vs

Side-by-side financial comparison of COLLEGIUM PHARMACEUTICAL, INC (COLL) and Gentherm Inc (THRM). Click either name above to swap in a different company.

Gentherm Inc is the larger business by last-quarter revenue ($382.8M vs $205.4M, roughly 1.9× COLLEGIUM PHARMACEUTICAL, INC). COLLEGIUM PHARMACEUTICAL, INC runs the higher net margin — 8.3% vs 0.8%, a 7.5% gap on every dollar of revenue. On growth, COLLEGIUM PHARMACEUTICAL, INC posted the faster year-over-year revenue change (12.9% vs 8.5%). COLLEGIUM PHARMACEUTICAL, INC produced more free cash flow last quarter ($122.4M vs $6.7M). Over the past eight quarters, COLLEGIUM PHARMACEUTICAL, INC's revenue compounded faster (19.1% CAGR vs 3.7%).

Collegium Pharmaceutical, Inc. is a specialty pharmaceutical firm focused on developing and commercializing innovative, abuse-deterrent pain management therapies. Operating primarily in the U.S. market, it offers extended-release analgesics for chronic pain patients, serving providers across primary and specialty care segments.

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...

COLL vs THRM — Head-to-Head

Bigger by revenue
THRM
THRM
1.9× larger
THRM
$382.8M
$205.4M
COLL
Growing faster (revenue YoY)
COLL
COLL
+4.5% gap
COLL
12.9%
8.5%
THRM
Higher net margin
COLL
COLL
7.5% more per $
COLL
8.3%
0.8%
THRM
More free cash flow
COLL
COLL
$115.7M more FCF
COLL
$122.4M
$6.7M
THRM
Faster 2-yr revenue CAGR
COLL
COLL
Annualised
COLL
19.1%
3.7%
THRM

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
COLL
COLL
THRM
THRM
Revenue
$205.4M
$382.8M
Net Profit
$17.0M
$3.0M
Gross Margin
62.5%
23.7%
Operating Margin
29.6%
4.6%
Net Margin
8.3%
0.8%
Revenue YoY
12.9%
8.5%
Net Profit YoY
35.3%
-80.5%
EPS (diluted)
$0.48
$0.08

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
COLL
COLL
THRM
THRM
Q4 25
$205.4M
$382.8M
Q3 25
$209.4M
$386.9M
Q2 25
$188.0M
$375.1M
Q1 25
$177.8M
$353.9M
Q4 24
$181.9M
$352.9M
Q3 24
$159.3M
$371.5M
Q2 24
$145.3M
$375.7M
Q1 24
$144.9M
$356.0M
Net Profit
COLL
COLL
THRM
THRM
Q4 25
$17.0M
$3.0M
Q3 25
$31.5M
$14.9M
Q2 25
$12.0M
$477.0K
Q1 25
$2.4M
$-128.0K
Q4 24
$12.5M
$15.3M
Q3 24
$9.3M
$16.0M
Q2 24
$19.6M
$18.9M
Q1 24
$27.7M
$14.8M
Gross Margin
COLL
COLL
THRM
THRM
Q4 25
62.5%
23.7%
Q3 25
61.7%
24.6%
Q2 25
57.7%
23.9%
Q1 25
54.8%
24.4%
Q4 24
54.0%
24.4%
Q3 24
60.8%
25.5%
Q2 24
62.5%
25.7%
Q1 24
63.1%
24.9%
Operating Margin
COLL
COLL
THRM
THRM
Q4 25
29.6%
4.6%
Q3 25
29.7%
6.2%
Q2 25
18.7%
6.4%
Q1 25
12.2%
4.8%
Q4 24
20.9%
6.7%
Q3 24
21.9%
8.7%
Q2 24
32.7%
8.8%
Q1 24
34.1%
5.1%
Net Margin
COLL
COLL
THRM
THRM
Q4 25
8.3%
0.8%
Q3 25
15.0%
3.9%
Q2 25
6.4%
0.1%
Q1 25
1.4%
-0.0%
Q4 24
6.9%
4.3%
Q3 24
5.9%
4.3%
Q2 24
13.5%
5.0%
Q1 24
19.1%
4.2%
EPS (diluted)
COLL
COLL
THRM
THRM
Q4 25
$0.48
$0.08
Q3 25
$0.84
$0.49
Q2 25
$0.34
$0.02
Q1 25
$0.07
$0.00
Q4 24
$0.36
$0.48
Q3 24
$0.27
$0.51
Q2 24
$0.52
$0.60
Q1 24
$0.71
$0.47

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
COLL
COLL
THRM
THRM
Cash + ST InvestmentsLiquidity on hand
$386.7M
$160.8M
Total DebtLower is stronger
$189.0M
Stockholders' EquityBook value
$301.7M
$720.3M
Total Assets
$1.7B
$1.4B
Debt / EquityLower = less leverage
0.26×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
COLL
COLL
THRM
THRM
Q4 25
$386.7M
$160.8M
Q3 25
$285.9M
$154.3M
Q2 25
$222.2M
$128.3M
Q1 25
$197.8M
$163.1M
Q4 24
$162.8M
$134.1M
Q3 24
$120.0M
$150.6M
Q2 24
$271.6M
$123.5M
Q1 24
$318.0M
$125.1M
Total Debt
COLL
COLL
THRM
THRM
Q4 25
$189.0M
Q3 25
$189.0M
Q2 25
$209.0M
Q1 25
$262.0M
Q4 24
$220.1M
Q3 24
$222.1M
Q2 24
$222.1M
Q1 24
$222.2M
Stockholders' Equity
COLL
COLL
THRM
THRM
Q4 25
$301.7M
$720.3M
Q3 25
$274.8M
$717.9M
Q2 25
$232.2M
$699.7M
Q1 25
$234.4M
$646.5M
Q4 24
$228.8M
$616.9M
Q3 24
$234.3M
$660.7M
Q2 24
$216.6M
$640.3M
Q1 24
$222.2M
$647.1M
Total Assets
COLL
COLL
THRM
THRM
Q4 25
$1.7B
$1.4B
Q3 25
$1.6B
$1.4B
Q2 25
$1.6B
$1.4B
Q1 25
$1.6B
$1.3B
Q4 24
$1.7B
$1.2B
Q3 24
$1.6B
$1.3B
Q2 24
$1.1B
$1.2B
Q1 24
$1.1B
$1.3B
Debt / Equity
COLL
COLL
THRM
THRM
Q4 25
0.26×
Q3 25
0.26×
Q2 25
0.30×
Q1 25
0.41×
Q4 24
0.36×
Q3 24
0.34×
Q2 24
0.35×
Q1 24
0.34×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
COLL
COLL
THRM
THRM
Operating Cash FlowLast quarter
$123.0M
$29.0M
Free Cash FlowOCF − Capex
$122.4M
$6.7M
FCF MarginFCF / Revenue
59.6%
1.7%
Capex IntensityCapex / Revenue
0.3%
5.8%
Cash ConversionOCF / Net Profit
7.25×
9.70×
TTM Free Cash FlowTrailing 4 quarters
$327.6M
$61.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
COLL
COLL
THRM
THRM
Q4 25
$123.0M
$29.0M
Q3 25
$78.4M
$56.1M
Q2 25
$72.4M
$45.0M
Q1 25
$55.4M
$-13.3M
Q4 24
$84.6M
$36.6M
Q3 24
$-9.0M
$46.3M
Q2 24
$67.4M
$37.1M
Q1 24
$61.9M
$-10.3M
Free Cash Flow
COLL
COLL
THRM
THRM
Q4 25
$122.4M
$6.7M
Q3 25
$78.3M
$46.5M
Q2 25
$72.4M
$36.2M
Q1 25
$54.6M
$-28.2M
Q4 24
$84.1M
$13.6M
Q3 24
$-9.2M
$26.6M
Q2 24
$67.1M
$17.8M
Q1 24
$61.4M
$-21.6M
FCF Margin
COLL
COLL
THRM
THRM
Q4 25
59.6%
1.7%
Q3 25
37.4%
12.0%
Q2 25
38.5%
9.6%
Q1 25
30.7%
-8.0%
Q4 24
46.2%
3.9%
Q3 24
-5.8%
7.2%
Q2 24
46.2%
4.7%
Q1 24
42.3%
-6.1%
Capex Intensity
COLL
COLL
THRM
THRM
Q4 25
0.3%
5.8%
Q3 25
0.1%
2.5%
Q2 25
0.0%
2.4%
Q1 25
0.4%
4.2%
Q4 24
0.3%
6.5%
Q3 24
0.2%
5.3%
Q2 24
0.2%
5.2%
Q1 24
0.4%
3.2%
Cash Conversion
COLL
COLL
THRM
THRM
Q4 25
7.25×
9.70×
Q3 25
2.49×
3.75×
Q2 25
6.05×
94.43×
Q1 25
22.92×
Q4 24
6.75×
2.39×
Q3 24
-0.96×
2.90×
Q2 24
3.44×
1.97×
Q1 24
2.23×
-0.70×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

COLL
COLL

Segment breakdown not available.

THRM
THRM

Climate Control Seats$200.9M52%
Lumbar And Massage Comfort Solutions$58.5M15%
Climate Control Interiors$50.3M13%
Other Automotive$27.6M7%
Valve Systems$24.1M6%
Medical Segments$13.9M4%
Climate And Comfort Electronics$7.4M2%

Related Comparisons