secwatch.observer — SEC 8-K summary
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Issuer:     LEAR CORP (LEA)
CIK:        0000842162
Form:       8-K
Filed at:   2026-05-01T23:59:59+00:00
Accession:  0000842162-26-000034
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Lear Q1 adjusted EPS $3.87, up 24% YoY; revenue $5.8B, up 5%
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- Net income $172M vs $81M YoY; GAAP EPS $3.34 vs $1.49; adjusted EPS $3.87 vs $3.12.
- Seating margins improved to 6.9% adjusted (from 6.7%); E-Systems adjusted margins 6.1% (from 5.2%).
- Core operating earnings $297M (+10% YoY); free cash flow -$27M vs -$232M a year ago.
- Repurchased $75M of shares and paid $43M in dividends; total liquidity $2.9B.
- Reaffirmed full-year 2026 financial outlook; new business wins with GM, Toyota, Audi, Geely.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/842162/000084216226000034/0000842162-26-000034-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/842162/000084216226000034/lear-20260501.htm
  HTML page:      https://secwatch.observer/filing/0000842162-26-000034

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer