Gentherm (THRM) Gross Margin (2010 - 2026)

Gentherm (THRM) has reported Gross Margin for 17 consecutive years, with 24.7% the latest figure, recorded in Q1 2026.

• In Q1 2026, Gross Margin rose 26.0% year-over-year to 24.7%; the TTM figure through Mar 2026 stood at 24.24% (down 80.0% YoY), while the FY2025 annual figure was 24.17%, down 100.0% from the prior year.
• Gross Margin came in at 24.7% for Q1 2026 at Gentherm, 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.
• Across the five-year window, Gross Margin tumbled 700 bps in 2022 and jumped 591 bps in 2023, its largest moves.
• Year by year, Gross Margin stood at 20.33% in 2022, then gained by 29 bps to 26.24% in 2023, then fell by 7 bps to 24.4% in 2024, then retreated by 3 bps to 23.72% in 2025, then climbed by 4 bps to 24.7% in 2026.
• According to Business Quant data, Gross Margin over the past three periods registered 24.7%, 23.72%, and 24.59% for Q1 2026, Q4 2025, and Q3 2025 respectively.