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Side-by-side financial comparison of GENTEX CORP (GNTX) and PIPER SANDLER COMPANIES (PIPR). Click either name above to swap in a different company.

PIPER SANDLER COMPANIES is the larger business by last-quarter revenue ($667.0M vs $586.8M, roughly 1.1× GENTEX CORP). PIPER SANDLER COMPANIES runs the higher net margin — 17.1% vs 16.0%, a 1.1% gap on every dollar of revenue. On growth, PIPER SANDLER COMPANIES posted the faster year-over-year revenue change (37.4% vs 1.7%). Over the past eight quarters, PIPER SANDLER COMPANIES's revenue compounded faster (39.2% CAGR vs 1.2%).

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...

Piper Sandler Companies is an American multinational investment bank and financial services company, focused on mergers and acquisitions, financial restructuring, public offerings, public finance, institutional brokerage, investment management, and securities research. Through its principal subsidiary, Piper Sandler & Co., the company targets corporations, institutional investors, and public entities.

GNTX vs PIPR — Head-to-Head

Bigger by revenue
PIPR
PIPR
1.1× larger
PIPR
$667.0M
$586.8M
GNTX
Growing faster (revenue YoY)
PIPR
PIPR
+35.7% gap
PIPR
37.4%
1.7%
GNTX
Higher net margin
PIPR
PIPR
1.1% more per $
PIPR
17.1%
16.0%
GNTX
Faster 2-yr revenue CAGR
PIPR
PIPR
Annualised
PIPR
39.2%
1.2%
GNTX

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
GNTX
GNTX
PIPR
PIPR
Revenue
$586.8M
$667.0M
Net Profit
$93.8M
$114.0M
Gross Margin
34.0%
Operating Margin
20.1%
28.3%
Net Margin
16.0%
17.1%
Revenue YoY
1.7%
37.4%
Net Profit YoY
-4.7%
65.0%
EPS (diluted)
$0.44
$6.41

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
GNTX
GNTX
PIPR
PIPR
Q1 26
$586.8M
Q4 25
$644.4M
$667.0M
Q3 25
$655.2M
$480.1M
Q2 25
$657.9M
$398.6M
Q1 25
$576.8M
$358.6M
Q4 24
$541.6M
$485.4M
Q3 24
$608.5M
$360.9M
Q2 24
$572.9M
$340.8M
Net Profit
GNTX
GNTX
PIPR
PIPR
Q1 26
$93.8M
Q4 25
$93.3M
$114.0M
Q3 25
$101.0M
$60.3M
Q2 25
$96.0M
$42.2M
Q1 25
$94.9M
$64.9M
Q4 24
$87.7M
$69.1M
Q3 24
$122.5M
$34.8M
Q2 24
$86.0M
$34.8M
Gross Margin
GNTX
GNTX
PIPR
PIPR
Q1 26
34.0%
Q4 25
34.8%
Q3 25
34.4%
Q2 25
34.2%
Q1 25
33.2%
Q4 24
32.5%
Q3 24
33.5%
Q2 24
32.9%
Operating Margin
GNTX
GNTX
PIPR
PIPR
Q1 26
20.1%
Q4 25
18.6%
28.3%
Q3 25
18.7%
22.4%
Q2 25
18.0%
12.3%
Q1 25
19.6%
8.2%
Q4 24
16.6%
16.9%
Q3 24
20.7%
15.4%
Q2 24
20.1%
8.3%
Net Margin
GNTX
GNTX
PIPR
PIPR
Q1 26
16.0%
Q4 25
14.5%
17.1%
Q3 25
15.4%
12.6%
Q2 25
14.6%
10.6%
Q1 25
16.4%
18.1%
Q4 24
16.2%
14.2%
Q3 24
20.1%
9.6%
Q2 24
15.0%
10.2%
EPS (diluted)
GNTX
GNTX
PIPR
PIPR
Q1 26
$0.44
Q4 25
$0.43
$6.41
Q3 25
$0.46
$3.38
Q2 25
$0.43
$2.38
Q1 25
$0.42
$3.65
Q4 24
$0.39
$3.88
Q3 24
$0.53
$1.96
Q2 24
$0.37
$1.97

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
GNTX
GNTX
PIPR
PIPR
Cash + ST InvestmentsLiquidity on hand
$175.0M
Total DebtLower is stronger
Stockholders' EquityBook value
$1.4B
Total Assets
$3.0B
$2.6B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GNTX
GNTX
PIPR
PIPR
Q1 26
$175.0M
Q4 25
$151.0M
Q3 25
$183.4M
Q2 25
$141.1M
Q1 25
$307.1M
Q4 24
$255.6M
Q3 24
$200.1M
Q2 24
$275.8M
Stockholders' Equity
GNTX
GNTX
PIPR
PIPR
Q1 26
Q4 25
$2.5B
$1.4B
Q3 25
$2.5B
$1.3B
Q2 25
$2.4B
$1.2B
Q1 25
$2.5B
$1.2B
Q4 24
$2.5B
$1.2B
Q3 24
$2.4B
$1.2B
Q2 24
$2.4B
$1.1B
Total Assets
GNTX
GNTX
PIPR
PIPR
Q1 26
$3.0B
Q4 25
$2.9B
$2.6B
Q3 25
$2.9B
$2.2B
Q2 25
$2.8B
$2.0B
Q1 25
$2.8B
$1.8B
Q4 24
$2.8B
$2.3B
Q3 24
$2.7B
$2.0B
Q2 24
$2.7B
$1.9B

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
GNTX
GNTX
PIPR
PIPR
Operating Cash FlowLast quarter
$729.8M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
6.40×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GNTX
GNTX
PIPR
PIPR
Q1 26
Q4 25
$125.5M
$729.8M
Q3 25
$147.0M
$31.9M
Q2 25
$166.1M
$32.1M
Q1 25
$148.5M
$-207.2M
Q4 24
$154.4M
$163.8M
Q3 24
$84.7M
$80.1M
Q2 24
$129.3M
$266.5M
Free Cash Flow
GNTX
GNTX
PIPR
PIPR
Q1 26
Q4 25
$99.8M
Q3 25
$111.4M
Q2 25
$135.0M
Q1 25
$111.8M
Q4 24
$112.7M
Q3 24
$45.4M
Q2 24
$97.5M
FCF Margin
GNTX
GNTX
PIPR
PIPR
Q1 26
Q4 25
15.5%
Q3 25
17.0%
Q2 25
20.5%
Q1 25
19.4%
Q4 24
20.8%
Q3 24
7.5%
Q2 24
17.0%
Capex Intensity
GNTX
GNTX
PIPR
PIPR
Q1 26
Q4 25
4.0%
Q3 25
5.4%
Q2 25
4.7%
Q1 25
6.4%
Q4 24
7.7%
Q3 24
6.5%
Q2 24
5.5%
Cash Conversion
GNTX
GNTX
PIPR
PIPR
Q1 26
Q4 25
1.35×
6.40×
Q3 25
1.46×
0.53×
Q2 25
1.73×
0.76×
Q1 25
1.57×
-3.19×
Q4 24
1.76×
2.37×
Q3 24
0.69×
2.30×
Q2 24
1.50×
7.66×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

GNTX
GNTX

Segment breakdown not available.

PIPR
PIPR

Advisory Services$402.6M60%
Equities Financing$66.7M10%
Equity Salesand Trading$64.2M10%
Fixed Income Salesand Trading$47.9M7%
Other$46.7M7%
Debt Financing$38.9M6%

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