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Gentex Corporation — Third Quarter 2026 Earnings Summary

  • Net sales decreased to $647.7 million from $655.2 million year-over-year, with GAAP net income falling to $90.6 million from $101.0 million and adjusted EPS flat at $0.47.
  • Full-year 2026 revenue guidance was lowered to $2.65 billion, and gross margin guidance was reduced to 34.0%–34.5% due to incremental cost increases and supply chain pressures, though 2027 revenue guidance remains unchanged at $2.80–$2.90 billion.
  • Non-automotive revenue grew 17% year-over-year to represent 15% of total revenue, driven by a 27% increase in Premium Audio and significant gains in Aerospace and Fire Protection.
  • The company repurchased 5.7 million shares for $132.6 million in the quarter and declared a consistent $0.12 per share dividend, while updating guidance to reflect tariffs effective October 23, 2026.
Company
GENTEX CORP
Sector
Consumer Cyclical
Industry
Auto Parts