Gentex Corporation (GNTX)

Gentex Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	2,432	2,313	2,299	1,919	1,731	1,688
Revenue Growth (YoY)	3.00%	0.61%	19.82%	10.85%	2.55%	-9.18%
Cost of Revenue	1,613	1,542	1,537	1,309	1,111	1,083
Gross Profit	818.42	771.09	762.63	609.81	619.71	605.44
Selling, General & Admin	158.66	121.02	112.54	106.5	92.16	89.95
Research & Development	197.09	181.48	154.36	133.31	117.76	115.94
Operating Expenses	355.76	302.5	266.9	239.81	209.93	205.89
Operating Income	462.66	468.59	495.73	370.01	409.78	399.56
Interest & Investment Income	11.97	13.4	13.5	4.8	3.59	6.99
Other Non Operating Income (Expenses)	-6.84	1.35	1.74	-3.37	1.91	3.17
EBT Excluding Unusual Items	467.79	483.35	510.97	371.44	415.28	409.71
Gain (Loss) on Sale of Investments	-1.28	-2.27	-5.98	-1.71	1.07	2.1
Asset Writedown	-8.86	-8.86	-	-	-	-
Pretax Income	447.45	472.21	504.98	369.72	416.35	411.81
Income Tax Expense	68.37	67.73	76.58	50.97	55.55	64.25
Net Income	379.55	404.49	428.4	318.76	360.8	347.56
Preferred Dividends & Other Adjustments	5.47	5.61	6.35	4.88	5.59	4.96
Net Income to Common	374.08	398.87	422.05	313.88	355.21	342.6
Net Income Growth	-12.50%	-5.58%	34.40%	-11.65%	3.81%	-18.16%
Shares Outstanding (Basic)	220	226	229	231	236	243
Shares Outstanding (Diluted)	220	226	230	231	237	244
Shares Change (YoY)	-3.11%	-1.61%	-0.65%	-2.28%	-2.90%	-3.79%
EPS (Basic)	1.70	1.77	1.84	1.36	1.51	1.41
EPS (Diluted)	1.70	1.76	1.84	1.36	1.50	1.41
EPS Growth	-9.72%	-3.95%	35.34%	-9.58%	6.78%	-15.15%
Free Cash Flow	470.9	353.54	353.57	191.77	293.33	412.79
Free Cash Flow Per Share	2.14	1.56	1.54	0.83	1.24	1.69
Dividend Per Share	0.480	0.480	0.480	0.480	0.480	0.480
Dividend Growth	-	-	-	-	-	4.35%
Gross Margin	33.66%	33.33%	33.17%	31.78%	35.80%	35.86%
Operating Margin	19.03%	20.26%	21.56%	19.28%	23.67%	23.67%
Profit Margin	15.38%	17.24%	18.36%	16.36%	20.52%	20.29%
Free Cash Flow Margin	19.37%	15.28%	15.38%	9.99%	16.94%	24.45%
EBITDA	565.29	563.31	589.05	466.57	508.89	504.3
EBITDA Margin	23.25%	24.35%	25.62%	24.31%	29.40%	29.87%
D&A For EBITDA	102.64	94.71	93.32	96.57	99.11	104.74
EBIT	462.66	468.59	495.73	370.01	409.78	399.56
EBIT Margin	19.03%	20.26%	21.56%	19.28%	23.67%	23.67%
Effective Tax Rate	15.28%	14.34%	15.17%	13.79%	13.34%	15.60%
Advertising Expenses	-	4.5	3.4	3.3	1.8	2

Updated Oct 24, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q