Gentherm reported record second quarter 2026 revenue of $416.2 million, an 11.0% year-over-year increase, and GAAP diluted EPS of $0.14. The company's adjusted diluted EPS of $0.75 significantly beat analyst estimates of $0.59.
Key Highlights
- Automotive Climate and Comfort Solutions revenue grew 14.1% year-over-year, outperforming relevant light vehicle production by 14 percentage points.
- Full-year 2026 revenue guidance was raised to a range of $1.55 billion to $1.65 billion, from a previous range of $1.5 billion to $1.6 billion.
- A new $400 million stock repurchase program was authorized by the board, replacing the existing program which had $110 million remaining.