Gentherm completes Modine deal. Six analysts cover Gentherm stock
Published on 10/05/2026 at 05:12 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSGentherm (ISIN US37253A1034) completed its combination with Modine Performance Technologies on October 1, 2026, while six analysts cover Gentherm, according to Simply Wall St in an update dated October 4, 2026. The transaction expands the thermal-management company beyond its existing automotive and medical activities.
Modine deal changes the scale
Gentherm said on October 1, 2026 that it had completed the combination with Modine's Performance Technologies business. The company retains its Nasdaq listing under the ticker THRM, while the acquired operation becomes a Gentherm division.
The transaction follows shareholder approval announced on September 10, 2026. Simply Wall St reported that the deal was expected to broaden Gentherm's exposure to thermal-management applications and increase the importance of integration execution for the combined group.
Second-quarter growth meets thin profit
Gentherm reported USD 416.17 million in revenue for the second quarter of 2026, up 11.00 percent from USD 375.09 million in the second quarter of 2025, according to The Globe and Mail. Quarterly net profit was USD 4.42 million, compared with USD 0.48 million in the year-earlier quarter.
The financial profile therefore combines clear top-line expansion with a narrow reported margin. The finance statement for the second quarter of 2026 shows diluted earnings per share of USD 0.14 and operating margin of 3.00 percent, making post-combination execution a central operating measure.
Nasdaq valuation remains below high
Gentherm was last at USD 31.30 on Nasdaq on October 2, 2026 at 4:00 p.m. ET. The 52-week range was USD 27.00 to USD 48.35, placing the last quoted price 35.26 percent below the high; market capitalization stood at USD 961.1 million on the same date.
Gentherm market snapshot
- Company: Gentherm Incorporated
- ISIN: US37253A1034
- Ticker: THRM
- Primary exchange: Nasdaq
- Market capitalization: USD 961.1 million (as of October 2, 2026)
- 52-week range: USD 27.00-USD 48.35 (as of October 2, 2026)
- Sector / Industry: Consumer discretionary / auto components
