Lear Corporation
LEA
Jodie read · what matters now
Revenue barely moved from $23.3B while cash flow comfortably covers net income; the company’s valuation and investor outcomes now hinge on whether pricing and volume ever pick up.
The story is only the start. Jodie keeps watching the filing evidence, the companies connected to LEA, and whether its market group begins moving.
Earlier comparable assessment · baseline
Fundamentals strengthened in the latest filing
10-Q filed 2026-05-01 against the comparable filing from 2025-05-06.
A newer Struct brief is shown above. This older assessment remains here for comparison, not as the current read.
What improved
- Revenue increased 4.7% versus the comparable filing period.
- Operating margin improved 1.1 percentage points.
- Net income increased 113.5% versus the comparable filing period.
What weakened
No thresholded deterioration was identified.
Filing receipts
“These increases were partially offset by the reversal of certain 2025 tariff recoveries and the impact of selling price reductions. (in millions) Cost of Sales First quarter 2025 $ 5,201.1 Material cost 126.3 Labor cost 92.7 Depreciation 2.9 Other (50.5) First quarter 2026 $ 5,372.5 Cost of sales was $5.4 billion in the first quarter of 2026, as compared to $5.2 billion in the first quarter of 2025.”
“These increases were partially offset by the reversal of certain 2025 tariff costs, which reduced cost of sales.”
“Working capital can be significantly impacted by the timing of cash flows from sales, purchases, and tariff costs and recoveries.”
Retrospective baseline calibration. It was generated after the filing date and is not part of Jodie's live track record.
Who this business touches
The relationships behind LEA
Customers, suppliers, partners and competitors named in company filings—not inferred from headlines.
Depends on
Depended on by
Filing peers
No filing peers are available for this name yet.
You can see the shape of the network here. Pro opens 10 more links, the original filing receipts, and alerts when connected names begin moving. See Pro →
What is moving around it
Live connections
LEA is currently a Early Follower in the organic co-movement group Trucking and Logistics. This group is discovered from market behaviour rather than assigned from an industry taxonomy. 3 filing-linked names are in the relationship map; none is currently confirmed as moving with the group.
Theme membership history
No durable theme membership has been observed for this name yet.