Gentherm (THRM) Research & Development (2010 - 2026)
Gentherm (THRM) posted quarterly Research & Development of $23.9 million for Q1 2026, down 1.11% year-over-year from $24.2 million in Q1 2025, and up 1.66% on a QoQ basis from $23.6 million in Q4 2025.
Gentherm (THRM) Research & Development (2010 - 2026) Analysis & Trends
Gentherm (THRM) has reported Research & Development for 17 consecutive years, with $23.9 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Research & Development fell 1.11% year-over-year to $23.9 million; the TTM figure through Mar 2026 stood at $94.5 million (up 4.79% YoY), while the FY2025 annual figure was $94.8 million, up 6.83% from the prior year.
- Research & Development came in at $23.9 million for Q1 2026 at Gentherm, up from $23.6 million in the prior quarter.
- The five-year high for Research & Development was $25.1 million in Q1 2023, with the low at $19.3 million in Q2 2022.
- Average Research & Development over 5 years is $22.8 million, with a median of $23.0 million recorded in 2024.
- Across the five-year window, Research & Development increased 27.79% in 2023 and declined 11.48% in 2024, its largest moves.
- Year by year, Research & Development stood at $23.3 million in 2022, then retreated by 8.28% to $21.4 million in 2023, then retreated by 1.35% to $21.1 million in 2024, then increased by 11.76% to $23.6 million in 2025, then rose by 1.66% to $23.9 million in 2026.
- According to Business Quant data, Research & Development over the past three periods registered $23.9 million, $23.6 million, and $24.4 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Advance Auto Parts | 65.13 Bn | 62.01 Bn | 869.00 Mn | - |
| 2 | Autozone | 53.07 Bn | 52.82 Bn | 2.52 Bn | - |
| 3 | Magna International | 17.54 Bn | 16.29 Bn | 1.42 Bn | - |
| 4 | Genuine Parts | 16.15 Bn | 15.67 Bn | 2.34 Bn | - |
| 5 | Aurora Innovation | 13.77 Bn | 12.55 Bn | -5.00 Mn | 195.00 Mn |
| 6 | Borgwarner | 13.21 Bn | 13.37 Bn | 677.00 Mn | - |
| 7 | Aptiv | 12.84 Bn | 9.76 Bn | 920.00 Mn | - |
| 8 | Autoliv | 8.73 Bn | 8.37 Bn | 526.00 Mn | 120.00 Mn |
| 9 | Modine Manufacturing | 8.68 Bn | 8.59 Bn | 186.10 Mn | - |
| 10 | Gentherm | 221.52 Mn | 41.78 Mn | 97.23 Mn | 23.95 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 23.95 Mn |
| Dec 31, 2025 | 23.56 Mn |
| Sep 30, 2025 | 24.43 Mn |
| Jun 30, 2025 | 22.56 Mn |
| Mar 31, 2025 | 24.22 Mn |
| Dec 31, 2024 | 21.08 Mn |
| Sep 30, 2024 | 23.01 Mn |
| Jun 30, 2024 | 21.86 Mn |
| Mar 31, 2024 | 22.75 Mn |
| Dec 31, 2023 | 21.37 Mn |
| Sep 30, 2023 | 23.15 Mn |
| Jun 30, 2023 | 24.70 Mn |
| Mar 31, 2023 | 25.15 Mn |
| Dec 31, 2022 | 23.30 Mn |
| Sep 30, 2022 | 22.67 Mn |
| Jun 30, 2022 | 19.33 Mn |
| Mar 31, 2022 | 20.43 Mn |
| Dec 31, 2021 | 18.79 Mn |
| Sep 30, 2021 | 20.59 Mn |
| Jun 30, 2021 | 18.23 Mn |