Gentex reports Q3 2026 results with revenue miss and flat adjusted earnings
Gentex Corp. posted third‑quarter 2026 net sales of $647.7 million, down from $655.2 million a year earlier. Diluted GAAP earnings per share were $0.43 and adjusted EPS was $0.47, missing consensus estimates. Gross margin fell to 33.4% as higher precious‑metal costs and an unfavorable product mix weighed on profitability. The company kept its 2027 revenue target of $2.80 billion‑$2.90 billion but lowered its 2026 outlook to $2.65 billion, and repurchased $132.6 million of shares during the quarter.
Why it matters
The earnings miss and margin compression could pressure Gentex’s stock price in the short term. The share buyback, amounting to $132.6 million, may provide support to the equity base. Maintaining the 2027 revenue range signals continued confidence in long‑term demand.
Key facts
- 1Net sales were $647.7 million, versus $655.2 million in the prior year quarter. tradingview.com
- 2Diluted GAAP EPS was $0.43 and adjusted EPS was $0.47. tradingview.com
- 3Gross margin was 33.4%, down from 34.4% a year earlier. tradingview.com
- 4Automotive revenue was $552.5 million; non‑automotive revenue grew 17% and represented 15% of total revenue. finance.yahoo.com
- 5The company maintained its 2027 revenue outlook of $2.80 billion‑$2.90 billion. tradingview.com
- 6Gentex revised its 2026 revenue outlook to $2.65 billion. finance.yahoo.com
Summary written by AlphAI AI Desk from 8 of 8 sources. Not investment advice. Figures are as stated by the linked sources.