Gentherm Q1 revenue rises 11.3% to $394 million; net income $4.2 million
Gentherm reported first-quarter 2026 product revenue of $393.7 million, up 11.3% from a year earlier (7.2% excluding currency effects), and net income of $4.2 million versus a $0.1 million loss in the prior-year quarter. Full-year 2026 guidance was left unchanged, and the company said its planned combination with Modine Performance Technologies remains on track to close by the end of 2026.
Key points
- Product revenue $393.7 million, up 11.3% from $353.9 million; up 7.2% excluding foreign currency translation
- Net income $4.2 million vs. $(0.1) million; GAAP diluted EPS $0.14 vs. $(0.00); adjusted diluted EPS $0.84 vs. $0.51
- Adjusted EBITDA $49.3 million (12.5% of revenue) vs. $39.3 million (11.1%); cash flow from operations $(5.0) million vs. $(13.3) million
- 2026 guidance unchanged: product revenue $1.5 billion to $1.6 billion, adjusted EBITDA $175 million to $195 million
The filing
Written by AI on Nov 8, 2026, 6:57 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on April 23, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.