NOVI, Mich., March 19, 2026 (GLOBE NEWSWIRE) -- Gentherm (NASDAQ: THRM), a global market leader of innovative thermal management and pneumatic comfort technologies, today announced the official product launch with KUKA Home in Asia, extending Gentherm’s scalable technology platforms beyond automotive into home furniture applications. The launch is a result of our previous announcement in October 2025. These programs highlight Gentherm’s role as a collaborative innovation partner, working closely with KUKA f ...

Company Overview - Gentherm is a global market leader in innovative thermal management and pneumatic comfort technologies [3] - The company offers automotive products such as Climate Control Seats (CCS), Climate Control Interiors (CCI™), Lumbar and Massage Comfort Solutions, and Valve Systems [3] - In the medical sector, Gentherm provides patient temperature management systems [3] - The company has over 14,000 employees across 13 countries [3] Financial Performance - In 2025, Gentherm recorded annual sales of approximately $1.5 billion [3] - The company secured $2.2 billion in new business awards in the automotive sector [3] Upcoming Events - Gentherm is scheduled to participate in the 38th Annual ROTH Conference in Dana Point, California on March 23-24, 2026 [1] - Bill Presley, President and CEO, and Jon Douyard, Executive Vice President and CFO, will host investors during this event [1]

Core Insights - Gentherm achieved record annual revenue of $1.5 billion in 2025, marking a 2.9% increase from $1.46 billion in 2024 [2][5] - The company reported a 7% year-over-year increase in full-year operating cash flow, reducing net leverage to approximately 0.2x [2][6] - Gentherm has established guidance for 2026 with a preliminary revenue outlook of approximately $1.7 billion for 2027 [2][7] Financial Performance - In Q4 2025, product revenues reached $382.8 million, an 8.5% increase from $352.9 million in Q4 2024 [6][28] - Full-year product revenues were $1,498.6 million, up 2.9% from $1,456.1 million in 2024 [6][28] - Automotive Climate and Comfort Solutions revenue increased by 11.1% year-over-year, outperforming S&P Global's light vehicle production report by 820 basis points [6][30] Profitability Metrics - Gross margin for Q4 2025 was 23.7%, down from 24.4% in the prior year, primarily due to higher material costs [6][28] - Net income for Q4 2025 was $3.0 million, a decrease from $15.3 million in Q4 2024 [6][28] - Adjusted EBITDA for the full year was $174.8 million, or 11.7% of revenue, compared to $182.9 million, or 12.6% of revenue, in the prior year [6][28] Strategic Initiatives - The company is focused on transforming its business and expanding into adjacent markets, with a planned combination with Modine Performance Technologies expected to close by the end of 2026 [3][6] - Gentherm secured automotive new business awards totaling $2.2 billion in 2025, indicating strong future growth potential [6][28] Guidance and Outlook - For 2026, Gentherm projects product revenues between $1.5 billion and $1.6 billion, with adjusted EBITDA expected to be between $175 million and $195 million [7] - The company anticipates adjusted free cash flow of $80 million to $100 million for 2026 [7]

Company Overview - Gentherm (NASDAQ: THRM) is a global market leader in innovative thermal management and pneumatic comfort technologies [4] - The company offers automotive products such as Climate Control Seats (CCS), Climate Control Interiors (CCI™), Lumbar and Massage Comfort Solutions, and Valve Systems, as well as medical products including patient temperature management systems [4] - Gentherm employs over 14,000 people across 13 countries [4] Financial Performance - Gentherm recorded annual sales of approximately $1.5 billion in 2024 [4] - The company secured $2.4 billion in new business awards in the automotive sector [4] Upcoming Events - Gentherm will report its financial results for the fourth quarter and year-end 2025 on February 19, 2026 [1] - A conference call to discuss these results will take place at 8 am (ET) on the same day [1]

Company Overview - Gentherm is a global market leader in innovative thermal management and pneumatic comfort technologies[5] - The company was founded in 1991 and is headquartered in Novi, MI[5] - Gentherm has over 14,000 employees and operates in 13 countries[5] Financial Performance (2024) - Revenue reached $1.5 billion[5] - Adjusted EBITDA was 12.6% of revenue[5] - Net leverage was 0.5x[5] - Automotive new business awards totaled $2.4 billion[5] Market Segmentation (2024 Revenue) - Automotive sector accounts for 67% of revenue[5] - Medical solutions contribute 3% of revenue[5] - Lumbar and massage comfort solutions represent 12% of revenue[5] - Valve systems make up 7% of revenue[5] - Other industries account for 11% of revenue[5] Strategic Growth Initiatives - The company is on track for $2 billion+ in Automotive New Business Awards this year[8] - Gentherm identified $300M+ lifetime revenue in target industries[8] Strategic Priorities - The company focuses on strategic priorities including channel and product expansion[8]

Core Insights - Gentherm is scheduled to participate in the Baird Global Industrial Conference, highlighting its position as a leader in thermal management and pneumatic comfort technologies [1][2]. Company Overview - Gentherm (NASDAQ: THRM) is recognized as a global market leader in innovative thermal management and pneumatic comfort technologies, with a diverse product range including Climate Control Seats (CCS®), Climate Control Interiors (CCI™), and medical temperature management systems [4]. - The company employs over 14,000 individuals across 13 countries and reported annual sales of approximately $1.5 billion in 2024, alongside securing $2.4 billion in new automotive business awards [4]. Event Details - The fireside chat at the Baird Global Industrial Conference will feature Bill Presley, President and CEO, and Jon Douyard, Executive Vice President and CFO, scheduled for November 11, 2025, at 9:05 a.m. (CT) [2]. - A live webcast of the event will be available, with a replay accessible for 90 days post-presentation on Gentherm's Investor Relations website [3].

Company Overview - Gentherm is a global market leader in innovative thermal management and pneumatic comfort technologies [4] - The company offers automotive products such as Climate Control Seats (CCS®), Climate Control Interiors (CCI™), Lumbar and Massage Comfort Solutions, and Valve Systems [4] - In the medical sector, Gentherm provides patient temperature management systems [4] - The company employs over 14,000 people across 13 countries [4] Financial Performance - Gentherm recorded annual sales of approximately $1.5 billion in 2024 [4] - The company secured $2.4 billion in new business awards in the automotive sector [4] Upcoming Events - Gentherm will report its financial results for the third quarter of 2025 on October 23, 2025 [1] - A conference call to discuss these results will take place at 8 am (ET) on the same day [1] Communication Details - The conference call can be accessed via toll-free and international dial-in numbers, with a specific conference ID [2] - A telephonic replay of the call will be available approximately two hours after the call [3]

Core Viewpoint - Gentherm, a leader in thermal management and comfort technologies, is actively engaging with investors through upcoming events in Q3 2025, highlighting its commitment to transparency and investor relations [1][2][3]. Company Overview - Gentherm (NASDAQ: THRM) specializes in innovative thermal management and pneumatic comfort technologies, with a diverse product range including Climate Control Seats (CCS®), Climate Control Interiors (CCI™), and medical temperature management systems [4]. - The company employs over 14,000 individuals across 13 countries and reported annual sales of approximately $1.5 billion in 2024, alongside securing $2.4 billion in new automotive business awards [4]. Upcoming Events - Gentherm will participate in the J.P. Morgan Auto Conference in New York City on August 12, 2025, featuring a fireside chat with key executives [2]. - A live audio webcast of the fireside chat will be available, with a replay accessible for 30 days on Gentherm's Investor Relations website [3]. - Additionally, Gentherm management will host investors at the Seaport Research Partners Annual Summer Investor Conference on August 19, 2025 [3].

Company Overview - Gentherm (NASDAQ: THRM) is a global market leader in innovative thermal management and pneumatic comfort technologies [4] - The company offers automotive products such as Climate Control Seats (CCS®), Climate Control Interiors (CCI™), Lumbar and Massage Comfort Solutions, and Valve Systems [4] - In the medical sector, Gentherm provides patient temperature management systems [4] - The company employs over 14,000 people across 13 countries [4] Financial Performance - Gentherm recorded annual sales of approximately $1.5 billion in 2024 [4] - The company secured $2.4 billion in new business awards in the automotive sector [4] Upcoming Events - Gentherm will report its financial results for the second quarter of 2025 on July 24, 2025 [1] - A conference call to discuss these results will take place at 8 am (ET) on the same day [1]

Company Overview - Gentherm is a global market leader in innovative thermal management and pneumatic comfort technologies[5] - The company was founded in 1991 and is headquartered in Novi, MI[5] - Gentherm has over 14,000 employees and operates in 13 countries[5] - The company has over 425 issued patents and products in over 1,500 vehicle makes and platforms[8] Financial Performance (2024) - Revenue was $1.5 billion[5,7] - Adjusted EBITDA was 12.6% of revenue[5] - Net leverage was 0.5x[5] - Automotive new business awards totaled $2.4 billion[5] Revenue Breakdown (2024) - Automotive climate control, seat, interiors, and electronics accounted for 67% of revenue[5] - Lumbar and massage comfort solutions represented 12% of revenue[5] - Valve systems contributed 7% of revenue[5] - Medical solutions accounted for 3% of revenue[5] - Other industries accounted for 11% of revenue[5] - North America accounted for 40% of revenue[7] - Europe accounted for 33% of revenue[7] - China accounted for 15% of revenue[7] - Rest of Asia accounted for 12% of revenue[7] Strategic Priorities - Accelerating product lifecycle management[12] - Leveraging technology portability to drive scale[12] - Implementing business process standardization[12] - Standardizing factory floor KPIs[12] - Accelerating strategic footprint plans[12] - Enhancing free cash flow generation[12]