Gentex Corp
NASDAQ:GNTX

Watchlist Manager
Gentex Corp Logo
Gentex Corp
NASDAQ:GNTX
Watchlist
Price: 24.14 USD 4.64% Market Closed
Market Cap: 5.3B USD

Gentex Corp
Investor Relations

In the bustling heart of Zeeland, Michigan, Gentex Corporation stands as a testament to the power of innovation melded with practical application in the modern automotive and technological landscape. Founded in 1974, Gentex began its journey with a focus on fire protection products before pivoting into the fascinating world of high-tech automotive components. Today, the company is predominantly recognized for its rearview mirrors with integrated electronic capabilities—revolutionary products that have redefined automotive safety and convenience. Leveraging their advanced electrochromic technology, Gentex's auto-dimming mirrors automatically adjust to reduce glare from trailing vehicles’ headlights, enhancing driver comfort and safety during night-time driving. Beyond mirrors, the company has expanded its product line to include cutting-edge digital vision systems and driver-assist features, encapsulating the transition towards more immersive and tech-savvy driving experiences.

Gentex’s prowess, however, is not confined merely to its product innovation but is also evidenced in its adept manufacturing capabilities and strategic market positioning. The company operates as a vertically integrated manufacturer, controlling the entire production process from design to assembly, which ensures a keen oversight on quality and cost efficiency—a critical factor in maintaining its competitive edge in the auto components industry. In addition to automotive markets, Gentex has diversified its technological expertise into other domains such as dimmable windows for aerospace and commercial buildings, showcasing its flexibility and knack for tapping into varied market demands. This strategic diversification ensures that Gentex not only remains relevant but also prospers amid the broader discourse of technological advancement, making it a stalwart entity in both automotive and beyond. Through these innovations and strategic business tactics, Gentex continues to illuminate avenues for growth while cementing its reputation as a leader in its field.

Show more
Loading
No Stocks Selected

Compare the stock's returns with its benchmark index and competitors. Gain insights into its relative performance over time.

Select Stock to Compare
Last Earnings Call
Fiscal Period
Q3 2025
Call Date
Oct 24, 2025
AI Summary
Q3 2025

Revenue Growth: Consolidated net sales reached $655.2 million, up 8% year-over-year, driven by the VOXX acquisition, though core Gentex revenue declined 6%.

Margins: Gross margin improved to 34.4% from 33.5%, with core Gentex gross margin up 140 basis points, despite a 90 basis point tariff headwind.

Regional Performance: North American OEM sales rose 5% QoQ, but Europe fell 14% and China dropped 35% YoY, mainly due to weaker mix and tariffs.

VOXX Integration: VOXX contributed $84.9 million in revenue; synergy realization and accretion to EPS are ahead of schedule.

Guidance Updated: 2025 revenue guidance raised to $2.5–$2.6 billion and gross margin to 33.5–34%, reflecting tariff impacts and VOXX contribution.

Cost Control: Ongoing focus on operational efficiencies, cost discipline, and early retirements has improved gross margin and cut expenses.

FDM Product Growth: Full Display Mirror sales remain strong; management expects to exceed 2024 volumes by 200,000–300,000 units in 2025.

China and Europe Headwinds: China faces OEM preference for local suppliers and tariffs, while Europe sees pressure from lower vehicle mix and decontenting.

Key Financials
Revenue
$655.2 million
Core Gentex Revenue
$570.3 million
VOXX Revenue
$84.9 million
Gross Margin
34.4%
Core Gentex Gross Margin
34.9%
Operating Expenses
$102.8 million
Net Income
$101 million
EPS
$0.46
Automotive Net Sales
$558 million
Other Product Line Sales
$12.3 million
Cash and Cash Equivalents
$178.6 million
Short-term and Long-term Investments
$267.2 million
Accounts Receivable
$384.7 million
Inventories
$498.8 million
Accounts Payable
$252 million
Operating Cash Flow (Q3)
$146.9 million
Year-to-date Operating Cash Flow
$461.6 million
CapEx (Q3)
$35.6 million
Year-to-date CapEx
$103.8 million
Depreciation and Amortization (Q3)
$25.9 million
Year-to-date Depreciation and Amortization
$78.8 million
Effective Tax Rate
16.3%
Shares Repurchased (Q3)
1 million shares at $28.18 per share
Year-to-date Shares Repurchased
9.8 million shares at $23.50 per share
Remaining Shares Available for Repurchase
39.6 million shares
Earnings Call Recording
Other Earnings Calls

Management

Mr. Matthew Chiodo
Senior VP of Sales & Chief Sales Officer
No Bio Available
Mr. Josh O'Berski
Director of Investor Relations
No Bio Available
Craig Piersma
Vice President of Marketing & Corporate Communications
No Bio Available
Mr. Seth Bushouse
Vice President of Human Resources
No Bio Available

Contacts

Address
MICHIGAN
Zeeland
600 N Centennial St
Contacts
+16167721800.0
www.gentex.com