Gentherm Incorporated (THRM)

Gentherm Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	1,453	1,456	1,469	1,205	1,046	913.1
Revenue Growth (YoY)	-0.78%	-0.88%	21.95%	15.15%	14.57%	-6.03%
Cost of Revenue	1,096	1,090	1,117	931.01	742.52	644.99
Gross Profit	357.2	366.43	351.62	273.65	303.63	268.1
Selling, General & Admin	154.54	155.11	155.58	132.69	109.55	105.04
Research & Development	90.87	88.7	94.36	85.72	75.21	68.04
Operating Expenses	245.41	243.81	249.94	218.42	184.77	173.08
Operating Income	111.8	122.63	101.69	55.24	118.86	95.02
Interest Expense	-15.65	-15.3	-14.64	-4.29	-2.76	-4.56
Currency Exchange Gain (Loss)	-20.4	9.6	-5.92	-6.78	1.49	-5.44
Other Non Operating Income (Expenses)	-0.86	0.95	-1.93	1.15	0.12	0.36
EBT Excluding Unusual Items	74.89	117.88	79.2	45.31	117.71	85.38
Merger & Restructuring Charges	-10.05	-13.11	-4.74	-0.64	-3.86	-5.8
Impairment of Goodwill	-	-	-19.51	-	-	-
Gain (Loss) on Sale of Assets	-2.2	-	-	-	-	1.98
Asset Writedown	-2.5	-2.5	-	-6.29	-	-
Pretax Income	60.14	102.27	54.95	38.38	113.85	81.56
Income Tax Expense	28.5	37.32	14.61	13.94	20.42	21.87
Net Income	31.64	64.95	40.34	24.44	93.43	59.69
Net Income to Common	31.64	64.95	40.34	24.44	93.43	59.69
Net Income Growth	-53.20%	60.99%	65.06%	-73.84%	56.53%	22.15%
Shares Outstanding (Basic)	31	31	33	33	33	33
Shares Outstanding (Diluted)	31	31	33	34	34	33
Shares Change (YoY)	-3.88%	-4.81%	-1.30%	-0.02%	1.46%	-0.81%
EPS (Basic)	1.02	2.08	1.23	0.74	2.82	1.83
EPS (Diluted)	1.02	2.06	1.22	0.73	2.79	1.81
EPS Growth	-51.49%	68.85%	67.12%	-73.83%	54.14%	23.13%
Free Cash Flow	48.19	36.33	81.66	-24.76	104.61	93.48
Free Cash Flow Per Share	1.55	1.15	2.47	-0.74	3.12	2.83
Gross Margin	24.58%	25.16%	23.94%	22.72%	29.02%	29.36%
Operating Margin	7.69%	8.42%	6.92%	4.58%	11.36%	10.41%
Profit Margin	2.18%	4.46%	2.75%	2.03%	8.93%	6.54%
Free Cash Flow Margin	3.31%	2.50%	5.56%	-2.05%	10.00%	10.24%
EBITDA	164.13	175.6	152.64	99.63	157.64	136.13
EBITDA Margin	11.29%	12.06%	10.39%	8.27%	15.07%	14.91%
D&A For EBITDA	52.33	52.98	50.95	44.39	38.78	41.11
EBIT	111.8	122.63	101.69	55.24	118.86	95.02
EBIT Margin	7.69%	8.42%	6.92%	4.58%	11.36%	10.41%
Effective Tax Rate	47.39%	36.49%	26.59%	36.32%	17.93%	26.81%

Updated Jul 24, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q