The stock will likely react negatively to the large GAAP EPS miss despite strong revenue and adjusted results. Monitor the Modine combination timeline and next quarter's GAAP profitability once merger costs subside. Reaffirmed guidance suggests underlying business is stable.
Price Chart
Executive Summary
Gentherm reported Q1 2026 revenue of $393.7M (+11.3% YoY, +7.2% ex-FX) but GAAP EPS of $0.14 missed consensus of $0.51, driven by $14.8M in merger-related expenses. The company reaffirmed 2026 guidance and remains on track to close its transformational combination with Modine Performance Technologies by year-end.
Key Financial Metrics
Key Facts
- GAAP diluted EPS was $0.14, missing consensus of $0.51 by 72.5%
- Revenue of $393.7M beat expectations of $362.2M and grew 11.3% YoY (7.2% ex-FX)
- Adjusted EPS was $0.84, significantly above consensus, but not the Street-traded metric
- Merger and acquisition expenses totaled $14.8M, the primary driver of the GAAP loss
- Company reaffirmed full-year 2026 guidance: $1.5B–$1.6B revenue, $175M–$195M Adjusted EBITDA
- Announced combination with Modine Performance Technologies remains on track to close in 2026
Financial Impact
GAAP net income was only $4.2M despite $394M in revenue due to $14.8M in merger-related costs; Adjusted EBITDA of $49.3M (12.5% margin) reflects underlying strength
Risk Factors
- Execution risk in closing and integrating the Modine Performance Technologies deal
- Near-term volatility from merger-related expenses masking underlying profitability
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 press release from GlobeNewswire.
| Document | Accession Number |
|---|---|
| PRESS-RELEASE Data (Synthetic) | press-3279676 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 11, 2026 21d ago | 8-K | $38.85 $36.35 | ▼ −6.43% | ▼ −6.21% | $31.30 (−19.43%) |
Sep 10, 2026 22d ago | Press Release | $38.33 $37.66 | ▼ −1.75% | ▼ −1.25% | $31.30 (−18.34%) |
Aug 13, 2026 7w ago | EFFECT | $43.07 $40.67 | ▼ −5.57% | ▼ −3.61% | $31.30 (−27.33%) |
Jul 23, 2026 10w ago | 425 / 8-K | $45.61 $42.32 | ▼ −7.21% | ▼ −7.69% | $31.30 (−31.37%) |
Jul 23, 2026 10w ago | Press Release | $45.61 $42.32 | ▼ −7.21% | ▼ −7.69% | $31.30 (−31.37%) |
Jul 22, 2026 10w ago | Press Release | $45.61 $42.32 | ▼ −7.21% | ▼ −7.69% | $31.30 (−31.37%) |
Jul 20, 2026 10w ago | Press Release | $36.64 $42.07 | ▲ +14.82% | ▲ +16.05% | $31.30 (−14.57%) |
Jul 7, 2026 12w ago | Press Release | $34.48 $35.89 | ▲ +4.09% | ▲ +3.23% | $31.30 (−9.22%) |
Jul 2, 2026 13w ago | 425 | $33.88 $35.68 | ▲ +5.31% | ▲ +4.38% | $31.30 (−7.62%) |
Jul 2, 2026 13w ago | 8-K | $33.88 $35.68 | ▲ +5.31% | ▲ +4.38% | $31.30 (−7.62%) |
US Market Status
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