Gentex reported FY 2025 net sales of USD 2.53 billion (+9.6%), with gross profit of USD 866.7 million and gross margin of 34.2% (vs. 33.3%). Income from operations was USD 473.9 million, while net income attributable to shareholders was USD 384.8 million (-4.9%). Cash and cash equivalents ended FY 2025 at USD 145.6 million and cash flow from operating activities was USD 587.1 million; capital expenditures were USD 129.1 million. The results reflect the acquisition of VOXX, completed April 1, 2025, which contributed FY 2025 net sales of USD 267.2 million and added USD 18.0 million to engineering, research and development expense and USD 55.1 million to selling, general and administrative expense. Gentex said core Gentex sales were USD 2.27 billion, down 2% due primarily to tariff and counter-tariff actions reducing demand for exports into China, and recorded severance expense of USD 11.6 million related mainly to early-retirement programs. The effective tax rate was 16.6% in FY 2025, and the company repurchased USD 315.5 million of common stock during the year.
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: 0000355811-26-000010), on February 24, 2026, and is solely responsible for the information contained therein.
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