What is Gentherm's R&D?

Gentherm (THRM) reported R&D of $23.95M in Q1 2026.

How has Gentherm's R&D changed year-over-year?

Gentherm's R&D decreased by 1.1% year-over-year, from $24.22M to $23.95M.

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.

Costs of research activities to discover new knowledge and development activities to translate research into new or improved products, services, processes, or technologies.

Gentherm THRM R&D

R&D at other companies

StrykerSYK

$413M+2.0%

AdientADNT

$96.75M+4.0%

Sensata TechnologiesST

$31.9M-13.3%

Carrier GlobalCARR

$143M-6.5%

Energizer HoldingsENR

$7.6M-6.2%

UFP TechnologiesUFPT

$2.15M-17.3%

Segments

By segment

See full

Automotive Segments$20.88M+7.7%

Other financials

Income statement

See full

Revenue$393.7M+11.3%

Gross profit$97.2M+12.4%

Operating income$11.3M-33.9%

Net income$4.2M+3,395%

EPS (diluted)$0.14—

Balance sheet

See full

Cash & equivalents$177.4M+8.7%

Total debt$273.4M-15.2%

Total equity$716.5M+10.8%

Total assets$1.4B+6.4%

Cash flow

See full

Operating cash flow-$5.0M+62.2%

CapEx$5.7M-62.0%

Free cash flow-$10.7M+62.1%

Valuation

See full

Market cap$1.09B+3.0%

Enterprise value$1.18B-3.9%

P/E48×+26.9×

P/S0.7×0.0×

Profitability

See full

Gross margin24.2%-0.8pp

Operating margin5%-2.3pp

Net margin1.5%-2.0pp

FCF margin5.1%+3.1pp

Returns & leverage

See full

Return on equity3.3%-4.4pp

Debt / equity0.4×-0.1×

Current ratio2×-0.2×

Where this comes from

Reported directly by Gentherm in its filing.

Tagged under the XBRL concept us-gaap:ResearchAndDevelopmentExpense.

The official record: Gentherm’s 10-Q, filed April 23, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Gentherm's R&D?: Gentherm (THRM) reported R&D of $23.95M in Q1 2026.
How has Gentherm's R&D changed year-over-year?: Gentherm's R&D decreased by 1.1% year-over-year, from $24.22M to $23.95M.
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.