Thermal tech firm Gentherm posts higher Q3 revenue, raises guidance

Gentherm

23/10/2025 11:09

Overview

Gentherm Q3 revenue rises 4.1% to $387 mln, adjusted EBITDA beats estimates

Company secured $745 mln in automotive new business awards in Q3

Gentherm raises 2025 full-year revenue guidance midpoint

Outlook

Gentherm raises full-year 2025 revenue guidance to $1.47 bln-$1.49 bln

Adjusted EBITDA margin guidance revised to 11.9%-12.3% for 2025

Capital expenditures guidance lowered to $45 mln-$55 mln for 2025

Result Drivers

NEW BUSINESS AWARDS - Secured $745 mln in automotive new business awards, including a contract with Mercedes-Benz for lumbar and massage solutions

CHINA MARKET - Increased take rates in China and new program launches contributed to revenue growth

GROSS MARGIN DECLINE - Decrease in gross margin driven by higher material costs and prior year adjustments

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Product Revenue
$387 mln
Q3 EPS
$0.49
Q3 Adjusted EBITDA
Beat
$49 mln
$45.50 mln (4 Analysts)
Q3 Gross Margin
24.60%


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", 3 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the auto, truck & motorcycle parts peer group is "buy"

Wall Street's median 12-month price target for Gentherm Inc is $43.00, about 18.4% above its October 21 closing price of $35.09

The stock recently traded at 14 times the next 12-month earnings vs. a P/E of 12 three months ago

Press Release: ID:nGNX6YPGTw

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)