Gentherm Inc (THRM) stock
THRMNasdaqMotor Vehicle Parts & AccessoriesFiscal year ends December 31
Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Oct 22, 2026Score 7/3044% above fair value
$28.79−0.79 (-2.67%)
Close on Nov 12, 2026Market cap $1.51BP/E –Yield –
Gentherm r&d expenses
Research and development expenses are spending on new products and technology.
Gentherm's R&D Expenses for the twelve months ending Sep 30, 2026 was $95.04M, up 3.0% year over year. For fiscal 2025 it was $94.76M, up 6.8% from the year before. Over ten years it grew 4.7% a year on average. The highest annual figure on record is $94.76M in fiscal 2025.
Annual r&d expenses
| Period | Period end | Value | Change |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $94.76M | +6.8% |
| FY2024 | Dec 31, 2024 | $88.70M | -6.0% |
| FY2023 | Dec 31, 2023 | $94.36M | +10.1% |
| FY2022 | Dec 31, 2022 | $85.72M | +14.0% |
| FY2021 | Dec 31, 2021 | $75.21M | +10.5% |
| FY2020 | Dec 31, 2020 | $68.04M | -6.1% |
| FY2019 | Dec 31, 2019 | $72.48M | -9.3% |
| FY2018 | Dec 31, 2018 | $79.90M | -3.1% |
| FY2017 | Dec 31, 2017 | $82.48M | +13.1% |
| FY2016 | Dec 31, 2016 | $72.92M | +22.3% |
| FY2015 | Dec 31, 2015 | $59.60M | +3.6% |
| FY2014 | Dec 31, 2014 | $57.53M | +15.3% |
| FY2013 | Dec 31, 2013 | $49.87M | +15.5% |
| FY2012 | Dec 31, 2012 | $43.19M | +40.8% |
| FY2011 | Dec 31, 2011 | $30.67M | +141.2% |
| FY2010 | Dec 31, 2010 | $12.71M | +57.0% |
| FY2009 | Dec 31, 2009 | $8.10M | – |
Quarterly r&d expenses
Change is against the same quarter a year earlier.
| Period | Period end | Value | Change |
|---|---|---|---|
| Q3 FY2026 | Sep 30, 2026 | $23.47M | -3.9% |
| Q2 FY2026 | Jun 30, 2026 | $24.07M | +6.7% |
| Q1 FY2026 | Mar 31, 2026 | $23.95M | -1.1% |
| Q4 FY2025 | Dec 31, 2025 | $23.56M | +11.8% |
| Q3 FY2025 | Sep 30, 2025 | $24.43M | +6.2% |
| Q2 FY2025 | Jun 30, 2025 | $22.56M | +3.2% |
| Q1 FY2025 | Mar 31, 2025 | $24.22M | +6.5% |
| Q4 FY2024 | Dec 31, 2024 | $21.08M | -1.4% |
| Q3 FY2024 | Sep 30, 2024 | $23.01M | -0.6% |
| Q2 FY2024 | Jun 30, 2024 | $21.86M | -11.5% |
| Q1 FY2024 | Mar 31, 2024 | $22.75M | -9.5% |
| Q4 FY2023 | Dec 31, 2023 | $21.37M | -8.3% |
| Q3 FY2023 | Sep 30, 2023 | $23.15M | +2.1% |
| Q2 FY2023 | Jun 30, 2023 | $24.70M | +27.8% |
| Q1 FY2023 | Mar 31, 2023 | $25.15M | +23.1% |
| Q4 FY2022 | Dec 31, 2022 | $23.30M | +24.0% |
| Q3 FY2022 | Sep 30, 2022 | $22.67M | +10.1% |
| Q2 FY2022 | Jun 30, 2022 | $19.33M | +6.0% |
| Q1 FY2022 | Mar 31, 2022 | $20.43M | +16.1% |
| Q4 FY2021 | Dec 31, 2021 | $18.79M | +11.4% |
| Q3 FY2021 | Sep 30, 2021 | $20.59M | +13.9% |
| Q2 FY2021 | Jun 30, 2021 | $18.23M | +18.8% |
| Q1 FY2021 | Mar 31, 2021 | $17.60M | -0.9% |
| Q4 FY2020 | Dec 31, 2020 | $16.87M | +8.9% |
| Q3 FY2020 | Sep 30, 2020 | $18.07M | -4.1% |
| Q2 FY2020 | Jun 30, 2020 | $15.34M | -20.3% |
| Q1 FY2020 | Mar 31, 2020 | $17.76M | -6.0% |
| Q4 FY2019 | Dec 31, 2019 | $15.49M | -6.2% |
| Q3 FY2019 | Sep 30, 2019 | $18.84M | -1.1% |
| Q2 FY2019 | Jun 30, 2019 | $19.26M | -8.4% |
| Q1 FY2019 | Mar 31, 2019 | $18.90M | -18.9% |
| Q4 FY2018 | Dec 31, 2018 | $16.52M | -24.4% |
| Q3 FY2018 | Sep 30, 2018 | $19.06M | -3.4% |
| Q2 FY2018 | Jun 30, 2018 | $21.02M | -1.8% |
| Q1 FY2018 | Mar 31, 2018 | $23.30M | +19.5% |
| Q4 FY2017 | Dec 31, 2017 | $21.85M | +18.9% |
| Q3 FY2017 | Sep 30, 2017 | $19.72M | – |
| Q2 FY2017 | Jun 30, 2017 | $21.41M | – |
| Q1 FY2017 | Mar 31, 2017 | $19.51M | – |
| Q4 FY2016 | Dec 31, 2016 | $18.37M | – |
See a number that looks wrong?