Gentherm Reports Q3 2026 Results with Revenue Growth and Updated Full-Year Guidance Following Modine Acquisition
Gentherm (THRM) reported third-quarter revenue of $405.1 million, a 4.4% increase excluding foreign currency impacts, outperforming light vehicle production trends. While the company saw strong growth in its Climate and Comfort Solutions segment—driven largely by the China market where domestic OEM sales exceeded global sales for the first time—profitability faced headwinds. Adjusted EBITDA fell to $45.0 million from $49.0 million in the prior year, pressured by material cost inflation and increased freight expenses. Despite margin compression, management raised its full-year guidance for both revenue ($1.825B–$1.925B) and adjusted EBITDA ($210M–$230M), reflecting the integration of the Modine acquisition. The company is targeting significant long-term scale, aiming for over $3.5 billion in revenue and $500 million in adjusted EBITDA by 2030 as it expands its thermal and flow management platforms.
Topics: Adjusted EBITDA Automotive Industry EPS Guidance Update M&A Revenue Growth
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Part of the story Equinix Reports Strong Q3 2026 Results and Raises Full-Year Guidance (49 articles)