THRM at a glance
Gentherm Inc (THRM, SEC CIK 903129) filed its latest 10-K annual report on February 19, 2026, a 10-Q quarterly report on July 23, 2026, an 8-K current report on October 1, 2026 and Form 4 insider filings as recently as October 6, 2026. SignalX summarizes each filing with AI and tracks the company's insider trades and institutional holders.
- For the fiscal year ended December 31, 2025 (FY2025), Gentherm Inc (THRM) reported revenue of $1.5 billion (up 2.9% from FY2024) and net income of $18.3 million. Diluted EPS was $0.59.
- As of June 30, 2026, 30 institutional investment managers tracked by SignalX reported holding Gentherm Inc (THRM) shares worth $532.5 million in 13F-HR filings.
- The most recent insider open-market sale reported on Form 4 was by Nicholas Breisacher on August 17, 2026 of 925 shares at $43.21 per share.
- In the last 90 days, THRM insiders reported 0 open-market purchases ($0) and 2 open-market sales ($243K) on Form 4, a net sale of $243K.
Source: SEC EDGAR (XBRL financial data, 13F-HR and Form 4 filings).
- Revenue · FY2025
- $1.5B
- +2.9% vs prior year
- Insiders · 90 days
- 0 buys · 2 sells
- Net −$243K
- 13F holders
- 30 funds
- $532.5M · +0 vs prior quarter
- Latest 8-K
- Oct 1, 2026
- Item 7.01 · Item 5.03 · Item 5.02
AI 10-K Annual Report Analysis
Latest 10-K, fiscal year ended Dec 31, 2025
Business Overview
- Core business model: Thermal management solutions for Automotive and Medical sectors
- New emphasis on 2024 Stock Repurchase Program with $150 million authorization over three years
- Repurchased $10 million of common stock in 2025 at average price $26.24 per share
- $110.1 million repurchase authorization remaining as of December 31, 2025
- Maintains two reportable segments: Automotive and Medical, consistent with prior year
Risk Factors
- Regulatory risk from U.S. tariffs since March 2025 with uncertain duration and impact on costs and supply chains amid ongoing trade disputes
- Geopolitical risk from Russia-Ukraine conflict and tensions in South China Sea disrupting ocean freight and potentially reducing regional automotive production
- Operational risk due to significant fixed structural costs causing high sensitivity to even small global vehicle production volume changes
- Competitive risk from fluctuating global light vehicle production: 2025 volumes up 3.7% YoY but forecasted 1.0% decrease in 2026 per S&P Global Mobility
- Financial risk from $790 million bridge loan facility to fund Modine transaction, with contingent indebtedness moving to Gentherm’s subsidiary post-merger
Management Discussion & Analysis
- Revenue $1.499B in 2025, up 2.9% YoY from $1.456B, driven by automotive volume and FX gains
- Operating income $82.7M in 2025 vs $107.0M in 2024; operating margin 5.5% vs 7.3%; gross margin 24.2% vs 25.2%
- Best segment: Lumbar and Massage Comfort Solutions revenue up 18.8% to $212.2M; worst segment: Other Automotive down 19.1% to $118.9M
- Operating cash flow $116.8M; capex $55.7M; share repurchase $10.0M; net debt repayment $31.1M in 2025
- 2026 capital expenditure guidance $45M-$55M; restructuring cash costs $10M-$13M; Modine transaction bridge loan of $790M commitment
AI summary of the THRM 10-K filed . Generated from the filing text; verify against the original.View on SEC EDGARHow to read a 10-K
AI 10-Q Quarterly Report Analysis
Latest 10-Q, quarter ended Jun 30, 2026
Risk Factors
- Risk Factors section not provided in submitted text
- New $400.0 million repurchase authorization through July 27, 2029
- Third Amended Credit Agreement dated June 29, 2026
AI summary of the THRM 10-Q filed . Generated from the filing text; verify against the original.View on SEC EDGAR10-K vs 10-Q vs 8-K
AI 8-K Current Report Analysis
The most recent material events, by 8-K item
Item 7.01: Regulation FD Disclosure
- Gentherm announced October 1, 2026 closing of the Transactions
- Exhibit 99.1 contains transaction details and related matters
Item 5.03: Amendments to Articles of Incorporation or Bylaws
- Authorized Gentherm common shares doubled from 55 million to 110 million
- Shareholder-approved amendment supports the Transactions completed September 29, 2026
Item 5.02: Departure/Appointment of Directors or Principal Officers
- Board expanded from 9 to 10 members effective October 1, 2026
- Paul Mascarenas appointed as Modine’s designated director under the Merger Agreement
Item EX-99.1: Item EX-99.1
- Combination with Modine Performance Technologies completed, creating a larger thermal and precision flow management company serving multiple end markets
- Modine shareholders received 0.44619 Gentherm shares per Modine share, owning approximately 43.62% of the combined company
Item EX-99.3: Item EX-99.3
- Performance Technologies generated Q1 fiscal 2027 sales of $277.8M, down from $285.5M, signaling modest pre-combination revenue pressure
- Net earnings attributable to Modine rose to $15.6M from $11.8M, supported by a lower effective tax rate of 20.8% versus 39.1%
Item 7.01: Regulation FD Disclosure
- September 10, 2026 press release disclosed Special Meeting shareholder-vote results
- Vote outcome could affect the company’s proposed corporate action, depending on the resolutions submitted
Item 5.07: Submission of Matters to a Vote of Security Holders
- Share issuance approved: 28,125,535 votes for versus 8,725 against, enabling merger-related stock issuance
- Charter amendment approved: 28,950,597 votes for versus 161,933 against, expanding authorized common shares for the merger
Item 8.01: Other Events
- Transactions expected to close October 1, 2026, following shareholder approvals
- Remaining customary closing conditions create limited execution risk before completion
Item EX-99.1: Item EX-99.1
- Shareholders approved the Modine Performance Technologies combination, removing the primary equity-holder approval hurdle
- Approximately 99% of votes cast backed share issuance; 94% of outstanding shares supported authorized-share increase
Item 2.02: Results of Operations and Financial Condition
- Q2 2026 financial results publicly released on July 23, 2026
- Full-year 2026 guidance updated, signaling revised management expectations
Item 7.01: Regulation FD Disclosure
- Q2 2026 results conference call scheduled for July 23, 2026 at 8:00 a.m. Eastern Time
- Management will update investors on full-year 2026 guidance
Item 8.01: Other Events
- 2024 buyback terminated July 27, 2026, with $110.1 million of authorization remaining
- New $400 million repurchase authorization through July 27, 2029, materially expanding capital-return capacity
Item EX-99.1: Item EX-99.1
- Q2 product revenue reached record $416.2M, up 11.0% year over year and 9.5% excluding foreign exchange
- Automotive Climate and Comfort Solutions grew 14.1%, outperforming relevant-market vehicle production by 14 percentage points
AI summaries of THRM 8-K current reports filed with the SEC. What 8-K item codes mean
SignalX for THRM
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Recent Insider Transactions (Form 4)
Latest reported trades by officers, directors and 10% owners
| Insider | Type | Date | Shares | Price |
|---|---|---|---|---|
| MASCARENAS PAUL ANTHONY | A | Oct 1, 2026 | 2,677 | - |
| Nicholas Breisacher | Sell | Aug 17, 2026 | 925 | $43.21 |
| Kauffman Wayne S III | Sell | Jul 29, 2026 | 4,700 | $43.21 |
| Meter Elizabeth | A | May 14, 2026 | 4,292 | - |
| Heinzmann David W | A | May 14, 2026 | 4,292 | - |
| Kowalchik Laura Michele | A | May 14, 2026 | 4,292 | - |
| Kummeth Charles R. | A | May 14, 2026 | 4,292 | - |
| Washington Kenneth E | A | May 14, 2026 | 4,292 | - |
Financial SummaryXBRL
| Metric | FY2023 | FY2024 | FY2025 |
|---|---|---|---|
| Profitability | |||
| Revenue | - | $1.5B | $1.5B |
| Gross Profit | - | $366.4M | $362.2M |
| Operating Income | - | $107.0M | $82.7M |
| Net Income | - | $64.9M | $18.3M |
| Gross Margin | - | 25.2% | 24.2% |
| Op. Margin | - | 7.3% | 5.5% |
| Net Margin | - | 4.5% | 1.2% |
| Balance Sheet | |||
| Total Assets | $1.2B | $1.2B | $1.4B |
| Equity | $644.7M | $616.9M | $720.3M |
| ROE | - | 10.5% | 2.5% |
| Per Share | |||
| EPS | - | $2.06 | $0.59 |
| Cash Flow | |||
| Operating CF | - | $109.6M | $116.8M |
| CapEx | - | $73.3M | $55.7M |
Source: XBRL data in Gentherm Inc (THRM)'s 10-K filings on SEC EDGAR, in USD. Compare across companies →
13F Fund Holdings: Quarterly Trend
Latest: Q2 2026Aggregate THRM share value held by 13F filers tracked by SignalX, by quarter.
Quarterly totals table
| Quarter | Funds | Total value |
|---|---|---|
| Q2 2026 | 30 | $532.5M |
| Q1 2026 | 30 | $401.7M |
| Q4 2025 | 29 | $521.0M |
| Q3 2025 | 30 | $491.0M |
| Q2 2025 | 30 | $413.9M |
| Q1 2025 | 26 | $258.2M |
| Q4 2024 | 21 | $355.6M |
| Q3 2024 | 19 | $195.5M |
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- Renaissance Technologies LLC−95.5K (-35%)
- Invesco Ltd−43.0K (-12%)
- Bank of America Corp−15.0K (-5%)
- Prudential Financial−8.4K (-18%)
- Mangrove Partners+7.4K
- Two Sigma Investments−81.6K
Source: 13F-HR filings on SEC EDGAR (aggregated from 215 fund-quarter rows). Reflects only 13F filers tracked by SignalX, not the full institutional ownership universe. How 13F filings work
THRM filing archive
AI analysis pages for each 10-K, 10-Q and 8-K
10-K annual reports
10-Q quarterly reports
Latest 2026 SEC Filings: 10-K, 10-Q, 8-K & Form 4
| Form | Filing date | Period | Analysis | SEC |
|---|---|---|---|---|
| 4 | Oct 6, 2026 | - | - | - |
| 8-K | Oct 1, 2026 | - | Analysis | - |
| 8-K | Sep 11, 2026 | - | Analysis | - |
| 4 | Aug 18, 2026 | - | - | - |
| 4 | Jul 30, 2026 | - | - | - |
| 10-Q | Jul 23, 2026 | Jun 30, 2026 | Analysis | |
| 8-K | Jul 23, 2026 | - | Analysis | - |
| SC 13G | Jul 14, 2026 | - | - | |
| 8-K | Jul 2, 2026 | - | Analysis | - |
| 8-K | May 19, 2026 | - | Analysis | |
| 4 | May 15, 2026 | - | - | |
| 4 | May 15, 2026 | - | - | |
| 4 | May 15, 2026 | - | - | |
| 4 | May 15, 2026 | - | - | |
| 4 | May 15, 2026 | - | - | |
| 4 | May 15, 2026 | - | - | |
| 4 | May 15, 2026 | - | - | |
| 4 | May 15, 2026 | - | - | |
| SC 13G | Apr 29, 2026 | - | - | |
| 10-Q | Apr 23, 2026 | Mar 31, 2026 | Analysis | |
| 8-K | Apr 23, 2026 | - | Analysis | - |
| 8-K | Apr 23, 2026 | - | Analysis | - |
| 4 | Mar 25, 2026 | - | - | - |
| 4 | Mar 25, 2026 | - | - | - |
| 4 | Mar 25, 2026 | - | - | - |
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THRM SEC filings: frequently asked questions
Are THRM insiders buying or selling?
In the last 90 days, Gentherm Inc (THRM) officers, directors and 10% owners reported no open-market purchases and 2 open-market sales worth $243,056 by 2 insiders on Form 4. Many insider sales are pre-planned or for taxes, so purchases usually carry more information.
Which institutions hold THRM stock?
As of June 30, 2026, the largest Gentherm Inc (THRM) holders among the 13F filers tracked by SignalX were BlackRock ($165.0 million), Vanguard Portfolio Management LLC ($65.9 million), Dimensional Fund Advisors ($53.5 million), State Street Corp ($44.7 million), Vanguard Capital Management LLC ($44.5 million). 13F-HR reports are filed up to 45 days after each quarter ends.
What was THRM's revenue in fiscal year 2025?
For the fiscal year ended December 31, 2025 (FY2025), Gentherm Inc (THRM) reported revenue of $1.5 billion (up 2.9% from FY2024) and net income of $18.3 million. Diluted EPS was $0.59. The figures come from the XBRL data in the 10-K.
What are the main risks in THRM's latest 10-K?
In the 10-K filed February 19, 2026, Gentherm Inc (THRM) flagged: Regulatory risk from U.S. tariffs since March 2025 with uncertain duration and impact on costs and supply chains amid ongoing trade disputes. Geopolitical risk from Russia-Ukraine conflict and tensions in South China Sea disrupting ocean freight and potentially reducing regional automotive production. (AI summary of the Risk Factors section.)
What did THRM report in its latest 8-K?
Gentherm Inc (THRM) filed an 8-K on October 1, 2026 reporting Item 7.01 (Regulation FD Disclosure), Item 5.03 (Amendments to Articles of Incorporation or Bylaws) and Item 5.02 (Departure/Appointment of Directors or Principal Officers). Gentherm announced October 1, 2026 closing of the Transactions.
What are the latest THRM SEC filings?
Gentherm Inc (THRM) filed its latest 10-K annual report on February 19, 2026, a 10-Q quarterly report on July 23, 2026, an 8-K current report on October 1, 2026 and a Form 4 insider filing on October 6, 2026.
What is THRM's SEC CIK number?
Gentherm Inc (THRM)'s SEC Central Index Key (CIK) is 903129. EDGAR lists every THRM filing under that number.
Ask anything about THRM
The research agent reads THRM's filings, financials, insider trades and 13F holders, then answers with sources.