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Posted by Defense World Staff on Jul 24th, 2026

Gentherm (NASDAQ:THRM – Get Free Report) announced that its Board of Directors has approved a share buyback program on Thursday, July 23rd, RTT News reports. The company plans to repurchase $400.00 million in outstanding shares. This repurchase authorization allows the auto parts company to reacquire up to 36.2% of its shares through open market purchases. Shares repurchase programs are usually an indication that the company’s leadership believes its stock is undervalued.

Analyst Ratings Changes Several analysts recently weighed in on the company. Robert W. Baird lifted their price target on Gentherm from $33.00 to $34.00 and gave the stock a “neutral” rating in a report on Friday, April 24th. Wall Street Zen raised Gentherm from a “buy” rating to a “strong-buy” rating in a research note on Saturday, April 25th. Stifel Nicolaus raised their price target on shares of Gentherm from $38.00 to $44.00 and gave the company a “buy” rating in a research note on Monday. JPMorgan Chase & Co. lifted their price target on shares of Gentherm from $37.00 to $38.00 and gave the company a “neutral” rating in a report on Thursday, May 14th. Finally, Weiss Ratings upgraded shares of Gentherm from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Friday, May 8th. Two equities research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $38.60.

Read Our Latest Research Report on Gentherm

Gentherm Stock Performance Shares of Gentherm stock opened at $45.61 on Friday. The company has a debt-to-equity ratio of 0.31, a current ratio of 1.97 and a quick ratio of 1.36. Gentherm has a one year low of $27.00 and a one year high of $45.96. The business has a 50-day simple moving average of $35.19 and a 200 day simple moving average of $32.88. The firm has a market capitalization of $1.40 billion, a price-to-earnings ratio of 60.81 and a beta of 1.38.

Gentherm (NASDAQ:THRM – Get Free Report) last posted its earnings results on Thursday, July 23rd. The auto parts company reported $0.75 earnings per share for the quarter, topping analysts’ consensus estimates of $0.56 by $0.19. The company had revenue of $404.94 million for the quarter, compared to analyst estimates of $382.90 million. Gentherm had a net margin of 1.47% and a return on equity of 11.25%. The firm’s revenue was up 11.0% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.54 EPS. On average, research analysts anticipate that Gentherm will post 2.75 earnings per share for the current fiscal year.

Gentherm News Roundup Here are the key news stories impacting Gentherm this week:

Positive Sentiment: Gentherm beat Q2 earnings and revenue expectations, reporting $0.75 per share versus the $0.56 consensus and revenue of $404.94 million versus $382.90 million expected. The company also said revenue rose 11% year over year. Gentherm (THRM) Beats Q2 Earnings and Revenue Estimates Positive Sentiment: Management raised full-year 2026 guidance and highlighted record quarterly revenue of $416 million, signaling momentum heading into the second half of the year. Gentherm Reports 2026 Second Quarter Results and Announces a New Increased Stock Repurchase Authorization Positive Sentiment: The board approved a new stock repurchase authorization of up to $400 million, which can support earnings per share and signals confidence in the company’s cash generation. Gentherm Reports 2026 Second Quarter Results and Announces a New Increased Stock Repurchase Authorization Positive Sentiment: Gentherm also announced the acquisition of Innovative Medical Equipment, expanding its medical product portfolio and customer channels, which could add to longer-term growth. Gentherm Acquires Innovative Medical Equipment, LLC, Strengthening Medical Product Portfolio and Customer Channels About Gentherm Get Free Report)

Gentherm Incorporated (NASDAQ: THRM) is a global developer and supplier of advanced thermal management technologies for automotive, specialty vehicle, medical, consumer and industrial markets. The company’s core focus lies in delivering integrated heating and cooling systems designed to enhance energy efficiency, comfort and safety across a wide range of applications. Gentherm’s product portfolio includes seat thermal systems, heated and ventilated seating surfaces, steering wheel heaters, battery thermal management solutions, and climate systems for electric vehicles.

In the automotive sector, Gentherm partners with leading original equipment manufacturers to engineer and manufacture high-performance thermal solutions that meet stringent industry demands for reduced weight, lower energy consumption and improved passenger comfort.

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Gentherm Incorporated (THRM) Q2 2026 Earnings Call Transcript

Revenue Growth of 9.5% (ex-FX) Year-over-Year Delivered Record Quarterly Revenue of $416 Million

2026 Full Year Guidance Raised

Board Authorized New Stock Repurchase Program of up to $400 Million

Strategic Medical Acquisition Broadens Product Portfolio and Expands Channel Access

NOVI, Mich., July 23, 2026 (GLOBE NEWSWIRE) -- Gentherm (NASDAQ:THRM), a global market leader of innovative thermal management and pneumatic comfort technologies, today announced its financial results for the second quarter ended June 30, 2026.

“The Gentherm team demonstrated strong commercial performance with record quarterly revenue, while also scaling our core technologies into new markets. Our growth initiatives in both home and office, and medical markets continued to accelerate.” said Bill Presley, the Company's President and CEO. “In addition, I was pleased with our execution during the quarter. The operating systems and key performance indicators we have put in place to drive more rigor and standardization throughout the business are yielding positive results.”

Second Quarter Highlights

Secured Automotive New Business Awards totaling $690 million in the quarter.Selected by two leading North American based furniture brands to supply climate and comfort solutions; fourth consecutive quarter securing new home and office customers.Product revenues of $416.2 million increased 11.0% from $375.1 million in the prior year. Excluding the impact of foreign currency translation, product revenues increased 9.5%, with Automotive increasing 9.8% and Medical decreasing 0.2%.Automotive Climate and Comfort Solutions revenue increased 14.1% year over year, or 12.7% excluding the impact of foreign currency translation, outperforming S&P Global’s mid-July light vehicle production report in our relevant markets by 14 percentage points.Gross margin was 23.2%, compared to 23.9% in the prior year. The decrease was primarily driven by higher material costs, including higher warranty accruals in Automotive and Medical, partially offset by strong operating leverage.Net income was $4.4 million, compared to $0.5 million in the prior year.Adjusted EBITDA was $48.8 million, or 11.7% of revenue, compared to $45.9 million, or 12.2% of revenue, in the prior year.GAAP diluted earnings per share was $0.14, compared to $0.02 in the prior year.Adjusted diluted earnings per share was $0.75, compared to $0.54 in the prior year.Cash flow from operations was $2.3 million, compared to $31.7 million in the prior year. The decrease was primarily driven by restructuring and merger and acquisition expenses.Second quarter ended with net leverage of ~0.3x and liquidity of $502.3 million. The Company provides various non-GAAP financial measures in this release. See “Use of Non-GAAP Measures” below for additional information, including definitions, usefulness for investors and limitations, as well as reconciliations below to the most directly comparable GAAP financial measures.

Guidance

The Company raised its guidance for full year 2026 which is provided below1:

 As of April 2026As of July 2026Product Revenues$1.5B – $1.6B$1.55B – $1.65BAdjusted EBITDA$175M – $195M$185M – $200MAdjusted Free Cash Flow$80M – $100M$85M – $100M 12026 guidance based on tariffs currently in effect as of today, our current forecast of customer orders and expectations of near-term conditions, light vehicle production in our relevant markets decreasing at a low single digit rate for full year 2026 versus 2025, and a EUR to USD exchange rate of $1.16/Euro. Assumes an effective tax rate of ~30%. Does not reflect any impact from the planned combination with Modine Performance Technologies.

Presley concluded, “Our strong first half performance puts us on track to deliver a solid year and gives us confidence in raising our 2026 guidance. We continue to transform the Company for profitable growth, margin expansion, and driving shareholder returns.”

M&A Updates

Completed key sign-to-close deliverables related to planned combination with Modine Performance Technologies. The transaction remains on track to close by early fourth quarter 2026.Acquired Innovative Medical Equipment, LLC, provider of the ThermaZone® thermal therapy device, expanding thermal management product portfolio and providing strong cross-selling opportunities by leveraging complementary customer bases across additional healthcare channels. New Stock Repurchase Authorization

The Board of Directors authorized a new stock repurchase program of up to $400 million of the Company’s issued and outstanding common stock.The new program will replace the Company's existing stock repurchase program effective July 27, 2026, and will remain in effect for a three-year period.As of June 30, 2026, the prior program had approximately $110 million of stock repurchase authorization remaining. “During the quarter, we secured financing that provides additional flexibility to support the long-term capital needs of the business. With a strong balance sheet and access to capital, we are well positioned to execute our strategic priorities while maintaining a disciplined approach to capital allocation.” said Jon Douyard, the Company’s Chief Financial Officer. “The Board's authorization of a new stock repurchase program underscores our confidence in the business's long-term cash flow generation and our commitment to creating value for shareholders.”

Conference Call

As previously announced, Gentherm will conduct a conference call today at 8:00 am Eastern Time to review these results. The dial-in number for the call is 1-877-407-4018 (callers in the U.S.) or +1-201-689-8471 (callers outside the U.S.). The passcode for the live call is 13761564.

A live webcast and one-year archived replay of the call, as well as a copy of the supplemental materials that will be used during the conference call, can be accessed on the Events page of the Investor section of Gentherm's website at www.gentherm.com.

A telephonic replay will be available approximately two hours after the call until 11:59 pm Eastern Time on August 6, 2026. The replay can be accessed by dialing 1-844-512-2921 (callers in the U.S.), or +1-412-317-6671 (callers outside the U.S.). The passcode for the replay is 13761564.

Investor Contact 
Gregory Blanchette
[email protected]  
248.308.1702 

Media Contact 
Haley Baur 
[email protected]  
248.289.9711

About Gentherm
Gentherm (NASDAQ: THRM) is a global market leader of innovative thermal management and pneumatic comfort technologies. Automotive products include Climate Control Seats (CCS®), Climate Control Interiors (CCI™), Lumbar and Massage Comfort Solutions, and Valve Systems. Medical products include patient temperature management systems. The Company is also developing a number of new technologies and products that will help enable improvements to existing products and to create new product applications for existing and new markets. Gentherm has more than 14,000 employees in facilities across 13 countries. In 2025, the company recorded annual sales of approximately $1.5 billion and secured $2.2 billion in automotive new business awards. For more information, go to www.gentherm.com. 

NO OFFER OR SOLICITATION
This release is not intended to and does not constitute an offer to sell or the solicitation of an offer to buy or exchange any securities or a solicitation of any vote or approval in any jurisdiction, nor shall there be any sale, issuance or transfer of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. It does not constitute a prospectus or prospectus equivalent document. No offering or sale of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act, and otherwise in accordance with applicable law.

Additional Information and Where to Find It
In connection with the proposed transaction (the “Proposed Transaction”) among Gentherm, Modine Manufacturing Company (“Modine”) and Modine’s Performance Technologies business (“SpinCo”), the parties have filed relevant materials with the SEC, including, among other filings, a registration statement on Form S-4 filed by Gentherm on July 2, 2026 (the “Form S-4”) that includes a preliminary proxy statement/prospectus of Gentherm, and a registration statement on Form 10 filed by SpinCo that incorporates by reference certain portions of the Form S-4 and serves as an information statement/prospectus in connection with the spin-off of SpinCo from Modine. Neither the Form S-4 nor the Form 10 have yet become effective. After the Form S-4 is declared effective by the SEC, a definitive proxy statement/prospectus will be mailed to shareholders of Gentherm. INVESTORS AND SECURITY HOLDERS OF GENTHERM AND MODINE ARE URGED TO READ THE PROXY STATEMENT/PROSPECTUS, THE INFORMATION STATEMENT/PROSPECTUS AND ANY OTHER DOCUMENTS THAT ARE FILED WITH THE SEC, AS WELL AS ANY AMENDMENTS OR SUPPLEMENTS TO THESE DOCUMENTS, CAREFULLY AND IN THEIR ENTIRETY WHEN THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT GENTHERM, MODINE, SPINCO, THE PROPOSED TRANSACTION AND RELATED MATTERS. Investors and security holders are able to obtain free copies of the Form S-4 and the proxy statement/prospectus (when available) and other documents filed with the SEC by Gentherm, Modine or SpinCo through the website maintained by the SEC at www.sec.gov. Copies of the documents filed with the SEC by Gentherm are available free of charge on Gentherm’s website at ir.Gentherm.com under the tab “Financial Info” and under the heading “SEC Filings.” Copies of the documents filed with the SEC by Modine and SpinCo are available free of charge on Modine’s website at investors.Modine.com under the tab “Financials” and under the heading “SEC Filings.”

Participants in the Solicitation
Gentherm and Modine and their respective directors and executive officers and other members of management and employees may be considered participants in the solicitation of proxies from Gentherm’s shareholders in connection with the Proposed Transaction under the rules of the SEC. Information about the directors and executive officers of Gentherm is set forth in its Annual Report on Form 10-K for the year ended December 31, 2025, which was filed with the SEC on February 19, 2026, and its proxy statement for its 2026 annual meeting of shareholders, which was filed with the SEC on April 1, 2026 and supplemented on April 10, 2026. To the extent holdings of Gentherm’s securities by its directors or executive officers have changed since the amounts set forth in such filings, such changes have been or will be reflected on Initial Statements of Beneficial Ownership on Form 3 or Statements of Beneficial Ownership on Form 4 filed with the SEC. Information about the directors and executive officers of Gentherm and other information regarding the potential participants in the proxy solicitations and a description of their direct and indirect interests, by security holdings or otherwise, are contained in the proxy statement/prospectus and other relevant materials filed with the SEC regarding the Proposed Transaction. Information about the directors and executive officers of Modine is set forth in its Annual Report on Form 10-K for the year ended March 31, 2026, which was filed with the SEC on May 27, 2026, and its proxy statement for its 2026 annual meeting of shareholders, which was filed with the SEC on July 10, 2026. To the extent holdings of Modine’s securities by its directors or executive officers have changed since the amounts set forth in such filings, such changes have been or will be reflected on Initial Statements of Beneficial Ownership on Form 3 or Statements of Beneficial Ownership on Form 4 filed with the SEC. You may obtain these documents (when they become available) free of charge through the website maintained by the SEC at www.sec.gov and from Gentherm’s website and Modine’s website as described above.

Forward-Looking Statements 
Except for historical information contained herein, statements in this release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements represent Gentherm Incorporated's goals, beliefs, plans and expectations about its prospects for the future and other future events. The forward-looking statements included in this release are made as of the date hereof or as of the date specified herein and are based on management's reasonable expectations and beliefs. In making these statements we rely on assumptions and analysis based on our experience and perception of historical trends, current conditions and expected future developments, third party information and projections from sources that management believes to be reputable, as well as other factors we consider appropriate under the circumstances. Such statements are subject to a number of important assumptions, significant risks and uncertainties (some of which are beyond our control) and other factors that may cause actual results or performance to differ materially from that described in or indicated by the forward-looking statements, including but not limited to:

macroeconomic, geopolitical and similar global factors in the cyclical Automotive industry;the impact of, and our ability to mitigate the effects of, global economic and trade policies, including increases in duties, tariffs and taxation on the import or export of our products related to U.S. trade disputes;increasing U.S. and global competition, including with non-traditional entrants;our ability to effectively manage new product launches and research and development, and the market acceptance of such products and technologies;the evolution and challenges of the automotive industry towards electric vehicles, autonomous vehicles and mobility on demand services, and related consumer behaviors and preferences;our ability to convert automotive new business awards into product revenues;the constraints in the supply chain environment, and inflationary and other cost pressures;the production levels of our major customers and OEMs in our relevant markets and sudden fluctuations in such production levels;our business in China, which is subject to unique operational, competitive, geopolitical, regulatory and economic risks;the impact of our global operations, including our cost structure and global manufacturing footprint, operations within Ukraine, and foreign currency and exchange risk;our product quality and safety and impact of product safety recalls and alleged defects in products;our ability to attract and retain highly skilled employees and wage inflation;a tightening labor market, labor shortages or work stoppages impacting us, our customers or our suppliers, such as recent labor strikes among certain OEMs and suppliers;our achievement of product cost reductions to offset customer-imposed price reductions or other pricing pressures;our ability to execute efforts to optimize our global supply chain and manufacturing footprint, including opening new facilities and transferring production;our ability to source, consummate, integrate and achieve planned benefits of strategic acquisitions, investments and, as applicable, exits;any security breaches and other disruptions to our information technology networks and systems, as well as privacy, data security and data protection risks, including risks associated with use of artificial intelligence capabilities in our business operations;any loss or insolvency of our key customers and OEMs, or key suppliers;our ability to project future sales volume based on third-party information, based on which we manage our business;the protection of our intellectual property in certain jurisdictions;our compliance with global anti-corruption laws and regulations;legal and regulatory proceedings and claims involving us or one of our major customers;the extensive regulation of our patient temperature management business;risks associated with our manufacturing processes;the effects of climate change and regulatory and stakeholder-imposed requirements to address climate change and other sustainability issues;our product quality and safety;our borrowing availability under our revolving credit facility, as well as the ability to access the capital markets, to support our planned growth; andour indebtedness and compliance with our debt covenants. Furthermore, important factors related to the Proposed Transaction could cause actual results to differ materially from those currently anticipated, including:

that one or more closing conditions to the Proposed Transaction, including certain regulatory approvals, may not be satisfied or waived, on a timely basis or otherwise, including that a governmental entity may prohibit, delay or refuse to grant approval for the consummation of the Proposed Transaction, may require conditions, limitations or restrictions in connection with such approvals or that the required approval by the shareholders of Gentherm may not be obtained;the risk that the Proposed Transaction may not be completed on the terms or in the time frame expected by Gentherm, Modine and SpinCo, or at all;unexpected costs, charges or expenses resulting from the Proposed Transaction;uncertainty of the expected financial performance of the combined company following completion of the Proposed Transaction;failure to realize the anticipated benefits of the Proposed Transaction, including as a result of delay in completing the Proposed Transaction or integrating the businesses of Gentherm and SpinCo, on the expected timeframe or at all;the ability of the combined company to implement its business strategy;difficulties and delays in the combined company achieving revenue and cost synergies;inability of the combined company to retain and hire key personnel;the occurrence of any event that could give rise to termination of the Proposed Transaction;the risk that shareholder litigation in connection with the Proposed Transaction or other litigation, settlements or investigations may affect the timing or occurrence of the Proposed Transaction or result in significant costs of defense, indemnification and liability;evolving legal, regulatory and tax regimes;changes in general economic and/or industry specific conditions or any volatility resulting from the imposition of and changing policies, including those policies with respect to tariffs;actions by third parties, including government agencies;the risk that the anticipated tax treatment of the Proposed Transaction is not obtained;the risk of greater than expected difficulty in separating the business of SpinCo from the other businesses of Modine; andrisks related to the disruption of management time from ongoing business operations due to the pendency of the Proposed Transaction, or other effects of the pendency of the Proposed Transaction on the relationship of any of the parties to the Proposed Transaction with their employees, customers, suppliers, or other counterparties. The foregoing risks should be read in conjunction with the Company's reports filed with or furnished to the Securities and Exchange Commission (the “SEC”), including “Risk Factors,” in its most recent Annual Report on Form 10-K and subsequent SEC filings, for a discussion of these and other risks and uncertainties. In addition, with reasonable frequency, we have entered into business combinations, acquisitions, divestitures, strategic investments and other significant transactions. Such forward-looking statements do not include the potential impact of any such transactions that may be completed after the date hereof (except the Proposed Transaction to the extent specified), each of which may present material risks to the Company’s future business and financial results. Moreover, we operate in a very competitive and rapidly changing environment and new risks emerge from time to time.

Except as required by law, the Company expressly disclaims any obligation or undertaking to update any forward-looking statements to reflect any change in its strategies or expectations with regard thereto or any change in events, conditions or circumstances on which any such statement is based. 

Use of Non-GAAP Financial Measures
In addition to the results reported in accordance with GAAP throughout this release, the Company has provided here or elsewhere information regarding: adjusted earnings before interest, taxes, depreciation and amortization (“Adjusted EBITDA”); Adjusted EBITDA margin; Adjusted net income; Adjusted earnings per share (“Adjusted earnings per share” or “Adjusted EPS”); Quarter-to-date Operating Cash Flow; Free Cash Flow; Adjusted Free Cash Flow; Adjusted Free Cash Flow Conversion rate; net capital expenditures (“net CAPEX”); Net Debt; Liquidity; Net Leverage Ratio (“Net Leverage”); revenue, segment revenue and product revenue excluding foreign currency translation and other specified gains and losses; Adjusted operating expenses; Pro Forma Revenue; Pro Forma Adjusted EBITDA; and Pro Forma Adjusted EBITDA Margin, each a non-GAAP financial measure. The Company defines Adjusted EBITDA as earnings before interest, taxes, depreciation and amortization, deferred financing cost amortization, non-cash stock based compensation expenses, restructuring expenses, net, unrealized currency gain or loss and other gains and losses not reflective of the Company’s ongoing operations and related tax effects. The Company defines Adjusted EBITDA margin as Adjusted EBITDA divided by product revenues. The Company defines Adjusted net income as earnings adjusted by restructuring expenses, net, unrealized currency gain or loss and other gains and losses not reflective of the Company’s ongoing operations and related tax effects. The Company defines Adjusted EPS as Adjusted net income divided by the Company’s weighted average shares outstanding. The Company defines Quarter-to-date Operating Cash Flow as Net cash provided by/(used in) operating activities for the current period, less that of the immediately preceding period. The Company defines Free Cash Flow as Net cash provided by/(used in) operating activities plus Proceeds from the sale of property and equipment less Purchases of property and equipment. The Company defines net CAPEX as Purchases of property and equipment less Proceeds from the sale of property and equipment. The Company defines Adjusted Free Cash Flow as Net cash provided by/(used in) operating activities, excluding cash restructuring expenses, net and other gains and losses not reflective of the Company’s ongoing operations, less net CAPEX. The Company defines Adjusted Free Cash Flow Conversion rate as Adjusted Free Cash Flow divided by Adjusted EBITDA. The Company defines Net Debt as the principal amount of all Consolidated Funded Indebtedness (as defined in the Credit Agreement) less cash and cash equivalents. The Company defines Liquidity as the sum of cash and cash equivalents and availability under the Company’s revolving line of credit. The Company defines Net Leverage as Net Debt divided by Adjusted EBITDA for the trailing four fiscal quarters. The Company defines revenue, segment revenue or product revenue excluding foreign currency translation and other specified gains and losses as such revenue, excluding the estimated effects of foreign currency exchange on revenue by translating actual revenue using the prior period foreign currency exchange rates and excluding the other items specified. The Company defines Adjusted operating expenses as operating expenses excluding related non-cash stock based compensation, restructuring expenses, net, and other gains and losses not reflective of the Company’s ongoing operations. The Company defines Pro Forma Revenue as Gentherm’s product revenues for the trailing four fiscal quarters (from the date specified), plus Modine Performance Technologies’ Net sales for the trailing four fiscal quarters (from the date specified), as reported by Modine Manufacturing Company, adjusted to reflect the latest business structure. The Company defines Pro Forma Adjusted EBITDA as Gentherm’s Adjusted EBITDA for the trailing four fiscal quarters (from the date specified), plus Modine Performance Technologies’ Adjusted EBITDA for the trailing four fiscal quarters (from the date specified), as reported by Modine Manufacturing Company, adjusted to reflect the latest business structure and go-forward operational alignment. The Company defines Pro Forma Adjusted EBITDA Margin as Pro Forma Adjusted EBITDA divided by Pro Forma Revenue.

The Company’s reconciliations are included in this release or can be found in the supplemental materials for this reporting period on the Company’s website.

In evaluating its business, the Company considers and uses Quarter-to-date Operating Cash Flow, Free Cash Flow, Adjusted Free Cash Flow, Adjusted Free Cash Flow Conversion rate, Net Debt, Net Leverage and Liquidity as supplemental measures of its liquidity and the other non-GAAP financial measures as supplemental measures of its operating performance. Management provides such non-GAAP financial measures so that investors will have the same financial information that management uses with the belief that it will assist investors in properly assessing the Company's performance on a period-over-period basis by excluding matters not indicative of the Company’s ongoing operating or liquidity results and therefore enhance the comparability of the Company's results and provide additional information for analyzing trends in the business. In evaluating our non-GAAP financial measures, you should be aware that in the future we may incur revenues, expenses, and cash and non-cash obligations that are the same as or similar to some of the adjustments in our presentation of non-GAAP financial measures. Our presentation of non-GAAP financial measures should not be construed as an inference that our future results will be unaffected by unusual or non-recurring items. There also can be no assurance that we will not modify the presentation of our non-GAAP financial measures in the future, and any such modification may be material. Other companies in our industry may define and calculate these non-GAAP financial measures differently than we do and those calculations may not be comparable to our metrics. These non-GAAP measures have limitations as analytical tools, and when assessing the Company's operating performance or liquidity, investors should not consider these non-GAAP measures in isolation, or as a substitute for net income/(loss), revenue or other consolidated income/(loss) statement or cash flow statement data prepared in accordance with GAAP.

Non-GAAP measures referenced in this release and other public communications may include estimates of future Adjusted EBITDA, Adjusted EBITDA margin, Adjusted Free Cash Flow, Adjusted Free Cash Flow Conversion rate, Adjusted EPS, Pro Forma Revenue, Pro Forma Adjusted EBITDA and Pro Forma Adjusted EBITDA Margin. The Company has not reconciled the non-GAAP forward-looking guidance included in this release to the most directly comparable GAAP measures because this cannot be done without unreasonable effort due to the variability and low visibility with respect to taxes and non-recurring items, which are potential adjustments to future earnings. We expect the variability of these items to have a potentially unpredictable, and a potentially significant, impact on our future GAAP financial results.

  GENTHERM INCORPORATEDCONSOLIDATED CONDENSED STATEMENTS OF INCOME
(Dollars in thousands, except per share data)
(Unaudited)

          Three Months Ended June 30,  Six Months Ended June 30,   2026  2025  2026  2025 Product revenues $416,166  $375,090  $809,872  $728,944 Cost of sales  319,739   285,328   616,218   552,717 Gross margin  96,427   89,762   193,654   176,227 Operating expenses:            Net research and development expenses  24,069   22,558   48,015   46,774 Selling, general and administrative expenses  55,705   41,087   111,010   79,565 Restructuring expenses, net  5,964   2,108   12,655   6,622 Loss on sale of land and building, net  —   —   —   2,196 Total operating expenses  85,738   65,753   171,680   135,157 Operating income  10,689   24,009   21,974   41,070 Interest expense, net  (3,290)  (4,043)  (5,923)  (7,598)Foreign currency loss  (237)  (17,432)  (1,297)  (27,730)Other income (loss)  162   —   184   (1,124)Earnings before income tax  7,324   2,534   14,938   4,618 Income tax expense  2,904   2,057   6,300   4,269 Net income $4,420  $477  $8,638  $349 Basic earnings per share $0.14  $0.02  $0.28  $0.01 Diluted earnings per share $0.14  $0.02  $0.28  $0.01 Weighted average number of shares – basic  30,650   30,600   30,584   30,687 Weighted average number of shares – diluted  31,054   30,652   30,947   30,781    GENTHERM INCORPORATEDREVENUE BY PRODUCT CATEGORY AND RECONCILIATION OF FOREIGN CURRENCY TRANSLATION IMPACT
(Dollars in thousands)
(Unaudited)

          Three Months Ended June 30,  Six Months Ended June 30,   2026  2025  % Change  2026  2025  % Change Climate Control Seats $217,465  $200,020   8.7 % $424,053  $391,173   8.4 %Lumbar and Massage Comfort Solutions  72,588   52,530   38.2 %  134,849   97,843   37.8 %Climate Control Interiors  52,538   49,585   6.0 %  103,302   94,926   8.8 %Climate and Comfort Electronics  8,746   5,906   48.1 %  17,906   13,621   31.5 %Automotive Climate and Comfort Solutions  351,337   308,041   14.1 %  680,110   597,563   13.8 %Valve Systems  25,102   25,143   (0.2)%  51,675   48,316   7.0 %Other Automotive  28,376   30,668   (7.5)%  55,196   59,847   (7.8)%Subtotal Automotive segment  404,815   363,852   11.3 %  786,981   705,726   11.5 %Medical segment  11,351   11,238   1.0 %  22,891   23,218   (1.4)%Total Company $416,166  $375,090   11.0 % $809,872  $728,944   11.1 %                   Foreign currency
translation impact (a)  5,298   —      19,592   —    Total Company, excluding foreign currency translation impact $410,868  $375,090   9.5 % $790,280  $728,944   8.4 %                   (a) Foreign currency translation impacts for the Automotive segment and Medical segment were $5,161 and $137 respectively, for the three months ended June 30, 2026. Foreign currency translation impacts for Automotive Climate and Comfort Solutions were $4,298 for the three months ended June 30, 2026. Foreign currency translation impacts for the Automotive segment and Medical segment were $19,140 and $452 respectively, for the six months ended June 30, 2026. Foreign currency translation impacts for Automotive Climate and Comfort Solutions were $15,218 for the six months ended June 30, 2026.    GENTHERM INCORPORATEDRECONCILIATION OF NET INCOME TO ADJUSTED EBITDA
AND ADJUSTED EBITDA MARGIN
(Dollars in thousands)
(Unaudited)

          Three Months Ended June 30,  Six Months Ended June 30,   2026  2025  2026  2025 Net income $4,420  $477  $8,638  $349 Add back:            Depreciation and amortization  14,310   13,058   28,383   25,846 Income tax expense  2,904   2,057   6,300   4,269 Interest expense, net  3,290   4,043   5,923   7,598 Adjustments:            Non-cash stock based compensation  4,735   3,992   7,446   6,589 Restructuring expenses, net  5,964   2,108   12,655   6,622 Unrealized currency (gain) loss  (644)  18,877   174   28,484 Merger and acquisition expenses  12,862   —   27,659   — Leadership transition expenses  1,107   1,260   1,410   2,158 Loss on sale of land and building, net  —   —   —   2,196 Other (a)  (163)  25   (458)  1,127 Adjusted EBITDA $48,785  $45,897  $98,130  $85,238              Product revenues $416,166  $375,090  $809,872  $728,944 Net income margin  1.1%  0.1%  1.1%  0.0%Adjusted EBITDA margin  11.7%  12.2%  12.1%  11.7%             (a) Includes a $1,294 decrease in fair value of an equity investment for the six months ended June 30, 2025.    GENTHERM INCORPORATEDRECONCILIATION OF NET INCOME TO ADJUSTED NET INCOME
AND ADJUSTED EARNINGS PER SHARE
(Dollars in thousands, except per share data)
(Unaudited)

          Three Months Ended June 30,  Six Months Ended June 30,   2026  2025  2026  2025 Net income $4,420  $477  $8,638  $349 Amortization of acquisition related intangibles  1,686   1,638   3,375   3,197 Restructuring expenses, net  5,964   2,108   12,655   6,622 Unrealized currency (gain) loss  (644)  18,877   174   28,484 Merger and acquisition expenses  12,862   —   27,659   — Leadership transition expenses  1,107   1,260   1,410   2,158 Loss on sale of land and building, net  —   —   —   2,196 Other  (163)  25   (458)  1,127 Tax effect of above  (2,058)  (7,709)  (4,461)  (11,840)Adjusted net income $23,174  $16,676  $48,992  $32,293              Weighted average shares outstanding:            Basic  30,650   30,600   30,584   30,687 Diluted  31,054   30,652   30,947   30,781              Earnings per share, as reported:            Basic $0.14  $0.02  $0.28  $0.01 Diluted $0.14  $0.02  $0.28  $0.01              Adjusted earnings per share:            Basic $0.76  $0.54  $1.60  $1.05 Diluted $0.75  $0.54  $1.58  $1.05               GENTHERM INCORPORATEDCONSOLIDATED CONDENSED BALANCE SHEETS
(Dollars in thousands, except share data)
(Unaudited)

     June 30, 2026  December 31, 2025 ASSETS      Current Assets:      Cash and cash equivalents $213,173  $160,833 Accounts receivable, net  338,851   281,083 Inventory:      Raw materials  116,549   128,314 Work in process  37,913   35,429 Finished goods  90,076   88,959 Inventory, net  244,538   252,702 Other current assets  83,451   82,332 Total current assets  880,013   776,950 Property and equipment, net  268,780   270,614 Goodwill  107,111   108,918 Other intangible assets, net  49,703   52,796 Operating lease right-of-use assets  50,794   56,524 Deferred income tax assets  92,957   93,552 Other non-current assets  43,846   37,075 Total assets $1,493,204  $1,396,429 LIABILITIES AND SHAREHOLDERS’ EQUITY      Current Liabilities:      Accounts payable $270,382  $260,487 Current lease liabilities  8,199   9,646 Current maturities of long-term debt  868   73 Other current liabilities  146,832   134,104 Total current liabilities  426,281   404,310 Long-term debt, less current maturities  272,390   189,000 Non-current lease liabilities  43,623   48,105 Pension benefit obligation  3,313   3,748 Other non-current liabilities  24,479   30,943 Total liabilities $770,086  $676,106 Shareholders’ Equity:      Common Stock:      No par value; 55,000,000 shares authorized 30,705,208 and 30,526,231 issued and outstanding at June 30, 2026 and December 31, 2025, respectively  10,709   5,611 Paid-in capital  1,590   1,590 Accumulated other comprehensive loss  (11,905)  (964)Accumulated earnings  722,724   714,086 Total shareholders’ equity  723,118   720,323 Total liabilities and shareholders’ equity $1,493,204  $1,396,429      GENTHERM INCORPORATED CONSOLIDATED CONDENSED STATEMENTS OF CASH FLOWS
(Dollars in thousands)
(Unaudited)

       Six Months Ended June 30,   2026  2025 Operating Activities:      Net income $8,638  $349 Adjustments to reconcile net income to net cash provided by operating activities:      Depreciation and amortization  28,744   26,089 Deferred income taxes  (8,676)  (12,202)Stock based compensation  7,446   6,604 Loss on disposition of property and equipment  246   2,444 Provisions for inventory  2,425   3,213 Other non-cash items, including unrealized foreign currency (gain) loss  1,456   31,364 Changes in assets and liabilities:      Accounts receivable, net  (58,121)  (23,690)Inventory  (4,379)  (13,430)Other assets  (3,816)  (23,102)Accounts payable  16,224   20,522 Other liabilities  12,085   13,540 Net cash provided by operating activities  2,272   31,701 Investing Activities:      Purchases of property and equipment  (14,203)  (23,728)Proceeds from the sale of property and equipment  70   3,745 Proceeds from deferred purchase price of factored receivables  —   744 Cost of technology investments  (250)  (590)Net cash used in investing activities  (14,383)  (19,829)Financing Activities:      Borrowings on debt  142,000   52,000 Repayments of debt  (71,072)  (63,076)Cash paid for financing new loans  (2,761)  — Taxes withheld and paid on employees' stock based compensation  (2,302)  (1,238)Cash paid for the repurchase of Common Stock  —   (10,015)Net cash provided by (used in) financing activities  65,865   (22,329)Foreign currency effect  (1,414)  4,620 Net increase (decrease) in cash and cash equivalents  52,340   (5,837)Cash and cash equivalents at beginning of period  160,833   134,134 Cash and cash equivalents at end of period $213,173  $128,297    GENTHERM INCORPORATEDOTHER NON-GAAP RECONCILIATIONS
(Dollars in thousands)
(Unaudited)

          Three Months Ended June 30,  Six Months Ended June 30,   2026  2025  2026  2025 Total operating expenses $85,738  $65,753  $171,680  $135,157 Restructuring expense, net  (5,964)  (2,108)  (12,655)  (6,622)Non-cash stock based compensation  (4,536)  (3,883)  (6,954)  (6,232)Merger and acquisition expenses  (12,862)  —   (27,659)  — Leadership transition expenses  (1,107)  (1,260)  (1,410)  (2,158)Loss on sale of land and building, net  —   —   —   (2,196)Adjusted operating expenses $61,269  $58,502  $123,002  $117,949    June 30, 2026  June 30, 2025 Cash and cash equivalents $213,173  $128,297 Revolving line of credit availability  289,137   287,970 Total liquidity $502,310  $416,267    June 30, 2026  June 30, 2025 Current maturities of long-term debt $868  $146 Long-term debt, less current maturities  272,390   209,000 Total Debt  273,258   209,146 Cash and cash equivalents  213,173   128,297 Net Debt $60,085  $80,849        Adjusted EBITDA for the trailing four fiscal quarters $187,712  $174,714 Net Leverage  0.3   0.5    Three Months Ended June 30,  Six Months Ended June 30,   2026  2025  2026  2025 Net cash provided by operating activities $7,315  $45,045  $2,272  $31,701 Purchases of property and equipment  (8,552)  (8,857)  (14,203)  (23,728)Proceeds from the sale of property and equipment  69   2   70   3,745 Free Cash Flow  (1,168)  36,190   (11,861)  11,718 Cash effect of adjustments:            Restructuring expenses, net  4,464   1,933   6,618   4,340 Merger and acquisition expenses  15,153   —   21,052   — Leadership transition expenses  26   206   26   6,061 Other  —   (2,143)  —   (1,399)Adjusted Free Cash Flow $18,475  $36,186  $15,835  $20,720 

Posted by Defense World Staff on Jul 22nd, 2026

Bessemer Group Inc. boosted its holdings in shares of Gentherm Inc (NASDAQ:THRM – Free Report) by 50.5% in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 129,695 shares of the auto parts company’s stock after buying an additional 43,500 shares during the quarter. Bessemer Group Inc. owned 0.42% of Gentherm worth $3,603,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of THRM. Farther Finance Advisors LLC increased its stake in shares of Gentherm by 160.3% in the fourth quarter. Farther Finance Advisors LLC now owns 812 shares of the auto parts company’s stock worth $30,000 after acquiring an additional 500 shares during the period. Los Angeles Capital Management LLC acquired a new position in Gentherm during the fourth quarter valued at $35,000. Eagle Bay Advisors LLC purchased a new stake in Gentherm in the fourth quarter valued at $50,000. Palladiem LLC purchased a new stake in Gentherm in the fourth quarter valued at $52,000. Finally, Nisa Investment Advisors LLC boosted its holdings in Gentherm by 21.5% in the fourth quarter. Nisa Investment Advisors LLC now owns 1,994 shares of the auto parts company’s stock valued at $73,000 after purchasing an additional 353 shares during the last quarter. 97.13% of the stock is currently owned by institutional investors and hedge funds.

Gentherm Trading Up 3.0% Shares of Gentherm stock opened at $36.64 on Wednesday. The firm has a 50-day simple moving average of $34.81 and a two-hundred day simple moving average of $32.82. The company has a market cap of $1.12 billion, a P/E ratio of 48.85 and a beta of 1.38. Gentherm Inc has a fifty-two week low of $27.00 and a fifty-two week high of $39.48. The company has a debt-to-equity ratio of 0.31, a quick ratio of 1.36 and a current ratio of 1.97.

Gentherm (NASDAQ:THRM – Get Free Report) last posted its earnings results on Thursday, April 23rd. The auto parts company reported $0.84 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.53 by $0.31. Gentherm had a net margin of 1.47% and a return on equity of 11.25%. The business had revenue of $393.71 million for the quarter, compared to analyst estimates of $363.81 million. During the same period in the prior year, the company posted $0.51 EPS. The company’s revenue for the quarter was up 11.2% on a year-over-year basis. As a group, equities analysts predict that Gentherm Inc will post 2.75 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades A number of research firms have weighed in on THRM. Stifel Nicolaus lifted their price objective on Gentherm from $38.00 to $44.00 and gave the company a “buy” rating in a research note on Monday. Wall Street Zen upgraded Gentherm from a “buy” rating to a “strong-buy” rating in a research note on Saturday, April 25th. JPMorgan Chase & Co. raised their target price on Gentherm from $37.00 to $38.00 and gave the stock a “neutral” rating in a report on Thursday, May 14th. Weiss Ratings upgraded Gentherm from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Friday, May 8th. Finally, Robert W. Baird boosted their price target on Gentherm from $33.00 to $34.00 and gave the company a “neutral” rating in a report on Friday, April 24th. Two research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $38.60.

Get Our Latest Analysis on THRM

Gentherm Profile (Free Report)

Gentherm Incorporated (NASDAQ: THRM) is a global developer and supplier of advanced thermal management technologies for automotive, specialty vehicle, medical, consumer and industrial markets. The company’s core focus lies in delivering integrated heating and cooling systems designed to enhance energy efficiency, comfort and safety across a wide range of applications. Gentherm’s product portfolio includes seat thermal systems, heated and ventilated seating surfaces, steering wheel heaters, battery thermal management solutions, and climate systems for electric vehicles.

In the automotive sector, Gentherm partners with leading original equipment manufacturers to engineer and manufacture high-performance thermal solutions that meet stringent industry demands for reduced weight, lower energy consumption and improved passenger comfort.

Read More Five stocks we like better than Gentherm Confidence Is Back, But Earnings Show the Consumer Is Being Picky AeroVironment’s Stock Is Down, But Drone Demand Is Taking Off 3M’s Redemption Arc: Can Q2 Earnings Change the Narrative? 3 Photonics Companies Making Quantum Tech Possible Want to see what other hedge funds are holding THRM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Gentherm Inc (NASDAQ:THRM – Free Report).

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Wall Street expects a year-over-year increase in earnings on higher revenues when Gentherm (THRM - Free Report) reports results for the quarter ended June 2026. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.

The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on July 23. On the other hand, if they miss, the stock may move lower.

While management's discussion of business conditions on the earnings call will mostly determine the sustainability of the immediate price change and future earnings expectations, it's worth having a handicapping insight into the odds of a positive EPS surprise.

Zacks Consensus EstimateThis maker of climate-controlled seats and other products is expected to post quarterly earnings of $0.59 per share in its upcoming report, which represents a year-over-year change of +9.3%.

Revenues are expected to be $384.35 million, up 2.5% from the year-ago quarter.

Estimate Revisions TrendThe consensus EPS estimate for the quarter has been revised 2.62% lower over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period.

Investors should keep in mind that an aggregate change may not always reflect the direction of estimate revisions by each of the covering analysts.

Price, Consensus and EPS Surprise

Earnings WhisperEstimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. Our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction) -- has this insight at its core.

The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier.

Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only.

A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP.

Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell).

How Have the Numbers Shaped Up for Gentherm?For Gentherm, the Most Accurate Estimate is higher than the Zacks Consensus Estimate, suggesting that analysts have recently become bullish on the company's earnings prospects. This has resulted in an Earnings ESP of +6.78%.

On the other hand, the stock currently carries a Zacks Rank of #2.

So, this combination indicates that Gentherm will most likely beat the consensus EPS estimate.

Does Earnings Surprise History Hold Any Clue?While calculating estimates for a company's future earnings, analysts often consider to what extent it has been able to match past consensus estimates. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number.

For the last reported quarter, it was expected that Gentherm would post earnings of $0.53 per share when it actually produced earnings of $0.84, delivering a surprise of +58.49%.

Over the last four quarters, the company has beaten consensus EPS estimates two times.

Bottom LineAn earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss.

That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.

Gentherm appears a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release.

Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar.

NOVI, Mich., July 07, 2026 (GLOBE NEWSWIRE) -- Gentherm (NASDAQ: THRM), a global market leader of innovative thermal management and pneumatic comfort technologies, will report its financial results for the second quarter 2026 on Thursday, July 23, 2026, and will host a conference call to discuss those results at 8 am (ET) that same day.

Conference Call
Toll-free dial-in number: 1-877-407-4018
International dial-in number: 1-201-689-8471
Conference ID number: 13761564

Webcast
A live webcast and one-year archived replay of the call can be accessed on the Events page of the Investor Relations section of Gentherm's website at www.gentherm.com.

A telephonic replay will be available approximately two hours after the call by dialing 1-844-512-2921, or for international callers, 1-412-317-6671. The passcode for the live call and the replay is 13761564. The replay will be available until 11:59 p.m. (ET) on August 6, 2026.

Investor Contact 
Gregory Blanchette
[email protected] 
248.308.1702 

Media Contact 
Haley Baur 
[email protected]  
248.289.9711

About Gentherm 
Gentherm (NASDAQ: THRM) is a global market leader of innovative thermal management and pneumatic comfort technologies. Automotive products include Climate Control Seats (CCS®), Climate Control Interiors (CCI™), Lumbar and Massage Comfort Solutions, and Valve Systems. Medical products include patient temperature management systems. The Company is also developing a number of new technologies and products that will help enable improvements to existing products and to create new product applications for existing and new markets. Gentherm has more than 14,000 employees in facilities across 13 countries. In 2025, the company recorded annual sales of approximately $1.5 billion and secured $2.2 billion in automotive new business awards. For more information, go to www.gentherm.com.

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Considering these trends, value investing is clearly one of the most preferred ways to find strong stocks in any type of market. Value investors use a variety of methods, including tried-and-true valuation metrics, to find these stocks.

Zacks has developed the innovative Style Scores system to highlight stocks with specific traits. For example, value investors will be interested in stocks with great grades in the "Value" category. When paired with a high Zacks Rank, "A" grades in the Value category are among the strongest value stocks on the market today.

Gentherm (THRM - Free Report) is a stock many investors are watching right now. THRM is currently sporting a Zacks Rank #2 (Buy), as well as an A grade for Value. The stock has a Forward P/E ratio of 13.9. This compares to its industry's average Forward P/E of 19.40. Over the past year, THRM's Forward P/E has been as high as 15.48 and as low as 8.71, with a median of 12.42.

We should also highlight that THRM has a P/B ratio of 1.53. The P/B is a method of comparing a stock's market value to its book value, which is defined as total assets minus total liabilities. This stock's P/B looks solid versus its industry's average P/B of 4.32. Over the past year, THRM's P/B has been as high as 2.49 and as low as 1.11, with a median of 1.59.

These are just a handful of the figures considered in Gentherm's great Value grade. Still, they help show that the stock is likely being undervalued at the moment. Add this to the strength of its earnings outlook, and we can clearly see that THRM is an impressive value stock right now.

NOVI, Mich., March 19, 2026 (GLOBE NEWSWIRE) -- Gentherm (NASDAQ: THRM), a global market leader of innovative thermal management and pneumatic comfort technologies, today announced the official product launch with KUKA Home in Asia, extending Gentherm’s scalable technology platforms beyond automotive into home furniture applications. The launch is a result of our previous announcement in October 2025.

These programs highlight Gentherm’s role as a collaborative innovation partner, working closely with KUKA from concept through production. Gentherm combines consumer‑informed wellness insights and real‑world integration expertise with scalable roadmaps that help partners bring differentiated comfort experiences to market and communicate that value to end customers. For these specific KUKA programs, KUKA has chosen to feature ‘Enhanced Comfort by Gentherm’ as the co‑branded program identifier, reinforcing Gentherm’s role as a value-adding innovation partner.

“Securing new business with a leading global furniture brand is clear validation of the portability and scalability of our technologies beyond automotive,” said Bill Presley, President & CEO, Gentherm. “This award is another proof point that we can take proven thermal and pneumatic comfort technologies and bring them into new applications—moving quickly from development to production while delivering the quality, performance, and speed-to-market our partners expect.”

The KUKA programs mark an important step in Gentherm’s continued expansion into growth markets, demonstrating how its core technologies can be rapidly deployed across diverse use cases—accelerating time to market while maintaining the performance, integration quality, and consumer experience standards established in automotive applications.

Investor Contact  
Gregory Blanchette 
[email protected]  
248.308.1702  

Media Contact  
Haley Baur 
[email protected]  
248.289.9711  

About Gentherm  
Gentherm (NASDAQ: THRM) is a global market leader of innovative thermal management and pneumatic comfort technologies. Automotive products include Climate Control Seats (CCS®), Climate Control Interiors (CCI™), Lumbar and Massage Comfort Solutions, and Valve Systems. Medical products include patient temperature management systems. The Company is also developing a number of new technologies and products that will help enable improvements to existing products and to create new product applications for existing and new markets. Gentherm has more than 14,000 employees in facilities across 13 countries. In 2025, the company recorded annual sales of approximately $1.5 billion and secured $2.2 billion in automotive new business awards. For more information, go to www.gentherm.com.  

About KUKA 

KUKA Home (Stock Code: 603816), established in 1982, is a multinational corporation specializing in integrated home furnishing solutions, with its global headquarters located in Hangzhou, China.  Anchored in its brand philosophy of "Caring Homes, Cherishing Families," KUKA Home is dedicated to delivering healthy, comfortable, and sustainable home furnishing products and lifestyle solutions to households worldwide.

The company achieved annual revenue of CNY 22.051 billion in 2024, representing a year-on-year increase of 14.8%. Its business is structured around three core segments: upholstered furniture, custom furniture, and integrated home solutions. The upholstered furniture division serves as the foundation of its operations, featuring a comprehensive portfolio that encompasses sofas, soft beds, mattresses, and functional seating. This segment is distinguished by its in-house R&D and design capabilities, deep expertise in ergonomic comfort, and advanced, precision manufacturing at scale. With a global network of over 6,000 branded retail outlets, KUKA Home markets its products across more than 120 countries and regions.

Forward-Looking Statements 
Except for historical information contained herein, statements in this release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements represent Gentherm Incorporated's goals, beliefs, plans and expectations about its prospects for the future and other future events. The forward-looking statements included in this release are made as of the date hereof or as of the date specified herein and are based on management's reasonable expectations and beliefs. In making these statements we rely on assumptions and analysis based on our experience and perception of historical trends, current conditions and expected future developments, third party information and projections from sources that management believes to be reputable, as well as other factors we consider appropriate under the circumstances. Such statements are subject to a number of important assumptions, significant risks and uncertainties (some of which are beyond our control) and other factors that may cause actual results or performance to differ materially from that described in or indicated by the forward-looking statements, including but not limited to:

macroeconomic, geopolitical and similar global factors in the cyclical Automotive industry;the impact of, and our ability to mitigate the effects of, global economic and trade policies, including increases in duties, tariffs and taxation on the import or export of our products related to U.S. trade disputes;increasing U.S. and global competition, including with non-traditional entrants;our ability to effectively manage new product launches and research and development, and the market acceptance of such products and technologies;the evolution and challenges of the automotive industry towards electric vehicles, autonomous vehicles and mobility on demand services, and related consumer behaviors and preferences;our ability to convert automotive new business awards into product revenues;the constraints in the supply chain environment, and inflationary and other cost pressures;the production levels of our major customers and OEMs in our relevant markets and sudden fluctuations in such production levels;our business in China, which is subject to unique operational, competitive, geopolitical, regulatory and economic risks;the impact of our global operations, including our cost structure and global manufacturing footprint, operations within Ukraine, and foreign currency and exchange risk;our product quality and safety and impact of product safety recalls and alleged defects in products;our ability to attract and retain highly skilled employees and wage inflation;a tightening labor market, labor shortages or work stoppages impacting us, our customers or our suppliers, such as recent labor strikes among certain OEMs and suppliers;our achievement of product cost reductions to offset customer-imposed price reductions or other pricing pressures;our ability to execute efforts to optimize our global supply chain and manufacturing footprint, including opening new facilities and transferring production;our ability to source, consummate, integrate and achieve planned benefits of strategic acquisitions, investments and, as applicable, exits;any security breaches and other disruptions to our information technology networks and systems, as well as privacy, data security and data protection risks, including risks associated with use of artificial intelligence capabilities in our business operations;any loss or insolvency of our key customers and OEMs, or key suppliers;our ability to project future sales volume based on third-party information, based on which we manage our business;the protection of our intellectual property in certain jurisdictions;our compliance with global anti-corruption laws and regulations;legal and regulatory proceedings and claims involving us or one of our major customers;the extensive regulation of our patient temperature management business;risks associated with our manufacturing processes;the effects of climate change and regulatory and stakeholder-imposed requirements to address climate change and other sustainability issues;our product quality and safety;our borrowing availability under our revolving credit facility, as well as the ability to access the capital markets, to support our planned growth; andour indebtedness and compliance with our debt covenants. Furthermore, important factors related to the Proposed Transaction could cause actual results to differ materially from those currently anticipated, including:

that one or more closing conditions to the Proposed Transaction, including certain regulatory approvals, may not be satisfied or waived, on a timely basis or otherwise, including that a governmental entity may prohibit, delay or refuse to grant approval for the consummation of the Proposed Transaction, may require conditions, limitations or restrictions in connection with such approvals or that the required approval by the shareholders of Gentherm may not be obtained;the risk that the Proposed Transaction may not be completed on the terms or in the time frame expected by Gentherm, Modine and SpinCo, or at all;unexpected costs, charges or expenses resulting from the Proposed Transaction;uncertainty of the expected financial performance of the combined company following completion of the Proposed Transaction;failure to realize the anticipated benefits of the Proposed Transaction, including as a result of delay in completing the Proposed Transaction or integrating the businesses of Gentherm and SpinCo, on the expected timeframe or at all;the ability of the combined company to implement its business strategy;difficulties and delays in the combined company achieving revenue and cost synergies;inability of the combined company to retain and hire key personnel;the occurrence of any event that could give rise to termination of the Proposed Transaction;the risk that shareholder litigation in connection with the Proposed Transaction or other litigation, settlements or investigations may affect the timing or occurrence of the Proposed Transaction or result in significant costs of defense, indemnification and liability;evolving legal, regulatory and tax regimes;changes in general economic and/or industry specific conditions or any volatility resulting from the imposition of and changing policies, including those policies with respect to tariffs;actions by third parties, including government agencies;the risk that the anticipated tax treatment of the Proposed Transaction is not obtained;the risk of greater than expected difficulty in separating the business of SpinCo from the other businesses of Modine; andrisks related to the disruption of management time from ongoing business operations due to the pendency of the Proposed Transaction, or other effects of the pendency of the Proposed Transaction on the relationship of any of the parties to the Proposed Transaction with their employees, customers, suppliers, or other counterparties. The foregoing risks should be read in conjunction with the Company's reports filed with or furnished to the Securities and Exchange Commission (the “SEC”), including “Risk Factors,” in its most recent Annual Report on Form 10-K and subsequent SEC filings, for a discussion of these and other risks and uncertainties. In addition, with reasonable frequency, we have entered into business combinations, acquisitions, divestitures, strategic investments and other significant transactions. Such forward-looking statements do not include the potential impact of any such transactions that may be completed after the date hereof, each of which may present material risks to the Company’s future business and financial results. Moreover, we operate in a very competitive and rapidly changing environment and new risks emerge from time to time.

Except as required by law, the Company expressly disclaims any obligation or undertaking to update any forward-looking statements to reflect any change in its strategies or expectations with regard thereto or any change in events, conditions or circumstances on which any such statement is based. 

Posted by Defense World Staff on Apr 5th, 2026

SG Americas Securities LLC boosted its holdings in Gentherm Inc (NASDAQ:THRM – Free Report) by 50.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 56,071 shares of the auto parts company’s stock after purchasing an additional 18,718 shares during the quarter. SG Americas Securities LLC owned about 0.18% of Gentherm worth $2,039,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in shares of Gentherm by 5.7% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 108,613 shares of the auto parts company’s stock valued at $2,904,000 after acquiring an additional 5,824 shares in the last quarter. Millennium Management LLC grew its holdings in Gentherm by 93.4% in the first quarter. Millennium Management LLC now owns 155,617 shares of the auto parts company’s stock worth $4,161,000 after purchasing an additional 75,170 shares during the period. Jane Street Group LLC grew its holdings in Gentherm by 389.2% in the first quarter. Jane Street Group LLC now owns 84,403 shares of the auto parts company’s stock worth $2,257,000 after purchasing an additional 67,150 shares during the period. JPMorgan Chase & Co. increased its stake in Gentherm by 1.7% in the second quarter. JPMorgan Chase & Co. now owns 108,251 shares of the auto parts company’s stock valued at $3,062,000 after purchasing an additional 1,850 shares in the last quarter. Finally, Franklin Resources Inc. increased its stake in Gentherm by 8.0% in the second quarter. Franklin Resources Inc. now owns 12,913 shares of the auto parts company’s stock valued at $365,000 after purchasing an additional 953 shares in the last quarter. 97.13% of the stock is currently owned by institutional investors.

Gentherm Stock Performance Shares of Gentherm stock opened at $27.76 on Friday. Gentherm Inc has a 52 week low of $22.75 and a 52 week high of $39.48. The company has a quick ratio of 1.30, a current ratio of 1.92 and a debt-to-equity ratio of 0.26. The business has a 50 day moving average price of $30.85 and a 200-day moving average price of $34.33. The company has a market cap of $850.84 million, a PE ratio of 45.51 and a beta of 1.34.

Gentherm (NASDAQ:THRM – Get Free Report) last announced its quarterly earnings results on Thursday, February 19th. The auto parts company reported $0.49 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.57 by ($0.08). The company had revenue of $382.79 million for the quarter, compared to the consensus estimate of $371.91 million. Gentherm had a return on equity of 10.07% and a net margin of 1.22%.The company’s quarterly revenue was up 8.5% compared to the same quarter last year. During the same quarter last year, the company posted $0.29 EPS. Equities analysts anticipate that Gentherm Inc will post 3.1 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In THRM has been the topic of a number of research analyst reports. Loop Capital set a $38.00 price objective on shares of Gentherm in a research report on Wednesday, February 25th. Robert W. Baird dropped their price target on Gentherm from $42.00 to $36.00 and set a “neutral” rating on the stock in a research note on Friday, February 20th. Stifel Nicolaus started coverage on Gentherm in a report on Monday, February 23rd. They issued a “buy” rating and a $41.00 price target on the stock. Wall Street Zen cut Gentherm from a “strong-buy” rating to a “buy” rating in a research note on Saturday, February 21st. Finally, Argus upgraded Gentherm to a “hold” rating in a report on Friday, February 27th. Two research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Hold” and an average price target of $39.40.

Read Our Latest Report on THRM

About Gentherm (Free Report)

Gentherm Incorporated (NASDAQ: THRM) is a global developer and supplier of advanced thermal management technologies for automotive, specialty vehicle, medical, consumer and industrial markets. The company’s core focus lies in delivering integrated heating and cooling systems designed to enhance energy efficiency, comfort and safety across a wide range of applications. Gentherm’s product portfolio includes seat thermal systems, heated and ventilated seating surfaces, steering wheel heaters, battery thermal management solutions, and climate systems for electric vehicles.

In the automotive sector, Gentherm partners with leading original equipment manufacturers to engineer and manufacture high-performance thermal solutions that meet stringent industry demands for reduced weight, lower energy consumption and improved passenger comfort.

Read More Five stocks we like better than Gentherm Want to see what other hedge funds are holding THRM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Gentherm Inc (NASDAQ:THRM – Free Report).

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Posted by Defense World Staff on Apr 7th, 2026

Gentherm Inc (NASDAQ:THRM – Get Free Report) has earned a consensus rating of “Hold” from the seven brokerages that are currently covering the stock, Marketbeat.com reports. One analyst has rated the stock with a sell recommendation, four have given a hold recommendation and two have assigned a buy recommendation to the company. The average 1 year price target among brokers that have issued ratings on the stock in the last year is $39.40.

THRM has been the topic of a number of research analyst reports. Weiss Ratings lowered Gentherm from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Monday, February 9th. Roth Mkm decreased their price target on Gentherm from $44.00 to $39.00 and set a “buy” rating on the stock in a research report on Monday, March 23rd. Robert W. Baird decreased their price target on Gentherm from $42.00 to $36.00 and set a “neutral” rating on the stock in a research report on Friday, February 20th. Loop Capital set a $38.00 price target on Gentherm in a research report on Wednesday, February 25th. Finally, Stifel Nicolaus initiated coverage on Gentherm in a research report on Monday, February 23rd. They set a “buy” rating and a $41.00 price target on the stock.

View Our Latest Analysis on Gentherm

Gentherm Trading Down 0.3% THRM stock opened at $27.69 on Friday. Gentherm has a 1-year low of $22.75 and a 1-year high of $39.48. The firm has a market cap of $845.26 million, a P/E ratio of 45.39 and a beta of 1.34. The business’s 50 day moving average is $30.67 and its 200-day moving average is $34.26. The company has a current ratio of 1.92, a quick ratio of 1.30 and a debt-to-equity ratio of 0.26.

Gentherm (NASDAQ:THRM – Get Free Report) last released its quarterly earnings data on Thursday, February 19th. The auto parts company reported $0.49 earnings per share for the quarter, missing the consensus estimate of $0.57 by ($0.08). Gentherm had a net margin of 1.22% and a return on equity of 10.07%. The company had revenue of $382.79 million during the quarter, compared to the consensus estimate of $371.91 million. During the same quarter in the prior year, the company posted $0.29 earnings per share. The company’s revenue for the quarter was up 8.5% on a year-over-year basis. Equities analysts anticipate that Gentherm will post 3.1 earnings per share for the current fiscal year.

Institutional Inflows and Outflows Hedge funds have recently bought and sold shares of the company. Farther Finance Advisors LLC boosted its position in Gentherm by 160.3% in the 4th quarter. Farther Finance Advisors LLC now owns 812 shares of the auto parts company’s stock valued at $30,000 after buying an additional 500 shares during the last quarter. Los Angeles Capital Management LLC bought a new position in Gentherm in the 4th quarter valued at $35,000. Eagle Bay Advisors LLC bought a new position in Gentherm in the 4th quarter valued at $50,000. Palladiem LLC bought a new position in Gentherm in the 4th quarter valued at $52,000. Finally, Nisa Investment Advisors LLC boosted its position in Gentherm by 20.3% in the 3rd quarter. Nisa Investment Advisors LLC now owns 1,641 shares of the auto parts company’s stock valued at $56,000 after buying an additional 277 shares during the last quarter. 97.13% of the stock is currently owned by institutional investors.

Gentherm Company Profile (Get Free Report)

Gentherm Incorporated (NASDAQ: THRM) is a global developer and supplier of advanced thermal management technologies for automotive, specialty vehicle, medical, consumer and industrial markets. The company’s core focus lies in delivering integrated heating and cooling systems designed to enhance energy efficiency, comfort and safety across a wide range of applications. Gentherm’s product portfolio includes seat thermal systems, heated and ventilated seating surfaces, steering wheel heaters, battery thermal management solutions, and climate systems for electric vehicles.

In the automotive sector, Gentherm partners with leading original equipment manufacturers to engineer and manufacture high-performance thermal solutions that meet stringent industry demands for reduced weight, lower energy consumption and improved passenger comfort.

Further Reading Five stocks we like better than Gentherm

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The market expects Gentherm (THRM - Free Report) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended March 2026. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.

The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on April 23. On the other hand, if they miss, the stock may move lower.

While management's discussion of business conditions on the earnings call will mostly determine the sustainability of the immediate price change and future earnings expectations, it's worth having a handicapping insight into the odds of a positive EPS surprise.

Zacks Consensus EstimateThis maker of climate-controlled seats and other products is expected to post quarterly earnings of $0.53 per share in its upcoming report, which represents a year-over-year change of +3.9%.

Revenues are expected to be $360.96 million, up 2% from the year-ago quarter.

Estimate Revisions TrendThe consensus EPS estimate for the quarter has been revised 2.4% lower over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period.

Investors should keep in mind that an aggregate change may not always reflect the direction of estimate revisions by each of the covering analysts.

Price, Consensus and EPS Surprise

Earnings WhisperEstimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. This insight is at the core of our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction).

The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier.

Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only.

A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP.

Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell).

How Have the Numbers Shaped Up for Gentherm?For Gentherm, the Most Accurate Estimate is lower than the Zacks Consensus Estimate, suggesting that analysts have recently become bearish on the company's earnings prospects. This has resulted in an Earnings ESP of -13.86%.

On the other hand, the stock currently carries a Zacks Rank of #4.

So, this combination makes it difficult to conclusively predict that Gentherm will beat the consensus EPS estimate.

Does Earnings Surprise History Hold Any Clue?While calculating estimates for a company's future earnings, analysts often consider to what extent it has been able to match past consensus estimates. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number.

For the last reported quarter, it was expected that Gentherm would post earnings of $0.57 per share when it actually produced earnings of $0.49, delivering a surprise of -14.04%.

Over the last four quarters, the company has beaten consensus EPS estimates two times.

Bottom LineAn earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss.

That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.

Gentherm doesn't appear a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release.

Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar.

Gentherm (THRM - Free Report) came out with quarterly earnings of $0.84 per share, beating the Zacks Consensus Estimate of $0.53 per share. This compares to earnings of $0.51 per share a year ago. These figures are adjusted for non-recurring items.

This quarterly report represents an earnings surprise of +57.30%. A quarter ago, it was expected that this maker of climate-controlled seats and other products would post earnings of $0.57 per share when it actually produced earnings of $0.49, delivering a surprise of -14.04%.

Over the last four quarters, the company has surpassed consensus EPS estimates two times.

Gentherm, which belongs to the Zacks Automotive - Original Equipment industry, posted revenues of $393.71 million for the quarter ended March 2026, surpassing the Zacks Consensus Estimate by 9.07%. This compares to year-ago revenues of $353.85 million. The company has topped consensus revenue estimates four times over the last four quarters.

The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.

Gentherm shares have lost about 21% since the beginning of the year versus the S&P 500's gain of 4.3%.

What's Next for Gentherm?While Gentherm has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?

There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.

Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.

Ahead of this earnings release, the estimate revisions trend for Gentherm was unfavorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #4 (Sell) for the stock. So, the shares are expected to underperform the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.

It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $0.65 on $383.66 million in revenues for the coming quarter and $2.56 on $1.54 billion in revenues for the current fiscal year.

Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Automotive - Original Equipment is currently in the bottom 27% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.

Aeva Technologies, Inc. (AEVA - Free Report) , another stock in the same industry, has yet to report results for the quarter ended March 2026. The results are expected to be released on May 6.

This company is expected to post quarterly loss of $0.44 per share in its upcoming report, which represents a year-over-year change of +2.2%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.

Aeva Technologies, Inc.'s revenues are expected to be $4.67 million, up 38.5% from the year-ago quarter.

Source: TradePulse

Market Overview

Observations from Current Flow Activity

Interpreting Flow and Momentum Signals

It is important to distinguish between capital inflows and short-term price performance, as flow activity and directional momentum do not always align.

Sector Positioning: Broad Participation Across Markets

The latest sector breakdown reflects diversified participation across several major market groups:

While semiconductor and technology-related equities continue to populate the inflow rankings, the inclusion of energy, retail, healthcare, cloud infrastructure, and enterprise software suggests broader institutional participation across multiple areas of the market.

Implications for Market Participants

From an analytical perspective, current flow trends suggest:

• Sustained activity within semiconductors, cybersecurity, and AI infrastructure-related equities
• Tactical positioning through leveraged semiconductor ETFs on both the bullish and bearish side
• Diversification into energy, retail, healthcare, and cloud infrastructure
• Institutional flow order flow is becoming more balanced across sectors rather than concentrated only in technology

When combined with earnings data, economic indicators, and technical analysis, flow data metrics can provide a more comprehensive understanding of market positioning.

Closing Perspective

This material is for informational purposes only and should not be construed as investment advice or a recommendation to buy or sell any security. Past performance and observed flows are not indicative of future results.

Benzinga Disclaimer: This article is from an unpaid external contributor. It does not represent Benzinga’s reporting and has not been edited for content or accuracy.

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NOVI, Mich., May 20, 2026 (GLOBE NEWSWIRE) -- Gentherm (NASDAQ: THRM), a global market leader of innovative thermal management and pneumatic comfort technologies, today announced that it is scheduled to participate in the following upcoming investor conference in the second quarter of 2026.

Baird Global Consumer, Technology & Services Conference in New York City
Bill Presley, President and CEO, and Jon Douyard, Executive Vice President of Finance, Chief Financial Officer and Treasurer, will participate in a fireside chat on Wednesday, June 3, 2026. The fireside chat will begin at 8:30 am (ET) and last for approximately 30 minutes.

There will be a live audio webcast of the fireside chat, and a replay will be available for 90 days following the presentation on the Events page of the Investor Relations section of Gentherm’s website at: www.gentherm.com.

In addition, Gentherm management will be hosting analysts and investors at upcoming conferences, including:

Stifel Cross Sector 1x1 Conference on Tuesday, June 2, 2026, in BostonWells Fargo Industrials & Materials Conference on Tuesday, June 9, 2026, in Chicago Please note that event participation and specific dates are subject to change. For the latest information, please visit the Gentherm Investor Relations website.

Investor Contact
Gregory Blanchette
[email protected] 
248.308.1702 

Media Contact 
Haley Baur 
[email protected]  
248.289.9711

About Gentherm 
Gentherm (NASDAQ: THRM) is a global market leader of innovative thermal management and pneumatic comfort technologies. Automotive products include Climate Control Seats (CCS®), Climate Control Interiors (CCI™), Lumbar and Massage Comfort Solutions, and Valve Systems. Medical products include patient temperature management systems. The Company is also developing a number of new technologies and products that will help enable improvements to existing products and to create new product applications for existing and new markets. Gentherm has more than 14,000 employees in facilities across 13 countries. In 2025, the company recorded annual sales of approximately $1.5 billion and secured $2.2 billion in automotive new business awards. For more information, go to www.gentherm.com.

Gentherm Incorporated remains a soft Buy as its transformation and merger with Modine Performance Technologies drive significant upside potential. THRM delivered impressive Q1 FY2026 results: sales up 11.2% to $393.7M, outpacing a contracting vehicle production market. Management guides for FY2026 revenue of $1.5–$1.6B and EBITDA of $175–$195M, with the Modine merger expected to boost combined revenue to $2.6B and EBITDA to $322M.