GENTEX CORPGNTXEarnings & Financial Report
Gentex Corporation is an American electronics and technology company that develops, designs, and manufactures automatic-dimming rear-view mirrors, camera-based driver assistance systems, and other equipment for the automotive industry. They produce dimmable aircraft windows for the commercial, business and general aviation markets. In addition, the company produces photoelectric smoke detectors and signaling devices for the North American fire protection market as well as the HomeLink Wireles...
Revenue
$608.5M
Gross Profit
$204.1M
Operating Profit
$125.7M
Net Profit
$122.5M
Gross Margin
33.5%
Operating Margin
20.7%
Net Margin
20.1%
YoY Growth
5.7%
EPS
$0.53
Financial Flow
GENTEX CORP Q3 2024 Financial Summary
GENTEX CORP reported revenue of $608.5M (up 5.7% YoY) for Q3 2024, with a net profit of $122.5M (up 17.0% YoY) (20.1% margin). Cost of goods sold was $404.5M, operating expenses totaled $78.3M.
Key Financial Metrics
| Total Revenue | $608.5M |
|---|---|
| Net Profit | $122.5M |
| Gross Margin | 33.5% |
| Operating Margin | 20.7% |
| Report Period | Q3 2024 |
Revenue Breakdown
GENTEX CORP Q3 2024 revenue of $608.5M breaks down across 4 segments, led by Automotive Mirrors Electronics at $559.5M (91.9% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Automotive Mirrors Electronics | $559.5M | 91.9% |
| Home Link Modules | $37.0M | 6.1% |
| Other Products | $12.0M | 2.0% |
| Aerospace Products | $4.3M | 0.7% |
GENTEX CORP Revenue by Segment — Quarterly Trend
GENTEX CORP revenue by segment across the last 4 reported quarters, showing how each business line (such as Automotive Mirrors Electronics and Home Link Modules) has evolved quarter over quarter.
| Segment | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
|---|---|---|---|---|
| Automotive Mirrors Electronics | $513.5M | $543.6M | $548.9M | $530.1M |
| Home Link Modules | $26.8M | $30.0M | — | $33.7M |
| Other Products | $40.3M | — | $35.2M | $12.9M |
GENTEX CORP Annual Revenue by Year
GENTEX CORP annual revenue history includes year-by-year totals (for example, 2025 revenue was $2.5B).
| Year | Annual Revenue |
|---|---|
| 2025 | $2.5B |
| 2024 | $2.3B |
| 2023 | $2.3B |
| 2022 | $1.9B |
GENTEX CORP Quarterly Revenue & Net Profit History
GENTEX CORP results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q4 2025 | $644.4M | +19.0% | $93.3M | 14.5% |
| Q3 2025 | $655.2M | +7.7% | $101.0M | 15.4% |
| Q2 2025 | $657.9M | +14.8% | $96.0M | 14.6% |
| Q1 2025 | $576.8M | -2.3% | $94.9M | 16.4% |
| Q4 2024 | $541.6M | -8.1% | $87.7M | 16.2% |
| Q3 2024 | $608.5M | +5.7% | $122.5M | 20.1% |
| Q2 2024 | $572.9M | -1.8% | $86.0M | 15.0% |
| Q1 2024 | $590.2M | +7.2% | $108.2M | 18.3% |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $590.2M | $572.9M | $608.5M | $541.6M | $576.8M | $657.9M | $655.2M | $644.4M |
| YoY Growth | 7.2% | -1.8% | 5.7% | -8.1% | -2.3% | 14.8% | 7.7% | 19.0% |
Balance Sheet
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $2.71B | $2.74B | $2.74B | $2.76B | $2.78B | $2.81B | $2.94B | $2.93B |
| Liabilities | $336.9M | $338.0M | $317.7M | $288.7M | $303.1M | $380.7M | $441.2M | $437.7M |
| Equity | $2.38B | $2.40B | $2.42B | $2.47B | $2.47B | $2.43B | $2.50B | $2.49B |
Cash Flow
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $129.9M | $129.3M | $84.7M | $154.4M | $148.5M | $166.1M | $147.0M | $125.5M |