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Gentex Q4 Earnings Match Estimates, Revenues Increase Y/Y

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Key Takeaways

  • GNTX posted Q4 EPS of 43 cents, matching estimates, while net sales climbed 19% year over year.
  • Gentex's core gross margin rose 300 bps to 35.5% on lower purchasing costs, better mix and efficiencies.
  • GNTX guides 2026 sales at $2.60-$2.70B, with gross margin seen at 34-35%.

Gentex Corporation’s (GNTX - Free Report) fourth-quarter 2025 adjusted earnings per share (EPS) of 43 cents matched the Zacks Consensus Estimate and increased from 39 cents reported a year ago.

This Zeeland-based automotive products supplier reported net sales of $644.4 million, which lagged the Zacks Consensus Estimate of $653 million but increased 19% from the year-ago period. The company’s core gross margin reached 35.5%, reflecting an increase of 300 basis points from the fourth quarter of 2024 due to a reduction in purchasing costs, improved mix and operational efficiencies.

Gentex Corporation Price, Consensus and EPS Surprise

Gentex Corporation Price, Consensus and EPS Surprise

Gentex Corporation price-consensus-eps-surprise-chart | Gentex Corporation Quote

GNTX’s Revenues by Category

Gentex Automotive net sales, contributing the most to Gentex’s revenues, were $527.6 million in the fourth quarter, down from $531.3 million reported in the year-ago quarter. The figure missed our estimate of $563.2 million.

In the reported quarter, auto-dimming mirror shipments in North America’s market fell 2% to 3,371,000 units. Shipments fell 3% year over year in the international markets to 7,091,000 units. Total shipments declined 3% to 10,462,000 units.

Gentex’s Other net sales, which include dimmable aircraft windows, fire protection products, biometric products and medical products, increased from the year-ago quarter’s $10.3 million to $13.3 million.

The company completed VOXX’s acquisition on April 1, 2025. In the fourth quarter, VOXX recorded sales of $103.4 million.

GNTX’s Financial Tidbits

Total operating expenses rose 20.7% year over year to $104.42 million in the fourth quarter of 2025. Engineering and R&D expenses increased to $53.23 million from $47.06 million recorded in the corresponding quarter of 2024. SG&A expenses increased to $49.73 million from $30.53 million recorded a year ago.

Gentex repurchased 3.8 million shares of its common stock in the fourth quarter at an average price of $23.43 per share. As of Dec. 31, 2025, the company had nearly 35.9 million shares authorized for repurchase. Gentex had cash and cash equivalents of about $145.6 million as of Dec. 31, 2025.

GNTX Provides 2026 Guidance

Gentex expects 2026 net sales in the range of $2.60-$2.70 billion compared with $2.53 billion recorded in 2025. The gross margin is projected to be in the band of 34-35% compared with 34.2% reported in 2025. Capital expenditure is anticipated to be between $125 million and $140 million, while operating expenses are estimated in the band of $410-$420 million.

GNTX’s Zacks Rank & Other Key Picks

GNTX currently carries a Zacks Rank #2 (Buy).

Some other top-ranked stocks in the auto space are Ford Motor (F - Free Report) , REV Group (REVG - Free Report)  and PHINIA Inc. (PHIN - Free Report) , each sporting a Zacks Rank #1 (Strong Buy) at present. You can see the complete list of today’s Zacks #1 Rank stocks here.

The Zacks Consensus Estimate for F’s 2025 sales implies year-over-year growth of 0.3%. EPS estimate for 2025 and 2026 has improved 7 cents and 11 cents, respectively, in the past 30 days.

The Zacks Consensus Estimate for REVG’s fiscal 2026 sales and earnings implies year-over-year growth of 8.1% and 37.8%, respectively. EPS estimate for fiscal 2026 and 2027 has improved 20 cents and 26 cents, respectively, in the past 60 days.

The Zacks Consensus Estimate for PHIN’s 2025 sales and earnings implies year-over-year growth of 1.1% and 33.4%, respectively. The EPS estimate for 2025 has improved 47 cents and 66 cents, respectively, in the past 60 days.


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