Gentherm Inc

For the period ended Jun 30, 2025. Filed Jul 24, 2025.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Jun 30, 2025 · Filed Jul 24, 2025

THRM$29.78-2.0%Stored close · as of Nov 10, 2026

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Contents

Consolidated Condensed Statements of Income

(In thousands, except per share data)

	Three Months Ended June 30,		Six Months Ended June 30,
	2025	2024	2025	2024
Product revenues	$375,090	$375,683	$728,944	$731,698
Cost of sales	285,328	278,982	552,717	546,244
Gross margin	89,762	96,701	176,227	185,454
Operating expenses:
Net research and development expenses	22,558	21,861	46,774	44,606
Selling, general and administrative expenses	41,087	39,410	79,565	80,131
Restructuring expenses, net	2,108	2,442	6,622	9,680
Loss on sale of land and building, net	—	—	2,196	—
Total operating expenses	65,753	63,713	135,157	134,417
Operating income	24,009	32,988	41,070	51,037
Interest expense, net	(4,043)	(4,002)	(7,598)	(7,246)
Foreign currency (loss) gain	(17,432)	(282)	(27,730)	2,267
Other (loss) income	—	(284)	(1,124)	689
Earnings before income tax	2,534	28,420	4,618	46,747
Income tax expense	2,057	9,544	4,269	13,086
Net income	$477	$18,876	$349	$33,661
Basic earnings per share	$0.02	$0.60	$0.01	$1.07
Diluted earnings per share	$0.02	$0.60	$0.01	$1.06
Weighted average number of shares – basic	30,600	31,534	30,687	31,539
Weighted average number of shares – diluted	30,652	31,710	30,781	31,714

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.