Gentherm Incorporated's Corporate Customers have recorded an advance in their cost of revenue by 2.67 % in the 2 quarter 2026 year on year, sequentially costs of revenue grew by 3.67 %. During the corresponding time, Gentherm Incorporated recorded a revenue increase by 11.05 % year on year, sequentially revenue grew by 5.83 %. While revenue at the Gentherm Incorporated's corporate clients recorded rose by 13.52 % year on year, sequentially revenue grew by 11.66 %.
Gentherm Incorporated's Customers have recorded an advance in their cost of revenue by 2.67 % in the 2 quarter 2026 year on year, sequentially costs of revenue grew by 3.67 %, for the same period Gentherm Incorporated recorded revenue increase by 11.05 % year on year, sequentially revenue grew by 5.83 %.
Gentherm Incorporated's Comment on Sales, Marketing and Customers
We supply automobile and light truck manufacturers with products from our seat
comfort and interior comfort businesses, as well as products which utilize our
automotive cable system and electronics technology. Our power generation systems
are applied to oil and gas customers for cathodic pipeline protection and other
remote applications around the world. We supply heated and cooled mattresses
to the largest mattress and specialty bed retailer in North America. We also
directly supply CCS and seat heaters to aftermarket seat distributors and installers.
Our marketing efforts, focused primarily on automotive manufacturers and their
first-tier suppliers, explain that our products represent an attractive feature
that will be embraced by consumers and have favorable economics, including high
profitability, to these customers. If interested, the manufacturers then direct
us to work with their suppliers who then become our direct customers by incorporating
our products into their designs. As automobile products comprise a majority
of our current revenue, the volume of products we sell is directly affected
by the levels of new vehicle sales and the general business conditions in the
automotive industry.
Inherent to the automotive supplier market are costs and commitments that are
incurred well in advance of the receipt of orders and resulting revenues from
customers. This is due in part to automotive manufacturers requiring the design,
coordination and testing of proposed new components and sub-systems. Revenues
from these expenditures are typically not realized for two to three years due
to this development cycle. These customers in turn sell our product, as a component
of an entire seat or seating system, to automotive OEMs.
General Motors
Ford Motor Company
Hyundai
Volkswagen
Fiat Chrysler Automobiles
BMW
Renault/Nissan
Toyota Motor Corporation
Honda
Daimler
Jaguar/Land Rover
Other
Total
Content:Gentherm Incorporated, a Nasdaq-listed firm known globally as the market leader in innovative thermal management technologies and medical patient temperature management systems, has released its 2023 Sustainability Report. The company s reputation for pioneering comfort technologies in the automotive industry and temperature management solutions in the healthcare sector continues to be recognized globally. On the financial front, the corporate customers of Gentherm Incorporated posted a notable increase in their cost of revenue by 2.48% in Q3 2023, year-on-year. Sequentially, they witnessed a growth of 1.24% in the costs of revenue. During the same period, Gentherm reported a year-on-year revenue su...
Gentherm Incorporated’s Comment on Sales, Marketing and Customers
We supply automobile and light truck manufacturers with products from our seat
comfort and interior comfort businesses, as well as products which utilize our
automotive cable system and electronics technology. Our power generation systems
are applied to oil and gas customers for cathodic pipeline protection and other
remote applications around the world. We supply heated and cooled mattresses
to the largest mattress and specialty bed retailer in North America. We also
directly supply CCS and seat heaters to aftermarket seat distributors and installers.
Our marketing efforts, focused primarily on automotive manufacturers and their
first-tier suppliers, explain that our products represent an attractive feature
that will be embraced by consumers and have favorable economics, including high
profitability, to these customers. If interested, the manufacturers then direct
us to work with their suppliers who then become our direct customers by incorporating
our products into their designs. As automobile products comprise a majority
of our current revenue, the volume of products we sell is directly affected
by the levels of new vehicle sales and the general business conditions in the
automotive industry.
Inherent to the automotive supplier market are costs and commitments that are
incurred well in advance of the receipt of orders and resulting revenues from
customers. This is due in part to automotive manufacturers requiring the design,
coordination and testing of proposed new components and sub-systems. Revenues
from these expenditures are typically not realized for two to three years due
to this development cycle. These customers in turn sell our product, as a component
of an entire seat or seating system, to automotive OEMs.
General Motors
Ford Motor Company
Hyundai
Volkswagen
Fiat Chrysler Automobiles
BMW
Renault/Nissan
Toyota Motor Corporation
Honda
Daimler
Jaguar/Land Rover
Other
Total
Sources:
Gentherm Incorporated’s official press releases and regulatory filings; CSIMarket.com’s market research; and the financial filings and press releases of other companies cited in this report.
Updated on:
Focus of this report: Gentherm Incorporated’s corporate clients.
For your research, we’ve provided 9 tables on Gentherm Incorporated corporate clients.
You can find them in the navigation menu under Customers & Markets.
To download the tables, please subscribe.
Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com
Disclaimer: Information provided by CSIMarket.com is for informational purposes only and does not constitute investment advice, recommendation, or solicitation to buy or sell any security.
189.1 %
17.61 %