Lear Corporation (LEA) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 5.82B | 5.99B | 5.68B | 6.03B | 5.56B | 5.71B | 5.58B | 6.01B | 5.99B | 5.84B | 5.78B | 6B | 5.85B | 5.37B | 5.24B | 5.07B | 5.21B | 4.88B | 4.27B | 4.76B |
| Revenue Growth % | 4.73% | 4.8% | 1.72% | 0.32% | -7.23% | -2.16% | -3.4% | 0.21% | 2.51% | 8.8% | 10.37% | 18.38% | 12.28% | 10.04% | 22.75% | 6.47% | -2.76% | -6.97% | -12.93% | 94.75% |
| Cost of Goods Sold | 0 | 5.58B | 5.3B | 5.56B | 5.12B | 5.3B | 5.18B | 5.59B | 5.6B | 5.46B | 5.39B | 5.57B | 5.44B | 4.96B | 4.87B | 4.76B | 4.88B | 4.61B | 4.05B | 4.38B |
| COGS % of Revenue | - | 93.11% | 93.36% | 92.24% | 92.06% | 92.78% | 92.78% | 92.98% | 93.49% | 93.42% | 93.23% | 92.92% | 93.04% | 92.42% | 93.03% | 93.98% | 93.73% | 94.52% | 94.91% | 92.11% |
| Gross Profit | 0 | 412.8M | 377M | 468.1M | 441.4M | 412.8M | 403.4M | 422M | 389.9M | 384.5M | 391.5M | 424.8M | 406.7M | 406.7M | 365M | 305M | 326.7M | 267.3M | 217.1M | 375.5M |
| Gross Margin % | - | 6.89% | 6.64% | 7.76% | 7.94% | 7.22% | 7.22% | 7.02% | 6.51% | 6.58% | 6.77% | 7.08% | 6.96% | 7.58% | 6.97% | 6.02% | 6.27% | 5.48% | 5.09% | 7.89% |
| Gross Profit Growth % | -100% | 0% | -6.54% | 10.92% | 13.21% | 7.36% | 3.04% | -0.66% | -4.13% | -5.46% | 7.26% | 39.28% | 24.49% | 52.15% | 68.13% | -18.77% | -32.94% | -44.29% | -53.14% | 446.4% |
| Operating Expenses | 190.3M | 168.9M | 164M | 179.2M | 164.5M | 161.7M | 169.3M | 171.7M | 180.5M | 162.4M | 179M | 177.6M | 175.1M | 167.1M | 162M | 171.2M | 147.4M | 133.9M | 142.2M | 169.7M |
| OpEx % of Revenue | 3.27% | 2.82% | 2.89% | 2.97% | 2.96% | 2.83% | 3.03% | 2.86% | 3.01% | 2.78% | 3.1% | 2.96% | 3% | 3.11% | 3.09% | 3.38% | 2.83% | 2.74% | 3.33% | 3.57% |
| Selling, General & Admin | 190.3M | 168.9M | 164M | 179.2M | 164.5M | 161.7M | 169.3M | 171.7M | 180.5M | 162.4M | 179M | 177.6M | 175.1M | 167.1M | 162M | 171.2M | 147.4M | 133.9M | 142.2M | 169.7M |
| SG&A % of Revenue | 3.27% | 2.82% | 2.89% | 2.97% | 2.96% | 2.83% | 3.03% | 2.86% | 3.01% | 2.78% | 3.1% | 2.96% | 3% | 3.11% | 3.09% | 3.38% | 2.83% | 2.74% | 3.33% | 3.57% |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 634.8M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | 11.11% | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 0 | 0 | 0 | 0 | 0 | -1000K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Income | 0 | 243.9M | 213M | 288.9M | 276.9M | 251.1M | 234.1M | 250.3M | 209.4M | 222.1M | 212.5M | 247.2M | 231.6M | 239.6M | 203M | 133.8M | 179.3M | 133.4M | 74.9M | 205.8M |
| Operating Margin % | - | 4.07% | 3.75% | 4.79% | 4.98% | 4.39% | 4.19% | 4.16% | 3.49% | 3.8% | 3.68% | 4.12% | 3.96% | 4.46% | 3.88% | 2.64% | 3.44% | 2.73% | 1.76% | 4.32% |
| Operating Income Growth % | -100% | -2.87% | -9.01% | 15.42% | 32.23% | 13.06% | 10.16% | 1.25% | -9.59% | -7.3% | 4.68% | 84.75% | 29.17% | 79.61% | 171.03% | -34.99% | -44.28% | -59.1% | -76.67% | 183.76% |
| EBITDA | 0 | 399.8M | 365.3M | 437.1M | 424.6M | 410.2M | 386.5M | 404.2M | 364.7M | 376.2M | 364.4M | 397.4M | 377.9M | 381.8M | 342.3M | 285.4M | 322.7M | 275.9M | 215.3M | 356M |
| EBITDA Margin % | - | 6.68% | 6.43% | 7.25% | 7.64% | 7.18% | 6.92% | 6.72% | 6.09% | 6.44% | 6.3% | 6.62% | 6.46% | 7.11% | 6.54% | 5.63% | 6.2% | 5.66% | 5.05% | 7.48% |
| EBITDA Growth % | -100% | -2.54% | -5.49% | 8.14% | 16.42% | 9.04% | 6.06% | 1.71% | -3.49% | -1.47% | 6.46% | 39.24% | 17.11% | 38.38% | 58.99% | -19.83% | -30.24% | -41.17% | -52.92% | 408.49% |
| D&A (Non-Cash Add-back) | 0 | 155.9M | 152.3M | 148.2M | 147.7M | 159.1M | 152.4M | 153.9M | 155.3M | 154.1M | 151.9M | 150.2M | 146.3M | 142.2M | 139.3M | 151.6M | 143.4M | 142.5M | 140.4M | 150.2M |
| EBIT | 0 | 243.9M | 213M | 288.9M | 276.9M | 185M | 216.5M | 252.8M | 182.4M | 201M | 213.8M | 238.1M | 223M | 196.7M | 179.1M | 129.1M | 100.6M | 85.5M | 35.9M | 251M |
| Net Interest Income | 0 | -24.4M | -24M | -24.8M | -25.2M | -26.1M | -25.9M | -26.3M | -25.5M | -24.4M | -25.1M | -25.6M | -23.6M | -23.4M | -24.2M | -24.3M | -24.3M | -24M | -22M | -21.7M |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 25.6M | 24.4M | 24M | 24.8M | 25.2M | 26.1M | 25.9M | 26.3M | 25.5M | 24.4M | 25.1M | 25.6M | 23.6M | 23.4M | 24.2M | 24.3M | 24.3M | 24M | 22M | 21.7M |
| Other Income/Expense | 0 | -119.5M | -41.5M | -55.4M | -129.2M | -79.3M | -31M | -9.7M | -42M | -32.4M | -13.4M | -18.5M | -22.6M | -54.2M | -42.1M | -24.7M | -92.3M | -65.2M | -62.7M | 28.4M |
| Pretax Income | 216.7M | 124.4M | 171.5M | 233.5M | 147.7M | 171.8M | 203.1M | 240.6M | 167.4M | 189.7M | 199.1M | 228.7M | 209M | 185.4M | 160.9M | 109.1M | 87M | 68.2M | 12.2M | 234.2M |
| Pretax Margin % | 3.72% | 2.08% | 3.02% | 3.87% | 2.66% | 3.01% | 3.64% | 4% | 2.79% | 3.25% | 3.44% | 3.81% | 3.57% | 3.45% | 3.07% | 2.15% | 1.67% | 1.4% | 0.29% | 4.92% |
| Income Tax | 38.4M | 18.1M | 45.1M | 41.6M | 45.2M | 57.3M | 47.1M | 46.2M | 40.5M | 46.7M | 47M | 41.5M | 45.6M | 48.1M | 41.7M | 23.5M | 20.4M | 18.6M | 20.9M | 39.3M |
| Effective Tax Rate % | 17.72% | 14.55% | 26.3% | 17.82% | 30.6% | 33.35% | 23.19% | 19.2% | 24.19% | 24.62% | 23.61% | 18.15% | 21.82% | 25.94% | 25.92% | 21.54% | 23.45% | 27.27% | 171.31% | 16.78% |
| Net Income | 172.3M | 82.7M | 108.2M | 165.2M | 80.7M | 88.1M | 135.8M | 173.1M | 109.6M | 127.3M | 132.9M | 168.7M | 143.6M | 117.5M | 92.3M | 68.5M | 49.4M | 21.5M | -26.5M | 175.2M |
| Net Margin % | 2.96% | 1.38% | 1.91% | 2.74% | 1.45% | 1.54% | 2.43% | 2.88% | 1.83% | 2.18% | 2.3% | 2.81% | 2.46% | 2.19% | 1.76% | 1.35% | 0.95% | 0.44% | -0.62% | 3.68% |
| Net Income Growth % | 113.51% | -6.13% | -20.32% | -4.56% | -26.37% | -30.79% | 2.18% | 2.61% | -23.68% | 8.34% | 43.99% | 146.28% | 190.69% | 446.51% | 448.3% | -60.9% | -75.75% | -89.34% | -115.2% | 159.61% |
| Net Income (Continuing) | 172.3M | 106.3M | 126.4M | 191.9M | 102.5M | 114.5M | 156M | 194.4M | 126.9M | 143M | 152.1M | 187.2M | 163.4M | 137.3M | 119.2M | 85.6M | 66.6M | 49.6M | -8.7M | 194.9M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 188.7M | 165.9M | 136.7M | 128.7M | 166.2M | 149.3M | 129.1M | 112.2M | 93.3M | 141.8M | 124.5M | 110.8M | 171.7M | 151.5M | 124.6M | 107.3M | 175.9M | 165M | 135.1M | 109.2M |
| EPS (Diluted) | 3.34 | 1.58 | 2.02 | 3.06 | 1.49 | 1.61 | 2.41 | 3.02 | 1.90 | 2.18 | 2.25 | 2.84 | 2.41 | 1.97 | 1.54 | 1.14 | 0.82 | 0.36 | -0.44 | 2.89 |
| EPS Growth % | 124.16% | -1.86% | -16.18% | 1.32% | -21.58% | -26.01% | 7.13% | 6.27% | -21.2% | 10.38% | 45.72% | 149.32% | 193.89% | 452.86% | 448.96% | -60.57% | -75.61% | -89.3% | -115.3% | 159.11% |
| EPS (Basic) | 3.38 | 1.61 | 2.03 | 3.07 | 1.50 | 1.64 | 2.42 | 3.04 | 1.91 | 2.19 | 2.26 | 2.85 | 2.42 | 1.99 | 1.55 | 1.14 | 0.82 | 0.36 | -0.44 | 2.91 |
| Diluted Shares Outstanding | 51.55M | 52.5M | 53.65M | 54.06M | 54.23M | 54.8M | 56.37M | 57.23M | 57.57M | 58.5M | 59.08M | 59.37M | 59.56M | 59.6M | 59.79M | 60.1M | 60.21M | 60.3M | 59.91M | 60.61M |
| Basic Shares Outstanding | 51.04M | 51.27M | 53.22M | 53.76M | 53.92M | 53.58M | 56.04M | 56.93M | 57.25M | 58M | 58.77M | 59.13M | 59.32M | 59.08M | 59.55M | 59.9M | 59.93M | 59.63M | 59.91M | 60.29M |
| Dividend Payout Ratio | - | 47.64% | 37.8% | 24.94% | 53.66% | 47.45% | 31.52% | 25.19% | 41.51% | 35.04% | 34.01% | 26.85% | 32.59% | 38.55% | 50.7% | 67.3% | 95.95% | 213.95% | - | 8.62% |