secwatch.observer — SEC 8-K summary
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Issuer:     Gentherm Inc (THRM)
CIK:        0000903129
Form:       8-K
Filed at:   2026-10-22T10:10:14+00:00
Accession:  0001193125-26-428275
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4.1-flash:cloud@v2

Gentherm Q3 revenue rises 4.4% ex-FX to $405M but swings to $2.6M net loss; FY26 guidance updated for Modine deal
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- Product revenue $405.1M, up 4.7% from $386.9M (4.4% ex-FX); Automotive Climate and Comfort Solutions revenue +8.8% YoY, beating relevant-market light vehicle production by 12 points.
- GAAP diluted EPS was $(0.08) vs $0.49 a year ago; adjusted diluted EPS $0.33 vs $0.73. Net loss $(2.6)M vs $14.9M income; adjusted EBITDA $45.0M (11.1% of revenue) vs $49.0M (12.7%).
- Gross margin fell to 23.3% from 24.6% on foreign exchange, higher net material costs and inflation, partly offset by operating leverage.
- Cash flow from operations $36.0M vs $87.8M; adjusted free cash flow $59.5M vs $72.3M. Secured $555M of automotive new business awards in the quarter.
- Closed the Modine Performance Technologies combination on October 1, 2026; full-year 2026 guidance was updated to include it, and the company repurchased $60M of stock in October.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/903129/000119312526428275/0001193125-26-428275-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/903129/000119312526428275/thrm-20261022.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-428275

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