Gentex Corporation (GNTX) reported fourth-quarter 2025 adjusted earnings per share of 43 cents, matching analysts’ estimates and rising from 39 cents year-over-year. The Zeeland-based company saw net sales of $644.4 million, falling short of the expected $653 million, but marking a 19% increase from the previous year.
Automotive net sales were $527.6 million, down from $531.3 million in the year-ago quarter and missing estimates of $563.2 million. Total auto-dimming mirror shipments decreased by 3% to 10.46 million units. Total operating expenses surged by 20.7% year-over-year to $104.42 million, with engineering and R&D expenses rising to $53.23 million. For 2026, Gentex projects net sales between $2.60 billion and $2.70 billion, expecting a gross margin of 34-35%.
As of December 31, 2025, Gentex had cash and equivalents of approximately $145.6 million and repurchased 3.8 million shares at an average price of $23.43. The company completed its acquisition of VOXX on April 1, 2025, contributing $103.4 million in sales for the quarter.
