Gentherm Inc
NASDAQ:THRM
Income Statement
Earnings Waterfall
Gentherm Inc
Revenue
|
1.5B
USD
|
Cost of Revenue
|
-1.1B
USD
|
Gross Profit
|
351.6m
USD
|
Operating Expenses
|
-249.9m
USD
|
Operating Income
|
101.7m
USD
|
Other Expenses
|
-61.3m
USD
|
Net Income
|
40.3m
USD
|
Income Statement
Gentherm Inc
Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
662
N/A
|
708
+7%
|
754
+6%
|
788
+5%
|
811
+3%
|
824
+2%
|
832
+1%
|
849
+2%
|
856
+1%
|
865
+1%
|
885
+2%
|
893
+1%
|
918
+3%
|
951
+4%
|
962
+1%
|
965
+0%
|
994
+3%
|
1 009
+2%
|
1 032
+2%
|
1 058
+2%
|
1 049
-1%
|
1 042
-1%
|
1 019
-2%
|
997
-2%
|
972
-3%
|
942
-3%
|
835
-11%
|
855
+2%
|
913
+7%
|
973
+7%
|
1 103
+13%
|
1 087
-1%
|
1 046
-4%
|
1 025
-2%
|
1 020
-1%
|
1 110
+9%
|
1 205
+9%
|
1 301
+8%
|
1 412
+9%
|
1 445
+2%
|
1 469
+2%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(487)
|
(515)
|
(540)
|
(559)
|
(570)
|
(573)
|
(575)
|
(580)
|
(580)
|
(587)
|
(601)
|
(608)
|
(623)
|
(639)
|
(643)
|
(653)
|
(675)
|
(694)
|
(718)
|
(738)
|
(744)
|
(743)
|
(724)
|
(704)
|
(683)
|
(663)
|
(602)
|
(614)
|
(645)
|
(683)
|
(761)
|
(758)
|
(743)
|
(745)
|
(760)
|
(838)
|
(931)
|
(1 010)
|
(1 093)
|
(1 120)
|
(1 117)
|
|
Gross Profit |
175
N/A
|
193
+10%
|
213
+11%
|
229
+7%
|
242
+6%
|
251
+4%
|
256
+2%
|
270
+5%
|
276
+3%
|
278
+1%
|
284
+2%
|
286
+1%
|
295
+3%
|
312
+6%
|
319
+2%
|
312
-2%
|
319
+2%
|
315
-1%
|
314
0%
|
320
+2%
|
305
-5%
|
299
-2%
|
295
-1%
|
294
0%
|
288
-2%
|
279
-3%
|
233
-16%
|
241
+3%
|
268
+11%
|
290
+8%
|
342
+18%
|
329
-4%
|
304
-8%
|
280
-8%
|
260
-7%
|
271
+4%
|
274
+1%
|
291
+6%
|
319
+10%
|
325
+2%
|
352
+8%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(123)
|
(126)
|
(131)
|
(137)
|
(142)
|
(150)
|
(153)
|
(153)
|
(155)
|
(154)
|
(163)
|
(175)
|
(188)
|
(200)
|
(205)
|
(210)
|
(222)
|
(231)
|
(234)
|
(234)
|
(217)
|
(209)
|
(205)
|
(196)
|
(191)
|
(183)
|
(169)
|
(167)
|
(173)
|
(176)
|
(184)
|
(188)
|
(185)
|
(188)
|
(194)
|
(204)
|
(218)
|
(231)
|
(243)
|
(247)
|
(250)
|
|
Selling, General & Administrative |
(73)
|
(75)
|
(77)
|
(81)
|
(85)
|
(91)
|
(94)
|
(94)
|
(96)
|
(93)
|
(98)
|
(105)
|
(115)
|
(123)
|
(126)
|
(131)
|
(140)
|
(145)
|
(148)
|
(149)
|
(137)
|
(134)
|
(131)
|
(123)
|
(118)
|
(112)
|
(102)
|
(101)
|
(105)
|
(108)
|
(113)
|
(115)
|
(110)
|
(110)
|
(115)
|
(123)
|
(133)
|
(140)
|
(147)
|
(150)
|
(156)
|
|
Research & Development |
(87)
|
(88)
|
(90)
|
(93)
|
(58)
|
(59)
|
(60)
|
(59)
|
(60)
|
(61)
|
(65)
|
(70)
|
(73)
|
(77)
|
(79)
|
(79)
|
(83)
|
(86)
|
(86)
|
(85)
|
(80)
|
(76)
|
(74)
|
(74)
|
(73)
|
(71)
|
(67)
|
(67)
|
(68)
|
(68)
|
(71)
|
(73)
|
(75)
|
(78)
|
(79)
|
(81)
|
(86)
|
(90)
|
(96)
|
(96)
|
(94)
|
|
Other Operating Expenses |
37
|
37
|
37
|
37
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Operating Income |
52
N/A
|
67
+29%
|
83
+23%
|
92
+11%
|
100
+8%
|
101
+2%
|
103
+2%
|
117
+13%
|
121
+4%
|
124
+2%
|
121
-3%
|
111
-8%
|
107
-3%
|
112
+5%
|
114
+2%
|
103
-10%
|
97
-5%
|
84
-14%
|
80
-4%
|
86
+7%
|
88
+2%
|
90
+3%
|
90
0%
|
97
+8%
|
98
+0%
|
96
-1%
|
64
-33%
|
74
+15%
|
95
+29%
|
114
+20%
|
158
+39%
|
141
-11%
|
119
-16%
|
92
-23%
|
66
-28%
|
67
+2%
|
55
-18%
|
60
+9%
|
77
+28%
|
79
+3%
|
102
+29%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(4)
|
(8)
|
(8)
|
(5)
|
(3)
|
(2)
|
(1)
|
(2)
|
(3)
|
(4)
|
(2)
|
(3)
|
5
|
5
|
(12)
|
(19)
|
(28)
|
(31)
|
(13)
|
(5)
|
(4)
|
0
|
(6)
|
(2)
|
(2)
|
(3)
|
(4)
|
(11)
|
(10)
|
(9)
|
(7)
|
(3)
|
(1)
|
1
|
5
|
(2)
|
(11)
|
(19)
|
(24)
|
(17)
|
(21)
|
|
Non-Reccuring Items |
(2)
|
(2)
|
(1)
|
(2)
|
(2)
|
(1)
|
(1)
|
(1)
|
10
|
10
|
9
|
9
|
(1)
|
(1)
|
(0)
|
(0)
|
0
|
(1)
|
(7)
|
(24)
|
(26)
|
(33)
|
(38)
|
(30)
|
(34)
|
(31)
|
(19)
|
(10)
|
(6)
|
(3)
|
(6)
|
(6)
|
(4)
|
(3)
|
(2)
|
(1)
|
(7)
|
(8)
|
(28)
|
(29)
|
(24)
|
|
Total Other Income |
1
|
1
|
0
|
1
|
0
|
0
|
1
|
1
|
0
|
1
|
0
|
0
|
(0)
|
(0)
|
0
|
(1)
|
0
|
1
|
1
|
2
|
1
|
0
|
0
|
0
|
(2)
|
(1)
|
1
|
1
|
2
|
2
|
(1)
|
(0)
|
0
|
0
|
0
|
1
|
1
|
1
|
2
|
2
|
(2)
|
|
Pre-Tax Income |
46
N/A
|
59
+26%
|
74
+26%
|
86
+16%
|
94
+10%
|
98
+4%
|
101
+3%
|
114
+13%
|
129
+13%
|
131
+1%
|
129
-2%
|
117
-9%
|
111
-6%
|
115
+4%
|
102
-12%
|
83
-19%
|
69
-17%
|
53
-24%
|
62
+17%
|
58
-6%
|
58
+1%
|
57
-1%
|
46
-20%
|
65
+42%
|
59
-9%
|
61
+3%
|
43
-30%
|
54
+26%
|
82
+52%
|
105
+28%
|
145
+39%
|
132
-9%
|
114
-14%
|
89
-22%
|
70
-22%
|
65
-7%
|
38
-41%
|
34
-11%
|
26
-23%
|
34
+27%
|
55
+64%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(11)
|
(17)
|
(21)
|
(25)
|
(24)
|
(24)
|
(24)
|
(27)
|
(34)
|
(43)
|
(42)
|
(38)
|
(34)
|
(25)
|
(22)
|
(17)
|
(14)
|
(10)
|
(10)
|
(14)
|
(16)
|
(20)
|
(23)
|
(26)
|
(10)
|
(9)
|
(4)
|
(6)
|
(22)
|
(24)
|
(30)
|
(25)
|
(20)
|
(17)
|
(15)
|
(17)
|
(14)
|
(13)
|
(14)
|
(15)
|
(15)
|
|
Income from Continuing Operations |
35
|
42
|
53
|
61
|
70
|
73
|
76
|
87
|
95
|
88
|
86
|
79
|
77
|
90
|
80
|
67
|
55
|
43
|
51
|
44
|
42
|
37
|
23
|
40
|
49
|
52
|
39
|
48
|
60
|
81
|
116
|
107
|
93
|
72
|
55
|
49
|
24
|
21
|
12
|
18
|
40
|
|
Income to Minority Interest |
(1)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Net Income (Common) |
32
N/A
|
41
+28%
|
53
+28%
|
61
+17%
|
70
+14%
|
73
+5%
|
76
+4%
|
87
+14%
|
95
+10%
|
88
-8%
|
86
-1%
|
79
-9%
|
77
-3%
|
90
+17%
|
80
-11%
|
67
-17%
|
35
-47%
|
23
-35%
|
31
+36%
|
24
-23%
|
42
+74%
|
37
-11%
|
23
-37%
|
40
+70%
|
49
+23%
|
52
+7%
|
39
-25%
|
48
+21%
|
60
+26%
|
81
+35%
|
116
+43%
|
107
-7%
|
93
-13%
|
72
-23%
|
55
-25%
|
49
-11%
|
24
-50%
|
21
-15%
|
12
-42%
|
18
+50%
|
40
+124%
|
|
EPS (Diluted) |
0.9
N/A
|
1.17
+30%
|
1.45
+24%
|
1.67
+15%
|
1.95
+17%
|
2.03
+4%
|
2.1
+3%
|
2.39
+14%
|
2.62
+10%
|
2.39
-9%
|
2.36
-1%
|
2.15
-9%
|
2.09
-3%
|
2.45
+17%
|
2.18
-11%
|
1.81
-17%
|
0.95
-48%
|
0.62
-35%
|
0.84
+35%
|
0.66
-21%
|
1.16
+76%
|
1.1
-5%
|
0.68
-38%
|
1.2
+76%
|
1.47
+23%
|
1.58
+7%
|
1.2
-24%
|
1.43
+19%
|
1.81
+27%
|
2.42
+34%
|
3.45
+43%
|
3.19
-8%
|
2.79
-13%
|
2.16
-23%
|
1.63
-25%
|
1.45
-11%
|
0.73
-50%
|
0.61
-16%
|
0.35
-43%
|
0.54
+54%
|
1.22
+126%
|