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Gentex Reports Fourth Quarter And Year End 2025 Financial Results
ZEELAND, Mich., Jan. 30, 2026 (GLOBE NEWSWIRE) -- Gentex Corporation (NASDAQ: GNTX), a leading supplier of digital vision, connected car, dimmable glass, fire
About this update from Gentex Corporation
[{"type":"text","content":"ZEELAND, Mich., Jan. 30, 2026 (GLOBE NEWSWIRE) -- Gentex Corporation (NASDAQ: GNTX), a leading supplier of digital vision, connected car, dimmable glass, fire protection technologies, medical devices, and consumer electronics, today reported financial results for the fourth quarter and calendar year ended December 31, 2025. Fourth Quarter and Calendar Year 2025 Highlights: Fourth Quarter 2025 Net Sales: Consolidated $644.4 million; Core Gentex (ex-VOXX) $541.0 millionGross Margin: Consolidated 34.8%; Core Gentex (ex-VOXX) 35.5%Income from Operations: Consolidated $120.1 millionNet Income attributable to Gentex: Consolidated $93.0 millionConsolidated earnings per diluted share attributable to Gentex: $0.43 Calendar Year 2025 Net Sales: Consolidated $2.53 billion; Core Gentex (ex- VOXX) $2.27 billionGross Margin: Consolidated 34.2%; Core Gentex (ex-VOXX) 34.7%Income from Operations: Consolidated $473.9 millionNet income attributable to Gentex: Consolidated $384.8 millionEarnings per diluted share attributable to Gentex: Consolidated $1.74Capital returned to shareholders: $425.9 million (35% increase vs. 2024) $319.0 million in share repurchases (13.6 million shares) $106.9 million in dividends Fourth Quarter 2025 For the fourth quarter of 2025, the Company reported consolidated net sales of $644.4 million, an increase of 19% compared to net sales of $541.6 million for the fourth quarter of 2024. VOXX contributed $103.4 million of revenue during the fourth quarter, and core Gentex revenue was $541.0 million, approximately flat compared with revenue in the fourth quarter of 2024 (which also excluded VOXX), despite a 2% decline in light vehicle production quarter-over-quarter in the Company's primary markets of North America, Europe, and Japan/Korea. “While core Gentex revenue was essentially flat compared to the fourth quarter of last year, our performance within our primary markets was notably stronger. Revenue in these regions grew approximately 3% quarter‑over‑quarter, compared to a 2% decline in light‑vehicle production, representing a five‑point outperformance relative to the underlying market. Sales into China totaled approximately $34.5 million for the quarter despite the impact from tariffs and counter-tariffs that have impacted our exports into the China market. In addition, VOXX delivered over $100 million in revenue in la...