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Gentherm THRM Medical Segments — Operating Income

Other segment segments

Automotive Segments
$47.19M-3.4%

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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
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
Corporate and Other Unallocated Expenses
Corporate and other unallocated expenses33,95624,52669,23347,694
Total consolidated operating income$10,689$24,009$21,974$41,070
Other Segment Disclosures

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Gentherm's medical segments — operating income?
Gentherm (THRM) reported medical segments — operating income of -$2.55M in Q2 2026.
How has Gentherm's medical segments — operating income changed year-over-year?
Gentherm's medical segments — operating income decreased by 655.8% year-over-year, from -$337K to -$2.55M.
What is the long-term trend for Gentherm's medical segments — operating income?
Over 4 years (2021 to 2025), Gentherm's medical segments — operating income has grown at a 40.1% compound annual growth rate (CAGR), from $119K to $458K.
What does medical segments — operating income mean?
Calculated as the segment's revenue minus its cost of goods sold and operating expenses, representing the core profitability of the medical business. This metric excludes interest, taxes, and corporate-level allocations to isolate the segment's operational performance. It is the primary measure of the medical segment's ability to generate sustainable profit from its core activities.

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