Gentherm (THRM) Gross Margin (2010 - 2026)

Gentherm's Gross Margin history runs 17 years deep, the most recent figure standing at 24.7% for 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 was 24.7% for Q1 2026 at Gentherm, up from 23.72% in the prior quarter.
• In the past five years, Gross Margin ranged from a high of 26.24% in Q4 2023 to a low of 20.33% in Q4 2022.
• Historically, Gross Margin has averaged 24.05% across 5 years, with a median of 24.13% in 2022.
• The sharpest annual moves came in 2022 and 2023: Gross Margin slumped 700 bps in 2022, then jumped 591 bps in 2023.
• A 5-year view of Gross Margin shows it stood at 20.33% in 2022, then grew by 29 bps to 26.24% in 2023, then slipped by 7 bps to 24.4% in 2024, then dropped by 3 bps to 23.72% in 2025, then rose 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.