secwatch.observer — SEC 8-K summary
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Issuer:     Gentherm Inc (THRM)
CIK:        0000903129
Form:       8-K
Filed at:   2026-04-23T23:59:59+00:00
Accession:  0001193125-26-171740
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/903129/000119312526171740/0001193125-26-171740-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/903129/000119312526171740/thrm-20260423.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-171740

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