Gentherm (THRM) Research & Development (2010 - 2026)
Gentherm (THRM) posted Research & Development of $24.07 million for Q2 2026, up 6.7% from $22.56 million a year earlier and up 0.5% from the prior quarter.
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Analysis
Gentherm (THRM) Research & Development (2010 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Research & Development at Gentherm was $96 million, up 5.7% year-over-year; for FY2025, it came in at $94.76 million, up 6.8% from FY2024.
- Annual Research & Development shows a five-year compound annual growth rate of 6.8% (FY2020 to FY2025).
- In prior years, Gentherm's Research & Development was $88.7 million in FY2024 (-6.0%), $94.36 million in FY2023 (+10.1%), $85.72 million in FY2022 (+14.0%) and $75.21 million in FY2021 (+10.5%).
- Quarterly Research & Development has run from a low of $18.79 million in Q4 2021 to a high of $25.15 million in Q1 2023 over five years.
- On a year-over-year basis, Research & Development increased in five of the last eight quarters, with growth averaging 3.9%.
- The strongest year-over-year quarter for Research & Development in the past five years was Q2 2023, with growth of 27.8%; the weakest was Q2 2024, with a decline of 11.5%.
- According to Business Quant data, Research & Development for the three prior quarters was $23.95 million (Q1 2026), $23.56 million (Q4 2025) and $24.43 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 372.79 Bn | 344.49 Bn | 7.76 Bn | 616.00 Mn |
| 2 | Amphenol | 207.98 Bn | 202.68 Bn | 3.55 Bn | - |
| 3 | Deere | 181.02 Bn | 189.78 Bn | 4.66 Bn | 567.00 Mn |
| 4 | Eaton | 166.86 Bn | 164.09 Bn | 2.86 Bn | 227.00 Mn |
| 5 | Parker-Hannifin | 120.45 Bn | 118.58 Bn | 2.25 Bn | - |
| 6 | Vertiv Holdings | 92.94 Bn | 83.56 Bn | 1.23 Bn | - |
| 7 | Emerson Electric | 86.56 Bn | 79.32 Bn | 2.66 Bn | - |
| 8 | 3M | 84.72 Bn | 66.18 Bn | 2.68 Bn | 302.00 Mn |
| 9 | Illinois Tool Works | 73.32 Bn | 69.88 Bn | 1.90 Bn | - |
| 10 | Gentherm | 1.02 Bn | 316.83 Mn | 96.43 Mn | 24.07 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 24.07 Mn |
| 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 |
API Access
Gentherm Research & Development API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=research-and-development&ticker=THRM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "THRM", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=research-and-development&ticker=THRM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();