Lear reports $6.0 bln revenue, $165 mln net income in Q2 2025.

• Lear Corporation reports Q2 2025 revenue of $6.0 billion, in line with 2024. • Net income $165 million, adjusted net income $188 million, down from $206 million in 2024. • Core operating earnings $292 million, down from $302 million in 2024. • Earnings per share $3.06, adjusted EPS $3.47, down from $3.60 in 2024. • Net cash from operations $296 million, free cash flow $171 million, same as 2024. • Cash and cash equivalents $888 million, total liquidity $2.9 billion.

Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, reported its second quarter 2025 financial results today. The company delivered revenue of $6.0 billion, matching the figure from the same period in 2024. Net income for the quarter was $165 million, with adjusted net income standing at $188 million, both down from $206 million and $205.8 million, respectively, in the second quarter of 2024.

Core operating earnings for Q2 2025 were $292 million, a decrease from $302 million in the second quarter of 2024. Earnings per share (EPS) were $3.06, while adjusted EPS was $3.47, both down from $3.02 and $3.60, respectively, in the same period last year. The company's net cash from operating activities was $296 million, and free cash flow was $171 million, both figures unchanged from the second quarter of 2024. Cash and cash equivalents stood at $888 million, with total liquidity at $2.9 billion at the end of the quarter.

Ray Scott, Lear's President and CEO, commented, "Lear continued its momentum from the start of the year through the second quarter, with strong operating performance driving solid margins in both business segments." The company's investments in automation and restructuring are expected to extend its industry leadership in operational excellence and drive sustainable margin improvement.

In terms of financial metrics, Lear's P/E ratio is 12.19, a price-to-sales ratio of 0.25, and an enterprise value to sales ratio of 0.34. The earnings yield is 8.21%, and the debt-to-equity ratio is 0.59, indicating moderate debt levels. The current ratio of 1.32 suggests a healthy liquidity position.

Lear Corporation's share repurchase program continued, with the company repurchasing 271,117 shares for a total of $25 million during the second quarter. The company has a remaining share repurchase authorization of approximately $1.0 billion, reflecting approximately 18% of its total market capitalization at current market prices.

The company's full-year 2025 financial outlook projects net sales of $22,470 million to $23,070 million, core operating earnings of $955 million to $1,095 million, and adjusted EBITDA of $1,570 million to $1,710 million. Free cash flow is expected to range from $420 million to $520 million.

A conference call and webcast to discuss Lear's second quarter 2025 financial results and related matters will be held on July 25, 2025, at 9:00 a.m. EDT. The webcast link and dial-in information can be found on Lear's investor relations webpage at ir.lear.com.

[1] https://site.financialmodelingprep.com/market-news/lear-corporation-nyse-lea-quarterly-earnings-preview
[2] https://www.marketscreener.com/news/lear-reports-second-quarter-2025-results-ce7c5fdbd989ff25