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GENTEX CORP
CIK 355811Updated Sep 27, 2026
SecurityGNTX · NASDAQ · equity
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NASDAQ:GNTX on TradingView ↗In the news
Gentex Reports Second Quarter 2026 Financial Results ↗
Gentex Corporation Closes on its Acquisition of VOXX International Corporation News provided by VOXX International Corporation Apr 01, 2025, 09:02 ET Share this article Share to X Share this article Share to X ORLANDO, Fla. , April 1, 2025 /PRNewswire/ -- VOXX International Corporation (NASDAQ: VOXX ↗
Recent filings
10-Q filing
Results of Operations and Financial Condition
Items 2.02, 9.01
S-8 filing
SD filing
Submission of Matters to a Vote of Security Holders
Items 5.07
Show 5 more recent filings
Financials
FY 2025 · USDSource
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balance sheet · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 2,928,592,834Source | 2,760,820,975Source | 2,611,437,552Source | 2,327,229,924Source |
| Property, Plant and Equipment, NetUSD | 790,935,378Source | 728,481,467Source | 652,877,672Source | 550,033,036Source |
| GoodwillUSD | 357,211,919Source | 340,668,927Source | 340,105,631Source | 313,807,494Source |
| Intangible Assets, Net (Excluding Goodwill)USD | 189,341,387Source | 195,157,160Source | 214,005,910Source | 219,360,910Source |
| Current assets: | ||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 145,645,715Source | 233,318,766Source | 226,435,019Source | 214,754,638Source |
| Accounts Receivable, after Allowance for Credit Loss, CurrentUSD | 368,517,569Source | 295,344,353Source | 321,809,868Source | 276,493,752Source |
| Inventory, NetUSD | 516,253,617Source | 436,497,445Source | 402,473,028Source | 404,360,270Source |
| Assets, CurrentUSD | 1,128,434,468Source | 1,037,328,170Source | 997,738,153Source | 948,652,376Source |
| Prepaid Expense and Other Assets, CurrentUSD | 92,631,001Source | 49,862,777Source | 32,663,762Source | 26,036,331Source |
| Other Assets, NoncurrentUSD | 1,009,222,988Source | 995,011,338Source | 960,821,727Source | 828,544,512Source |
| LIABILITIES AND EQUITY | ||||
| LiabilitiesUSD | 437,660,897Source | 288,721,320Source | 298,920,483Source | 261,437,103Source |
| Stockholders’ equity: | ||||
| Common Stock, Value, IssuedUSD | 12,926,701Source | 13,632,448Source | 13,887,326Source | 14,050,160Source |
| Retained Earnings (Accumulated Deficit)USD | 1,466,046,002Source | 1,450,287,128Source | 1,336,940,990Source | 1,148,386,272Source |
| Stockholders' Equity Attributable to ParentUSD | 2,487,829,724Source | 2,467,950,655Source | 2,312,517,069Source | 2,065,792,821Source |
| Additional Paid in Capital, Common StockUSD | 1,008,589,267Source | 1,010,440,420Source | 968,245,875Source | 917,499,323Source |
| Liabilities and EquityUSD | 2,928,592,834Source | 2,760,820,975Source | 2,611,437,552Source | 2,327,229,924Source |
| Current liabilities: | ||||
| Liabilities, CurrentUSD | 387,542,969Source | 252,692,676Source | 271,608,976Source | 250,552,752Source |
| Accounts Payable, CurrentUSD | 248,983,498Source | 168,314,912Source | 184,398,820Source | 151,740,046Source |
| Deferred Income Tax Liabilities, NetUSD | 908,922Source | — | — | — |
| Other Liabilities, NoncurrentUSD | 49,209,006Source | 36,028,644Source | 27,311,507Source | 10,884,351Source |
| Stockholders' Equity Attributable to Noncontrolling InterestUSD | 0Source | 4,149,000Source | — | — |
| Additional Financial Items | ||||
| AOCI, Debt Securities, Available-for-sale, Adjustment, after TaxUSD | 1,347,044Source | -591,605Source | -2,022,403Source | -10,110,695Source |
| Dividends Payable, CurrentUSD | 25,853,403Source | 27,264,897Source | 27,774,653Source | 28,100,320Source |
| Redeemable Noncontrolling Interest, Equity, Carrying AmountUSD | 3,102,213Source | — | — | — |
| Short-term InvestmentsUSD | 5,386,566Source | 22,304,829Source | 14,356,476Source | 23,007,385Source |
cash flow · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Net Income (Loss), Including Portion Attributable to Noncontrolling InterestUSD | 384,682,077Source | 404,487,743Source | — | — |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Depreciation, Depletion and AmortizationUSD | 104,041,764Source | 94,714,662Source | 93,321,192Source | 96,568,443Source |
| Share-based Payment Arrangement, Noncash ExpenseUSD | 36,649,818Source | 39,539,362Source | 39,197,422Source | 30,228,606Source |
| Changes in operating assets and liabilities: | ||||
| Increase (Decrease) in Accounts ReceivableUSD | 14,615,535Source | -27,106,680Source | 45,251,116Source | 26,698,846Source |
| Increase (Decrease) in InventoriesUSD | -18,138,298Source | 32,624,417Source | -2,127,242Source | 88,092,828Source |
| Increase (Decrease) in Accounts PayableUSD | 52,402,600Source | -26,021,165Source | 40,951,490Source | 37,423,488Source |
| Deferred Income Tax Expense (Benefit)USD | -18,406,246Source | -12,421,412Source | -17,735,110Source | -17,777,777Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | 587,126,291Source | 498,213,220Source | 537,249,592Source | 338,200,529Source |
| Cash flows from investing activities: | ||||
| Payments to Acquire Businesses, Net of Cash AcquiredUSD | 156,291,946Source | 2,870,769Source | 18,936,539Source | 0Source |
| Net Cash Provided by (Used in) Investing ActivitiesUSD | -266,899,521Source | -202,078,417Source | -299,416,320Source | -172,738,508Source |
| Cash flows from financing activities: | ||||
| Payments for Repurchase of Common StockUSD | 315,499,459Source | 206,108,138Source | 147,401,103Source | 112,529,406Source |
| Net Cash Provided by (Used in) Financing ActivitiesUSD | -407,899,821Source | -289,251,056Source | -230,152,891Source | -209,019,053Source |
| Payments of Ordinary Dividends, Common StockUSD | 106,860,563Source | 110,438,045Source | 112,150,060Source | 113,091,921Source |
| Repayments of Long-term DebtUSD | — | — | — | 0Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | -87,673,051Source | 6,883,747Source | 7,680,381Source | -43,557,032Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 145,645,715Source | 233,318,766Source | 226,435,019Source | 218,754,638Source |
| Supplemental disclosure of cash flow information: | ||||
| Income Taxes Paid, NetUSD | 78,699,665Source | — | — | — |
| Additional Financial Items | ||||
| Amortization of Intangible AssetsUSD | — | 17,900,000Source | 19,700,000Source | 21,700,000Source |
| DepreciationUSD | 88,800,000Source | 76,800,000Source | 73,600,000Source | 74,900,000Source |
| Dividends Payable, CurrentUSD | 25,853,403Source | 27,264,897Source | 27,774,653Source | 28,100,320Source |
| Equity Method Investment, Other than Temporary ImpairmentUSD | 14,081,956Source | — | — | — |
| GoodwillUSD | 357,211,919Source | 340,668,927Source | 340,105,631Source | 313,807,494Source |
| Goodwill and Intangible Asset ImpairmentUSD | 0Source | — | — | — |
| Goodwill, Impairment LossUSD | 0Source | 3,664,704Source | 0Source | 0Source |
| Impairment of Intangible Assets (Excluding Goodwill)USD | 0Source | 5,200,000Source | — | — |
| Income Tax Expense (Benefit)USD | 76,380,338Source | 67,725,940Source | 76,577,902Source | 50,965,724Source |
| Net Income (Loss) Attributable to ParentUSD | 384,841,367Source | — | 428,403,272Source | 318,757,352Source |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | -159,290Source | — | — | — |
| Nonoperating Income (Expense)USD | -12,873,339Source | 12,487,110Source | 9,250,121Source | -283,050Source |
| Operating ExpensesUSD | 392,773,186Source | 311,363,617Source | 266,898,955Source | 239,808,059Source |
| Other Nonoperating Income (Expense)USD | -11,584,089Source | -915,731Source | -4,248,230Source | -5,078,873Source |
| Proceeds from Issuance of Common StockUSD | 14,460,201Source | 27,295,127Source | 29,398,272Source | 16,602,274Source |
| Proceeds from Issuance of Long-term DebtUSD | — | — | — | 0Source |
| Proceeds from Maturities, Prepayments and Calls of Debt Securities, Available-for-saleUSD | 2,934,000Source | 16,235,000Source | 17,445,000Source | 3,500,000Source |
| Provision for Loan, Lease, and Other LossesUSD | 7,446,408Source | — | — | — |
income statement · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Total RevenueUSD | 2,534,268,965Source | 2,313,314,333Source | 2,299,215,044Source | 1,918,958,043Source |
| Cost of RevenueUSD | 1,667,560,025Source | 1,542,224,143Source | 1,536,585,036Source | 1,309,143,858Source |
| Selling, General and Administrative ExpenseUSD | 177,868,692Source | 121,023,692Source | 112,539,255Source | 106,499,255Source |
| Operating Income (Loss)USD | 473,935,754Source | 459,726,573Source | 495,731,053Source | 370,006,126Source |
| Other Nonoperating Income (Expense)USD | -11,584,089Source | -915,731Source | -4,248,230Source | -5,078,873Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | 461,062,415Source | 472,213,683Source | 504,981,174Source | 369,723,076Source |
| Income Tax Expense (Benefit)USD | 76,380,338Source | 67,725,940Source | 76,577,902Source | 50,965,724Source |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | -159,290Source | — | — | — |
| Net Income (Loss) Attributable to ParentUSD | 384,841,367Source | — | 428,403,272Source | 318,757,352Source |
| Earnings Per Share, BasicUSD per share | 1.74Source | 1.77Source | 1.84Source | 1.36Source |
| Earnings Per Share, DilutedUSD per share | 1.74Source | 1.76Source | 1.84Source | 1.36Source |
| Weighted Average Number of Shares Outstanding, Basicshares | 217,834,174Source | 225,710,698Source | 229,405,479Source | 230,825,293Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 217,848,653Source | 226,023,482Source | 229,720,198Source | 231,219,489Source |
| Additional Financial Items | ||||
| Amortization of Intangible AssetsUSD | — | 17,900,000Source | 19,700,000Source | 21,700,000Source |
| Common Stock, Dividends, Per Share, DeclaredUSD per share | 0.48Source | 0.48Source | 0.48Source | 0.48Source |
| Cost of Property Repairs and MaintenanceUSD | 34,900,000Source | 35,300,000Source | 31,000,000Source | 27,900,000Source |
| Current Income Tax Expense (Benefit)USD | 94,786,584Source | 80,147,352Source | 94,313,012Source | 68,743,501Source |
| Goodwill, Impairment LossUSD | 0Source | 3,664,704Source | 0Source | 0Source |
| Gross ProfitUSD | 866,708,940Source | 771,090,190Source | 762,630,008Source | 609,814,185Source |
| Investment Income, NetUSD | — | 13,402,841Source | — | — |
| Marketing and Advertising ExpenseUSD | 8,000,000Source | 4,500,000Source | 3,400,000Source | 3,300,000Source |
| Net Income (Loss) from Continuing Operations Available to Common Shareholders, BasicUSD | 379,128,257Source | 398,873,786Source | 422,050,848Source | 313,882,295Source |
| Nonoperating Income (Expense)USD | -12,873,339Source | 12,487,110Source | 9,250,121Source | -283,050Source |
| Operating ExpensesUSD | 392,773,186Source | 311,363,617Source | 266,898,955Source | 239,808,059Source |
| Research and Development ExpenseUSD | 203,259,756Source | 181,475,221Source | 154,359,700Source | 133,308,804Source |