	0.2	0.1
Net income	0.4	0.5	1.3	0.4	0.7	0.7	1.0	1.3	1.1	0.8	0.2	0.4	0.3	0.6	0.5	0.4	0.6
Diluted EPS	$4.05	$5.08	$12.85	$4.99	$8.23	$9.59	$13.33	$18.59	$17.22	$12.75	$2.62	$6.19	$5.47	$9.68	$8.97	$8.15	$11.42
Diluted shares (average)	108m	106m	100m	86m	82m	78m	73m	69m	66m	62m	60m	60m	60m	59m	56m	54m	51m
EBITDA	—	—	—	1.0	1.2	1.5	1.8	2.0	2.1	1.6	1.0	1.2	1.2	1.5	1.5	1.4	1.5

US$ millions unless shown otherwise. Fiscal quarters.

Lear Corp: income statement, quarterly
Quarter	2024 Q4Dec 2024	2025 Q1Mar 2025	2025 Q2Jun 2025	2025 Q3Sept 2025	2025 Q4Dec 2025	2026 Q1Apr 2026	2026 Q2Jul 2026	2026 Q3Oct 2026
Revenue	5,715	5,560	6,030	5,680	5,989	5,823	6,209	5,773
Cost of revenue	5,328	5,201	5,591	5,316	5,646	5,373	5,739	5,391
Gross profit	387	359	439	364	342	450	470	382
Selling, general and administrative	167	172	186	166	183	190	198	181
Operating income	210	182	248	193	155	255	268	197
Interest expense	27	26	25	25	25	26	24	21
Income before tax	159	135	218	159	113	217	241	173
Income tax	57	45	42	45	18	38	49	42
Net income	88	81	165	108	83	172	193	137
Diluted EPS	$1.64	$1.49	$3.06	$2.02	$1.59	$3.34	$3.79	$2.74
EBITDA	369	329	392	340	311	405	414	344

EBITDA is operating income plus depreciation and amortisation. EPS and share counts are restated for stock splits. A dash means the company did not report the line for that period; expense lines are shown as reported, so they need not add up to the totals when a company reports other items between them.

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Figures from Lear Corp's SEC filings (10-K and 10-Q), retrieved October 30, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Lear Corp.