---
schema_version: "secwatch.filing_event.v1"
accession: "0001564590-22-017660"
form_type: "8-K"
ticker: "THRM"
cik: "0000903129"
company_name: "Gentherm Inc"
filed_at: "2022-05-04T23:59:59+00:00"
generated_at: "2026-06-26T01:06:48.304444+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Gentherm Q1 revenue down 7.2%; acquires Alfmeier automotive for €177.5M

## Summary
- Revenue $267.7M, down 7.2% YoY; GAAP EPS $0.35 vs $0.99, adjusted EPS $0.41 vs $1.04.
- Gross margin fell to 24.0% from 30.4%; Adjusted EBITDA $27.0M vs $51.8M.
- Maintains 2022 guidance: revenue $1.12–1.22B, Adj EBITDA margin 14–16%.
- Acquiring Alfmeier automotive business for €177.5M cash; 2021 revenue €232M.
- Expects ~$10M annual cost savings; deal closes Q3 2022 subject to regulatory approvals.

## SEC filing metadata
- accession: 0001564590-22-017660
- form_type: 8-K
- ticker: THRM
- cik: 0000903129
- company_name: Gentherm Inc
- filed_at: 2022-05-04T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- 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/903129/000156459022017660/0001564590-22-017660-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/903129/000156459022017660/thrm-8k_20220504.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001564590-22-017660
- JSON: https://secwatch.observer/filing/0001564590-22-017660.json
- Plain text: https://secwatch.observer/filing/0001564590-22-017660.txt

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