secwatch.observer — SEC 8-K summary
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Issuer:     Gentherm Inc (THRM)
CIK:        0000903129
Form:       8-K
Filed at:   2025-04-24T23:59:59+00:00
Accession:  0000950170-25-057651
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Gentherm Q1 revenue $354M flat YoY, net loss $0.1M; adj EBITDA margin down to 11.1%
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- Product revenues $353.9M, down 0.6% YoY; up 0.9% ex-FX with Automotive +0.8%, Medical +5.9%.
- Net loss $0.1M vs net income $14.9M a year ago; GAAP diluted EPS $(0.00), adjusted EPS $0.51.
- Adjusted EBITDA $39.3M (11.1% of revenue) vs $43.5M (12.2%) in Q1 2024.
- Secured $400M in automotive new business awards, including first Japanese OEM lumbar/massage win.
- FY2025 revenue guidance unchanged at $1.4-1.5B; adj EBITDA margin range widened to 11.5%-13%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/903129/000095017025057651/0000950170-25-057651-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/903129/000095017025057651/thrm-20250424.htm
  HTML page:      https://secwatch.observer/filing/0000950170-25-057651

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer