Strong Revenue Growth
Lear Corporation delivered $5.7 billion of revenue in the third quarter, marking an increase of 2% from the third quarter of 2024.
High Operating Cash Flow
The company reported an operating cash flow of $444 million in the quarter, one of the strongest in its history.
Successful Share Repurchases
Lear accelerated its share repurchases to $100 million for the quarter and maintained its dividend of $0.77 per share.
New Business Wins and Strategic Partnerships
Lear secured approximately $1.1 billion of business year-to-date in E-Systems and announced a new fellowship program with Palantir to advance AI capabilities.
Positive Net Performance Contribution
The momentum of positive net performance continued, contributing 50 basis points to Seating and 95 basis points to E-Systems margins.
Recognition and Awards
Lear led the J.D. Power U.S. Seat Quality and Satisfaction Study and received awards from Ferrari and Nissan for quality and performance.