Gentherm Inc

For the period ended Sep 30, 2025. Filed Oct 23, 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.

Sep 30, 2025 · Filed Oct 23, 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 September 30,		Nine Months Ended September 30,
	2025	2024	2025	2024
Product revenues	$386,870	$371,512	$1,115,814	$1,103,210
Cost of sales	291,722	276,639	844,439	822,883
Gross margin	95,148	94,873	271,375	280,327
Operating expenses:
Net research and development expenses	24,429	23,013	71,203	67,619
Selling, general and administrative expenses	42,875	36,861	122,440	116,992
Restructuring expenses, net	3,986	2,662	10,608	12,342
Loss on sale of land and building, net	—	—	2,196	—
Total operating expenses	71,290	62,536	206,447	196,953
Operating income	23,858	32,337	64,928	83,374
Interest expense, net	(3,313)	(4,710)	(10,911)	(11,956)
Foreign currency gain (loss)	339	(8,480)	(27,391)	(6,213)
Other income (loss)	—	263	(1,124)	952
Earnings before income tax	20,884	19,410	25,502	66,157
Income tax expense	5,935	3,445	10,204	16,531
Net income	$14,949	$15,965	$15,298	$49,626
Basic earnings per share	$0.49	$0.51	$0.50	$1.58
Diluted earnings per share	$0.49	$0.51	$0.50	$1.57
Weighted average number of shares – basic	30,480	31,187	30,619	31,421
Weighted average number of shares – diluted	30,748	31,365	30,802	31,605

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.