GENTEX CORP

For the period ended Sep 30, 2026. Filed Nov 6, 2026.

About this filing

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, 2026 · Filed Nov 6, 2026

GNTX$19.42-0.4%Stored close · as of Nov 10, 2026

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Contents

Unaudited Condensed Consolidated Statements of Income

For the Three and Nine Months Ended September 30, 2026 and 2025

	Three Months Ended September 30,		Nine Months Ended September 30,
	2026	2025	2026	2025
NET SALES	$647,709,651	$655,236,055	$1,974,452,482	$1,889,867,355
COST OF GOODS SOLD	431,378,974	430,069,318	1,288,497,162	1,247,676,128
Gross profit	216,330,677	225,166,737	685,955,320	642,191,227
OPERATING EXPENSES:
Engineering, research and development	51,568,685	52,634,707	152,480,305	150,030,348
Selling, general & administrative	45,925,812	49,686,902	145,755,108	128,135,262
Impairment charges (Note 3)	3,000,000	—	5,800,000	—
Severance expense	776,979	518,190	1,862,392	10,191,438
Total operating expenses	101,271,476	102,839,799	305,897,805	288,357,048
Income from operations	115,059,201	122,326,938	380,057,515	353,834,179
OTHER (LOSS) INCOME
Investment (loss) income, net	(1,742,858)	542,055	(7,394,435)	1,788,679
Other, net	(6,099,619)	(2,298,285)	(10,570,104)	(5,954,429)
Total other (loss) income, net	(7,842,477)	(1,756,230)	(17,964,539)	(4,165,750)
INCOME BEFORE PROVISION FOR INCOME TAXES	107,216,724	120,570,708	362,092,976	349,668,429
PROVISION FOR INCOME TAXES	16,651,840	19,684,004	58,923,261	58,257,230
NET INCOME	$90,564,884	$100,886,704	$303,169,715	$291,411,199
Less: Net loss attributable to non-controlling interests	—	(81,206)	(539,730)	(470,340)
NET INCOME ATTRIBUTABLE TO GENTEX CORPORATION	$90,564,884	$100,967,910	$303,709,445	$291,881,539
EARNINGS PER SHARE ATTRIBUTABLE TO GENTEX CORPORATION: (1)
Basic	$0.43	$0.46	$1.44	$1.31
Diluted	$0.43	$0.46	$1.44	$1.31
Cash Dividends Declared per Share	$0.120	$0.120	$0.360	$0.360
(1) Earnings Per Share has been adjusted to exclude the portion of net income allocated to participating securities as a result of share-based payment awards.

UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME

For the Three and Nine Months Ended September 30, 2026 and 2025

	Three Months Ended September 30,		Nine Months Ended September 30,
	2026	2025	2026	2025
Net income from consolidated operations	$90,564,884	$100,886,704	$303,169,715	$291,411,199
Other comprehensive income before tax:
Foreign currency translation adjustments	(678,630)	872,761	1,349,699	2,636,542
Unrealized gains (losses) on derivatives	1,309	147,094	734,645	(1,098,273)
Unrealized gains (losses) on debt securities, net	(2,940,924)	(301,948)	(4,415,254)	2,524,319
Other comprehensive income (loss), before tax	(3,618,245)	717,907	(2,330,910)	4,062,588
Income tax impact related to components of other comprehensive income (loss)	(617,319)	(32,519)	(772,928)	299,470
Other comprehensive income (loss), net of tax	(3,000,926)	750,426	(1,557,982)	3,763,118
Comprehensive income from consolidated operations	$87,563,958	$101,637,130	$301,611,733	$295,174,317
Net loss attributable to non-controlling interests	—	(81,206)	(539,730)	(470,340)
Comprehensive income attributable to Gentex Corporation	$87,563,958	$101,718,336	$302,151,463	$295,644,657

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.