NASDAQ$GNTX

Gentex Corporation · Q2 2026 earnings

Q2 2026 earnings · · Before market open · Investor relations

Briefing

Gentex Corporation reported second quarter 2026 financial results with net sales of $651.3 million and record GAAP EPS of $0.54.

Gentex reported net sales of $651.3 million for Q2 2026, down 1% year-over-year, with automotive revenue declining 3% while non-automotive categories grew. Gross margin expanded 280 basis points to 37.0% due to tariff reimbursements and favorable mix, driving GAAP net income of $114.7 million and diluted EPS of $0.54. The company repurchased 2.7 million shares and provided updated 2026 guidance with improved gross margin and lower operating expenses and capex ranges.

  • Net sales reached $651.3 million with gross margin at 37.0%, up 280 bps YoY from tariff reimbursements and product mix.
  • GAAP diluted EPS of $0.54 increased 26% YoY to a record second-quarter level despite lower automotive shipments.
  • Non-automotive revenue grew, with Premium Audio up 16% to $51.7 million and Other Products up 12% to $39.4 million.
  • Company updated 2026 guidance raising gross margin to 34.5%-35.5% and lowering operating expenses and capex ranges.

Headline financials

Total Revenue

$651M

Previous: $658M-1.0%
EPS (adj)

$0.58

Previous: $0.43+34.9%
Auto-dimming mirror units

10.4M

No prior period
Share repurchases

$66M

No prior period
Gross margin

37.0%

No prior period
Effective tax rate

16.5%

No prior period
Net Income

$115M

Previous: $96M+19.4%
Operating Income

$141M

No prior period
Gross Profit

$241M

No prior period
Cash & Equivalents

$233M

No prior period
Total Assets

$3.02B

No prior period

Revenue & EPS history

Gentex · Revenue · Quarterly

$651M

Q2 2026-1%vs Q2 2025
Beat estimate in 6 of 16 quarters(38%)
ActualEstimate

Revenue by segment

Gentex · $651M total across 3 segments · Q2 2026

  • Automotive
    $560M
  • Premium Audio
    $51.7M
  • Other Products
    $39.4M

Forward guidance

Company updated 2026 annual guidance and provided 2027 revenue outlook based on July 2026 light vehicle production forecast.

Tailwinds

  • Gross margin guidance raised to 34.5%-35.5%
  • Operating expenses lowered to $405-$415 million
  • Tax rate narrowed to 16%-17%
  • Capex reduced to $115-$125 million
  • 2027 revenue expected at $2.80-$2.90 billion

Headwinds

  • Global light vehicle production expected down 3% for 2026
  • Continued weakness expected in North America, Europe, Japan/Korea markets

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports

Historical avg

-0.9%

Avg return

Earnings day

+0.1%

Avg return

5 days after

+0.6%

Avg return

30 days after

45%

31 / 69 earnings

Positive

+11.4%

Q2 2019

Best reaction

-29.1%

Q2 2012

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q2 2026
Q1 2026+2.7%-0.6%+3.5%
Q4 2025-4.3%+3.4%-2.7%
Q3 2025-10.2%-9.8%-14.8%
Q2 2025-0.5%-0.5%+2.2%
Q1 2025-2.8%-0.9%-1.6%
Q4 2024-8.2%-10.3%-13.8%
Q3 2024+5.5%+4.9%+2.5%
Q2 2024-3.7%-4.6%-4.1%
Q1 2024+0.6%-2.0%-0.8%
Q4 2023+5.8%+4.1%+13.3%
Q3 2023-6.7%-4.3%+2.8%
Q2 2023+5.8%+6.1%+0.7%
Q1 2023+5.8%+4.6%+2.4%
Q4 2022-3.0%+1.7%-2.4%
Q3 2022+3.4%+0.4%+12.2%
Q2 2022-7.5%-5.2%-2.4%
Q1 2022+6.8%+3.5%+4.3%
Q4 2021+0.4%+2.5%-3.4%
Q3 2021-5.3%-4.4%-0.6%
Q2 2021+1.3%+4.2%-1.7%
Q1 2021-0.4%+0.4%-2.5%
Q4 2020+1.3%+3.3%+5.5%
Q3 2020+0.7%-4.0%+11.7%
Q2 2020+2.4%+4.9%+2.0%
Q1 2020+5.1%+7.6%+9.9%
Q4 2019-4.0%-2.0%-13.7%
Q3 2019-0.4%+1.3%+3.2%
Q2 2019+11.4%+15.0%+12.1%
Q1 2019+3.0%+4.6%-0.6%
Q4 2018-8.0%-9.0%-11.0%
Q3 2018+10.0%+7.6%+20.9%
Q2 2018-3.8%-5.0%+3.3%
Q1 2018-6.2%-2.8%+1.6%
Q4 2017+2.5%+3.5%+2.6%
Q3 2017-8.5%-8.1%-7.8%
Q2 2017-9.2%-7.4%-8.3%
Q1 2017-1.3%-0.7%-9.2%
Q4 2016-3.4%-4.7%-3.6%
Q3 2016-2.4%-3.8%+3.3%
Q2 2016+7.8%+11.3%+10.1%
Q1 2016+0.2%
Q4 2015+2.6%
Q3 2015-0.1%
Q2 2015-1.8%
Q1 2015-0.3%
Q4 2014-4.4%
Q3 2014+9.3%
Q2 2014+2.0%
Q1 2014+1.1%
Q4 2013-1.9%
Q3 2013+10.4%
Q2 2013-5.0%
Q1 2013+4.1%
Q4 2012+3.0%
Q3 2012-3.4%
Q2 2012-29.1%
Q1 2012-16.4%
Q4 2011-1.4%
Q3 2011+0.7%
Q2 2011-8.1%
Q1 2010-1.2%
Q1 2011+2.6%
Q4 2010-4.8%
Q3 2009+2.8%
Q3 2010+2.8%
Q4 2008-1.9%
Q2 2010-1.9%
Q2 2009-1.9%
Q4 2009-1.9%

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