GENTEX CORP reported results for 2026 with revenue of $651.3M and diluted EPS of $0.54, while net income rose to $114.69M versus the prior-year period.
Financial Highlights
| MetricCurrent quarterPrior year quarterYoY change | Revenue¹$651.3M$657.86M(1%) | Net income²$114.69M$96.04M19.4% | Diluted EPS³$0.54$0.4325.6% |
¹ Reported as “Net Sales”. ² Reported as “Net Income Attributable To Gentex Corporation”. ³ Reported as “Diluted earnings Per Share Attributable To Gentex Corporation”.
Business Highlights
- Consolidated revenue is up 7% year-to-date to the mid-$2.6B range, reflecting the full-year inclusion of VOXX and a recovery in Premium Audio.
- Automotive sales were modestly down, while Premium Audio and Other segments (including VOXX and BioConnect) increased their mix materially.
- Recent product launches and integration of Klipsch, Onkyo and VOXX are delivering improved Premium Audio profitability.
- Approximately $38M of IEEPA tariff reimbursements were recognized, supporting gross margin; the company reported its highest-ever first-half operating cash flow.
- Manufacturing capacity is approximately 42–45M interior and 19–22M exterior mirrors, and a Morocco facility is planned for start of production in 2028.
Original SEC Filing:
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