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Gentherm THRM Automotive Segments — Operating Income

Other segment segments

Medical Segments
-$2.55M-656%

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JANSegments Total — Operating Income
-$6.69M-195%
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MLMReportable Segments — Operating Income
$222M-2.6%

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:OperatingIncomeLoss.

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
Selling, general and administrative expenses19,44316,81436,99432,533
Restructuring expenses, net5,6511,92411,6996,438
Loss on sale of land and building, net2,196
Automotive operating income47,19248,87294,49888,706
Medical
Cost of sales7,0485,72913,14712,005
Other operating expenses6,8505,84613,03511,155
Medical operating (loss) income(2,547)(337)(3,291)58

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Gentherm's automotive segments — operating income?
Gentherm (THRM) reported automotive segments — operating income of $47.19M in Q2 2026.
How has Gentherm's automotive segments — operating income changed year-over-year?
Gentherm's automotive segments — operating income decreased by 3.4% year-over-year, from $48.87M to $47.19M.
What is the long-term trend for Gentherm's automotive segments — operating income?
Over 4 years (2021 to 2025), Gentherm's automotive segments — operating income has grown at a 3.0% compound annual growth rate (CAGR), from $163M to $183.4M.
What does automotive segments — operating income mean?
This metric represents the profit or loss generated by the automotive segment after deducting operating expenses from revenue. It serves as the primary measure of the segment's core operational performance, excluding interest, taxes, and non-operating items.

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