earnings
confidence high
sentiment neutral
materiality 0.70
Gentherm Q2 revenue $375M flat YoY, net income drops to $0.5M; narrows 2025 guidance
Gentherm Inc
2025-Q2 EPS reported
$0.01
revenue$728,944,000
- Product revenue $375.1M (-0.2% YoY); net income $0.5M vs $18.9M prior year, hit by $18.9M unrealized FX losses.
- Adjusted EBITDA $45.9M (12.2% of revenue); GAAP diluted EPS $0.02, adjusted diluted EPS $0.54.
- Secured $620M in automotive new business awards in Q2, $1B YTD; includes Ford F-Series and Puls.A massage awards.
- Gross margin fell 180 bps to 23.9% on higher material costs, unfavorable mix, and footprint realignment costs.
- FY 2025 guidance narrowed: revenue $1.43B-$1.5B, adj. EBITDA margin 11.7%-12.5%, capex cut to $55M-$65M.
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