Filing Flows › Gentherm (THRM) › Q2 2026
Gentherm (THRM) Q2 2026 earnings results (second quarter 2026)
10-Q filed Jul 23, 2026
Gentherm (THRM) reported revenue of $416M for the second quarter 2026 (Q2 2026), +11% from a year earlier and +6% from the quarter before. Operating margin was 2.6%, net earnings $4.4M (1.1% of revenue).
Gentherm, Q2 2026: revenue $416M (+11% year over year), operating margin 2.6%, net earnings $4.4M, operating cash flow $7.3M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $416M | +6% | +11% |
| Gross profit | $96.4M | -0.8% | +7% |
| Operating profit | $10.7M | -5% | -55% |
| Net earnings | $4.4M | +5% | +827% |
| Operating cash flow | $7.3M | — | -84% |
What changed
Revenue was $416.2M in Q2 2026, up 11% year over year and up 6% from the previous quarter.
Gross margin was 23.2%, down 0.8 points from Q2 2025. Operating profit was $10.7M, a 2.6% margin (down 3.8 points year over year). Operating profit fell $13.3M even though revenue rose $41.1M versus Q2 2025, so costs grew faster than sales. Operating expenses grew 30% against revenue growth of 11%. The fastest-growing cost line was Other operating costs (+183%). Net earnings were $4.4M, up 827% year over year. The effective tax rate was 39.7%.
Operating cash flow was $7.3M (down 84% year over year), 165% of net earnings. Non-cash charges added back $14.5M of depreciation and amortization and $4.7M of share-based compensation. Working capital and other items used $16.4M. Capital expenditures of $8.6M exceeded it, leaving free cash flow of −$1.2M.
Questions
What was Gentherm's revenue in the second quarter 2026?
Gentherm (THRM) reported revenue of $416M for the second quarter 2026 (Q2 2026), +11% from a year earlier and +6% from the quarter before.
Was Gentherm profitable in the second quarter 2026?
Operating profit was $10.7M (2.6% of revenue) and net earnings $4.4M.
Source: Gentherm 10-Q on SEC EDGAR.