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Gentherm (THRM)

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Earnings summaries and quarterly performance for Gentherm.

Recent press releases and 8-K filings for THRM.

Gentherm Discusses Strategic Growth and Market Outlook
THRM
M&A
New Projects/Investments
Guidance Update
  • Gentherm aims to become a $3 billion company with less than 70% exposure to the light vehicle market, targeting mid-teens EBITDA and anticipating M&A as a component of this growth.
  • The company is expanding into adjacent markets like commercial vehicles and motion furniture, having built a funnel of over $300 million in lifetime revenue since April and securing a production award with a leading furniture brand for Q1 2026.
  • Gentherm's medical business, which currently generates $50 million in revenue with 50% gross margins, is targeted for significant growth to north of $100 million by leveraging automotive technology and new product development, with FDA announcements expected near year-end.
  • Operational improvements, including footprint consolidation and standardizing operating systems, have led to a $20 million-$25 million reduction in CapEx this year and are projected to result in 0.5% plus of margin expansion by 2027 from these transitions.
  • Despite an anticipated 2% decline in overall industry production volumes for 2026, Gentherm expects to outgrow the market due to strong award activity and strategic initiatives in new markets.
Nov 11, 2025, 3:05 PM
Gentherm Presents at 2025 Baird Global Industrial Conference
THRM
Guidance Update
Revenue Acceleration/Inflection
New Projects/Investments
  • Gentherm presented at the 2025 Baird Global Industrial Conference on November 11, 2025, with President and CEO Bill Presley and CFO Jon Douyard.
  • For 2024, the company reported $1.5 billion in revenue, an Adjusted EBITDA of 12.6%, and $2.4 billion in Automotive New Business Awards.
  • Gentherm is on track for $2B+ in Automotive New Business Awards this year, including strategic wins with Ford F-Series and Mercedes-Benz.
  • The company has identified $300M+ lifetime revenue in target industries and has reduced its net leverage to 0.2x.
Nov 11, 2025, 3:05 PM
Gentherm Reports Record Q3 2025 Revenue and Updates Full-Year Guidance
THRM
Earnings
Guidance Update
New Projects/Investments
  • Gentherm reported record quarterly revenue of $387 million for Q3 2025, an increase of 4.1% year-over-year, and generated $88 million in operating cash flow year-to-date.
  • The company secured $745 million in automotive new business awards in Q3 2025, including a strategic conquest win with Mercedes-Benz for lumbar and massage comfort solutions, bringing year-to-date awards to $1.8 billion.
  • Gentherm updated its full-year 2025 guidance, increasing the midpoint of its revenue expectation to a range of $1.47 billion-$1.49 billion and narrowing the adjusted EBITDA margin range to 11.9% to 12.3%.
  • Progress was made in adjacent markets, with a commercial funnel of over $300 million of lifetime revenue and a new award from a global furniture brand, with production starting in Q1 2026.
Oct 23, 2025, 12:00 PM
Gentherm Reports Record Q3 2025 Revenue and Updates Full-Year Guidance
THRM
Earnings
Guidance Update
New Projects/Investments
  • Gentherm achieved record quarterly revenue of $387 million in Q3 2025, driven by high demand and improved light vehicle industry production.
  • The company secured $745 million in automotive new business awards during Q3 2025, including a significant conquest win with Mercedes-Benz, bringing the year-to-date total to $1.8 billion.
  • Adjusted EBITDA for Q3 2025 was $49 million, representing 12.7% of sales, and year-to-date operating cash flow reached $88 million.
  • Gentherm increased the midpoint of its full-year 2025 revenue guidance to a range of $1.47 billion to $1.49 billion and narrowed the adjusted EBITDA margin range to 11.9% to 12.3%.
  • Progress in adjacent markets generated a commercial funnel of over $300 million in lifetime revenue, including a contract with a large global furniture brand to supply comfort solutions starting in Q1 2026.
Oct 23, 2025, 12:00 PM