Gentex Corporation reported consolidated net sales of $655.2 million for the third quarter of 2025, an increase of 8% or $46.7 million compared to the same period in 2024. The company's acquisition of VOXX, completed on April 1, 2025, contributed $84.9 million in revenue during the quarter. Core Gentex revenue, excluding VOXX, was $570.3 million, representing a 6% decline from the prior year, despite a 2% increase in light vehicle production in key markets. Net income attributable to Gentex for the third quarter of 2025 was $101.0 million, down 18% from $122.5 million in 2024. Earnings per diluted share were $0.46, compared to $0.53 in the prior year quarter. For the nine months ended September 30, 2025, earnings per diluted share were $1.31, compared to $1.38 in the same period in 2024. The decrease in net income and earnings per share was primarily attributed to lower income from operations and higher operating expenses.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Gentex Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0000355811-25-000052), on November 07, 2025, and is solely responsible for the information contained therein.
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