Gentherm IncTHRMEarnings & Financial Report
Gentherm Incorporated, formerly Amerigon, is an American thermal management technologies company. Gentherm created the first thermoelectrically heated and cooled seat system for the automotive industry. Called the "Climate Control Seat" system, it was first adopted by the Ford Motor Company and introduced as an option on the model year 2000 Lincoln Navigator in 1999. Today it is available on more than 50 vehicles sold by Ford, General Motors, Toyota (Lexus), Kia, Hyundai, Nissan (Infiniti), R...
Revenue
$352.9M
Gross Profit
$86.1M
Operating Profit
$23.6M
Net Profit
$15.3M
Gross Margin
24.4%
Operating Margin
6.7%
Net Margin
4.3%
YoY Growth
-3.8%
EPS
$0.48
Gentherm Inc Q4 FY2024 Financial Summary
Gentherm Inc reported revenue of $352.9M (down 3.8% YoY) for Q4 FY2024, with a net profit of $15.3M (down 15.3% YoY) (4.3% margin). Cost of goods sold was $266.8M, operating expenses totaled $62.5M.
Key Financial Metrics
| Total Revenue | $352.9M |
|---|---|
| Net Profit | $15.3M |
| Gross Margin | 24.4% |
| Operating Margin | 6.7% |
| Report Period | Q4 FY2024 |
Revenue Breakdown
Gentherm Inc Q4 FY2024 revenue of $352.9M breaks down across 10 segments, led by Climate Control Seat at $116.0M (32.9% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Climate Control Seat | $116.0M | 32.9% |
| Seat Heaters | $70.8M | 20.0% |
| Lumbar And Massage Comfort Solutions | $45.5M | 12.9% |
| Steering Wheel Heaters | $42.8M | 12.1% |
| KR | $25.8M | 7.3% |
| Automotive Cables | $15.9M | 4.5% |
| Medical Segments | $14.1M | 4.0% |
| Battery Performance Solutions BPS | $11.6M | 3.3% |
| Electronics | $6.8M | 1.9% |
| Other Automotive | $6.3M | 1.8% |
Gentherm Inc Revenue by Segment — Quarterly Trend
Gentherm Inc revenue by segment across the last 4 reported quarters, showing how each business line (such as Climate Control Seat and Seat Heaters) has evolved quarter over quarter.
| Segment | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 | Q1 FY2025 |
|---|---|---|---|---|
| Lumbar And Massage Comfort Solutions | $58.5M | $55.8M | $52.5M | $45.3M |
Gentherm Inc Annual Revenue by Year
Gentherm Inc annual revenue history includes year-by-year totals (for example, 2025 revenue was $1.5B).
| Year | Annual Revenue |
|---|---|
| 2025 | $1.5B |
| 2024 | $1.5B |
| 2023 | $1.5B |
| 2022 | $1.2B |
Gentherm Inc Quarterly Revenue & Net Profit History
Gentherm Inc results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q4 FY2025 | $382.8M | +8.5% | $3.0M | 0.8% |
| Q3 FY2025 | $386.9M | +4.1% | $14.9M | 3.9% |
| Q2 FY2025 | $375.1M | -0.2% | $477.0K | 0.1% |
| Q1 FY2025 | $353.9M | -0.6% | $-128.0K | -0.0% |
| Q4 FY2024 | $352.9M | -3.8% | $15.3M | 4.3% |
| Q3 FY2024 | $371.5M | +1.5% | $16.0M | 4.3% |
| Q2 FY2024 | $375.7M | +0.9% | $18.9M | 5.0% |
| Q1 FY2024 | $356.0M | -2.1% | $14.8M | 4.2% |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $356.0M | $375.7M | $371.5M | $352.9M | $353.9M | $375.1M | $386.9M | $382.8M |
| YoY Growth | -2.1% | 0.9% | 1.5% | -3.8% | -0.6% | -0.2% | 4.1% | 8.5% |
Balance Sheet
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $1.25B | $1.24B | $1.30B | $1.25B | $1.34B | $1.36B | $1.38B | $1.40B |
| Liabilities | $605.7M | $600.2M | $637.5M | $630.6M | $697.7M | $661.7M | $663.4M | $676.1M |
| Equity | $647.1M | $640.3M | $660.7M | $616.9M | $646.5M | $699.7M | $717.9M | $720.3M |
Cash Flow
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $-10.3M | $37.1M | $46.3M | $36.6M | $-13.3M | $45.0M | $56.1M | $29.0M |