Gentherm Reports Financial Results for Q1 2026
Company Overview: Gentherm is a global leader in thermal management and pneumatic comfort technologies, recently announcing a transformational combination with Modine Performance Technologies expected to close by the end of 2026.
Financial Performance: For Q1 2026, Gentherm reported product revenues of $393.7 million and diluted earnings per share (EPS) of $0.14, with adjusted diluted EPS at $0.84 and a gross margin of 24.7%.
EBITDA and Awards: The company achieved an adjusted EBITDA of $49.3 million, representing 12.5% of revenue, and secured automotive new business awards totaling $395 million during the quarter.
Content Disclaimer: The article was generated with AI assistance and is for informational purposes only, not to be considered as investment advice.
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