Welcome to our dedicated page for Gentherm news (Ticker: THRM), a resource for investors and traders seeking the latest updates and insights on Gentherm stock.
Gentherm Inc. reports developments in thermal management and pneumatic comfort technologies for automotive and medical markets. Its Automotive products include Climate Control Seats (CCS®), Climate Control Interiors (CCI™), Lumbar and Massage Comfort Solutions, Valve Systems, cable systems, battery performance solutions, and automotive electronics and software systems. Its Medical business covers patient temperature management systems and related device technology.
Recurring news includes quarterly and annual results, conference participation, automotive new-business activity, shareholder voting matters, and medical-device regulatory updates. Company announcements also cover ThermAffyx™ Patient Safety System, an integrated patient warming and securement system submitted through the FDA 510(k) pathway, and communications activity around Gentherm Medical products.
Gentherm (NASDAQ:THRM), a thermal management and pneumatic comfort technologies leader, reported its Q2 2025 results with revenue of $375.1 million, a slight decrease of 0.2% year-over-year. The company secured $620 million in new automotive business awards during the quarter, bringing the year-to-date total to over $1 billion.
Key financial metrics include a gross margin decrease to 23.9% from 25.7%, net income of $0.5 million (down from $18.9 million), and adjusted EBITDA of $45.9 million (12.2% of revenue). The company narrowed its 2025 guidance, projecting revenue between $1.43B-$1.5B and adjusted EBITDA margin of 11.7%-12.5%.
Gentherm (NASDAQ: THRM), a global leader in thermal management and pneumatic comfort technologies, has scheduled its second quarter 2025 financial results announcement for Thursday, July 24, 2025. The company will host a conference call at 8:00 AM ET on the same day.
Investors can access the conference call through toll-free (1-877-407-4018) or international (1-201-689-8471) dial-in numbers. A live webcast and one-year replay will be available on Gentherm's website. The telephonic replay will be accessible until August 7, 2025.
Gentherm (NASDAQ: THRM), a leader in thermal management and pneumatic comfort technologies, has expanded its strategic partnership with DUOMED into France, building on their existing collaboration in the Benelux region. The expanded agreement enables DUOMED to distribute Gentherm's complete patient temperature management portfolio, including the Astopad® resistive warming system and Vytil-branded convective warming system.
The partnership strengthens Gentherm's European presence in the healthcare sector, with DUOMED's local expertise and strong clinician relationships serving as key advantages. Early feedback from French clinicians has been notably positive, particularly regarding the superior quality of Vytil blankets compared to competing products.
Gentherm (NASDAQ:THRM), a leader in thermal management and pneumatic comfort technologies, has announced its participation in multiple investor conferences during Q2 2025. The company's key executives, including CEO Bill Presley and CFO Jon Douyard, will participate in a fireside chat at the Baird Global Consumer, Technology & Services Conference in New York City on June 4, 2025, at 8:30 AM ET. The session will be webcast live and available for replay for 90 days on Gentherm's website.
Additionally, management will host meetings at the Stifel Cross Sector 1x1 Conference in Boston on June 3 and the Wells Fargo Industrials & Materials Conference in Chicago on June 10, 2025.
Gentherm (NASDAQ:THRM) reported Q1 2025 financial results with revenue of $354 million, representing a 0.9% increase excluding foreign currency effects. The company secured $400 million in automotive new business awards, including first-time contracts with Japanese OEM for lumbar and massage solutions and a Volvo conquest award.
Key financial metrics include a gross margin decrease to 24.4% from 24.9%, net loss of $(0.1) million compared to $14.9 million profit last year, and Adjusted EBITDA of $39.3 million (11.1% of revenue). The company maintained its 2025 revenue guidance of $1.4-1.5 billion while adjusting EBITDA margin range to 11.5-13%.
Automotive Climate and Comfort Solutions revenue grew 3.8% year-over-year, outperforming relevant market light vehicle production by over 300 basis points. The company maintains strong liquidity of ~$400 million with net leverage at ~0.5x.
Gentherm (NASDAQ: THRM), a global leader in thermal management and pneumatic comfort technologies, has scheduled its 2025 first quarter financial results announcement for Thursday, April 24, 2025. The company will host a conference call at 8 am ET on the same day.
Investors can participate through the toll-free number 1-877-407-4018 or international dial-in 1-201-689-8471 using conference ID 13753379. A live webcast will be available on Gentherm's website, with a one-year replay option. The telephonic replay will be accessible until May 8, 2025, via 1-844-512-2921 (US) or 1-412-317-6671 (international) using the same passcode.
Gentherm (THRM) has been awarded the prestigious 2024 Supplier of the Year Award by General Motors at GM's 33rd annual Supplier of the Year event in Phoenix, Arizona. This marks the third time Gentherm has received this recognition.
The award, presented by GM, acknowledges global suppliers for their excellence in key categories including safety, innovation, and resilience. The selection process involves a global cross-functional team evaluating suppliers' performance throughout 2024 and their alignment with GM's core values and goals.
Out of GM's global supplier network, only 92 suppliers across 12 countries were selected for the 2024 Supplier of the Year list. This recognition highlights Gentherm's commitment to delivering innovative technology and maintaining strong business performance in their partnership with GM.
Gentherm (NASDAQ:THRM), a leader in thermal management and pneumatic comfort technologies, has released its 2024 Sustainability Report focusing on People, Planet, and Products initiatives. The report showcases significant environmental achievements, including:
The company achieved its first year-over-year CO2 emissions reduction, driven by increasing renewable energy sourcing to over 35%. Gentherm is advancing toward long-term emissions goals through renewable energy procurement, on-site generation, and Power Purchase Agreements (PPA).
CEO Bill Presley emphasized the company's commitment to improving lives through enhanced health, wellness, comfort, and sustainable solutions, highlighting their dedication to creating long-term value for employees, customers, communities, and stakeholders.
Gentherm (NASDAQ:THRM) announced the grant of inducement equity awards to its newly appointed executives. William Presley, President and CEO, received 123,135 restricted stock units (RSUs), while Jonathan Douyard, Executive VP, CFO and Treasurer, received 52,398 RSUs.
The awards, effective February 24, 2025, were granted as material inducements for their employment and will vest equally over three years on the anniversary of the grant date, contingent on continued employment. While the RSUs align with terms in Gentherm's 2023 Equity Incentive Plan, they were granted outside of it under Nasdaq Rule 5635(c)(4).
Gentherm (NASDAQ:THRM) reported its Q4 and full-year 2024 results, showing mixed performance. Full-year product revenues slightly decreased by 0.9% to $1,456.1 million, while achieving record annual Adjusted EBITDA of $182.9 million, up 1.3% from 2023.
Q4 product revenues decreased 3.8% to $352.9 million, with automotive revenues down 4.3%. The company secured $2.4 billion in automotive new business awards for the year. GAAP diluted EPS for 2024 increased to $2.06 from $1.22, while adjusted EPS decreased to $2.33 from $2.59.
The company maintained net leverage at ~0.5x while investing in operations and repurchasing $50.2 million of common stock. For 2025, Gentherm guides product revenues between $1.4-1.5 billion and Adjusted EBITDA at 12-13% of product revenues.