AI brief of an SEC Form 8-K · Gentherm Incorporated (THRM)
Gentherm Q3 revenue rises 4.7% to $405.1 million; net loss of $2.6 million
Gentherm reported third-quarter 2026 product revenue of $405.1 million, up 4.7% year over year, but swung to a net loss of $2.6 million from net income of $14.9 million a year earlier. The company raised its full-year 2026 product revenue guidance to $1.825 billion to $1.925 billion and adjusted EBITDA guidance to $210 million to $230 million, reflecting the October 1 combination with Modine Performance Technologies.
Key points
- Q3 GAAP diluted loss per share was $(0.08) versus $0.49 a year earlier; adjusted diluted EPS was $0.33 versus $0.73.
- Q3 adjusted EBITDA was $45.0 million, or 11.1% of revenue, compared with $49.0 million, or 12.7%, a year earlier.
- Full-year 2026 product revenue guidance rose from $1.55 billion to $1.65 billion (July) to $1.825 billion to $1.925 billion (October).
- The company repurchased $60 million of common stock in October and has about $340 million of authorization remaining.
The filing
CompanyGentherm Incorporated (THRM)
Form8-K, current report
Filed with the SECOct 22, 2026, 6:10 AM ET
Accession number0001193125-26-428275
Written by AI on Nov 7, 2026, 11:17 PM ET, from this filing only.
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.