{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-26-171740","form_type":"8-K","ticker":"THRM","cik":"0000903129","company_name":"Gentherm Inc","filed_at":"2026-04-23T23:59:59+00:00","discovered_at":"2026-05-14T18:02:33.911494+00:00","generated_at":"2026-05-15T04:45:44.838048+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Gentherm Q1 revenue up 11% to $394M; adj. EPS $0.84 vs $0.51; Modine deal on track","bullets":["Product revenue $393.7M (+11.3% YoY; +7.2% ex-FX); Automotive +7.7% ex-FX, outperforming production by 14pp.","GAAP diluted EPS $0.14 vs $(0.00) YoY; adjusted diluted EPS $0.84 vs $0.51.","Adjusted EBITDA $49.3M (12.5% of revenue) vs $39.3M (11.1%) prior year; gross margin 24.7% vs 24.4%.","Announced plan to combine with Modine Performance Technologies; transaction expected to close by year-end.","FY 2026 guidance unchanged: revenue $1.5B-$1.6B, adj. EBITDA $175M-$195M, adj. FCF $80M-$100M."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-26-171740","json":"https://secwatch.observer/filing/0001193125-26-171740.json","markdown":"https://secwatch.observer/filing/0001193125-26-171740.md","text":"https://secwatch.observer/filing/0001193125-26-171740.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/903129/000119312526171740/0001193125-26-171740-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/903129/000119312526171740/thrm-20260423.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-15T04:45:44.838048+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"828c4c1a3142a2d02f9faaca867adb43bbf4792d","claim":"Gentherm Inc reported the first quarter ended March 31, 2026 results: revenue $393.7 million, net income $4.2 million, EPS $0.14. Guidance reaffirmed.","evidence_excerpt":"First Quarter Financial Highlights • Secured Automotive New Business Awards totaling $395 million in the quarter. • Product revenues of $393.7 million increased 11.3% from $353.9 million in the prior year. Excluding the impact of foreign currency translation, product revenues increased 7.2%, with Automotive increasing 7.7% and Medical decreasing 6.3%. • Automotive Climate and Comfort Solutions revenue increased 13.6% year over year, or 9.8% excluding the impact of foreign currency translation, outperforming S&P Global’s mid-April light vehicle production report in our relevant markets by 14 percentage points. • Gross margin was 24.7%, compared to 24.4% in the prior year. The increase was primarily driven by operating leverage and net material performance, partially offset by annual price reductions and higher labor costs. • Net income (loss) was $4.2 million, compared to $(0.1) million in the prior year. • Adjusted EBITDA was $49.3 million, or 12.5% of revenue, compared to $39.3 millio","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/903129/000119312526171740/0001193125-26-171740-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the first quarter ended March 31, 2026"},{"label":"Revenue","value":"$393.7 million"},{"label":"Net income","value":"$4.2 million"},{"label":"EPS","value":"$0.14"},{"label":"Guidance","value":"reaffirmed"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}