| Quarter | Call date | Disclosure | Financial quality | Kept | Missed | |
|---|---|---|---|---|---|---|
| Q1'27 | July 30, 2026 | 3/12 | 4 high, 3 medium flags | 1 | 1 | Call sheet → |
| Q4'26 | May 27, 2026 | 6/12 | 3 high, 2 medium, 2 low flags | 3 | 1 | Call sheet → |
| Q3'26 | February 5, 2026 | 8/12 | 2 high, 4 medium, 2 low flags | 5 | 0 | Call sheet → |
| Q2'26 | October 29, 2025 | 7/12 | 2 high, 5 medium, 1 low flags | 3 | 0 | Call sheet → |
| Q1'26 | July 31, 2025 | 5/12 | 3 high, 4 medium, 1 low flags | 0 | 3 | Call sheet → |
| Q4'25 | May 21, 2025 | 7/12 | 1 high, 4 medium, 2 low flags | 2 | 1 | Call sheet → |
| Q3'25 | February 5, 2025 | 5/12 | 1 high, 5 medium, 2 low flags | 3 | 2 | Call sheet → |
| Q2'25 | October 30, 2024 | 8/12 | 5 medium, 3 low flags | 3 | 0 | Call sheet → |
| Q1'25 | July 31, 2024 | 7/12 | 1 high, 5 medium, 2 low flags | 2 | 1 | Call sheet → |
| Marked | Status | Promise |
|---|---|---|
| Q1'27 | Pending | Data center segment margins above 20% in second half Huge gap to close from current 14.8% |
| Q1'27 | Pending | PT spinoff to close before calendar year end Still maintaining timeline but lots of regulatory hurdles remain |
| Q1'27 | Pending | Supply chain challenges would be temporary Now saying will impact Q2 as well, extending timeline |
| Q1'27 | Missed | Margins would improve sequentially through the year Q1 margins deteriorated massively from Q4, opposite of promise |
| Q1'27 | Delivered | Q1 revenue would be up significantly YoY but down sequentially Technically delivered but the sequential decline was worse than implied |
| Q4'26 | Pending | Close Gentherm transaction by end of calendar year Still targeting calendar Q4 close pending approvals |
| Q4'26 | Exceeded | Free cash flow to rebound in Q4 Generated $153M vs negative $17M in Q3, though $165M was from LTA payment |
| Q4'26 | Pending | Performance Technologies margin to rebound in Q1 Guided for Q1 FY27 to be 14-15%, up from current 13.8% |
| Q4'26 | Delivered | $1 billion in data center sales for fiscal 2026 $1.1 billion achieved, 10% above target |
| Q4'26 | Delivered | Significant incremental volumes in Q4 $400M+ in DC revenue, up from $295M in Q3 |
| Q4'26 | Missed | Climate Solutions Q4 margin in 20-21% range They stopped disclosing the specific margin, only said it was 'down versus prior year' |
| Q3'26 | Delivered | PT segment to deliver margin improvement despite market Improved to 14.8% from 14.7% sequentially, up 400 bps YoY |
| Q3'26 | Exceeded | Maintain leverage below 2.0x At 1.2x, well below target despite heavy investment |
| Q3'26 | Pending | First 2 Jefferson City lines in Q4 On schedule per management but not yet operational |
| Q3'26 | Delivered | Launch initial production in Franklin, Wisconsin in Q3 Confirmed launched but volumes not disclosed |
| Q3'26 | Pending | Free cash flow positive in second half Q3 still negative $17M, all riding on Q4 |
| Q3'26 | Delivered | $1 billion data center revenue in fiscal 2026 On track with $295M in Q3, implies $400M+ Q4 gets them there |
| Q3'26 | Delivered | CS margins to sequentially improve in Q3 Delivered 180 bps sequential improvement to 17.9% |
| Q2'26 | Pending | Drive value through 80/20 on acquisitions Too early, but HVAC margins deteriorating is concerning |
| Q2'26 | Delivered | Maintain PT margins despite volume headwinds 14.7% margin up 90bps despite 4% revenue decline |
| Q2'26 | Delivered | Chennai India facility to support APAC growth Now producing, though no revenue numbers provided |
| Q2'26 | Exceeded | Data center growth of 45% for full year Raised to 60%+ growth, but at massive margin cost |
| Q2'26 | Pending | Franklin to launch initial production in Q3 Confirmed still on track for this quarter |
| Q2'26 | Pending | Grenada full production by end of fiscal year Currently on 2 of 5 lines, needs 3 more in next 2 quarters |
| Q2'26 | Pending | Restart year-over-year margin improvements in H2 Pushed to Q4 only, Q3 margins will stay depressed |
| Q1'26 | Missed | Maintain or improve CS margins while investing for growth Margins compressed 140 bps already |
| Q1'26 | Pending | Continue share buybacks with $100M authorization No mention of buybacks despite authorization, likely suspended due to cash needs |
| Q1'26 | Pending | India expansion on track to launch production in Q2 Not mentioned in Q1 call, concerning silence |
| Q1'26 | Missed | PT margins to improve despite flat/down volumes Margins declined 190 bps to 13.1% in Q1 |
| Q1'26 | Pending | Data center sales to grow in excess of 30% Raised to 45% but Q1 only grew 15%, requiring massive H2 acceleration |
| Q1'26 | Missed | Generate higher level of free cash flow in fiscal '26 FCF margin dropping from 7.4% to 3%, massive miss already visible in Q1 |
| Q4'25 | Missed | Strategic exit from automotive business No transaction executed despite repeated commitments since Investor Day |
| Q4'25 | Pending | Complete sale of German PT headquarters Transaction expected to close later in 2025 for $12M |
| Q4'25 | Pending | CDU to generate revenue in middle of fiscal 2026 Pushed from vague Q3 timeline to specific H1 FY26 target |
| Q4'25 | Delivered | Generate free cash flow in line or above prior year $129M FCF vs $117M prior year |
| Q4'25 | Pending | India facility to launch production in Q2 Reiterated timeline but still future commitment |
| Q4'25 | Exceeded | Data center sales to grow 110-120% in fiscal 2025 Actual growth was 119%, hitting high end of range |
| Q3'25 | Delivered | Maintain leverage below 1.0x At 0.8x, better than expected |
| Q3'25 | Pending | Free cash flow in line or above prior year YTD at $102M vs prior year ~$150M, needs strong Q4 |
| Q3'25 | Exceeded | Data center sales to grow 100-110% Raised again to 110-120% growth |
| Q3'25 | Delivered | UK expansion completed ahead of schedule First units off production line last week as stated |
| Q3'25 | Pending | Sequential ramp in Q4 for Performance Tech Still guiding Q4 improvement but hedging with market weakness language |
| Q3'25 | Missed | First order from third hyperscaler in Q3 No mention of third hyperscaler order, just 'discussions' now |
| Q3'25 | Missed | First CDU shipments in Q4 fiscal 2025 Pushed to 'middle of next fiscal year', 2-3 quarter delay |
| Q2'25 | Delivered | Performance Tech EBITDA margins to improve in FY25 14% margin maintained despite volume pressures |
| Q2'25 | Pending | GenSet business to hit $120M in FY25 29% growth in Q2 suggests on track |
| Q2'25 | Pending | Advanced Solutions to grow 30%+ annually Q2 showed 18% growth, needs acceleration to hit target |
| Q2'25 | Delivered | UK expansion coming online later this year Completed ahead of schedule, first units produced last week |
| Q2'25 | Exceeded | Data center sales to grow 80-90% Raised to 100-110% growth |
| Q2'25 | Pending | CDU first shipments in Q4 FY2025 Reiterated but with hedging language ('still anticipate') |
| Q1'25 | Pending | Hold Analyst and Investor Day in September Confirmed for September 11 at headquarters |
| Q1'25 | Pending | Similar free cash flow to FY24 Q1 at $14M, needs strong Q2-Q4 to hit $127M target |
| Q1'25 | Exceeded | Climate Solutions margin improvement of 50 bps Already achieved 100 bps improvement in Q1 |
| Q1'25 | Pending | Performance Tech EBITDA margin improvement of 200 bps Q1 showed 390 bps YoY improvement, on track |
| Q1'25 | Missed | CDU development completion and launch by fiscal year end Pushed to Q4 for 'first shipments', still in test phase |
| Q1'25 | Exceeded | Data center sales to grow 60-70% in FY25 Already raised to 80-90% after just one quarter |
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