Gentherm (THRM) Revenue & Revenue Breakdown

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Gentherm Revenue Highlights

Latest Revenue (Y)

$1.47B

Latest Revenue (Q)

$1.19B

Main Segment (Y)

Automotive Segments

Main Geography (Y)

Non-US

Gentherm Revenue by Period

Gentherm Revenue by Year

Date	Revenue	Change
2023-12-31	$1.47B	21.95%
2022-12-31	$1.20B	15.15%
2021-12-31	$1.05B	14.57%
2020-12-31	$913.10M	-6.03%
2019-12-31	$971.68M	-6.41%
2018-12-31	$1.04B	5.33%
2017-12-31	$985.68M	7.42%
2016-12-31	$917.60M	7.14%
2015-12-31	$856.45M	5.56%
2014-12-31	$811.30M	22.54%
2013-12-31	$662.08M	19.30%
2012-12-31	$554.98M	50.16%
2011-12-31	$369.59M	228.81%
2010-12-31	$112.40M	84.49%
2009-12-31	$60.92M	-4.23%
2008-12-31	$63.61M	-0.03%
2007-12-31	$63.63M	25.73%
2006-12-31	$50.61M	41.62%
2005-12-31	$35.74M	9.25%
2004-12-31	$32.71M	12.63%
2003-12-31	$29.04M	90.18%
2002-12-31	$15.27M	136.87%
2001-12-31	$6.45M	-6.38%
2000-12-31	$6.89M	778.32%
1999-12-31	$784.00K	1.82%
1998-12-31	$770.00K	-41.13%
1997-12-31	$1.31M	-82.32%
1996-12-31	$7.40M	-5.13%
1995-12-31	$7.80M	200.00%
1994-12-31	$2.60M	13.04%
1993-12-31	$2.30M	-

Gentherm generated $1.47B in revenue during NA 2023, up 21.95% compared to the previous quarter, and up 141.49% compared to the same period a year ago.

Gentherm Revenue by Quarter

Date	Revenue	Change
2024-09-30	$1.19B	217.93%
2024-06-30	$375.68M	5.52%
2024-03-31	$356.01M	-2.98%
2023-12-31	$366.93M	0.20%
2023-09-30	$366.19M	-1.65%
2023-06-30	$372.32M	2.39%
2023-03-31	$363.63M	5.91%
2022-12-31	$343.32M	3.11%
2022-09-30	$332.96M	27.71%
2022-06-30	$260.71M	-2.59%
2022-03-31	$267.66M	7.83%
2021-12-31	$248.23M	1.99%
2021-09-30	$243.38M	-8.50%
2021-06-30	$266.00M	-7.81%
2021-03-31	$288.54M	-0.12%
2020-12-31	$288.88M	11.31%
2020-09-30	$259.54M	90.75%
2020-06-30	$136.06M	-40.48%
2020-03-31	$228.61M	-0.77%
2019-12-31	$230.38M	-4.03%
2019-09-30	$240.06M	-1.34%
2019-06-30	$243.33M	-5.66%
2019-03-31	$257.92M	1.68%
2018-12-31	$253.65M	-2.04%
2018-09-30	$258.94M	-1.83%
2018-06-30	$263.78M	0.72%
2018-03-31	$261.89M	1.83%
2017-12-31	$257.19M	9.04%
2017-09-30	$235.85M	-3.09%
2017-06-30	$243.38M	-2.36%
2017-03-31	$249.27M	5.38%
2016-12-31	$236.54M	1.68%
2016-09-30	$232.63M	-0.04%
2016-06-30	$232.72M	7.88%
2016-03-31	$215.71M	1.62%
2015-12-31	$212.28M	-5.16%
2015-09-30	$223.82M	4.86%
2015-06-30	$213.44M	3.16%
2015-03-31	$206.91M	0.85%
2014-12-31	$205.17M	-0.41%
2014-09-30	$206.01M	-0.08%
2014-06-30	$206.18M	6.31%
2014-03-31	$193.94M	6.39%
2013-12-31	$182.29M	6.49%
2013-09-30	$171.18M	6.64%
2013-06-30	$160.52M	8.39%
2013-03-31	$148.09M	-0.10%
2012-12-31	$148.24M	5.09%
2012-09-30	$141.06M	3.60%
2012-06-30	$136.15M	5.12%
2012-03-31	$129.53M	-1.14%
2011-12-31	$131.02M	4.28%
2011-09-30	$125.64M	62.88%
2011-06-30	$77.14M	115.49%
2011-03-31	$35.80M	23.79%
2010-12-31	$28.92M	-5.15%
2010-09-30	$30.49M	5.81%
2010-06-30	$28.81M	19.12%
2010-03-31	$24.19M	11.99%
2009-12-31	$21.60M	17.11%
2009-09-30	$18.44M	72.11%
2009-06-30	$10.71M	5.36%
2009-03-31	$10.17M	-20.71%
2008-12-31	$12.83M	-22.88%
2008-09-30	$16.63M	-0.98%
2008-06-30	$16.80M	-3.25%
2008-03-31	$17.36M	5.92%
2007-12-31	$16.39M	-

Gentherm generated $1.19B in revenue during Q3 2024, up 217.93% compared to the previous quarter, and up 320.80% compared to the same period a year ago.

Gentherm Revenue Breakdown

Gentherm Revenue Breakdown by Product

Annual Revenue by Product

Product/Service	Dec 23	Dec 22	Dec 21	Dec 20	Dec 19
Automotive Segments	$1.42B	$1.16B	$1.00B	$870.00M	$65.43M
Industrial Segments	$46.12M	$43.04M	$41.52M	$43.10M	$36.86M
Medical Segments	-	$43.04M	-	-	-

Gentherm's latest annual revenue breakdown by segment (product or service), as of Dec 23: Automotive Segments (96.86%), and Industrial Segments (3.14%).

Quarterly Revenue by Product

Product/Service	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19
Automotive Segments	$358.80M	$364.00M	$344.64M	$353.94M	$354.78M	$361.53M	$352.69M	$332.05M	$322.56M	$249.15M	$257.86M	$237.13M	$279.37M	$279.38M	$22.51M	$7.98M	$15.81M	-	-	-
Industrial Segments	$12.71M	$11.68M	$11.38M	$35.19M	$10.93M	$10.41M	$11.56M	$9.79M	$11.10M	$9.51M	$9.78M	$11.68M	$12.14M	$10.46M	-	-	-	-	-	-
Medical Segments	-	-	-	-	$11.41M	$10.79M	$11.28M	$9.16M	-	-	-	-	-	-	-	-	-	-	-	-
Battery Performance Solutions B P S	-	-	-	-	-	-	-	-	-	-	-	-	$16.93M	$17.58M	-	-	-	-	-	-
Automotive Segment	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$4.00K	-

Gentherm's latest quarterly revenue breakdown by segment (product or service), as of Sep 24: Automotive Segments (96.58%), and Industrial Segments (3.42%).

Gentherm Revenue Breakdown by Country

Annual Revenue by Country

Country	Dec 23	Dec 22	Dec 21	Dec 20	Dec 19
SLOVAKIA	$44.95M	$34.69M	-	-	-
CHINA	$221.51M	$183.42M	$142.82M	$101.04M	$71.46M
CZECHIA	$69.71M	$49.29M	$37.54M	-	-
GERMANY	$102.38M	$75.37M	$66.93M	$58.54M	$81.31M
JAPAN	$60.88M	$57.72M	$63.53M	$57.78M	$76.20M
KOREA, REPUBLIC OF	$115.85M	$94.94M	$93.52M	$88.75M	$63.34M
MEXICO	$45.73M	$23.23M	-	-	-
Non-US	$931.98M	$732.19M	-	-	-
Other Countries	$177.34M	$132.38M	$223.53M	$191.87M	$104.79M
UNITED STATES	$537.10M	$472.47M	$404.47M	$377.58M	$440.32M
ROMANIA	$53.98M	$47.53M	$51.37M	$26.21M	-
Non Us	-	-	$641.68M	$535.52M	$531.37M
CANADA	-	-	-	-	$37.80M
CZECH REPUBLIC	-	-	-	-	$38.89M

Gentherm's latest annual revenue breakdown by geography, as of Dec 23: Non-US (39.47%), UNITED STATES (22.74%), CHINA (9.38%), Other Countries (7.51%), KOREA, REPUBLIC OF (4.91%), GERMANY (4.34%), CZECHIA (2.95%), JAPAN (2.58%), ROMANIA (2.29%), MEXICO (1.94%), and SLOVAKIA (1.90%).

Quarterly Revenue by Country

Country	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19
ROMANIA	$13.07M	$13.01M	$14.22M	$14.19M	$13.83M	$13.44M	$12.53M	$11.67M	$11.59M	$11.52M	$12.76M	$9.96M	$2.96M	$7.66M	-	-	-	-	-	-
UNITED STATES	$127.87M	$127.36M	$125.45M	$122.74M	$134.59M	$138.32M	$141.45M	$134.71M	$131.02M	$102.62M	$104.12M	$90.32M	$96.68M	$102.17M	$115.29M	$113.37M	$111.19M	$47.10M	$105.92M	$99.66M
CHINA	$54.79M	$53.21M	$54.48M	$59.98M	$61.00M	$53.87M	$46.65M	$56.24M	$57.44M	$31.39M	$38.35M	$43.25M	$32.20M	$33.86M	$33.52M	$37.16M	$27.36M	$23.52M	$13.00M	$21.86M
CZECHIA	$20.83M	$20.11M	$19.58M	$18.01M	$16.68M	$17.37M	$17.65M	$13.66M	$13.25M	$12.54M	$9.41M	$5.52M	-	-	-	-	-	-	-	-
GERMANY	$26.39M	$31.63M	$23.61M	$25.38M	$24.46M	$26.04M	$26.51M	$20.56M	$19.45M	$15.56M	$19.79M	$15.39M	$16.01M	$16.35M	$19.18M	$17.39M	$14.55M	$9.76M	$16.83M	$17.43M
JAPAN	$13.37M	$14.74M	$12.46M	$15.88M	$16.91M	$12.87M	$15.22M	$15.41M	$17.60M	$12.89M	$11.82M	$10.92M	$17.05M	$17.63M	$17.92M	$17.02M	$15.28M	$9.35M	$16.14M	$17.09M
KOREA, REPUBLIC OF	$22.49M	$27.67M	$28.18M	$29.75M	$27.37M	$30.00M	$28.74M	$27.30M	$22.75M	$23.71M	$21.18M	$22.47M	$20.89M	$25.52M	$24.64M	$28.68M	$23.26M	$20.39M	$16.42M	$18.24M
MEXICO	$10.78M	$11.82M	$10.02M	$11.03M	$15.25M	$10.36M	$9.09M	-	-	-	-	-	-	-	-	-	-	-	-	-
Non-US	$243.64M	$248.32M	$230.56M	$244.20M	$231.61M	$234.00M	$222.17M	$208.61M	$201.94M	$158.10M	-	-	-	-	-	-	-	-	-	-
Other Countries	$58.27M	$50.94M	$43.51M	$50.21M	$36.88M	$46.22M	$44.04M	$41.27M	$36.90M	$63.03M	$59.65M	$14.52M	$60.54M	$70.47M	$77.99M	$116.84M	$34.71M	$12.98M	$27.35M	$6.00M
SLOVAKIA	$13.97M	$14.72M	$13.18M	$9.69M	$10.95M	$12.71M	$11.60M	$8.93M	$8.11M	-	-	-	-	-	-	-	-	-	-	-
CANADA	-	-	-	-	-	-	-	-	$5.09M	$8.08M	$3.09M	$8.26M	$8.58M	-	-	-	-	-	-	-
Non Us	-	-	-	-	-	-	-	-	-	-	$163.53M	$157.90M	$146.70M	$163.83M	$173.25M	$175.51M	$148.35M	$88.96M	$122.69M	$130.72M
CZECH REPUBLIC	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$10.07M	$7.93M

Gentherm's latest quarterly revenue breakdown by geography, as of Sep 24: Non-US (40.24%), UNITED STATES (21.12%), Other Countries (9.62%), CHINA (9.05%), GERMANY (4.36%), KOREA, REPUBLIC OF (3.71%), CZECHIA (3.44%), SLOVAKIA (2.31%), JAPAN (2.21%), ROMANIA (2.16%), and MEXICO (1.78%).

Gentherm Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
LEA	Lear	$23.47B	$5.59B
LKQ	LKQ	$13.87B	$3.58B
VC	Visteon	$3.95B	$980.00M
CPS	Cooper-Standard	$2.82B	$685.35M
DORM	Dorman Products	$1.93B	$503.77M
THRM	Gentherm	$1.47B	$1.19B
FOXF	Fox Factory	$1.46B	$359.12M
SUP	Superior Industries	$1.39B	$321.76M
SMP	Standard Motor Products	$1.36B	$399.26M
MNRO	Monro	$1.28B	$496.40M
SRI	Stoneridge	$975.82M	$213.83M
MPAA	Motorcar Parts of America	$717.68M	$169.89M
PLOW	Douglas Dynamics	$568.00M	$129.40M

THRM Revenue FAQ

What is Gentherm’s yearly revenue?

Gentherm's yearly revenue for 2023 was $1.47B, representing an increase of 21.95% compared to 2022. The company's yearly revenue for 2022 was $1.2B, representing an increase of 15.15% compared to 2021. THRM's yearly revenue for 2021 was $1.05B, representing an increase of 14.57% compared to 2020.

What is Gentherm’s quarterly revenue?

Gentherm's quarterly revenue for Q3 2024 was $1.19B, a 217.93% increase from the previous quarter (Q2 2024), and a 226.16% increase year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $375.68M, a 5.52% increase from the previous quarter (Q1 2024), and a 0.90% increase year-over-year (Q2 2023). THRM's quarterly revenue for Q1 2024 was $356.02M, a -2.98% decrease from the previous quarter (Q4 2023), and a -2.09% decrease year-over-year (Q1 2023).

What is Gentherm’s revenue growth rate?

Gentherm's revenue growth rate for the last 3 years (2021-2023) was 40.43%, and for the last 5 years (2019-2023) was 51.19%.

What are Gentherm’s revenue streams?

Gentherm's revenue streams in c 23 are Automotive Segments, and Industrial Segments. Automotive Segments generated $1.42B in revenue, accounting 96.86% of the company's total revenue, up 22.50% year-over-year. Industrial Segments generated $46.12M in revenue, accounting 3.14% of the company's total revenue, up 7.17% year-over-year.

What is Gentherm’s main source of revenue?

For the fiscal year ending Dec 23, the largest source of revenue of Gentherm was Automotive Segments. This segment made a revenue of $1.42B, representing 96.86% of the company's total revenue.