Gentherm Inc
For the period ended Dec 31, 2025. Filed Feb 19, 2026.
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FY2025 · Filed Feb 19, 2026
Contents
Item 5. Market Information
Our Common Stock trades on the Nasdaq Global Select Market under the symbol “THRM.”
Holders
As of February 13, 2026, our Common Stock was held by 36 shareholders of record. A substantially greater number of holders are beneficial owners whose shares of record are held by banks, brokers and other nominees.
Dividends
We have not paid any Common Stock cash dividends since formation, and we do not expect to pay any in the foreseeable future. The payment of future dividends is within the discretion of our Board of Directors and will depend upon business conditions, our earnings and financial condition and other factors. Currently, payment of dividends on our Common Stock would require meeting certain restrictive covenants on our bank credit facilities.
In June 2024, the Board of Directors authorized a stock repurchase program (the “2024 Stock Repurchase Program”) to commence upon expiration of the Company’s prior stock repurchase program on June 30, 2024. Under the 2024 Stock Repurchase Program, the Company is authorized to repurchase up to $150.0 million of its issued and outstanding Common Stock over a three-year period, expiring June 30, 2027. The Company repurchased $10.0 million of Common Stock in the open market under the 2024 Stock Repurchase Program in 2025.
Repurchases under the 2024 Stock Repurchase Program may be made, from time to time, in amounts and at prices the Company deems appropriate, subject to market conditions, applicable legal requirements, debt covenants and other considerations. Any such repurchases may be executed using open market purchases, accelerated share repurchase programs, privately negotiated agreements or other transactions (including Rule 10b5-1 trading plans), and may be funded from cash on hand, available borrowings or proceeds from potential debt or other capital markets sources. The 2024 Stock Repurchase Program may be modified, extended or terminated at any time without prior notice.
Issuer Purchases of Equity Securities During Fourth Quarter 2025
| Period | Total Number of Shares Purchased | Average PricePaid Per Share | Total Number of Shares Repurchased as Part of Publicly Announced Plans or Programs | Approximate Dollar Value of Shares That May Yet Be Purchased Under the 2024 Stock Repurchase Program |
|---|---|---|---|---|
| October 1, 2025 to October 31, 2025 | — | $— | — | $110,102,528 |
| November 1, 2025 to November 30, 2025 | — | — | — | 110,102,528 |
| December 1, 2025 to December 31, 2025 | — | — | — | 110,102,528 |
Performance graph
The following graph reflects the comparative changes in the value from December 31, 2020 through December 31, 2025, assuming an initial investment of $100 and the reinvestment of dividends, if any, in (1) our Common Stock, (2) the NASDAQ Composite index, (3) the Russell 2000 Index and (4) the Dow Jones U.S. Auto Parts Index. Historical performance may not be indicative of future shareholder returns.
| As of December 31, | ||||||
|---|---|---|---|---|---|---|
| 2021 · 2022 · 2023 · 2024 · 2025 | ||||||
| Gentherm Incorporated | $100.00 | $133.24 | $100.11 | $80.28 | $61.22 | $55.77 |
| NASDAQ Composite | $100.00 | $122.18 | $82.43 | $119.22 | $154.48 | $187.14 |
| Russell 2000 | $100.00 | $114.82 | $91.35 | $106.82 | $119.14 | $134.40 |
| Dow Jones US Auto Parts | $100.00 | $120.99 | $89.00 | $88.96 | $68.86 | $79.56 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.