Gentex

Gentex makes auto-dimming rearview mirrors and electronics for cars, and it is the largest supplier of these mirrors. Its newer car products include the Full Display Mirror, which shows a camera view in the mirror, driver and cabin monitoring systems, dimmable glass for visors and sunroofs, and HomeLink, which lets a driver open a garage door from the car. It sells these products to car makers around the world. Gentex also makes dimmable aircraft windows, fire protection devices, medical products and biometric products.

On April 1, 2025, it bought VOXX International, which owns premium audio brands such as Klipsch, Onkyo and Integra. In Q3 2026, automotive sales were $553 million of $648 million of net sales, and non-automotive products gave about 15% of revenue. Gentex has no debt and returns cash with dividends and share buybacks.

The market prices Gentex as an auto supplier whose main product no longer grows. Its base auto-dimming mirror shipments fall, light vehicle production is weak, and tariffs and counter-tariffs cut its China revenue by 44% from a year earlier in Q3 2026. Q3 2026 net sales fell 1% to $648 million and were about $35 million below the company's own forecast from the start of the quarter. Gentex cut its 2026 revenue guidance to about $2.65 billion and its gross margin guidance to 34.0% to 34.5%, because precious metals and other costs rose.

Gentex expects production in its main markets of North America, Europe and Japan and Korea to fall about 1% in 2027. Investors doubt that newer products can replace the lost mirror volume soon enough. For the gap to close, three things must be true. Revenue must reach the 2027 guidance of $2.80 billion to $2.90 billion, which Gentex kept in October 2026.

Newer products, such as the Full Display Mirror, driver and cabin monitoring and dimmable visors and sunroofs, must add enough content per vehicle to grow revenue faster than production. In Q3 2026, North American automotive revenue grew about 3% while regional production fell 5%. Gross margin must come back near 35% as Gentex gets customers to pay for higher material costs. The full-year report and the 2027 outlook in about late January 2027 are the next test.

Because the new products ramp with car model launches, the gap can close only slowly, over the next two to three years, and a further fall in vehicle production or higher material costs can delay it.

1. Oct 23, 2026Failed

   Q3 2026 results: revenue against vehicle productionRevenue that grows faster than vehicle production and a full-year outlook kept at $2.65 billion to $2.75 billion pass; a cut to the 2026 or 2027 revenue guidance fails.Outcome: Net sales fell 1% while global production fell about 2%, but Gentex cut its 2026 revenue guidance to about $2.65 billion and its gross margin guidance to 34.0% to 34.5%.
2. Jan 23, 2027 · est.Pending

   Full-year 2026 results and 2027 outlook2027 revenue guidance kept at $2.80 billion to $2.90 billion with gross margin near 35% without tariff refunds passes; lower revenue guidance or a gross margin below 34% fails.
3. Q4 2027 · est.Pending

   New product ramp in 2027Growth from the Full Display Mirror, driver and cabin monitoring and dimmable devices that lifts 2027 revenue above 2026 passes; flat revenue with falling mirror shipments fails.

Every passed and failed checkpoint across all picks

• October 23, 2026Gentex reported Q3 2026 results. Net sales were $647.7 million, down 1% from a year earlier, and about $35 million below the company's forecast at the start of the quarter because of customer issues and delayed launches. China revenue fell 44% and the loss of a Volkswagen program cut revenue in Europe. Premium audio revenue grew 27% to $54.7 million. Gross margin fell to 33.4% from 34.4%, mostly because of higher precious metals costs. GAAP EPS was $0.43, and adjusted EPS was $0.47. Gentex won its first contract to make printed circuit board assemblies for another company, with production from 2029.
• October 23, 2026Gentex cut its 2026 revenue guidance to about $2.65 billion, from $2.65 billion to $2.75 billion, and its gross margin guidance to 34.0% to 34.5%, from 34.5% to 35.5%. It kept its 2027 revenue guidance of $2.80 billion to $2.90 billion. It bought back 5.7 million shares for $132.6 million in the quarter.
• October 1, 2026Gentex said that it will report Q3 2026 results on Friday, October 23, 2026, before the market opens, with a conference call at 9:30 a.m. ET.

Last earnings

October 23, 2026 (8-K on sec.gov)

Next earnings

Expected about January 23, 2027. The company has not confirmed the date.

• 10-QQuarterly report for the period ended Sep 30, 2026Filed November 6, 2026 · gntx-20260930
• 8-KEarnings releaseFiled October 23, 2026 · Press release and exhibits
• 10-QQuarterly report for the period ended Jun 30, 2026Filed August 4, 2026 · gntx-20260630
• 8-KEarnings releaseFiled July 24, 2026 · Press release and exhibits
• 8-KShareholder vote resultsFiled May 26, 2026 · gntx-20260521
• 10-QQuarterly report for the period ended Mar 31, 2026Filed May 6, 2026 · gntx-20260331
• 8-KEarnings releaseFiled April 24, 2026 · Press release and exhibits
• 10-KAnnual report for the period ended Dec 31, 2025Filed February 24, 2026 · gntx-20251231
• 8-KEarnings releaseFiled January 30, 2026 · Press release and exhibits
• 8-KShareholder vote resultsFiled May 19, 2025 · gntx-20250515

Every filing on SEC EDGAR (CIK 355811)

• Automotive sales are most of Gentex's revenue, and they depend on light vehicle production. Gentex expects global production to fall about 2% in 2026, and production in North America, Europe and Japan and Korea to fall about 1% in 2027. Shipments of base auto-dimming mirrors also fall, so growth must come from newer and higher-priced products.
• Tariffs and counter-tariffs hurt the business in China, where revenue fell 44% in Q3 2026 from a year earlier. Non-IEEPA tariffs still raise costs, and new tariffs can raise them again.
• Gross margin fell to 33.4% in Q3 2026, from 37.0% in Q2 2026, when about $18 million of one-time IEEPA tariff refunds helped it. Precious metals and electronic component costs are much higher than a year earlier, and car makers push for lower prices. Gentex expects $10 million to $15 million of extra costs in Q4 2026, and customers may pay them back only in the first half of 2027.
• The VOXX purchase moved Gentex into consumer audio, where sales depend on consumer spending and competition is strong. Gentex also recorded credit loss reserves and impairment charges on some loans and technology investments in Q2 and Q3 2026.

Gentex has no debt. At September 30, 2026, it had $136.4 million of cash and $9.2 million of short-term investments, shown as cash, and also $233.6 million of long-term investments. Read more

Yield at the current rate

2.5% (current annual rate, at today’s price)

Dividend yield

2.5% (last 12 months, at today’s price of $19.58)

Paid per share

$0.48 in the last 12 months (4 payments)

Current annual rate

$0.48 ($0.12 × 4 a year)

Payout ratio

28% of the last fiscal year’s earnings (the year that ended December 31, 2025)

Latest ex-dividend date

October 7, 2026, $0.12 per share

Dividends per share by year

From 2020 to 2025, the dividend grew by about 0.2% a year. From 2015 to 2025, the dividend grew by about 3.8% a year.

Source: company filings and market data, read on November 13, 2026. The ex-dividend date is the first day a buyer no longer gets the next payment.