Gentherm (THRM)
NASDAQ:THRM
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Earnings Data
Report Date
Aug 04, 2026Before Open (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
0.56Last Year’s EPS
0.54Same Quarter Last Year
Moderate Buy
Based on 6 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call communicated strong operational execution and multiple growth catalysts — record quarterly revenue, double-digit segment growth, substantial new business awards, margin expansion (140 bps YoY), robust liquidity and strategic M&A to broaden markets. At the same time, management flagged a meaningful near-term cost headwind (~$20 million) from logistics and commodity inflation, expected mid-year margin pressure, inventory depletion effects, and one-time merger charges that reduced GAAP EPS. Overall the positives (revenue and margin gains, product/market diversification, balance sheet strength and clear integration plan with Modine) outweigh the near-term headwinds, but management is appropriately cautious given macro uncertainty.Company Guidance
Record Quarterly Revenue
Product revenues reached a quarterly record of $394 million, up 11.3% year-over-year (7.2% growth excluding foreign currency translation).
Strong Automotive Segment Performance
Automotive Climate & Comfort Solutions revenue grew 13.6% YoY (9.8% ex-FX). Lumbar and massage comfort solutions grew 33% YoY, driven by program ramps and increased take rates in China.
Improved Profitability
Adjusted EBITDA was $49.3 million, representing 12.5% of sales versus 11.1% in prior-year Q1 (an increase of 140 basis points). Adjusted diluted EPS was $0.84, up 65% from $0.51 a year ago.
Significant New Business Wins
Secured $395 million of automotive new business awards, described as well balanced across region, customer and product; pursuit pipeline described as robust for the remainder of the year.
Expansion Beyond Automotive
Entered home and office market with KUKA Home production launches and additional win with a leading North American furniture brand (fourth consecutive quarter with a new home/office customer). Management estimates furniture opportunity could clip $50–$100 million by 2028 and add 1–2 points of growth.
Medical Product Progress
Submitted FDA 510(k) for ThermAffyx patient warming/securement system; regulatory approval process remains on track and revenue is expected to begin later this year.
Strategic M&A to Accelerate Growth
Announced planned combination with Modine Performance Technologies to expand product portfolio and end-market exposure; combined 5-year target of $3.5 billion revenue and more than $0.5 billion of earnings.
Balance Sheet and Cash Generation Improvements
Net leverage ended Q1 at 0.2 turns, liquidity of $456 million, an $8 million year-over-year improvement in operational cash flow, and CapEx purchases of $5.6 million (down $9.2 million YoY).
Operational and Organizational Progress
Implemented organizational realignment and operating system improvements; expected OpEx annual run-rate benefit ~ $10 million with about half (~$5 million) hitting this year, driving improved execution and margin expansion.
Maintained Full-Year Guidance
Maintained 2026 revenue guidance of $1.5–$1.6 billion (~3% growth vs market -2%) and adjusted EBITDA guidance of $175–$195 million (implied ~12% margin midpoint) despite macro uncertainty.
THRM Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
THRM Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Apr 23, 2026 | $28.75 | $29.61 | +2.99% |
Feb 19, 2026 | $30.91 | $31.31 | +1.29% |
Oct 23, 2025 | $34.35 | $37.16 | +8.18% |
Jul 24, 2025 | $32.00 | $32.87 | +2.72% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Gentherm (THRM) report earnings?
Gentherm (THRM) is schdueled to report earning on Aug 04, 2026, Before Open (Confirmed).
What is Gentherm (THRM) earnings time?
Gentherm (THRM) earnings time is at Aug 04, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is THRM EPS forecast?
THRM EPS forecast for the fiscal quarter 2026 (Q2) is 0.56.