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R&D at other companies

Stryker logo
StrykerSYK
$434M+6.6%
Adient logo
AdientADNT
$96.75M+4.0%
ST
Sensata TechnologiesST
$31.9M-2.1%
Carrier Global logo
Carrier GlobalCARR
$148M-8.1%
Energizer Holdings logo
Energizer HoldingsENR
$7.6M-6.2%
UFP Technologies logo
UFP TechnologiesUFPT
$2.15M-17.3%

Segments

By segment

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Automotive Segments$19.84M+11.3%

Other financials

Income statement

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Revenue$416.2M+11.0%
Gross profit$96.4M+7.4%
Operating income$10.7M-55.5%
Net income$4.4M+827%
EPS (diluted)$0.14+600%

Balance sheet

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Cash & equivalents$213.2M+66.2%
Total debt$325.1M+20.3%
Total equity$723.1M+3.3%
Total assets$1.5B+9.7%

Cash flow

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Operating cash flow$7.3M-83.8%
CapEx$8.6M-3.4%
Free cash flow-$1.2M-103%

Valuation

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Market cap$1.27B+27.0%
Enterprise value$1.38B+21.0%
P/E47.7×+16.1×
P/S0.8×+0.1×

Profitability

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Gross margin24%-0.5pp
Operating margin4%-2.7pp
Net margin1.7%-0.5pp
FCF margin2.6%-0.7pp

Returns & leverage

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Return on equity3.7%-1.0pp
Debt / equity0.4×+0.1×
Current ratio2.1×+0.1×

Where this comes from

Reported directly by Gentherm in its filing.

Tagged under the XBRL concept us-gaap:ResearchAndDevelopmentExpense.

The source filing: Gentherm’s 10-Q, filed July 23, 2026.

Filed
Jul 23, 2026, 4:29 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001193125-26-314184
Line itemThree Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Cost of sales319,739285,328616,218552,717
Gross margin96,42789,762193,654176,227
Operating expenses:
Net research and development expenses24,06922,55848,01546,774
Selling, general and administrative expenses55,70541,087111,01079,565
Restructuring expenses, net5,9642,10812,6556,622
Loss on sale of land and building, net2,196
Total operating expenses85,73865,753171,680135,157

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Gentherm's R&D?
Gentherm (THRM) reported R&D of $24.07M in Q2 2026.
How has Gentherm's R&D changed year-over-year?
Gentherm's R&D increased by 6.7% year-over-year, from $22.56M to $24.07M.
What is the long-term trend for Gentherm's R&D?
Over 4 years (2021 to 2025), Gentherm's R&D has grown at a 5.9% compound annual growth rate (CAGR), from $75.21M to $94.76M.
What does R&D mean?
Costs of research activities to discover new knowledge and development activities to translate research into new or improved products, services, processes, or technologies.

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