GNTX · Gentex Corp - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $675.44M | - | $655.24M | $657.86M | $576.77M | - | $608.53M | $572.93M | $590.23M | - |
| Cost of Revenue | $446.82M | - | $430.07M | $432.57M | $385.04M | - | $404.46M | $384.36M | $387.99M | - |
| Gross Profit | $228.63M | - | $225.17M | $225.29M | $191.73M | - | $204.06M | $188.56M | $202.24M | - |
| R&D | $51.65M | - | $52.63M | $51.47M | $45.92M | - | $48.23M | $44.00M | $42.18M | - |
| SG&A | $49.79M | - | $49.69M | $48.52M | $29.93M | - | $30.11M | $29.68M | $30.71M | - |
| Total Operating Expenses | $104.97M | - | $102.84M | $106.77M | $78.75M | - | $78.34M | $73.68M | $72.89M | - |
| D&A | $25.66M | - | $25.93M | $23.99M | $25.51M | - | - | - | $23.95M | - |
| Operating Income | $123.66M | - | $122.33M | $118.52M | $112.99M | - | $125.73M | $114.88M | $129.35M | - |
| Interest Expense | - | - | - | - | - | - | - | - | - | - |
| Income Tax | $19.63M | - | $19.68M | $19.82M | $18.75M | - | $22.91M | $15.29M | $19.42M | - |
| Net Income | $94.87M | - | $100.97M | $96.04M | $94.87M | - | $122.55M | $86.04M | $108.23M | - |
| EPS - Basic | $0.46 | - | $0.46 | $0.43 | $0.42 | - | $0.54 | $0.37 | $0.47 | - |
| EPS - Diluted | $0.46 | - | $0.46 | $0.43 | $0.42 | - | $0.53 | $0.37 | $0.47 | - |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $164.76M | $145.65M | $178.59M | $119.77M | $286.56M | $233.32M | $179.64M | $260.24M | $249.00M | $226.44M |
| Accounts Receivable | $419.47M | $368.52M | $384.67M | $372.96M | $330.63M | $295.34M | $356.34M | $306.57M | $341.59M | $321.81M |
| Inventory | $523.51M | $516.25M | $499.24M | $475.72M | $408.93M | $436.50M | $449.31M | $463.49M | $436.54M | $402.47M |
| Accounts Payable | $276.65M | $248.98M | $252.04M | $204.68M | $162.90M | $168.31M | $182.61M | $206.00M | $191.74M | $184.40M |
| Current Assets | $1.21B | $1.13B | $1.17B | $1.06B | $1.09B | $1.04B | $1.05B | $1.08B | $1.07B | $997.74M |
| Total Assets | $3.00B | $2.93B | $2.94B | $2.81B | $2.78B | $2.76B | $2.74B | $2.74B | $2.71B | $2.61B |
| Current Liabilities | $444.58M | $387.54M | $394.46M | $336.93M | $266.63M | $252.69M | $283.16M | $304.73M | $304.41M | $271.61M |
| Long-term Debt | - | - | - | - | - | - | - | - | - | - |
| Total Liabilities | $492.03M | $437.66M | $441.22M | $380.69M | $303.13M | $288.72M | $317.67M | $337.99M | $336.85M | $298.92M |
| Stockholders' Equity | $2.50B | $2.49B | $2.50B | $2.43B | $2.47B | $2.47B | $2.42B | $2.40B | $2.38B | $2.31B |
| Retained Earnings | $1.48B | $1.47B | $1.47B | $1.42B | $1.45B | $1.45B | $1.41B | $1.39B | $1.38B | $1.34B |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $137.08M | - | - | - | $148.51M | - | - | - | $129.88M | - |
| Investing Cash Flow | ($25.57M) | - | - | - | ($5.10M) | - | - | - | ($55.14M) | - |
| Financing Cash Flow | ($92.39M) | - | - | - | ($90.16M) | - | - | - | ($52.17M) | - |
| CapEx | $17.04M | - | - | - | $36.72M | - | - | - | $31.87M | - |
| Free Cash Flow | $120.04M | - | - | - | $111.78M | - | - | - | $98.01M | - |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | 33.8% | - | 34.4% | 34.2% | 33.2% | - | 33.5% | 32.9% | 34.3% | - |
| Operating margin | 18.3% | - | 18.7% | 18.0% | 19.6% | - | 20.7% | 20.1% | 21.9% | - |
| EBITDA margin | 22.1% | - | 22.6% | 21.7% | 24.0% | - | - | - | 26.0% | - |
| Net margin | 14.0% | - | 15.4% | 14.6% | 16.4% | - | 20.1% | 15.0% | 18.3% | - |
| Free cash flow margin | 17.8% | - | - | - | 19.4% | - | - | - | 16.6% | - |
| FCF / Net income | 1.27 | - | - | - | 1.18 | - | - | - | 0.91 | - |
| R&D / Revenue | 7.6% | - | 8.0% | 7.8% | 8.0% | - | 7.9% | 7.7% | 7.1% | - |
| SG&A / Revenue | 7.4% | - | 7.6% | 7.4% | 5.2% | - | 4.9% | 5.2% | 5.2% | - |
| Effective tax rate | 17.1% | - | 16.3% | 17.1% | 16.5% | - | 15.7% | 15.1% | 15.2% | - |
| Return on assets | 3.2% | - | 3.4% | 3.4% | 3.4% | - | 4.5% | 3.1% | 4.0% | - |
| Return on equity | 3.8% | - | 4.0% | 4.0% | 3.8% | - | 5.1% | 3.6% | 4.6% | - |
| Return on invested capital | - | - | - | - | - | - | - | - | - | - |
| Liquidity | ||||||||||
| Current ratio | 2.72 | 2.91 | 2.96 | 3.15 | 4.08 | 4.11 | 3.69 | 3.56 | 3.52 | 3.67 |
| Quick ratio | 1.54 | 1.58 | 1.70 | 1.74 | 2.55 | 2.38 | 2.11 | 2.04 | 2.09 | 2.19 |
| Cash ratio | 0.37 | 0.38 | 0.45 | 0.36 | 1.07 | 0.92 | 0.63 | 0.85 | 0.82 | 0.83 |
| Leverage | ||||||||||
| Debt / Equity | - | - | - | - | - | - | - | - | - | - |
| Debt / Assets | - | - | - | - | - | - | - | - | - | - |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Interest coverage | - | - | - | - | - | - | - | - | - | - |
| Equity multiplier | 1.20 | 1.18 | 1.18 | 1.16 | 1.12 | 1.12 | 1.13 | 1.14 | 1.14 | 1.13 |
| Liabilities / Assets | 0.16 | 0.15 | 0.15 | 0.14 | 0.11 | 0.10 | 0.12 | 0.12 | 0.12 | 0.11 |
| Efficiency | ||||||||||
| Asset turnover | 0.23 | - | 0.22 | 0.23 | 0.21 | - | 0.22 | 0.21 | 0.22 | - |
| Inventory turnover | 0.85 | - | 0.86 | 0.91 | 0.94 | - | 0.90 | 0.83 | 0.89 | - |
| Days sales outstanding | 227d | - | 214d | 207d | 209d | - | 214d | 195d | 211d | - |
| Days inventory outstanding | 428d | - | 424d | 401d | 388d | - | 405d | 440d | 411d | - |
| Days payable outstanding | 226d | - | 214d | 173d | 154d | - | 165d | 196d | 180d | - |
| Cash conversion cycle | 428d | - | 424d | 436d | 442d | - | 454d | 440d | 442d | - |
| Valuation | ||||||||||
| P / E | 47.5x | - | 61.5x | 51.1x | 55.5x | - | 56.0x | 91.1x | 76.9x | - |
| P / B | 1.8x | - | 2.4x | 2.0x | 2.1x | - | 2.8x | 3.2x | 3.5x | - |
| P / S | 6.8x | - | 9.3x | 7.3x | 9.0x | - | 11.0x | 13.4x | 14.0x | - |
| EV / EBITDA | 29.8x | - | 40.0x | 33.1x | 35.5x | - | - | - | 52.2x | - |
| Growth | ||||||||||
| Revenue growth (YoY) | 17.1% | - | 7.7% | 14.8% | -2.3% | - | 5.7% | -1.8% | 7.2% | - |
| Revenue CAGR (3y) | 7.0% | - | 9.9% | 12.4% | 7.2% | - | 15.0% | 10.2% | 6.9% | - |
| Revenue CAGR (5y) | 6.9% | - | - | - | - | - | - | - | - | - |
| Gross profit growth (YoY) | 19.2% | - | 10.3% | 19.5% | -5.2% | - | 6.6% | -2.3% | 15.7% | - |
| Operating income growth (YoY) | 9.4% | - | -2.7% | 3.2% | -12.6% | - | 2.7% | -9.7% | 14.2% | - |
| Net income growth (YoY) | 0.0% | - | -17.6% | 11.6% | -12.3% | - | 17.0% | -21.2% | 10.9% | - |
| EPS growth (YoY) | 9.5% | - | -13.2% | 16.2% | -10.6% | - | 17.8% | -21.3% | 11.9% | - |
| EPS CAGR (3y) | 3.1% | - | 14.1% | 11.5% | 4.3% | - | 18.3% | 0.9% | 0.7% | - |
| EPS CAGR (5y) | 0.0% | - | -0.8% | - | 3.1% | - | 3.8% | -2.5% | 3.3% | - |
| FCF growth (YoY) | 7.4% | - | - | - | 14.1% | - | - | - | 25.5% | - |
| FCF CAGR (5y) | -7.6% | - | - | - | -3.8% | - | - | - | -3.5% | - |
| Book value growth (YoY) | 1.1% | 0.8% | 3.2% | 1.2% | 4.1% | 6.7% | 6.6% | 9.3% | 11.9% | 11.9% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Business segments
$2.53B totalAutomotive Products Segment$2.26B · 89.0%
Premium Audio Products Segment$151.30M · 6.0%
All Other Segments$127.07M · 5.0%
Product / service
$3.45B totalAutomotive Mirrors Electronics$2.14B · 61.9%
Automotive Products$698.68M · 20.3%
Other Products$127.07M · 3.7%
Home Link Modules$119.76M · 3.5%
Premium Speaker Products$106.98M · 3.1%
Premium Audio Products$89.89M · 2.6%
Aftermarket Products$53.75M · 1.6%
Premium Receiver Products$44.32M · 1.3%
Fire Protection Products$24.61M · 0.7%
Consumer Electronic Products$22.22M · 0.6%
Windows Product$18.91M · 0.5%
Biometric Products$6.24M · 0.2%
Medical Products$1.34M · 0.0%
Peer comparison
Same SIC group: Motor Vehicle Parts & Accessories
Comparing GENTEX CORP against the 5 most active filers in the same SIC group.
Dividends
$0.48/share trailing 12 months · 0.0% YoY
| Ex-date | Per share |
|---|---|
| Apr 8, 2026 | $0.1200 |
| Jan 7, 2026 | $0.1200 |
| Oct 8, 2025 | $0.1200 |
| Jul 9, 2025 | $0.1200 |
| Apr 9, 2025 | $0.1200 |
| Jan 8, 2025 | $0.1200 |
| Oct 9, 2024 | $0.1200 |
| Jul 5, 2024 | $0.1200 |
| Apr 4, 2024 | $0.1200 |
| Jan 4, 2024 | $0.1200 |
| Oct 5, 2023 | $0.1200 |
| Jul 6, 2023 | $0.1200 |
| Apr 5, 2023 | $0.1200 |
| Jan 5, 2023 | $0.1200 |
| Oct 6, 2022 | $0.1200 |
| Jul 7, 2022 | $0.1200 |
| Apr 7, 2022 | $0.1200 |
| Jan 6, 2022 | $0.1200 |
| Oct 7, 2021 | $0.1200 |
| Jul 8, 2021 | $0.1200 |
| Apr 8, 2021 | $0.1200 |
| Jan 7, 2021 | $0.1200 |
| Oct 8, 2020 | $0.1200 |
| Jul 9, 2020 | $0.1200 |