Earnings ·
Gentex reports Q3 net income of $90.6M, cuts 2026 revenue guidance to $2.65B
GNTXGentex Corp
Gentex Corporation reported third-quarter 2026 net sales of $647.7 million and GAAP diluted earnings per share of $0.43, down from $0.46 in the prior-year period. The company cited a $35 million revenue shortfall due to customer issues and delayed launches, as well as higher precious metal costs that compressed gross margin to 33.4%. Consequently, Gentex lowered its full-year 2026 consolidated revenue guidance to approximately $2.65 billion from a previous range of $2.65–$2.75 billion and reduced its gross margin outlook to 34.0%–34.5%. The company also announced it repurchased 5.7 million shares for $132.6 million during the quarter. Gentex is a leading supplier of digital vision, connected car technologies, dimmable glass, fire protection systems, and consumer electronics.