Gentherm (THRM) Research & Development (2010 - 2026)
Gentherm (THRM) recorded quarterly Research & Development of $23.9 million in Q1 2026, up 1.66% quarter-over-quarter from $23.6 million in Q4 2025, and down 1.11% on a YoY basis from $24.2 million in Q1 2025.
Gentherm (THRM) Research & Development (2010 - 2026) Analysis & Trends
Gentherm's Research & Development history runs 17 years deep, the most recent figure standing at $23.9 million for 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 was $23.9 million for Q1 2026 at Gentherm, up from $23.6 million in the prior quarter.
- In the past five years, Research & Development ranged from a high of $25.1 million in Q1 2023 to a low of $19.3 million in Q2 2022.
- Historically, Research & Development has averaged $22.8 million across 5 years, with a median of $23.0 million in 2024.
- The sharpest annual moves came in 2023 and 2024: Research & Development advanced 27.79% in 2023, then decreased 11.48% in 2024.
- A 5-year view of Research & Development shows it stood at $23.3 million in 2022, then dropped by 8.28% to $21.4 million in 2023, then dropped by 1.35% to $21.1 million in 2024, then advanced by 11.76% to $23.6 million in 2025, then climbed by 1.66% to $23.9 million in 2026.
- The last three Research & Development figures came in at $23.9 million (Q1 2026), $23.6 million (Q4 2025), and $24.4 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | O Reilly Automotive | 76.00 Bn | 75.75 Bn | 2.35 Bn | - |
| 2 | Autozone | 51.46 Bn | 51.20 Bn | 2.52 Bn | - |
| 3 | Modine Manufacturing | 15.07 Bn | 14.98 Bn | 186.10 Mn | - |
| 4 | Borgwarner | 14.88 Bn | 15.05 Bn | 677.00 Mn | - |
| 5 | Genuine Parts | 14.73 Bn | 14.25 Bn | 2.34 Bn | - |
| 6 | Aptiv | 13.96 Bn | 10.89 Bn | 920.00 Mn | - |
| 7 | Aurora Innovation | 11.93 Bn | 10.71 Bn | -5.00 Mn | 195.00 Mn |
| 8 | Magna International | 10.79 Bn | 9.60 Bn | 1.42 Bn | - |
| 9 | Allison Transmission Holdings | 10.06 Bn | 9.75 Bn | 406.00 Mn | 54.00 Mn |
| 10 | Gentherm | 1.08 Bn | 899.64 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 |