Gentherm (NASDAQ:THRM) reported third-quarter 2026 product revenue of $405.1 million, up 4.7% from $386.9 million a year earlier. The company recorded a GAAP net loss of $2.6 million, or $0.08 per diluted share, compared with net income of $14.9 million, or $0.49 per diluted share, in the prior-year quarter.
Gentherm updated its 2026 outlook to incorporate the expected fourth-quarter contribution from Modine Performance Technologies, whose combination with the company was completed on October 1.
- Automotive Climate and Comfort Solutions revenue rose 8.8% year over year to $346.4 million.
- Medical segment revenue increased 14.6% to $14.5 million.
- Gross margin was 23.3%, versus 24.6% in the prior-year quarter.
- Operating cash flow was $36.0 million, compared with $87.8 million a year earlier.
- Updated 2026 product-revenue guidance is $1.825 billion to $1.925 billion.
- The company repurchased $60 million of common stock in October and has about $340 million remaining under its authorization.
$THRM Insider Trading Activity
$THRM insiders have traded $THRM stock on the open market 1 times in the past 6 months. Of those trades, 0 have been purchases and 1 have been sales.
Here’s a breakdown of recent trading of $THRM stock by insiders over the last 6 months:
- WAYNE S III KAUFFMAN (SVP and General Counsel) sold 4,700 shares for an estimated $203,087
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
$THRM Hedge Fund Activity
We have seen 129 institutional investors add shares of $THRM stock to their portfolio, and 93 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- SEGALL BRYANT & HAMILL, LLC added 496,047 shares (+61.4%) to their portfolio in Q2 2026, for an estimated $16,920,163
- SIXTH STREET PARTNERS MANAGEMENT COMPANY, L.P. added 467,597 shares (+inf%) to their portfolio in Q2 2026, for an estimated $15,949,733
- GOLDMAN SACHS GROUP INC added 359,197 shares (+197.5%) to their portfolio in Q2 2026, for an estimated $12,252,209
- DEUTSCHE BANK AG\ removed 279,980 shares (-88.1%) from their portfolio in Q2 2026, for an estimated $9,550,117
- HARVEY PARTNERS, LLC added 279,576 shares (+26.7%) to their portfolio in Q2 2026, for an estimated $9,536,337
- ROYAL BANK OF CANADA removed 277,180 shares (-92.3%) from their portfolio in Q2 2026, for an estimated $9,454,609
- AMERIPRISE FINANCIAL INC added 268,219 shares (+55.6%) to their portfolio in Q2 2026, for an estimated $9,148,950
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
