Earnings ·
LEAR CORP Reports Q3 EPS of $2.74, Revenue of $5.8B; Raises Share Buyback Authorization to $1.5B
LEALear Corp
Lear Corporation reported third-quarter 2026 revenue of $5.8 billion, a 2% increase year-over-year, and net income of $137 million, up 26%. Adjusted earnings per share reached $3.71, reflecting higher core operating earnings of $256 million and the benefit of its share repurchase program. The company achieved its full-year buyback target of $350 million in Q3 alone and expanded its remaining authorization to $1.5 billion through December 2029. Lear maintained its full-year 2026 core operating earnings guidance at $1.08–$1.20 billion despite lower global vehicle production. The company also paid $38 million in dividends during the quarter. Lear Corporation is a global automotive technology leader designing and manufacturing seating and electronic systems for major automakers.