Gentherm (THRM) Operating Expenses (2010 - 2026)
Gentherm (THRM) recorded quarterly Operating Expenses of $85.9 million in Q1 2026, up 17.68% quarter-over-quarter from $73.0 million in Q4 2025, and up 23.83% on a YoY basis from $69.4 million in Q1 2025.
Gentherm (THRM) Operating Expenses (2010 - 2026) Analysis & Trends
Gentherm's Operating Expenses history runs 17 years deep, the most recent figure standing at $85.9 million for Q1 2026.
- In Q1 2026, Operating Expenses rose 23.83% year-over-year to $85.9 million; the TTM figure through Mar 2026 stood at $296.0 million (up 14.68% YoY), while the FY2025 annual figure was $279.5 million, up 7.73% from the prior year.
- Operating Expenses was $85.9 million for Q1 2026 at Gentherm, up from $73.0 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $85.9 million in Q1 2026 to a low of $49.9 million in Q1 2022.
- Historically, Operating Expenses has averaged $66.1 million across 5 years, with a median of $64.6 million in 2023.
- The sharpest annual moves came in 2023 and 2024: Operating Expenses soared 62.01% in 2023, then retreated 23.85% in 2024.
- A 5-year view of Operating Expenses shows it stood at $66.2 million in 2022, then decreased by 2.5% to $64.6 million in 2023, then retreated by 3.3% to $62.5 million in 2024, then rose by 16.92% to $73.0 million in 2025, then advanced by 17.68% to $85.9 million in 2026.
- The last three Operating Expenses figures came in at $85.9 million (Q1 2026), $73.0 million (Q4 2025), and $71.3 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | O Reilly Automotive | 76.00 Bn | 75.75 Bn | 2.35 Bn | 1.51 Bn |
| 2 | Autozone | 51.46 Bn | 51.20 Bn | 2.52 Bn | 341.91 Mn |
| 3 | Modine Manufacturing | 15.07 Bn | 14.98 Bn | 186.10 Mn | 93.00 Mn |
| 4 | Borgwarner | 14.88 Bn | 15.05 Bn | 677.00 Mn | 346.00 Mn |
| 5 | Genuine Parts | 14.73 Bn | 14.25 Bn | 2.34 Bn | 2.05 Bn |
| 6 | Aptiv | 13.96 Bn | 10.89 Bn | 920.00 Mn | 4.71 Bn |
| 7 | Aurora Innovation | 11.93 Bn | 10.71 Bn | -5.00 Mn | 239.00 Mn |
| 8 | Magna International | 10.79 Bn | 9.60 Bn | 1.42 Bn | 960.00 Mn |
| 9 | Allison Transmission Holdings | 10.06 Bn | 9.75 Bn | 406.00 Mn | 211.00 Mn |
| 10 | Gentherm | 1.08 Bn | 899.64 Mn | 97.23 Mn | 85.94 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | 47.54 Mn |