---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-118567"
form_type: "8-K"
ticker: "THRM"
cik: "0000903129"
company_name: "Gentherm Inc"
filed_at: "2024-10-30T23:59:59+00:00"
generated_at: "2026-05-30T08:47:48.268601+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "medium"
source: SEC EDGAR
---

# Gentherm Q3 adj. EPS $0.75 vs $0.64; record $600M awards; updates FY guidance

## Summary
- Product revenues $371.5M (+1.5% YoY); automotive revenues outperformed light vehicle production by ~800 bps.
- GAAP diluted EPS $0.51; adjusted diluted EPS $0.75, up from $0.64 in prior-year period.
- Secured Q3 record $600M in automotive new business awards; on track for >$2B annual awards for second consecutive year.
- Gross margin expanded to 25.5% (from 23.5%); Adjusted EBITDA of $48.1M vs $47.7M YoY.
- Returned >$100M to shareholders via buybacks in last twelve months; guidance updated for 2024.

## SEC filing metadata
- accession: 0000950170-24-118567
- form_type: 8-K
- ticker: THRM
- cik: 0000903129
- company_name: Gentherm Inc
- filed_at: 2024-10-30T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: medium
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/903129/000095017024118567/0000950170-24-118567-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/903129/000095017024118567/thrm-20241030.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-118567
- JSON: https://secwatch.observer/filing/0000950170-24-118567.json
- Plain text: https://secwatch.observer/filing/0000950170-24-118567.txt

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