Filing Flows › Gentherm (THRM) › Q2 2026 › vs Q2 2025
Gentherm (THRM) Q2 2026 vs Q2 2025 (year over year)
Gentherm's revenue rose $41.1M (+11%) from $375M in Q2 2025 to $416M in Q2 2026. Gross margin 23.2% against 23.9% (-0.8 pts).
Gentherm, Q2 2026: revenue $416M (+11% year over year), operating margin 2.6%, net earnings $4.4M, operating cash flow $7.3M. The chart draws each line against Q2 2025, the increases inside each band.
Margins
| Q2 2026 | Q2 2025 | Change | |
|---|---|---|---|
| Gross margin | 23.2% | 23.9% | -0.8 pts |
| Operating margin | 2.6% | 6.4% | -3.8 pts |
| Net margin | 1.1% | 0.1% | +0.9 pts |
Every line
| Line | Q2 2026 | Q2 2025 | Change | % |
|---|---|---|---|---|
| Revenue | $416M | $375M | $41.1M | +11% |
| Gross profit | $96.4M | $89.8M | $6.7M | +7% |
| Cost of revenue | $320M | $285M | $34.4M | +12% |
| Operating profit | $10.7M | $24.0M | −$13.3M | -55% |
| Operating expenses | $85.7M | $65.8M | $20.0M | +30% |
| Pre-tax earnings | $7.3M | $2.5M | $4.8M | +189% |
| Other expense, net | $3.4M | $21.5M | −$18.1M | -84% |
| Research & development | $24.1M | $22.6M | $1.5M | +7% |
| SG&A | $55.7M | $41.1M | $14.6M | +36% |
| Other operating costs | $6.0M | $2.1M | $3.9M | +183% |
| Net earnings | $4.4M | $477K | $3.9M | +827% |
| Income tax | $2.9M | $2.1M | $847K | +41% |
| Operating cash sources | $23.7M | $17.6M | $6.1M | +34% |
| Depreciation & amortization | $14.5M | $13.2M | $1.4M | +10% |
| Share-based compensation | $4.7M | $4.0M | $755K | +19% |
| Working capital & other | $16.4M | −$27.4M | $43.8M | — |
| Operating cash flow | $7.3M | $45.0M | −$37.7M | -84% |
| Capital expenditures | $8.6M | $8.9M | −$305K | -3% |
| Negative free cash flow (OCF − capex) | $1.2M | −$36.2M | $37.4M | — |
Questions
How much did Gentherm's revenue grow year over year in Q2 2026?
Gentherm's revenue rose $41.1M (+11%) from $375M in Q2 2025 to $416M in Q2 2026. Gross margin 23.2% against 23.9% (-0.8 pts).