Gentherm (THRM) Operating Expenses (2010 - 2026)
Gentherm (THRM) posted Operating Expenses of $85.7 million for Q2 2026, little changed on a QoQ basis from $85.9 million in Q1 2026, and up 30.39% year-over-year from $65.8 million in Q2 2025.
Analysis
Gentherm (THRM) Operating Expenses (2010 - 2026) Analysis & Trends
Gentherm has reported Operating Expenses for 17 years, with the latest figure at $85.7 million in Q2 2026.
- On a quarterly basis, Operating Expenses rose 30.39% year-over-year to $85.7 million in Q2 2026; TTM through Jun 2026 was $316.0 million, a 21.47% increase from a year earlier, with the FY2025 full-year figure at $279.5 million, up 7.73% from the prior year.
- Operating Expenses was $85.7 million for Q2 2026 at Gentherm, roughly flat from $85.9 million in the prior quarter.
- The five-year high for Operating Expenses was $85.9 million in Q1 2026, with the low at $49.9 million in Q1 2022.
- Average Operating Expenses over 5 years is $67.2 million, with a median of $65.2 million recorded in 2023.
- The sharpest annual moves came in 2023 and 2024: Operating Expenses jumped 62.01% in 2023, then decreased 23.85% in 2024.
- Over 5 years, Operating Expenses stood at $66.2 million in 2022, then slipped by 2.5% to $64.6 million in 2023, then decreased by 3.3% to $62.5 million in 2024, then gained by 16.92% to $73.0 million in 2025, then climbed by 17.4% to $85.7 million in 2026.
- The last three Operating Expenses figures came in at $85.7 million (Q2 2026), $85.9 million (Q1 2026), and $73.0 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | 3M | 84.63 Bn | 81.30 Bn | 2.68 Bn | 5.52 Bn |
| 2 | Illinois Tool Works | 75.96 Bn | 75.12 Bn | 1.90 Bn | - |
| 3 | Ametek | 53.68 Bn | 53.19 Bn | 735.04 Mn | 1.52 Bn |
| 4 | Rockwell Automation | 46.83 Bn | 46.35 Bn | 1.14 Bn | 663.00 Mn |
| 5 | Mettler Toledo International | 25.77 Bn | 25.72 Bn | 650.22 Mn | 321.77 Mn |
| 6 | Dover | 25.23 Bn | 23.47 Bn | 880.61 Mn | 488.82 Mn |
| 7 | Nordson | 17.11 Bn | 17.00 Bn | 453.73 Mn | 230.64 Mn |
| 8 | Fortive | 16.56 Bn | 16.19 Bn | 695.30 Mn | 485.40 Mn |
| 9 | RBC Bearings | 15.05 Bn | 14.92 Bn | 247.80 Mn | 107.00 Mn |
| 10 | Gentherm | 1.17 Bn | 957.95 Mn | 96.43 Mn | 85.74 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 85.74 Mn |
| Mar 31, 2026 | 85.94 Mn |
| Dec 31, 2025 | 73.03 Mn |
| Sep 30, 2025 | 71.29 Mn |
| Jun 30, 2025 | 65.75 Mn |
| Mar 31, 2025 | 69.40 Mn |
| Dec 31, 2024 | 62.46 Mn |
| Sep 30, 2024 | 62.54 Mn |
| Jun 30, 2024 | 63.71 Mn |
| Mar 31, 2024 | 70.70 Mn |
| Dec 31, 2023 | 64.59 Mn |
| Sep 30, 2023 | 62.47 Mn |
| Jun 30, 2023 | 83.67 Mn |
| Mar 31, 2023 | 63.46 Mn |
| Dec 31, 2022 | 66.25 Mn |
| Sep 30, 2022 | 57.53 Mn |
| Jun 30, 2022 | 51.64 Mn |
| Mar 31, 2022 | 49.92 Mn |
| Dec 31, 2021 | 45.48 Mn |
| Sep 30, 2021 | 48.68 Mn |