Gentherm (THRM) Gross Margin (2010 - 2026)
Gentherm's quarterly Gross Margin came in at 24.7% in Q1 2026, up 26.0% year-on-year from 19.6% in Q1 2025, and up 4.11% quarter-over-quarter from 23.72% in Q4 2025.
Gentherm has reported Gross Margin for 17 years, with the latest figure at 24.7% in Q1 2026.
- For the quarter ending Q1 2026, Gross Margin rose 26.0% year-over-year to 24.7%; the trailing twelve-month figure through Mar 2026 stood at 24.24% (down 80.0% YoY), and the FY2025 full-year result was 24.17%, down 100.0% from the prior year.
- Gross Margin for Q1 2026 stood at 24.7%, up from 23.72% in the prior quarter.
- The five-year high for Gross Margin was 26.24% in Q4 2023, with the low at 20.33% in Q4 2022.
- Average Gross Margin over 5 years is 24.05%, with a median of 24.13% recorded in 2022.
- Year-over-year, Gross Margin slumped 700 bps in 2022 and soared 591 bps in 2023.
- Tracing THRM's Gross Margin over 5 years: stood at 20.33% in 2022, then increased by 29 bps to 26.24% in 2023, then dropped by 7 bps to 24.4% in 2024, then declined by 3 bps to 23.72% in 2025, then gained by 4 bps to 24.7% in 2026.
- The last three Gross Margin figures came in at 24.7% (Q1 2026), 23.72% (Q4 2025), and 24.59% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | O Reilly Automotive | 76.93 Bn | 76.68 Bn | 2.35 Bn | 51.47% |
| 2 | Autozone | 56.46 Bn | 56.17 Bn | 2.24 Bn | 52.49% |
| 3 | Modine Manufacturing | 13.73 Bn | 13.64 Bn | 186.10 Mn | 23.12% |
| 4 | Borgwarner | 13.51 Bn | 13.68 Bn | 677.00 Mn | 19.16% |
| 5 | Genuine Parts | 13.47 Bn | 12.99 Bn | 2.34 Bn | 37.33% |
| 6 | Aptiv | 12.21 Bn | 9.14 Bn | 920.00 Mn | 18.09% |
| 7 | Magna International | 10.79 Bn | 9.60 Bn | 1.42 Bn | 13.71% |
| 8 | Autoliv | 9.18 Bn | 8.83 Bn | 526.00 Mn | 19.11% |
| 9 | Allison Transmission Holdings | 9.12 Bn | 8.81 Bn | 406.00 Mn | 28.88% |
| 10 | Gentherm | 999.13 Mn | 819.38 Mn | 97.23 Mn | 24.70% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 24.70% |
| Dec 31, 2025 | 23.72% |
| Sep 30, 2025 | 24.59% |
| Jun 30, 2025 | 23.93% |
| Mar 31, 2025 | 24.44% |
| Dec 31, 2024 | 24.40% |
| Sep 30, 2024 | 25.54% |
| Jun 30, 2024 | 25.74% |
| Mar 31, 2024 | 24.93% |
| Dec 31, 2023 | 26.24% |
| Sep 30, 2023 | 23.54% |
| Jun 30, 2023 | 23.63% |
| Mar 31, 2023 | 22.31% |
| Dec 31, 2022 | 20.33% |
| Sep 30, 2022 | 24.13% |
| Jun 30, 2022 | 22.77% |
| Mar 31, 2022 | 23.95% |
| Dec 31, 2021 | 27.14% |
| Sep 30, 2021 | 28.51% |
| Jun 30, 2021 | 29.78% |
| Mar 31, 2021 | 30.38% |
| Dec 31, 2020 | 32.09% |
| Sep 30, 2020 | 31.83% |
| Jun 30, 2020 | 19.65% |
| Mar 31, 2020 | 28.90% |
| Dec 31, 2019 | 28.48% |
| Sep 30, 2019 | 31.11% |
| Jun 30, 2019 | 29.88% |
| Mar 31, 2019 | 29.20% |
| Dec 31, 2018 | 27.66% |
| Sep 30, 2018 | 28.95% |
| Jun 30, 2018 | 28.94% |
| Mar 31, 2018 | 30.71% |
| Dec 31, 2017 | 32.22% |
| Sep 30, 2017 | 29.76% |
| Jun 30, 2017 | 32.18% |
| Mar 31, 2017 | 34.16% |
| Dec 31, 2016 | 33.23% |
| Sep 30, 2016 | 32.97% |
| Jun 30, 2016 | 30.72% |
| Mar 31, 2016 | 31.64% |
| Dec 31, 2015 | 32.59% |
| Sep 30, 2015 | 33.48% |
| Jun 30, 2015 | 30.78% |
| Mar 31, 2015 | 32.17% |
| Dec 31, 2014 | 30.37% |
| Sep 30, 2014 | 29.89% |
| Jun 30, 2014 | 29.47% |
| Mar 31, 2014 | 29.40% |
| Dec 31, 2013 | 27.23% |
| Sep 30, 2013 | 26.82% |
| Jun 30, 2013 | 25.01% |
| Mar 31, 2013 | 26.37% |
| Dec 31, 2012 | 25.84% |
| Sep 30, 2012 | 26.13% |
| Jun 30, 2012 | 25.17% |
| Mar 31, 2012 | 25.09% |
| Dec 31, 2011 | 26.00% |
| Sep 30, 2011 | 24.55% |
| Jun 30, 2011 | 24.92% |
| Mar 31, 2011 | 29.21% |
| Dec 31, 2010 | 29.75% |
| Sep 30, 2010 | 28.88% |
| Jun 30, 2010 | 30.21% |