Filing Flows › Gentherm (THRM) › Q3 2026
Gentherm (THRM) Q3 2026 earnings results (third quarter 2026)
10-Q filed Oct 22, 2026
Gentherm (THRM) reported revenue of $405M for the third quarter 2026 (Q3 2026), +5% from a year earlier and -3% from the quarter before. Operating margin was 3.5%, net loss $2.6M (0.6% of revenue).
Gentherm, Q3 2026: revenue $405M (+5% year over year), operating margin 3.5%, net loss $2.6M, operating cash flow $33.7M. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $405M | -3% | +5% |
| Operating profit | $14.4M | +34% | -40% |
| Net earnings | −$2.6M | -159% | -117% |
| Operating cash flow | $33.7M | +361% | -40% |
| Free cash flow | $25.4M | — | -45% |
What changed
Revenue was $405.1M in Q3 2026, up 5% year over year and down 3% from the previous quarter.
Gross margin was 23.3%, down 1.3 points from Q3 2025. Operating profit was $14.4M, a 3.5% margin (down 2.6 points year over year). Operating profit fell $9.5M even though revenue rose $18.2M versus Q3 2025, so costs grew faster than sales. Operating expenses grew 12% against revenue growth of 5%. The fastest-growing cost line was Other operating costs (+21%). The quarter ended with a net loss of $2.6M, after a profit of $4.4M the previous quarter. Net interest and other expense of $3.5M was the main reason.
Operating cash flow was $33.7M (down 40% year over year). Non-cash charges added back $15.5M of depreciation and amortization and $2.9M of share-based compensation. Working capital and other items added $17.9M. After purchases of property and equipment, net ($8.3M), free cash flow as the company reports it was $25.4M.
Questions
What was Gentherm's revenue in the third quarter 2026?
Gentherm (THRM) reported revenue of $405M for the third quarter 2026 (Q3 2026), +5% from a year earlier and -3% from the quarter before.
Was Gentherm profitable in the third quarter 2026?
Operating profit was $14.4M (3.5% of revenue) and net loss $2.6M.
Source: Gentherm 10-Q on SEC EDGAR.