Gentherm raised its full-year 2026 guidance after reporting record quarterly product revenue of $416 million, an 11% increase from the prior year. Organic revenue growth was 9.5% excluding foreign currency translation, driven by higher automotive volumes, while Automotive Climate and Comfort Solutions revenue grew 14.1% year over year. The company secured $690 million in automotive new business awards during the quarter, bringing the year-to-date total to more than $1 billion. Adjusted EBITDA was $48.8 million, and adjusted diluted earnings per share rose 39% to $0.75. Gentherm now expects full-year revenue of $1.6 billion at the midpoint, adjusted EBITDA between $185 million and $200 million, and adjusted free cash flow of $85 million to $100 million.
Gentherm IncRecord quarterly revenue and $690M in new automotive business awards driven by higher automotive volumes.