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Gentherm THRM Restructuring Charges
Restructuring Charges at other companies
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Where this comes from
Reported directly by Gentherm in its filing.
Tagged under the XBRL concept us-gaap:RestructuringCharges.
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 item | Three Months Ended June 30, 2026 | Three Months Ended June 30, 2025 | Six Months Ended June 30, 2026 | Six Months Ended June 30, 2025 |
|---|---|---|---|---|
| Operating expenses: | ||||
| Net research and development expenses | 24,069 | 22,558 | 48,015 | 46,774 |
| Selling, general and administrative expenses | 55,705 | 41,087 | 111,010 | 79,565 |
| Restructuring expenses, net | 5,964 | 2,108 | 12,655 | 6,622 |
| Loss on sale of land and building, net | — | — | — | 2,196 |
| Total operating expenses | 85,738 | 65,753 | 171,680 | 135,157 |
| Operating income | 10,689 | 24,009 | 21,974 | 41,070 |
| Interest expense, net | (3,290) | (4,043) | (5,923) | (7,598) |
ITEM 1. FINANCIAL STATEMENTS
FAQ
- What is Gentherm's restructuring charges?
- Gentherm (THRM) reported restructuring charges of $5.96M in Q2 2026.
- How has Gentherm's restructuring charges changed year-over-year?
- Gentherm's restructuring charges increased by 182.9% year-over-year, from $2.11M to $5.96M.
- What is the long-term trend for Gentherm's restructuring charges?
- Over 4 years (2021 to 2025), Gentherm's restructuring charges has grown at a 34.1% compound annual growth rate (CAGR), from $3.86M to $12.48M.
- What does restructuring charges mean?
- One-time costs from reorganizing operations, including employee severance, facility closure costs, contract termination fees, and asset relocation expenses.
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