Gentherm Reports 2026 Third Quarter Results
Globe Newswire•22/10/2026•06:00 ET
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Key Highlights
- ➤2026 guidance now: revenue $1.825B–$1.925B, EBITDA $210M–$230M, FCF $100M–$120M
- ➤Net loss $(2.6) million versus $14.9 million income year-over-year
- ➤Product revenues $405.1 million, up 4.7% year-over-year
- ➤Modine Performance Technologies combination completed October 1
- ➤Gentherm repurchased $60 million of common stock in October
Expert Statements
Bill Presley, President and CEO of Gentherm
“Our third quarter results were in line with expectations as we made continued progress on growth and operational excellence initiatives, while completing the Modine Performance Technologies combination on October 1”
Bill Presley, President and CEO of Gentherm
“With the completion of the transaction, we are fundamentally a different company. We are entering an exciting new phase for Gentherm with industry leading platforms and I am increasingly confident in the significant value creation opportunities ahead.”
Jon Douyard, Chief Financial Officer of Gentherm
“As expected, following the combination with Modine Performance Technologies, we remain in a strong financial position and continue to have confidence in the ability to generate significant cash moving forward”
Jon Douyard, Chief Financial Officer of Gentherm
“We believe the current share price does not reflect the value of the Company. We previously communicated our intention to repurchase shares following the Modine transaction. Since closing, we have repurchased $60 million and we remain committed to returning capital to shareholders, particularly in times of value dislocation.”
Delivered Revenue of $405 Million, up 4.4% (ex-FX) Year-over-Year
2026 Full Year Guidance Updated to Include Modine Performance Technologies
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