{
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  "slug": "lear-corp",
  "name": "LEAR CORP",
  "updatedAt": "2026-10-02T16:01:07.25404Z",
  "sections": [
    {
      "type": "OVERVIEW",
      "text": "Lear Corporation is a global automotive supplier whose core businesses are Seating and E-Systems. It supplies automakers with complete seating systems and components, as well as electrical distribution, power-management and electronic products for vehicles. [P145306228] The company describes its vision as “Making Every Drive Better.” [https://www.lear.com/]\n\nLear serves automotive markets across North America, Europe and Africa, Asia, and South America. [T8281405][T8281405][T8281405][T8281405] For fiscal 2025, it reported net sales of $23.259 billion. [T11466827] Company materials describe a footprint of more than 250 locations in over 35 countries; a Lear careers posting describes more than 165,000 employees in 37 countries. [https://www.lear.com/careers][https://jobs.lear.com/job/Tangier-Product-Engineer-TRIM-90000/1386091833/]\n[P145306228][T8281405][T8281405][T8281405][T8281405][T11466827][https://www.lear.com/][https://www.lear.com/careers][https://jobs.lear.com/job/Tangier-Product-Engineer-TRIM-90000/1386091833/]",
      "updatedAt": "2026-10-02T16:01:07.25404Z"
    },
    {
      "type": "PRODUCTS",
      "text": "Lear’s Seating products include complete seat systems and components such as trim covers, leather and fabric surfaces, mechanisms, cushioning, headrests, and thermal-comfort features including heating, ventilation, active cooling, pneumatic lumbar support, and massage. Its ComfortFlex by Lear™ combines multiple thermal-comfort functions in a modular design, while ComfortMax Seat by Lear™ integrates thermal-comfort features into the seat trim cover. Lear reports that these designs can reduce subcomponents by up to 50% and increase airflow to occupants by up to 40% compared with currently available designs. [P42416662][P47090199][P59470828]\n\nINTU® Comfort uses proprietary technology and analytics to determine seating positions and can adjust lumbar support or seat bolsters in response to driving conditions. Lear’s services for seating include system design, engineering, manufacturing, assembly, and just-in-time delivery of complete seat systems; it also supplies thermal-comfort modules to other seat suppliers. [P38299428][P42416662][P59470828]\n\nE-Systems products include electrical-distribution and connection systems, wire harnesses, terminals and connectors, high-voltage battery connection systems, battery disconnect units (BDUs), and low-voltage electronic controllers. BDUs manage high-voltage power flow into and out of vehicle batteries; electronics offerings include zonal controllers, body-domain control modules, and smart or passive power-distribution modules, supported by embedded-control, cybersecurity, and hardware-control software. [P34499529][P5736313][P14966547][P66649430]\n\nFor FY2025, Seating generated $17.283 billion, approximately 74.3% of consolidated revenue, and E-Systems generated $5.976 billion, approximately 25.7%; these are segment-level revenue shares, not individual product shares. [T5211258] Lear also describes engineering capabilities in alternative conductor materials, high-density connectors and virtual design, development, and validation tools. [P84618856] [https://www.sec.gov/Archives/edgar/data/842162/000084216226000011/lear-20251231.htm]\n[P42416662][P47090199][P59470828][P38299428][P34499529][P5736313][P14966547][P66649430][P84618856][T5211258][T5211258][T5211258][https://www.sec.gov/Archives/edgar/data/842162/000084216226000011/lear-20251231.htm]",
      "updatedAt": "2026-10-02T16:01:07.25404Z"
    },
    {
      "type": "GEOGRAPHY",
      "text": "At year-end 2025, Lear reported 258 manufacturing, engineering and administrative locations across 36 countries, with operations in every major automotive-producing region. Its property table lists 246 segment properties: 74 in North America, 100 in Europe and Africa, 59 in Asia, and 13 in South America. Lear also reported 12 general administrative and technical-support facilities and seven advanced technology centers—one at its Southfield, Michigan headquarters, one elsewhere in North America, two in Europe and three in Asia. [P86454902][T9931482][P47998565]\n\nFor FY2025, net sales were $9,809.4 million in North America (42% of consolidated sales), $8,029.3 million in Europe and Africa (35%), $4,556.5 million in Asia (20%), and $863.9 million in South America (3%), for a total of $23,259.1 million. The regional table also reports China sales of $3,041.1 million consolidated and $2,096.2 million non-consolidated; those figures are presented separately from the regional totals. [T8281405]\n\nLear reported approximately 164,300 employees at December 31, 2025: 9,800 in the United States and Canada, 48,600 in Mexico, 21,000 in Central and South America, 62,900 in Europe and Africa, and 22,000 in Asia. [P99175781][T5589547]\n[P86454902][T9931482][P47998565][T8281405][P99175781][T5589547]",
      "updatedAt": "2026-10-02T16:01:07.25404Z"
    },
    {
      "type": "SEGMENTS",
      "text": "Lear reports two operating segments. **Seating** designs, engineers and manufactures complete vehicle seat systems and components, including trim and surface materials, mechanisms, cushioning, headrests and thermal-comfort products. **E-Systems** designs, engineers and manufactures electrical distribution and connection systems, high- and low-voltage power-distribution products, including battery disconnect units, and electronic controllers. [P145306089][P145306095][P145306232]\n\nBy FY2025 external-customer revenue, Seating contributed approximately **74%** and E-Systems approximately **26%**. [T5211258] In the six months ended July 4, 2026, their shares of net sales were approximately **75%** and **25%**, respectively. [T16620488] Lear identifies “Other” as a reconciliation category for unallocated corporate and regional headquarters costs and intercompany eliminations, rather than a third reportable operating segment. [P145306323]\n[P145306089][P145306095][P145306232][T5211258][T16620488][P145306323]",
      "updatedAt": "2026-10-02T16:01:07.25404Z"
    },
    {
      "type": "HISTORY",
      "text": "Lear’s origins date to 1917, when it was founded in Detroit as American Metal Products, a maker of seating assemblies and other components for automotive and aircraft markets. A management-led buyout in 1988 established the business as a privately held seating supplier; it completed its initial public offering in 1994. [P45314639][https://pdf.secdatabase.com/1481/0000950124-94-000684.pdf]\n\nIn the mid-1990s, acquisitions including Automotive Industries Holding and Masland expanded the company beyond seating into other automotive interior products. Its 1999 acquisition of UT Automotive marked a major expansion into electrical systems and helped broaden its global automotive business. [https://ir.lear.com/static-files/750d008b-4a9a-4a41-8f58-366d55289c95][https://ir.lear.com/static-files/6062ae33-5b10-4e26-8af7-3a1938b44f19][https://ir.lear.com/static-files/11054ab7-246b-4f5c-ab46-9a329e4162d7]\n\nLater acquisitions extended Lear’s seating materials and technologies: Guilford Mills in 2012, Eagle Ottawa in 2015, and Grupo Antolin’s automotive seating business in 2017. The company renamed its electrical business E-Systems in 2016 and acquired connected-car software company Xevo in 2019. Further additions included seat-climate technology company I.G. Bauerhin in 2023 and WIP Industrial Automation in 2024. [https://ir.lear.com/news-releases/news-release-details/lear-reports-second-quarter-2012-financial-results/][https://ir.lear.com/news-releases/news-release-details/lear-completes-acquisition-eagle-ottawa][https://www.lear.com/newsroom/lear-completes-acquisition-of-grupo-antolins-automotive-seating-business][https://www.lear.com/newsroom/lear-renames-electrical-business-segment-e-systems][https://ir.lear.com/news-releases/news-release-details/lear-corporation-completes-acquisition-xevo-leader-connected-car/][https://www.lear.com/newsroom/lear-completes-acquisition-of-i-g-bauerhin][https://www.lear.com/newsroom/lear-completes-acquisition-of-wip-industrial-automation]\n[P45314639][https://pdf.secdatabase.com/1481/0000950124-94-000684.pdf][https://ir.lear.com/static-files/750d008b-4a9a-4a41-8f58-366d55289c95][https://ir.lear.com/static-files/6062ae33-5b10-4e26-8af7-3a1938b44f19][https://ir.lear.com/static-files/11054ab7-246b-4f5c-ab46-9a329e4162d7][https://ir.lear.com/news-releases/news-release-details/lear-reports-second-quarter-2012-financial-results/][https://ir.lear.com/news-releases/news-release-details/lear-completes-acquisition-eagle-ottawa][https://www.lear.com/newsroom/lear-completes-acquisition-of-grupo-antolins-automotive-seating-business][https://www.lear.com/newsroom/lear-renames-electrical-business-segment-e-systems][https://ir.lear.com/news-releases/news-release-details/lear-corporation-completes-acquisition-xevo-leader-connected-car/][https://www.lear.com/newsroom/lear-completes-acquisition-of-i-g-bauerhin][https://www.lear.com/newsroom/lear-completes-acquisition-of-wip-industrial-automation]",
      "updatedAt": "2026-10-02T16:01:07.25404Z"
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