Lear's Suppliers recorded an increase in sales by 17.23 % year on year in Q2 2026, sequentially sales grew by 12.32 %, Lear recorded an increase in cost of sales by 2.64 % year on year, sequentially cost of sales grew by 6.82 % in Q2.
Lear's Suppliers recorded an increase in sales by 17.23 % year on year in Q2 2026, sequentially sales grew by 12.32 %, Lear recorded increase in cost of sales by 2.64 % year on year, sequentially cost of sales grew by 6.82 % in Q2.
The principal raw materials used in our seat systems, electrical distribution
systems and electronics are generally available and obtained from multiple suppliers
under various types of supply agreements. Components, such as fabric, foam, leather,
seat structures and mechanisms, terminals and connectors and certain other components
are either manufactured by us internally or purchased from multiple suppliers
under various types of supply agreements. The majority of the steel used in our
products is comprised of fabricated components that are integrated into a seat
system, such as seat frames, recliner mechanisms, seat tracks and other mechanical
components. Therefore, our exposure to changes in steel prices is primarily indirect,
through these purchased components. With the exception of certain terminals and
connectors, the materials that we use to manufacture wire harness assemblies are
substantially purchased from suppliers, including extruded and insulated wire
and cable. The majority of our copper purchases are comprised of extruded wire
and cable that we integrate into electrical wire harnesses and are generally subject
to price index agreements with our customers. We utilize a combination of short-term
and long-term supply contracts to purchase key components. We generally retain
the right to terminate these agreements if our supplier does not remain competitive
in terms of cost, quality, delivery, technology or customer support.
Lear's Comment on Supply Chain
The principal raw materials used in our seat systems, electrical distribution
systems and electronics are generally available and obtained from multiple suppliers
under various types of supply agreements. Components, such as fabric, foam, leather,
seat structures and mechanisms, terminals and connectors and certain other components
are either manufactured by us internally or purchased from multiple suppliers
under various types of supply agreements. The majority of the steel used in our
products is comprised of fabricated components that are integrated into a seat
system, such as seat frames, recliner mechanisms, seat tracks and other mechanical
components. Therefore, our exposure to changes in steel prices is primarily indirect,
through these purchased components. With the exception of certain terminals and
connectors, the materials that we use to manufacture wire harness assemblies are
substantially purchased from suppliers, including extruded and insulated wire
and cable. The majority of our copper purchases are comprised of extruded wire
and cable that we integrate into electrical wire harnesses and are generally subject
to price index agreements with our customers. We utilize a combination of short-term
and long-term supply contracts to purchase key components. We generally retain
the right to terminate these agreements if our supplier does not remain competitive
in terms of cost, quality, delivery, technology or customer support.
LEA's Suppliers Net Income grew by
LEA's Suppliers Net margin grew in Q2 to
77.92 %
19.43 %
LEA's Suppliers Net Income grew by 77.92 %
LEA's Suppliers Net margin grew in Q2 to 19.43 %
Lear's Suppliers Sales Growth
in Q2 2026 by Industry
Sources:
Lear Corp's official press releases and regulatory filings; CSIMarket.com's supply-chain research; and the financial filings and press releases of other companies cited in this report.
Updated on:
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