---
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"
generated_at: "2026-05-15T04:45:44.838048+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Gentherm Q1 revenue up 11% to $394M; adj. EPS $0.84 vs $0.51; Modine deal on track

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-171740
- JSON: https://secwatch.observer/filing/0001193125-26-171740.json
- Plain text: https://secwatch.observer/filing/0001193125-26-171740.txt

## Key facts
- Earnings Releases
  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.
  - Period: the first quarter ended March 31, 2026
  - Revenue: $393.7 million
  - Net income: $4.2 million
  - EPS: $0.14
  - Guidance: reaffirmed
  - Result: reported results
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/903129/000119312526171740/0001193125-26-171740-index.htm

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