Gentherm Incorporated (THRM) — Financial statements
Income statement, balance sheet, and cash flow for Gentherm Incorporated — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 1,495↑2.6% | 1,456↓0.9% | 1,469↑21.9% | 1,205↑15.2% | 1,046 | |
| Cost of Revenue | 1,143↑4.9% | 1,090↓2.5% | 1,117↑20.0% | 931↑25.4% | 743 | |
| Gross Profit | 352↓4.0% | 366↑4.2% | 352↑28.5% | 274↓9.9% | 304 | |
| Operating Expenses | ||||||
| R&D Expenses | 107↓9.1% | 118↓6.3% | 126↑46.6% | 86↑14.0% | 75 | |
| General & Administrative Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Selling & Marketing Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| SG&A Expenses | 170↑9.6% | 155↓0.3% | 156↑17.2% | 133↑21.1% | 110 | |
| Other Expenses | -4↑74.0% | -14↓90.8% | -7↓202.3% | 7↑79.6% | 4 | |
| Operating Expenses | 274↑5.5% | 259↓5.4% | 274↑21.7% | 225↑19.5% | 189 | |
| Total Costs & Expenses | 1,417↑5.0% | 1,349↓3.1% | 1,392↑20.3% | 1,156↑24.2% | 931 | |
| Operating Results | ||||||
| Operating Income | 78↓27.1% | 107↑38.2% | 77↑60.3% | 48↓58.0% | 115 | |
| Depreciation & Amortization | 53↑0.5% | 53↑4.0% | 51↑14.8% | 44↑14.5% | 39 | |
| EBITDA | 103↓41.4% | 176↑15.0% | 153↑53.2% | 100↓36.8% | 158 | |
| EBIT | 50↓59.5% | 123↑20.6% | 102↑84.1% | 55↓53.5% | 119 | |
| Interest & Other Income | ||||||
| Net Interest Income | -14↑9.7% | -15↓4.5% | -15↓241.0% | -4↓55.7% | -3 | |
| Interest Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Interest Expense | 14↓9.7% | 15↑4.5% | 15↑241.0% | 4↑55.7% | 3 | |
| Non-Operating Income | 28↑282.0% | -16↑35.6% | -24↓250.0% | -7↓79.6% | -4 | |
| Other Income / Expenses | -42↓788.8% | -5↑78.9% | -22↓126.5% | -10↓760.1% | -1 | |
| Income Before Tax | 36↓65.0% | 102↑86.1% | 55↑43.2% | 38↓66.3% | 114 | |
| Income Tax Expense | 18↓53.0% | 37↑155.4% | 15↑4.8% | 14↓31.7% | 20 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 18↓71.8% | 65↑61.0% | 40↑65.1% | 24↓73.8% | 93 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 18↓71.8% | 65↑61.0% | 40↑65.1% | 24↓73.8% | 93 | |
| Bottom-Line Net Income | 18↓71.8% | 65↑61.0% | 40↑65.1% | 24↓73.8% | 93 | |
| EPS (Basic) | 0.60↓71.2% | 2.08↑69.1% | 1.23↑66.2% | 0.74↓73.8% | 2.82 | |
| EPS (Diluted) | 0.60↓70.9% | 2.06↑68.9% | 1.22↑67.1% | 0.73↓73.8% | 2.79 | |
| Weighted Average Shares | 30↓2.6% | 31↓4.5% | 33↓1.1% | 33↑0.1% | 33 | |
| Weighted Average Diluted Shares | 31↓1.7% | 31↓4.8% | 33↓1.3% | 34↓0.0% | 34 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.