Gentherm (THRM) Research & Development (2009 - 2026)
Gentherm (THRM) posted Research & Development of $23.47 million for Q3 2026, down 3.9% from $24.43 million a year earlier and down 2.5% from the prior quarter.
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Analysis
Gentherm (THRM) Research & Development (2009 - 2026) Analysis & Trends
For the trailing twelve months through Sep 30, 2026, Research & Development at Gentherm was $95.04 million, up 3.0% 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%).
- The Q3 2026 figure stands as the lowest quarterly Research & Development since Q2 2025.
- On a year-over-year basis, Research & Development increased in five of the last eight quarters, with growth averaging 3.5%.
- 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 $24.07 million (Q2 2026), $23.95 million (Q1 2026) and $23.56 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 267.46 Bn | 238.77 Bn | 7.35 Bn | 596.00 Mn |
| 2 | Amphenol | 197.37 Bn | 192.21 Bn | 4.02 Bn | - |
| 3 | Deere | 185.36 Bn | 194.13 Bn | 4.66 Bn | 567.00 Mn |
| 4 | Eaton | 137.64 Bn | 134.62 Bn | 3.11 Bn | 238.00 Mn |
| 5 | Parker-Hannifin | 121.80 Bn | 119.79 Bn | 2.26 Bn | - |
| 6 | 3M | 97.84 Bn | 80.25 Bn | 2.78 Bn | 304.00 Mn |
| 7 | Emerson Electric | 93.37 Bn | 85.86 Bn | 2.74 Bn | - |
| 8 | Illinois Tool Works | 81.86 Bn | 78.53 Bn | 1.91 Bn | - |
| 9 | Vertiv Holdings | 74.77 Bn | 63.62 Bn | 1.64 Bn | - |
| 10 | Gentherm | 914.57 Mn | 111.07 Mn | 94.30 Mn | 23.47 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 23.47 Mn |
| 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 |
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();