---
schema_version: "secwatch.filing_event.v1"
accession: "0000842162-23-000060"
form_type: "8-K"
ticker: "LEA"
cik: "0000842162"
company_name: "LEAR CORP"
filed_at: "2023-10-26T23:59:59+00:00"
generated_at: "2026-06-09T09:20:47.121962+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Lear Q3 sales $5.8B (+10%), EPS $2.25; raises FY2023 outlook

## Summary
- Sales $5.78B (+10% YoY); net income $133M, diluted EPS $2.25 vs $1.54 in Q3 2022.
- Adjusted EPS $2.87, up 23% YoY; core operating earnings $267M, margin 4.6% vs 4.5%.
- Free cash flow $251M vs $112M; total liquidity $3.0B; returned $120M to shareholders.
- E-Systems posted highest operating margins in over two years; won first GM seat ventilation program.

## SEC filing metadata
- accession: 0000842162-23-000060
- form_type: 8-K
- ticker: LEA
- cik: 0000842162
- company_name: LEAR CORP
- filed_at: 2023-10-26T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/842162/000084216223000060/0000842162-23-000060-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/842162/000084216223000060/lear-20231026.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000842162-23-000060
- JSON: https://secwatch.observer/filing/0000842162-23-000060.json
- Plain text: https://secwatch.observer/filing/0000842162-23-000060.txt

## Key facts
- Earnings Releases
  LEAR CORP reported third quarter 2023 results: revenue $5,781.0 million, net income $132.9 million, EPS $2.25. Guidance raised.
  - Period: third quarter 2023
  - Revenue: $5,781.0 million
  - Net income: $132.9 million
  - EPS: $2.25
  - Guidance: raised
  - Result: reported results
  source text: and E-Systems, today reported results for the third quarter 2023 and increased its full year 2023 financial outlook. Third Quarter 2023 Highlights • Sales increased 10% to $5.8 billion, compared to $5.2 billion in the third quarter of 2022 • Net income of $133 million and adjusted net income of $170 million, compared to $92 million and $140 million,
  evidence_url: https://www.sec.gov/Archives/edgar/data/842162/000084216223000060/0000842162-23-000060-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.