earnings
confidence medium
sentiment positive
materiality 0.75
Gentherm Q2 revenue record $416M, raises FY2026 guidance, authorizes $400M buyback
Gentherm Inc
- Q2 revenue $416.2M, up 11% YoY (9.5% ex-FX); net income $4.4M vs $0.5M; adjusted EPS $0.75 vs $0.54.
- Automotive Climate & Comfort revenue up 14.1% YoY, outperforming production by 14pp; new business awards $690M.
- Full year 2026 guidance raised (specific figures not provided in filing).
- Board terminated $150M buyback ($110.1M remaining), authorized new $400M buyback through July 2029.
- Strategic medical acquisition announced (no details in filing); medical revenue flat ex-FX.