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

Tesla, Inc. is the larger business by last-quarter revenue ($22.4B vs $382.8M, roughly 58.5× Gentherm Inc). Tesla, Inc. runs the higher net margin — 2.1% vs 0.8%, a 1.4% gap on every dollar of revenue. On growth, Tesla, Inc. posted the faster year-over-year revenue change (16.0% vs 8.5%). Tesla, Inc. produced more free cash flow last quarter ($1.4B vs $6.7M). Over the past eight quarters, Gentherm Inc's revenue compounded faster (3.7% CAGR vs -6.3%).

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...

Tesla, Inc. is an American multinational automotive and clean energy company. Headquartered in Austin, Texas, it designs, manufactures, and sells battery electric vehicles (BEVs), stationary battery energy storage devices from home to grid-scale, solar panels and solar shingles, and related products and services.

THRM vs TSLA — Head-to-Head

Bigger by revenue
TSLA
TSLA
58.5× larger
TSLA
$22.4B
$382.8M
THRM
Growing faster (revenue YoY)
TSLA
TSLA
+7.5% gap
TSLA
16.0%
8.5%
THRM
Higher net margin
TSLA
TSLA
1.4% more per $
TSLA
2.1%
0.8%
THRM
More free cash flow
TSLA
TSLA
$1.4B more FCF
TSLA
$1.4B
$6.7M
THRM
Faster 2-yr revenue CAGR
THRM
THRM
Annualised
THRM
3.7%
-6.3%
TSLA

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
THRM
THRM
TSLA
TSLA
Revenue
$382.8M
$22.4B
Net Profit
$3.0M
$477.0M
Gross Margin
23.7%
21.1%
Operating Margin
4.6%
4.2%
Net Margin
0.8%
2.1%
Revenue YoY
8.5%
16.0%
Net Profit YoY
-80.5%
17.0%
EPS (diluted)
$0.08
$0.13

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
THRM
THRM
TSLA
TSLA
Q1 26
$22.4B
Q4 25
$382.8M
$24.9B
Q3 25
$386.9M
$28.1B
Q2 25
$375.1M
$22.5B
Q1 25
$353.9M
$19.3B
Q4 24
$352.9M
$25.7B
Q3 24
$371.5M
$25.2B
Q2 24
$375.7M
$25.5B
Net Profit
THRM
THRM
TSLA
TSLA
Q1 26
$477.0M
Q4 25
$3.0M
$840.0M
Q3 25
$14.9M
$1.4B
Q2 25
$477.0K
$1.2B
Q1 25
$-128.0K
$409.0M
Q4 24
$15.3M
$2.3B
Q3 24
$16.0M
$2.2B
Q2 24
$18.9M
$1.5B
Gross Margin
THRM
THRM
TSLA
TSLA
Q1 26
21.1%
Q4 25
23.7%
20.1%
Q3 25
24.6%
18.0%
Q2 25
23.9%
17.2%
Q1 25
24.4%
16.3%
Q4 24
24.4%
16.3%
Q3 24
25.5%
19.8%
Q2 24
25.7%
18.0%
Operating Margin
THRM
THRM
TSLA
TSLA
Q1 26
4.2%
Q4 25
4.6%
5.7%
Q3 25
6.2%
5.8%
Q2 25
6.4%
4.1%
Q1 25
4.8%
2.1%
Q4 24
6.7%
6.2%
Q3 24
8.7%
10.8%
Q2 24
8.8%
6.3%
Net Margin
THRM
THRM
TSLA
TSLA
Q1 26
2.1%
Q4 25
0.8%
3.4%
Q3 25
3.9%
4.9%
Q2 25
0.1%
5.2%
Q1 25
-0.0%
2.1%
Q4 24
4.3%
9.0%
Q3 24
4.3%
8.6%
Q2 24
5.0%
5.8%
EPS (diluted)
THRM
THRM
TSLA
TSLA
Q1 26
$0.13
Q4 25
$0.08
$0.24
Q3 25
$0.49
$0.39
Q2 25
$0.02
$0.33
Q1 25
$0.00
$0.12
Q4 24
$0.48
$0.66
Q3 24
$0.51
$0.62
Q2 24
$0.60
$0.42

Balance Sheet & Financial Strength

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

Metric
THRM
THRM
TSLA
TSLA
Cash + ST InvestmentsLiquidity on hand
$160.8M
$81.7B
Total DebtLower is stronger
$189.0M
$7.5B
Stockholders' EquityBook value
$720.3M
$74.7B
Total Assets
$1.4B
$125.1B
Debt / EquityLower = less leverage
0.26×
0.10×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
THRM
THRM
TSLA
TSLA
Q1 26
$81.7B
Q4 25
$160.8M
$44.1B
Q3 25
$154.3M
$41.6B
Q2 25
$128.3M
$36.8B
Q1 25
$163.1M
$37.0B
Q4 24
$134.1M
$36.6B
Q3 24
$150.6M
$33.6B
Q2 24
$123.5M
$30.7B
Total Debt
THRM
THRM
TSLA
TSLA
Q1 26
$7.5B
Q4 25
$189.0M
$6.6B
Q3 25
$189.0M
$5.6B
Q2 25
$209.0M
$5.0B
Q1 25
$262.0M
$5.1B
Q4 24
$220.1M
$5.5B
Q3 24
$222.1M
$5.3B
Q2 24
$222.1M
$5.3B
Stockholders' Equity
THRM
THRM
TSLA
TSLA
Q1 26
$74.7B
Q4 25
$720.3M
$82.1B
Q3 25
$717.9M
$80.0B
Q2 25
$699.7M
$77.3B
Q1 25
$646.5M
$74.7B
Q4 24
$616.9M
$72.9B
Q3 24
$660.7M
$69.9B
Q2 24
$640.3M
$66.5B
Total Assets
THRM
THRM
TSLA
TSLA
Q1 26
$125.1B
Q4 25
$1.4B
$137.8B
Q3 25
$1.4B
$133.7B
Q2 25
$1.4B
$128.6B
Q1 25
$1.3B
$125.1B
Q4 24
$1.2B
$122.1B
Q3 24
$1.3B
$119.9B
Q2 24
$1.2B
$112.8B
Debt / Equity
THRM
THRM
TSLA
TSLA
Q1 26
0.10×
Q4 25
0.26×
0.08×
Q3 25
0.26×
0.07×
Q2 25
0.30×
0.06×
Q1 25
0.41×
0.07×
Q4 24
0.36×
0.08×
Q3 24
0.34×
0.08×
Q2 24
0.35×
0.08×

Cash Flow & Capital Efficiency

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

Metric
THRM
THRM
TSLA
TSLA
Operating Cash FlowLast quarter
$29.0M
$3.9B
Free Cash FlowOCF − Capex
$6.7M
$1.4B
FCF MarginFCF / Revenue
1.7%
6.5%
Capex IntensityCapex / Revenue
5.8%
11.1%
Cash ConversionOCF / Net Profit
9.70×
8.25×
TTM Free Cash FlowTrailing 4 quarters
$61.1M
$7.0B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
THRM
THRM
TSLA
TSLA
Q1 26
$3.9B
Q4 25
$29.0M
$3.8B
Q3 25
$56.1M
$6.2B
Q2 25
$45.0M
$2.5B
Q1 25
$-13.3M
$2.2B
Q4 24
$36.6M
$4.8B
Q3 24
$46.3M
$6.3B
Q2 24
$37.1M
$3.6B
Free Cash Flow
THRM
THRM
TSLA
TSLA
Q1 26
$1.4B
Q4 25
$6.7M
$1.4B
Q3 25
$46.5M
$4.0B
Q2 25
$36.2M
$146.0M
Q1 25
$-28.2M
$664.0M
Q4 24
$13.6M
$2.0B
Q3 24
$26.6M
$2.7B
Q2 24
$17.8M
$1.3B
FCF Margin
THRM
THRM
TSLA
TSLA
Q1 26
6.5%
Q4 25
1.7%
5.7%
Q3 25
12.0%
14.2%
Q2 25
9.6%
0.6%
Q1 25
-8.0%
3.4%
Q4 24
3.9%
7.9%
Q3 24
7.2%
10.9%
Q2 24
4.7%
5.3%
Capex Intensity
THRM
THRM
TSLA
TSLA
Q1 26
11.1%
Q4 25
5.8%
9.6%
Q3 25
2.5%
8.0%
Q2 25
2.4%
10.6%
Q1 25
4.2%
7.7%
Q4 24
6.5%
10.8%
Q3 24
5.3%
14.0%
Q2 24
5.2%
8.9%
Cash Conversion
THRM
THRM
TSLA
TSLA
Q1 26
8.25×
Q4 25
9.70×
4.54×
Q3 25
3.75×
4.54×
Q2 25
94.43×
2.17×
Q1 25
5.27×
Q4 24
2.39×
2.08×
Q3 24
2.90×
2.89×
Q2 24
1.97×
2.44×

Financial Flow Comparison

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

Revenue Breakdown by Segment

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%

TSLA
TSLA

Automotive Sales$15.5B69%
Services & Other$3.7B17%
Energy Generation And Storage$2.4B11%
Automotive Leasing$381.0M2%
Automotive Regulatory Credits$380.0M2%

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