Gentherm posts Q3 loss, raises full‑year revenue guidance after Modine acquisition
Gentherm reported third‑quarter 2026 product revenue of $405.1 million, up 4.7% year‑over‑year on a reported basis and 4.4% excluding foreign‑currency effects. The quarter ended with a net loss of $2.6 million and adjusted earnings of $0.33 per share, while GAAP EPS was $(0.08). Following the completion of the Modine Performance Technologies combination, the company lifted its 2026 revenue outlook to a range of $1.825 billion‑$1.925 billion and adjusted EBITDA guidance to $210 million‑$230 million. It also repurchased $60 million of stock in October, and the shares fell about 7% in pre‑market trading.
Why it matters
The higher revenue and EBITDA guidance signals additional cash flow potential for the combined business, but the earnings miss and share‑price decline highlight short‑term profitability pressure. Investors will watch whether the Modine integration delivers the expected $275 million Q4 revenue contribution and margin expansion.
Key facts
- 1Q3 product revenue was $405.1 million, up 4.7% YoY on a reported basis. stocktitan.net
- 2Q3 product revenue was $405 million, up 4.4% YoY excluding foreign‑currency effects. tradingview.com
- 3Net loss for the quarter was $2.6 million. stocktitan.net
- 4Adjusted EPS was $0.33 per share; GAAP EPS was $(0.08) per share. stocktitan.net
- 5Adjusted EBITDA for the quarter was $45.0 million, equal to 11.1% of revenue. stocktitan.net
- 6Full‑year 2026 product revenue guidance was raised to $1.825 billion‑$1.925 billion. quiverquant.com
Open questions
- Revenue guidance ranges differ across materials: $1.82B‑$1.92B, $1.83B‑$1.93B, $1.825B‑$1.925B.
Summary written by AlphAI AI Desk from 14 of 14 sources. Not investment advice. Figures are as stated by the linked sources.