Gentex Corporation (GNTX) Income Statement
GNTX 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsGNTX revenue and net income
Where GNTX's revenue goes
2025Each bar shows an amount and its share of revenue. GNTX kept 15.2% of revenue as net income.
GNTX profit margins
GNTX growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +9.6% | +9.7% | +8.5% | +5.1% |
| Gross profit | +12.4% | +12.4% | +7.4% | +3.7% |
| Operating income | +5.6% | +9.5% | +4.0% | +0.6% |
| Net income | −4.9% | +6.5% | +2.1% | +1.9% |
| EPS (diluted) | 0.0% | +9.8% | +4.6% | +5.1% |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
GNTX quarterly EPS vs estimates
Gentex beat the analyst EPS estimate in 6 of the last 8 quarters. Next report: October 23, 2026 (estimate $0.51).
GNTX income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.53B | $2.31B | $2.30B | $1.92B | $1.73B | $1.69B | $1.86B | $1.83B | $1.79B | $1.68B |
| Cost of revenue | $1.67B | $1.54B | $1.54B | $1.31B | $1.11B | $1.08B | $1.17B | $1.14B | $1.10B | $1.01B |
| Gross profit | $866.7M | $771.1M | $762.6M | $609.8M | $619.7M | $605.4M | $688.3M | $690.5M | $694.5M | $668.5M |
| Research & development | $203.3M | $181.5M | $154.4M | $133.3M | $117.8M | $115.9M | $114.7M | $107.1M | $99.7M | $94.2M |
| Sales, general & admin | $177.9M | $121.0M | $112.5M | $106.5M | $92.2M | $90.0M | $85.1M | $75.2M | $71.4M | $62.5M |
| Total operating expenses | $381.1M | $311.4M | $266.9M | $239.8M | $209.9M | $205.9M | $199.8M | $182.3M | $171.2M | $156.7M |
| Operating income | $485.6M | $459.7M | $495.7M | $370.0M | $409.8M | $399.6M | $488.5M | $508.1M | $523.4M | $511.7M |
| Interest income | — | — | — | — | — | — | $11.2M | $10.5M | $6.4M | $1.3M |
| Interest expense | — | — | — | $96.3M | $105.7M | $600,000 | $116.6M | $0 | $0 | $0 |
| Income before taxes | $461.1M | $472.2M | $505.0M | $369.7M | $416.4M | $411.8M | $500.4M | $522.0M | $531.8M | $510.6M |
| Income taxes | $76.4M | $67.7M | $76.6M | $51.0M | $55.6M | $64.2M | $75.7M | $84.2M | $125.0M | $163.0M |
| Net income | $384.8M | $404.5M | $428.4M | $318.8M | $360.8M | $347.6M | $424.7M | $437.9M | $406.8M | $347.6M |
| EBITDA | $565.1M | $563.3M | $598.3M | $466.3M | $515.5M | $504.3M | $593.2M | $610.3M | $622.9M | $600.3M |
| EPS (diluted) | $1.80 | $1.80 | $1.84 | $1.36 | $1.49 | $1.44 | $1.65 | $1.63 | $1.28 | $1.21 |
| Gross margin | 34.2% | 33.3% | 33.2% | 31.8% | 35.8% | 35.9% | 37.0% | 37.6% | 38.7% | 39.8% |
| Operating margin | 19.2% | 19.9% | 21.6% | 19.3% | 23.7% | 23.7% | 26.3% | 27.7% | 29.2% | 30.5% |
| Net margin | 15.2% | 17.5% | 18.6% | 16.6% | 20.8% | 20.6% | 22.8% | 23.9% | 22.7% | 20.7% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $651.3M | $675.4M | $644.4M | $655.2M | $657.9M | $576.8M | $541.6M | $608.5M | $572.9M | $590.2M | $589.1M | $575.8M |
| Cost of revenue | $410.3M | $446.8M | $419.9M | $430.1M | $432.6M | $385.0M | $365.4M | $404.5M | $384.4M | $388.0M | $385.8M | $384.4M |
| Gross profit | $241.0M | $228.6M | $224.5M | $225.2M | $225.3M | $191.7M | $176.2M | $204.1M | $188.6M | $202.2M | $203.4M | $191.4M |
| Research & development | $49.3M | $51.7M | $53.2M | $52.6M | $51.5M | $45.9M | $47.1M | $48.2M | $44.0M | $42.2M | $41.5M | $40.2M |
| Sales, general & admin | $50.0M | $49.8M | $49.7M | $49.7M | $48.5M | $29.9M | $30.5M | $30.1M | $29.7M | $30.7M | $29.1M | $28.8M |
| Total operating expenses | $99.7M | $101.4M | $103.0M | $102.3M | $106.8M | $78.7M | $86.5M | $78.3M | $73.7M | $72.9M | $70.6M | $69.0M |
| Operating income | $141.3M | $127.2M | $121.6M | $122.8M | $118.5M | $113.0M | $89.8M | $125.7M | $114.9M | $129.3M | $132.8M | $122.4M |
| Interest expense | — | — | — | — | — | — | — | — | — | — | $2.7M | — |
| Income before taxes | $136.8M | $118.0M | $111.4M | $120.6M | $115.5M | $113.6M | $97.8M | $145.5M | $101.3M | $127.6M | $135.9M | $124.5M |
| Income taxes | $22.6M | $19.6M | $18.1M | $19.7M | $19.8M | $18.8M | $10.1M | $22.9M | $15.3M | $19.4M | $19.0M | $19.8M |
| Net income | $114.7M | $98.5M | $93.0M | $101.0M | $96.0M | $94.9M | $87.7M | $122.5M | $86.0M | $108.2M | $116.9M | $104.7M |
| EBITDA | $167.5M | $143.7M | $136.6M | $146.5M | $152.7M | $141.4M | $122.5M | $168.4M | $125.3M | $151.6M | $158.2M | $146.6M |
| EPS (diluted) | $0.58 | $0.48 | $0.44 | $0.46 | $0.47 | $0.43 | $0.43 | $0.53 | $0.37 | $0.47 | $0.50 | $0.45 |
| Gross margin | 37.0% | 33.8% | 34.8% | 34.4% | 34.2% | 33.2% | 32.5% | 33.5% | 32.9% | 34.3% | 34.5% | 33.2% |
| Operating margin | 21.7% | 18.8% | 18.9% | 18.7% | 18.0% | 19.6% | 16.6% | 20.7% | 20.1% | 21.9% | 22.5% | 21.3% |
| Net margin | 17.6% | 14.6% | 14.4% | 15.4% | 14.6% | 16.4% | 16.2% | 20.1% | 15.0% | 18.3% | 19.9% | 18.2% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in GNTX's financial statements (latest annual report filed February 24, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
GNTX financial results
In fiscal year 2025 (ended December 31, 2025), Gentex reported revenue of $2.5 billion, up 9.6% from the year before. It had net income of $384.8 million (down 4.9%), a net profit margin of 15.2%. Diluted earnings per share came to $1.80. Over five years revenue grew at an average rate of 8.5% a year.
See the GNTX stock overview for the latest quote and news, or the GNTX chart for price history and technical indicators.
GNTX income statement FAQ
What is Gentex's annual revenue?
Gentex reported total revenue of $2.5 billion for fiscal year 2025, which ended on December 31, 2025. That was up 9.6% from $2.3 billion the previous year.
Is Gentex profitable?
Yes. Gentex reported net income of $384.8 million in fiscal 2025, a net profit margin of 15.2%; its operating margin was 19.2%.
What is Gentex's gross margin?
Gentex's gross margin was 34.2% in fiscal 2025: for every $100 of revenue, Gentex kept $34 after the direct cost of its products and services.
How much does Gentex spend on research and development?
Gentex spent $203.3 million on research and development in fiscal 2025, 8.0% of revenue.
How fast is Gentex growing?
Revenue grew 8.5% a year on average over the last five fiscal years, from $1.7 billion to $2.5 billion.
What are Gentex's earnings per share?
Gentex earned $1.80 per diluted share in fiscal 2025, compared with $1.80 a year earlier.
When will Gentex report its next earnings?
Gentex is expected to report results for the quarter ending September 30, 2026 on October 23, 2026 before the market opens.
When does Gentex's fiscal year end?
Gentex's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on February 24, 2026.