Welcome to our dedicated page for Gentherm SEC filings (Ticker: THRM), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Gentherm Inc.'s SEC filings document the operating results, governance, and capital-structure disclosures of a public thermal management and pneumatic comfort technology company. Recent 8-K reports cover material events, material agreements, shareholder voting matters, financial results, risk-factor updates, and medical-device regulatory disclosures tied to the company's automotive and medical businesses.
Proxy materials describe board and governance matters, executive compensation, shareholder voting procedures, and equity-related disclosures. The filing record also reflects how Gentherm reports its Automotive and Medical operations, including product categories such as Climate Control Seats, Climate Control Interiors, Lumbar and Massage Comfort Solutions, Valve Systems, battery performance solutions, and patient temperature management systems.
Gentherm Incorporated disclosed first quarter 2026 results and presented details on a proposed business combination with Platinum SpinCo Inc., a Modine Manufacturing Company subsidiary. The presentation reports consolidated Q1 product revenue of $393,706,000, 12.5% Adjusted EBITDA margin, cash of $177,401,000, and debt of $219,036,000. The parties intend to file a Form S-4 and related proxy/prospectus and a Form 10 for the SpinCo spin-off; expected ownership and tax treatment language is included.
Gentherm Incorporated reported first-quarter 2026 results and announced a planned combination with Modine Performance Technologies that the company says is on track to close in 2026. Gentherm delivered record quarterly product revenue of $393.7 million (up 11.3% year‑over‑year) and reported adjusted EBITDA of $49.3 million (12.5% of revenue).
The company reported GAAP net income of $4.2 million and adjusted diluted EPS of $0.84. Gentherm ended the quarter with liquidity of $455.5 million and net leverage of ~0.2x. Full‑year 2026 guidance was reiterated: product revenues of $1.5B–$1.6B, adjusted EBITDA of $175M–$195M, and adjusted free cash flow of $80M–$100M.
Gentherm Incorporated reported strong first quarter 2026 results and reiterated its full-year outlook while advancing a planned combination with Modine Performance Technologies. Product revenues reached a record $393.7 million, up 11.3% year over year, or 7.2% excluding foreign exchange, led by Automotive Climate and Comfort Solutions.
Gross margin improved slightly to 24.7%, and net income rose to $4.2 million from a small loss a year ago. Adjusted EBITDA increased to $49.3 million with a 12.5% margin, while adjusted diluted EPS climbed to $0.84 from $0.51. Free cash flow remained negative but improved versus the prior year, and the quarter ended with net leverage of ~0.2x and liquidity of $455.5 million.
For full-year 2026, Gentherm maintained guidance for product revenues of $1.5–$1.6 billion, adjusted EBITDA of $175–$195 million, and adjusted free cash flow of $80–$100 million, excluding any impact from the Modine transaction.
Gentherm Inc executive Vishnu Sundaram, the company’s SVP and Chief Technology Officer, filed a Form 4 reporting no insider transactions. The filing shows no shares bought, sold, acquired, disposed of, or transferred, and net insider trading activity is recorded as neutral for this period.
Gentherm Incorporated is asking shareholders to vote at its virtual 2026 annual meeting on May 14, 2026, at 8:30 a.m. Eastern. The ballot includes electing nine directors for one-year terms, an advisory say-on-pay vote on named executive officer compensation, and ratification of Ernst & Young LLP as auditor for 2026. Shareholders are also being asked to approve an amendment to the 2023 Equity Incentive Plan to increase by 1,700,000 the maximum number of common shares that may be issued under the plan. Eight of nine director nominees are independent, the Board is led by a non-executive chair, and all committees consist entirely of independent directors. Gentherm highlights its focus on strategy oversight, risk management, succession planning, shareholder engagement, and a pay-for-performance philosophy tying a majority of CEO pay to performance and equity.
The Vanguard Group amends its Schedule 13G to report zero beneficial ownership of Gentherm Inc. common stock. The filing (Amendment No. 11) states Amount beneficially owned: 0 and Percent of class: 0%. The signature is dated 03/26/2026, and the amendment references an internal realignment effective 01/12/2026 that caused separate reporting by subsidiaries.
Gentherm Inc Chief Accounting Officer Nicholas Breisacher reported a stock-based compensation event involving performance-based restricted stock units granted on March 14, 2023 under the 2013 Equity Incentive Plan. On March 23, 2026, he acquired 353 shares of common stock at no cost when these PSUs settled.
The Compensation and Talent Committee determined that Adjusted EBITDA PSUs were earned at 69.15% of target and ROIC PSUs at 63.44%, resulting in a total payout of 40.35% of the original grant. To cover tax obligations, 102 shares were withheld at $28.64 per share, and Breisacher now holds 5,789 Gentherm common shares directly.
Gentherm Inc senior vice president Rafael Barkas reported routine equity compensation activity. He received 2,121 shares of Common Stock on March 23, 2026 as a grant/award tied to performance-based restricted stock units, at a stated price of $0.0000 per share. To cover tax obligations, 607 shares were withheld at $28.64 per share, a non-market disposition. After these transactions, Barkas directly owns 31,893 shares of Gentherm common stock.
The footnote explains these shares relate to performance-based PSUs granted on March 14, 2023. The committee determined adjusted EBITDA PSUs were earned at 69.15% of target and ROIC PSUs at 63.44%, resulting in a total payout of 40.35% of the PSUs granted.
Gentherm Inc senior vice president and chief human resources officer Barbara J. Runyon reported equity compensation vesting rather than open-market trading. On March 23, 2026, she acquired 2,121 shares of common stock at no cost as a grant, then had 961 shares withheld at $28.64 per share to cover tax obligations, leaving 37,686 shares owned directly.
These shares came from performance-based restricted stock units granted on March 14, 2023. According to plan results, adjusted EBITDA PSUs were earned at 69.15% of target and ROIC PSUs at 63.44% of target, producing a total payout of 40.35% of the original PSU grant.