---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-015002"
form_type: "8-K"
ticker: "THRM"
cik: "0000903129"
company_name: "Gentherm Inc"
filed_at: "2023-04-27T23:59:59+00:00"
generated_at: "2026-06-16T10:47:40.195154+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Gentherm posts record Q1 revenue $363.6M (+35.9% YoY); adjusted EPS $0.49 beats prior year

## Summary
- GAAP diluted EPS $0.24 vs $0.35 YoY; adjusted diluted EPS $0.49 vs $0.41.
- Automotive revenue up 36.8% YoY; organic auto revenue up 14.4% excluding currency and Alfmeier.
- Secured $480M in new automotive awards, including breakthrough JLR and GM EV wins.
- Reaffirmed FY2023 guidance: revenue $1.45B-$1.55B, adjusted EBITDA 11.5%-13.5% of product rev.
- Repurchased $10M of common stock during the quarter.

## SEC filing metadata
- accession: 0000950170-23-015002
- form_type: 8-K
- ticker: THRM
- cik: 0000903129
- company_name: Gentherm Inc
- filed_at: 2023-04-27T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/903129/000095017023015002/0000950170-23-015002-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/903129/000095017023015002/thrm-20230427.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-015002
- JSON: https://secwatch.observer/filing/0000950170-23-015002.json
- Plain text: https://secwatch.observer/filing/0000950170-23-015002.txt

## Key facts
- Earnings Releases
  Gentherm Inc reported first quarter ending March 31, 2023 results: revenue $363.6 million, EPS $0.24. Guidance reaffirmed.
  - Period: first quarter ending March 31, 2023
  - Revenue: $363.6 million
  - EPS: $0.24
  - Guidance: reaffirmed
  - Result: reported results
  source text: medical patient temperature management systems, today announced its financial results for the first quarter ending March 31, 2023. First Quarter Highlights • Product revenues of $363.6 million increased 35.9% from $267.7 million in the first quarter of 2022. Excluding the impact of foreign currency translation, product revenues increased 38.9% year over year •
  evidence_url: https://www.sec.gov/Archives/edgar/data/903129/000095017023015002/0000950170-23-015002-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.