Filing Flows › Gentherm (THRM) › Q1 2025
Gentherm (THRM) Q1 2025 earnings results (first quarter 2025)
10-Q filed Apr 24, 2025
Gentherm (THRM) reported revenue of $354M for the first quarter 2025 (Q1 2025), -0.6% from a year earlier and +0.3% from the quarter before. Operating margin was 4.8%, net loss $128K (0.0% of revenue).
Gentherm, Q1 2025: revenue $354M (-0.6% year over year), operating margin 4.8%, net loss $128K, operating cash flow −$13.3M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $354M | +0.3% | -0.6% |
| Operating profit | $17.1M | — | — |
| Net earnings | −$128K | — | — |
| Operating cash flow | −$13.3M | — | — |
What changed
Revenue was $353.9M in Q1 2025, down 1% year over year and roughly flat from the previous quarter.
Gross margin was 24.4%, down 0.5 points from a year earlier. Operating profit was $17.1M, a 4.8% margin (down 0.2 points year over year). Operating expenses fell 2% while revenue fell 1%. The quarter ended with a net loss of $128K, after a profit of $15.3M the previous quarter. Net interest and other expense of $15.0M was the main reason.
Operating cash flow was −$13.3M. Non-cash charges added back $12.9M of depreciation and amortization and $2.6M of share-based compensation. Working capital and other items used $28.8M. Capital expenditures of $14.9M exceeded it, leaving free cash flow of −$28.2M.
Questions
What was Gentherm's revenue in the first quarter 2025?
Gentherm (THRM) reported revenue of $354M for the first quarter 2025 (Q1 2025), -0.6% from a year earlier and +0.3% from the quarter before.
Was Gentherm profitable in the first quarter 2025?
Operating profit was $17.1M (4.8% of revenue) and net loss $128K.
Source: Gentherm 10-Q on SEC EDGAR.