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Earnings ·

Reports Q3 revenue of $405.1M and updates full-year guidance following Modine acquisition

THRMGentherm Inc

Gentherm reported third-quarter product revenues of $405.1 million, a 4.7% increase from the prior year period, with adjusted diluted earnings per share of $0.33 compared to $0.73 in the previous year. The company updated its full-year 2026 guidance upward to reflect the expected contribution from Modine Performance Technologies, which Gentherm completed acquiring on October 1. Additionally, Gentherm announced it repurchased $60 million of common stock in October under a newly authorized $400 million buyback program and returned $63.5 million to shareholders via a special cash dividend of $2.07 per share earlier in the month. The company operates as a global leader in innovative thermal and precision flow management technologies for automotive, medical, and commercial markets.

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