GENTEX CORP
For the period ended Sep 30, 2025. Filed Nov 7, 2025.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2025 · Filed Nov 7, 2025
GNTX$19.42-0.4%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Unaudited Condensed Consolidated Statements of Shareholders' Investment
For the Three Months Ended September 30, 2025 and 2024
| Common StockShares | Common StockAmount | Additional Paid-InCapital | Retained Earnings | Accumulated OtherComprehensiveIncome (Loss) | Total | Equity Attributable to Noncontrolling Interests | Total Shareholders’Investment | |
|---|---|---|---|---|---|---|---|---|
| BALANCE AS OF JULY 1, 2025 | 219,520,750 | $13,171,245 | $998,911,809 | $1,421,351,763 | $(3,396,649) | $2,430,038,168 | $599,556 | $2,430,637,724 |
| Issuance of common stock from stock plan transactions | 434,634 | 26,078 | 7,028,233 | — | — | 7,054,311 | — | 7,054,311 |
| Repurchases of common stock | (1,003,580) | (60,215) | (4,044,427) | (24,178,827) | — | (28,283,469) | — | (28,283,469) |
| Stock-based compensation expense related to stock options, employee stock purchases and restricted stock | — | — | 10,436,395 | — | — | 10,436,395 | — | 10,436,395 |
| Dividends declared ($0.12 per share) | — | — | — | (26,274,216) | — | (26,274,216) | — | (26,274,216) |
| Purchase of additional interest in EyeLock LLC | — | — | 525,301 | — | — | 525,301 | (600,301) | (75,000) |
| Net income (1) | — | — | — | 100,967,910 | — | 100,967,910 | 745 | 100,968,655 |
| Other comprehensive income | — | — | — | — | 750,426 | 750,426 | — | 750,426 |
| BALANCE AS OF SEPTEMBER 30, 2025 | 218,951,804 | $13,137,108 | $1,012,857,311 | $1,471,866,630 | $(2,646,223) | $2,495,214,826 | $— | $2,495,214,826 |
| BALANCE AS OF JULY 1, 2024 | 230,229,539 | $13,813,772 | $1,000,014,813 | $1,394,446,595 | $(7,975,653) | $2,400,299,527 | $— | $2,400,299,527 |
| Issuance of common stock from stock plan transactions | 408,566 | 24,514 | 3,757,530 | — | — | 3,782,044 | — | 3,782,044 |
| Repurchases of common stock | (3,194,815) | (191,689) | (12,363,936) | (83,784,324) | — | (96,339,949) | — | (96,339,949) |
| Stock-based compensation expense related to stock options, employee stock purchases and restricted stock | — | — | 9,540,105 | — | — | 9,540,105 | — | 9,540,105 |
| Dividends declared ($0.12 per share) | — | — | — | (27,293,155) | — | (27,293,155) | — | (27,293,155) |
| Net income | — | — | — | 122,549,041 | — | 122,549,041 | — | 122,549,041 |
| Other comprehensive income | — | — | — | — | 5,089,729 | 5,089,729 | — | 5,089,729 |
| BALANCE AS OF SEPTEMBER 30, 2024 | 227,443,290 | $13,646,597 | $1,000,948,512 | $1,405,918,157 | $(2,885,924) | $2,417,627,342 | $— | $2,417,627,342 |
(1)Net income (loss) excludes net loss attributable to redeemable non-controlling interest of $81,902 for the three months ended September 30, 2025 (see Note 16).
UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF SHAREHOLDERS' INVESTMENT
For the Nine Months Ended September 30, 2025 and 2024
| Common StockShares | Common StockAmount | Additional Paid-InCapital | Retained Earnings | Accumulated OtherComprehensiveLoss | Total | Equity Attributable to Noncontrolling Interests | Total Shareholders’Investment | |
|---|---|---|---|---|---|---|---|---|
| BALANCE AS OF JANUARY 1, 2025 | 227,207,472 | $13,632,448 | $1,010,440,420 | $1,450,287,128 | $(6,409,341) | $2,467,950,655 | $4,149,000 | $2,472,099,655 |
| Issuance of common stock from stock plan transactions | 1,550,327 | 93,020 | 13,245,032 | — | — | 13,338,052 | — | 13,338,052 |
| Repurchases of common stock | (9,805,995) | (588,360) | (39,156,090) | (190,706,233) | — | (230,450,683) | — | (230,450,683) |
| Stock-based compensation expense related to stock options, employee stock purchases and restricted stock | — | — | 26,596,685 | — | — | 26,596,685 | — | 26,596,685 |
| Dividends declared ($0.36 per share) | — | — | — | (79,595,804) | — | (79,595,804) | — | (79,595,804) |
| Capital contributions, net | — | — | — | — | — | — | 442,500 | 442,500 |
| Fair value of non-controlling interest in EyeLock LLC | — | — | — | — | — | — | 656,000 | 656,000 |
| Purchase of additional interest in EyeLock LLC | — | — | 525,301 | — | — | 525,301 | (600,301) | (75,000) |
| Purchase of additional interest in BioCenturion LLC | — | — | 1,205,963 | — | — | 1,205,963 | (4,591,549) | (3,385,586) |
| Net income (loss) (1) | — | — | — | 291,881,539 | — | 291,881,539 | (55,650) | 291,825,889 |
| Other comprehensive income | — | — | — | — | 3,763,118 | 3,763,118 | — | 3,763,118 |
| BALANCE AS OF SEPTEMBER 30, 2025 | 218,951,804 | $13,137,108 | $1,012,857,311 | $1,471,866,630 | $(2,646,223) | $2,495,214,826 | $— | $2,495,214,826 |
| BALANCE AS OF JANUARY 1, 2024 | 231,455,443 | $13,887,326 | $968,245,875 | $1,336,940,990 | $(6,557,122) | $2,312,517,069 | $— | $2,312,517,069 |
| Issuance of common stock from stock plan transactions | 1,786,232 | 107,174 | 23,917,179 | — | — | 24,024,353 | — | 24,024,353 |
| Repurchases of common stock | (5,798,385) | (347,903) | (22,151,437) | (165,179,271) | — | (187,678,611) | — | (187,678,611) |
| Stock-based compensation expense related to stock options, employee stock purchases and restricted stock | — | — | 30,936,895 | — | — | 30,936,895 | — | 30,936,895 |
| Dividends declared ($0.36 per share) | — | — | — | (82,663,756) | — | (82,663,756) | — | (82,663,756) |
| Net income | — | — | — | 316,820,194 | — | 316,820,194 | — | 316,820,194 |
| Other comprehensive income | — | — | — | — | 3,671,198 | 3,671,198 | — | 3,671,198 |
| BALANCE AS OF SEPTEMBER 30, 2024 | 227,443,290 | $13,646,597 | $1,000,948,512 | $1,405,918,157 | $(2,885,924) | $2,417,627,342 | $— | $2,417,627,342 |
(1)Net income (loss) excludes net loss attributable to redeemable non-controlling interest of $414,641 for the nine months ended September 30, 2025 (see Note 16).
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.