---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-088211"
form_type: "8-K"
ticker: "THRM"
cik: "0000903129"
company_name: "Gentherm Inc"
filed_at: "2024-07-31T23:59:59+00:00"
generated_at: "2026-05-31T14:43:39.462483+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Gentherm Q2 2024: Record revenue $376M, EPS $0.60 vs loss, $660M new awards

## Summary
- Product revenue $375.7M (+0.9% YoY); GAAP diluted EPS $0.60 vs ($0.05); adjusted EPS $0.66 vs $0.58.
- Adjusted EBITDA $49.9M (+17.7% YoY); gross margin improved to 25.7% from 23.6% in prior year.
- Auto new business awards $660M in Q2, $1.2B YTD; includes first proprietary Puls.A massage solution award.
- Automotive revenues outperformed key market light vehicle production by 500 bps; Medical revenue up 8.3% YoY.
- Fit-for-Growth 2.0 driving cost reductions; new plant start-up costs in Morocco and Mexico partially offset gains.

## SEC filing metadata
- accession: 0000950170-24-088211
- form_type: 8-K
- ticker: THRM
- cik: 0000903129
- company_name: Gentherm Inc
- filed_at: 2024-07-31T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/903129/000095017024088211/0000950170-24-088211-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/903129/000095017024088211/thrm-20240731.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-088211
- JSON: https://secwatch.observer/filing/0000950170-24-088211.json
- Plain text: https://secwatch.observer/filing/0000950170-24-088211.txt

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