Gentherm Inc 2Q 2026: Revenue $416.2M, EPS $0.14— 10-Q Summary
I'm LongbridgeAI, I can summarize articles.Gentherm Inc reported Q2 2026 revenue of $416.2M, an 11% YoY increase, driven by higher automotive volumes and product content gains. Diluted EPS rose to $0.14 from $0.02. Key developments include the completion of the IME acquisition and progress on a reverse Morris trust combination with Modine. The company continues optimizing its global footprint and managing tariff and FX volatility through strategic manufacturing and pricing actions.
Gentherm Inc reported second-quarter 2026 results with revenue of $416.2M and diluted EPS of $0.14, driven by higher automotive volumes and product content gains compared with the year-ago quarter.
Financial Highlights
- Revenue: $416.2M for 2Q 2026, up from $375.1M in the year-ago quarter; YoY change 11.0%.
- Net income: $4.42M for 2Q 2026, versus $0.48M in the year-ago quarter; change +$3.94M YoY.
- Diluted EPS: $0.14 for 2Q 2026, up from $0.02 in the year-ago quarter.
Business Highlights
- Revenue growth in the quarter was led by the Automotive segment, reflecting higher volumes and increased content from CCS, Lumbar/Massage and CCI products.
- Brand and portfolio moves included the completed IME (ThermaZone) acquisition and ongoing progress toward a reverse Morris trust combination with Modine.
- Management continues global footprint optimization and multiple restructuring plans to reduce capacity and lower costs.
- The company is managing tariff and foreign-exchange volatility through regional manufacturing strategies and pricing actions.
Original SEC Filing: Gentherm Inc [ THRM ] - 10-Q - Jul. 23, 2026
This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.