Core operating earnings were US$241 million, or 4.2% of sales, slightly below 2024’s 4.6%. Free cash flow rose sharply to US$307 million, the second-highest Q3 operating cash flow in Lear’s history.
The Seating segment, which includes Lear’s leather-trimmed and sustainable materials portfolios, generated US$4.25 billion in sales with 6.1% adjusted margins, reflecting solid operational performance despite lower production on key platforms. Lear’s seating business continues to emphasise innovation in comfort materials, sustainability and craftsmanship; core areas when premium leather remains central to automaker differentiation.
CEO Ray Scott noted that strategic investments in automation, digital tools and restructuring are “driving operational excellence and positioning us for sustainable margin improvement.” Lear also launched new seat programs with BMW, Hyundai, Leapmotor and Seres, as well as earning recognition from Ferrari and Nissan for quality and interior design.
