Lear Corporation reports recurring developments as a global automotive technology supplier focused on Seating and E-Systems. Its news commonly covers quarterly and annual operating results, financial outlook updates, segment performance, vehicle production trends, new business on automaker platforms, commercial recoveries, and the winddown of non-core products.
The company also announces capital-return actions, including quarterly cash dividends and share repurchases, and participates in automotive and industrial investor conferences. Lear's business updates are tied to seating components such as frames, mechanisms, covers, heating and cooling, foam and headrests, as well as electrical distribution, connection and electronic systems for vehicles.
Lear (LEA) will hold its third-quarter 2026 earnings conference call on October 30, 2026, at 9:00 a.m. EDT. The call will review financial results and related matters. A live, listen-only webcast will be available on Lear's investor relations website, with a replay available two hours after the call. The quarterly slide presentation will be posted on Lear's website before the call begins.
Lear (LEA) increased its share repurchase authorization to $1.5 billion and extended it through December 31, 2029. The board approved the changes on September 24, 2026. The authorized amount represents approximately 26% of Lear's total market capitalization at current market prices.
At the end of the second quarter of 2026, approximately $600 million remained under an authorization set to expire on December 31, 2026. From the program's start in 2011 through the end of that quarter, Lear repurchased 63.6 million common shares for $6.1 billion. Lear says those purchases represent a reduction of approximately 60% of shares outstanding at the program's start.
Lear (LEA) will participate in a fireside chat at the Morgan Stanley 14th Annual Laguna Conference in Dana Point, California, on September 16, 2026.
President and CEO Ray Scott and SVP & CFO Jason Cardew will represent Lear. A live webcast, available via ir.lear.com, starts at 12:15 PM EDT (9:15 AM PDT) and will last about 35 minutes.
Lear (NYSE: LEA) announced that its Board of Directors has declared a quarterly cash dividend of $0.77 per share on its common stock. The dividend will be paid on September 22, 2026, to shareholders of record as of the close of business on September 2, 2026.
Lear (NYSE: LEA) reported second quarter 2026 revenue of $6.2 billion, up 3% from $6.0 billion a year earlier, with global vehicle production roughly flat on a Lear sales-weighted basis. Net income rose to $193 million and adjusted net income to $217 million.
Core operating earnings increased to $313 million (5.0% margin) from $292 million (4.8%). Diluted EPS was $3.79 and adjusted EPS $4.28, up 24% and 23% year-over-year, supported by share repurchases. Operating cash flow grew 55% to $461 million and free cash flow 69% to $288 million.
Lear repurchased $100 million of stock, paid $39 million in dividends and ended the quarter with $1.0 billion in cash and $3.0 billion in total liquidity. The company raised midpoints and narrowed ranges of its 2026 guidance, now targeting net sales of $23.54-$24.01 billion and free cash flow of $590-$690 million.
Lear (NYSE: LEA) announced it will host a conference call to review its second quarter 2026 financial results and related matters on July 31, 2026, at 9:00 a.m. EDT.
Investors can join via toll-free or international phone lines or listen to a live audio webcast and replay through Lear's investor relations website.
Lear (NYSE: LEA), a global automotive technology company in Seating and E-Systems, was named 2026 Ford Supplier of the Year in Sustainability at the Ford Supplier Awards & Summit.
The award recognizes Lear's performance, dedication and collaboration with Ford during the 2025 fiscal year across products, operations and its supply chain.
Lear (NYSE: LEA) will join the Wolfe Research Autos and Mobility Conference in New York on June 18, 2026, for a fireside chat.
President and CEO Ray Scott and SVP & CFO Jason Cardew will speak, with a live webcast starting at 12:30 PM EDT.
Lear (NYSE: LEA) will participate in a fireside chat at Wells Fargo's 16th Annual Industrials & Materials Conference in Chicago on June 10, 2026.
CFO Jason Cardew and Seating President Frank Orsini will speak. A live webcast starts at 10:30 AM EDT and will be available via Lear's investor relations website.
Lear (NYSE: LEA) announced that its Seating and E-Systems segments both received a 2025 GM Supplier of the Year Award at General Motors' annual ceremony.
This brings Lear's total GM Supplier of the Year and Overdrive awards to 25, recognizing quality, innovation and strong execution across global operations.