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Gentherm Inc. (THRM)

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Gentherm Inc. (THRM) reported revenue of $416 million for Q2 FY2026, the quarter ended 30 June 2026, up 11.0% on the same quarter a year earlier. Net income was $4 million, up 826.6% on the year, and diluted earnings per share $0.14. The figures are the company's own, from the 10-Q it filed with the SEC on 23 July 2026.

Revenue$416 millionup 11.0%
Net income$4 millionup 826.6%
Diluted EPS$0.14
QuarterQ2 FY2026ended 30 June 2026

Gentherm (THRM) in brief

Gentherm (THRM) reported revenue of $1.5 billion for fiscal 2025, the year ended 31 December 2025, up 2.9% on the year before.
Read moreNet income was $18 million and diluted earnings per share $0.59. Revenue was $1.5 billion in fiscal 2024, $1.5 billion in fiscal 2023, $1.2 billion in fiscal 2022 and $1.0 billion in fiscal 2021. Net income in the same years was $65 million, $40 million, $24 million and $93 million. Over the twelve months to 30 June 2026, Gentherm reported revenue of $1.6 billion and net income of $27 million. Revenue grew 10.4% a year, compounded, over the five years to fiscal 2025. Gentherm had 31 million shares outstanding at the latest filed count. At 30 June 2026 it carried $273 million of debt and $213 million of cash. At the close of 9 October 2026 the market cap of Gentherm was $912 million, 34.1 times its earnings over the last twelve months.

Ratios

From the filings

ROE3.7%
ROCE6.4%
Operating margin4.0%
Net margin1.7%
FCF margin2.6%
Interest covern/a
Debt to equity0.38
Cash conversion3.29
Share count, 1 year0.6%
Sales CAGR, 3 years7.5%
Profit CAGR, 3 years-9.2%
EPS, TTM$0.87

At the close of 9 October 2026

Price$29.69
Market cap$912 million
Stock P/E34.13
Price to book1.26
EV / EBITDA8.12
Dividend yieldn/a
Market cap / sales0.58
52-week high$45.61
52-week low$27.21
Price, 1 year-13.2%
Price CAGR, 3 years-18.5%
Price CAGR, 5 years-19.3%
Worked from the filed figures; hover a name for the formula.
Read moreThe priced ones use the latest price, the last regular-hours trade on IEX. Debt to equity here stands on long-term debt as Gentherm Inc. files it, with lease liabilities counted separately and never inside it. Nothing here is a valuation or a view.
THRMgreeksoup.ai
Daily prices to 9 October 2026, adjusted for splits; from 28 September 2026 each day's price is the last regular-hours trade on IEX.
Read moreData provided for free by IEX. By accessing or using IEX Historical Data, you agree to the IEX Historical Data Terms of Use. Day by day for the last three years; before that one point a week, carrying the week's last close and its average daily volume, so a volume bar means the same thing across the whole series; the bars sit under the price on their own scale, on the right. The moving averages need consecutive days and are drawn from the daily part. P/E is the close over the trailing four quarters' EPS as filed at each filing date, on the current share count; the dashed line is the median over the range shown. Sales and margin are quarterly revenue and the operating margin from the tables above. EV/EBITDA, price to book and market cap to sales use the latest filed balance sheet and share count at each date. Before the quarters on file begin, P/E, price to book and market cap to sales stand on each annual report from the day it was filed. Drawn in your browser; the range and overlay you pick are remembered here only.

The public record on THRM

Filings27 in twelve months: 15 current reports (8-K), about 8 regulation FD disclosure; 5 material agreement; 4 officer or director change; 3 new financial obligation; 3 results of operations
Planned insider sales2 Form 144 notices in twelve months, $242,800; latest 17 August 2026
Options tapeput/call 0.61 by open interest at the 9 October 2026 close; the straddle prices a 10.3% move to 16 October 2026
13F holders6 of the followed funds hold it; largest Geode Capital Management; 4 Schedule 13D or 13G filings in twelve months
Insider trading2 sales and 0 purchases on Form 4 in twelve months
Congress0 House trades disclosed in six months
Short interest2.1 million shares short, 3.51 days to cover at 30 September 2026
Documentsthe 10-K, the 10-Qs, the proxy and 3 earnings press releases, each linked

Quarterly results, the last 12 quarters

Q3 FY2023Q4 FY2023 *Q1 FY2024Q2 FY2024Q3 FY2024Q4 FY2024 *Q1 FY2025Q2 FY2025Q3 FY2025Q4 FY2025 *Q1 FY2026Q2 FY2026
Revenue366367356376372353354375387383394416
Cost of revenue280271267279277267267285292292296320
Gross profit86.296.388.896.794.986.186.589.895.190.897.296.4
Gross margin24%26%25%26%26%24%24%24%25%24%25%23%
R&D23.121.422.721.923.021.124.222.624.423.623.924.1
SG&A38.241.940.739.436.938.138.541.142.947.655.355.7
Operating income23.731.718.033.032.323.617.124.023.917.811.310.7
Operating margin6%9%5%9%9%7%5%6%6%5%3%3%
Pre-tax income22.817.218.328.419.436.12.12.520.910.37.67.3
Tax rate30%-5%19%34%18%58%106%81%28%71%45%40%
Net income15.818.114.818.916.015.3-0.10.514.93.04.24.4
Net margin4%5%4%5%4%4%-0%0%4%1%1%1%
Diluted EPS$0.48$0.56$0.47$0.60$0.51$0.49$0.00$0.02$0.49$0.10$0.14$0.14
Operating cash flow21.439.2-10.337.146.336.6-13.345.056.129.0-5.07.3
Capital expenditure12.911.111.319.419.623.014.98.99.722.35.78.6
Free cash flow8.628.1-21.617.826.613.6-28.236.246.56.7-10.7-1.2
Buybacks11.160.00.021.719.910.00.010.00.00.0n/an/a
Shares outstanding33m32m32m31m31m31m31m31m31m31m31m31m
Filing10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q
Each quarter as filed, linked to its filing.
Read more* The fourth quarter is the full year less the first three quarters, because the company files the year and not the quarter on its own. A fourth quarter's EPS and diluted share count are from the company's results press release for that quarter, used where the release gives the same revenue and net income as the table. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and the share count are as they are. Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Cash flow lines filed year to date are the difference between two filings. Shares outstanding are at the period end where the balance sheet tags them, otherwise the count on the filing's cover page. A derived fourth-quarter EPS is left blank when a split in the year makes the arithmetic meaningless.

Income statement (profit and loss), 12 fiscal years and the trailing twelve months

FY2014 †FY2015 †FY2016 †FY2017 †FY2018 †FY2019 †FY2020FY2021FY2022FY2023FY2024FY2025TTM
Revenue8118569189941,0499729131,0461,2051,4691,4561,4991,580
Cost of revenue5705806236757446836457439311,1171,0901,1361,200
Gross profit242276295319305288268304274352366362380
Gross margin29.8%32.3%32.2%32.1%29.1%29.7%29.4%29.0%22.7%23.9%25.2%24.2%24.0%
Research and development57.559.672.982.579.972.568.075.285.794.488.794.896.0
Selling, general and administrative84.695.5115140137119105110133156155170201
Operating income98.412110697.172.884.389.211548.377.410782.763.6
Operating margin12.1%14.2%11.6%9.8%6.9%8.7%9.8%11.0%4.0%5.3%7.3%5.5%4.0%
Pre-tax income94.212911169.358.159.281.611438.455.010235.846.2
Income tax24.133.534.034.016.210.321.920.413.914.637.317.619.6
Effective tax rate25.6%26.0%30.7%49.1%27.9%17.4%26.8%17.9%36.3%26.6%36.5%49.0%42.4%
Net income70.195.476.635.241.948.959.793.424.440.364.918.326.6
Net margin8.6%11.1%8.3%3.5%4.0%5.0%6.5%8.9%2.0%2.7%4.5%1.2%1.7%
Diluted EPS$1.95$2.62$2.09$0.96$1.16$1.47$1.81$2.79$0.73$1.22$2.06$0.59$0.87
Filing10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K
From each year's 10-K, linked; TTM is the last four quarters.
Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are. † The year as the company last restated it in a later filing; rest on a figure for the one first filed. EPS is as filed.

Revenue by segment

FY2023FY2024FY2025Share
latest year
Automotive Segments1,4231,4061,44996.7%
Medical Segments46.149.849.83.3%
Automotive SegmentsMedical Segments
1,469FY20231,456FY20241,499FY2025

$ million; hover a block for its figure and share

From the latest 10-K, in the company's own words.
Read moreA year is shown only where the parts add up to the revenue above. Fiscal years are labelled by the year they end in.

Revenue by region

FY2023FY2024FY2025Share
latest year
United States53750451334.3%
China22222424016.0%
Other18219319513.0%
Germany1021061147.6%
CZ69.778.889.66.0%
South Korea11610489.15.9%
Mexico45.743.367.04.5%
SK44.955.155.53.7%
RO54.052.654.33.6%
Japan60.953.747.63.2%
United Kingdom34.841.133.42.2%
United StatesChinaOtherGermanyCZSouth KoreaMexicoOther
1,469FY20231,456FY20241,499FY2025

$ million; hover a block for its figure and share

From the latest 10-K, in the company's own words.
Read moreA year is shown only where the parts add up to the revenue above. Fiscal years are labelled by the year they end in.

Cash flow and capital returned

FY2014 †FY2015 †FY2016 †FY2017 †FY2018 †FY2019 †FY2020FY2021FY2022FY2023FY2024FY2025TTM
Operating cash flow80.310510849.911811911114314.911911011787.4
Capital expenditure38.955.566.350.841.523.717.238.539.737.673.355.746.1
Free cash flow41.449.242.1-0.976.995.193.5105-24.881.736.361.141.2
Free cash flow margin5.1%5.7%4.6%-0.1%7.3%9.8%10.2%10.0%-2.1%5.6%2.5%4.1%2.6%
Cash from investingn/an/a-144-118-40.85.8-18.2-48.8-240-24.1-53.5-52.4-47.0
Cash from financingn/an/a79.9-31.6-139-109115-169190-106-51.7-42.545.7
Depreciation and amortisation35.031.037.845.050.644.241.138.844.450.953.053.456.0
Share-based compensation4.76.09.212.59.06.38.814.56.611.610.412.313.1
Buybacks1.1n/an/a5.314863.39.120.0n/a91.151.610.0n/a
Diluted shares, weighted36m36m37m37m36m33m33m34m34m33m31m31m31m
Shares outstanding at period end36m36m37m37m34m33m33m33m33m32m31m31m31m
Filing10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K
Cash paid in the year, from the cash flow statement.
Read moreThe dividend per share is as declared. Diluted shares are the weighted average for the year; a falling count is the buybacks net of issuance. TTM sums the last four quarters; the share counts are the latest quarter's.

Balance sheet at year end

FY2014 †FY2015 †FY2016 †FY2017 †FY2018 †FY2019 †FY2020FY2021FY2022FY2023FY2024FY2025TTM
Funded by
Shareholders' equity294384460554480484586654672645617720723
Debt90.897.717214514080.619238.8235223220189273
Operating lease liabilitiesn/an/an/an/an/a6.824.219.820.516.237.148.143.6
Other liabilities169166211185183167220223311351373439453
Total liabilities and equity5546488438838037391,0239351,2391,2341,2481,3961,493
Owned
Fixed assets91.7119172200171161153155244245253271269
Goodwill30.427.851.769.755.364.668.066.012010499.6109107
Intangible assets68.148.557.683.356.449.846.437.673.966.557.352.849.7
Cash and equivalents85.714417710339.650.4268191154150134161213
Receivables136144170185167160212183247254258281339
Inventory77.684.2105121113118122159218206227253245
Other assets64.579.8109121201135153143182209218269271
Total assets5546488438838037391,0239351,2391,2341,2481,3961,493
Filing10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K
At the fiscal year end; the TTM column is the latest quarter end.
Read moreBoth totals are the company's own. Other liabilities is the filed total less the rows above it: payables, deferred revenue, taxes, borrowings the rows above do not carry and the rest; other assets is the same on the other side. Investments add the current and non-current lines as filed. Debt is the company's own stated total where it files one, otherwise its long-term debt with the current maturities, never parts added together. A row is left blank in a year where the lines shown overlap and the remainder would fall below nil.

Compounded growth

10 years5 years3 yearsTTM
Sales growth, compounded5.8%10.4%7.5%8.7%
Profit growth, compounded-15.2%-21.1%-9.2%-16.0%
Return on equity, average8.9%7.4%6.4%2.5%
Yearly growth, compounded; TTM is the last four quarters against the four before.
Read moreReturn on equity is net income over shareholders' equity at each year end, averaged over the window (the TTM column is the latest year alone); equity is the parent's shareholders' equity as tagged in the 10-K. Arithmetic on filed numbers, nothing forecast.

Questions

What was Gentherm's revenue in fiscal 2025?

Gentherm (THRM) reported revenue of $1.5 billion for fiscal 2025, the year ended 31 December 2025, up 2.9% on the year before.

How much did Gentherm earn in fiscal 2025?

Net income was $18 million for fiscal 2025, and diluted earnings per share $0.59.

What is Gentherm's P/E ratio?

At the close of 9 October 2026, Gentherm traded at 34.1 times its earnings over the twelve months to 30 June 2026.

What is Gentherm's market cap?

The market cap of Gentherm was $912 million at the close of 9 October 2026.

How much debt does Gentherm have?

At 30 June 2026 Gentherm carried $273 million of debt and $213 million of cash.

Peers: Automobiles and Trucks

CompanyMarket capP/EROEOp. marginSales growth
TTM
Debt to equityDiv. yield
Borgwarner Inc. BWA$12.5 billion30.667.4%5.0%2.2%0.690.9%
Aptiv plc APTV$9.1 billion41.322.5%5.3%-5.4%0.610.0%
Allison Transmission Holdings Inc. ALSN$9.1 billion17.4726.7%19.6%37.6%2.071.0%
Autoliv Inc. ALV$8.0 billion12.9425.8%9.2%5.9%0.682.8%
Lear Corp. LEA$5.8 billion10.9910.7%3.7%3.5%0.520.7%
Gentex Corp. GNTX$4.4 billion11.1316.0%19.3%10.1%0.002.3%
Dorman Products, Inc. DORM$3.6 billion16.6614.5%14.5%3.3%0.29n/a
Atmus Filtration Technologies Inc. ATMU$3.5 billion16.4147.3%17.2%13.1%2.200.5%
Dana Inc. DAN$3.2 billion2.9258.1%n/a3.7%0.691.5%
Versigent plc VGNT$3.1 billionn/a468.2%5.9%n/a26.16n/a
Visteon Corp. VC$2.3 billion11.178.9%n/a-1.1%0.180.4%
Phinia Inc. PHIN$2.1 billion16.568.8%7.0%7.7%0.631.9%
All 36 in Automobiles and Trucks
CompanyMarket capP/EROEOp. marginSales growth
TTM
Debt to equityDiv. yield
Tesla, Inc. TSLA$1.51 trillion354.334.4%4.2%11.8%0.09n/a
Toyota Motor Corp. TM *$219.3 billion9.909.6%7.4%5.5%1.083.8%
General Motors Co. GM$72.6 billion41.793.1%1.0%-1.1%2.060.7%
Ferrari N.V. RACE *$69.1 billion38.6440.9%29.5%7.0%0.740.9%
Paccar Inc. PCAR$56.9 billion22.7012.3%n/a-10.6%0.722.5%
Ford Motor Co. F$48.5 billionn/a-20.7%-3.7%1.5%4.516.2%
Honda Motor Co. Ltd. HMC *$42.4 billionn/a-3.6%-1.9%0.5%1.144.5%
Stellantis N.V. STLA *$13.0 billionn/a-41.8%-17.1%-2.1%0.8617.1%
Borgwarner Inc. BWA$12.5 billion30.667.4%5.0%2.2%0.690.9%
Li Auto Inc. LI *$11.7 billion71.661.5%-0.5%-22.3%0.13n/a
XPeng Inc. XPEV *$9.5 billionn/a-3.8%-3.6%87.7%0.42n/a
Aptiv plc APTV$9.1 billion41.322.5%5.3%-5.4%0.610.0%
Allison Transmission Holdings Inc. ALSN$9.1 billion17.4726.7%19.6%37.6%2.071.0%
NIO Inc. NIO *$8.9 billionn/a-374.3%-16.0%33.1%3.36n/a
Autoliv Inc. ALV$8.0 billion12.9425.8%9.2%5.9%0.682.8%
Oshkosh Corp. OSK$7.7 billion14.3412.3%7.5%2.2%0.131.6%
Federal Signal Corp. FSS$6.9 billion24.5018.9%16.2%24.0%0.300.5%
Lear Corp. LEA$5.8 billion10.9910.7%3.7%3.5%0.520.7%
Terex Corp. TEX$5.8 billion25.853.0%5.7%29.2%0.541.3%
Gentex Corp. GNTX$4.4 billion11.1316.0%19.3%10.1%0.002.3%
Dorman Products, Inc. DORM$3.6 billion16.6614.5%14.5%3.3%0.29n/a
Atmus Filtration Technologies Inc. ATMU$3.5 billion16.4147.3%17.2%13.1%2.200.5%
Thor Industries Inc. THO$3.3 billion18.844.2%n/a0.3%0.203.3%
Dana Inc. DAN$3.2 billion2.9258.1%n/a3.7%0.691.5%
Versigent plc VGNT$3.1 billionn/a468.2%5.9%n/a26.16n/a
Polaris Inc. PII$2.9 billionn/a-31.1%-2.6%8.4%2.295.2%
Visteon Corp. VC$2.3 billion11.178.9%n/a-1.1%0.180.4%
Phinia Inc. PHIN$2.1 billion16.568.8%7.0%7.7%0.631.9%
Patrick Industries Inc. PATK$2.0 billion15.0413.0%6.7%3.2%1.252.0%
LCI Industries LCII$1.9 billion9.1014.8%7.5%4.1%0.605.9%
Dauch Corp. DCH$1.3 billionn/a-11.0%1.0%41.0%3.39n/a
Goodyear Tire & Rubber Co. GT$1.3 billionn/an/an/a-4.3%2.320.0%
Adient plc ADNT$1.3 billion29.022.8%n/a5.0%1.381.6%
Gentherm Inc. THRM$912 million34.133.7%4.0%8.7%0.38n/a
Standard Motor Products, Inc. SMP$819 million16.377.1%8.4%11.3%0.823.4%
Winnebago Industries Inc. WGO$660 million17.183.1%2.4%3.4%0.365.9%
17 companies share its SEC industry code (Motor Vehicle Parts & Accessories); the rest are the names nearest in size in its wider industry, Automobiles and Trucks, one of the Fama-French 48 industries, a published grouping of SEC industry codes.
Read moreBy market capitalisation; a click on a heading sorts by it, largest first, and a second click turns it round. Each figure is the same arithmetic as the ratio box above, on each company's own filings and latest close; a name marked * is a foreign company that files once a year, on its latest fiscal year.

Filings

FilingPeriodFiledWhere
10-Q30 June 202623 July 2026EDGAR
10-Q31 March 202623 April 2026EDGAR
10-K31 December 202519 February 2026EDGAR
10-Q30 September 202523 October 2025EDGAR
10-Q30 June 202524 July 2025EDGAR
10-Q31 March 202524 April 2025EDGAR
10-K31 December 202419 February 2025EDGAR
10-Q30 September 202430 October 2024EDGAR
10-Q30 June 202431 July 2024EDGAR
10-Q31 March 202430 April 2024EDGAR

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