GNTX Gentex Corp.

$GNTX Q3 net sales were 647.7 million dollars, down 1.1% and below the 669.6 million dollars expected. Adjusted EPS was 0.47 dollars vs 0.50 expected. Gentex said revenue came in about 35 million dollars below its own beginning-of-quarter forecast on customer issues and delayed launches. North America still outgrew the market though. Automotive revenue there rose about 3% while regional light vehicle production fell 5%, roughly 800 basis points of outgrowth from content per vehicle. Non-automotive revenue rose about 17% and is now 15% of sales, up from 12% a year ago, with Premium Audio up 27%. FY26 revenue guide was trimmed to about 2.65 billion dollars and the gross margin guide cut to 34.0% to 34.5%. The FY27 revenue outlook was held at 2.8 to 2.9 billion dollars.

$GNTX Gentex cuts 2026 margin guide to 34.0% to 34.5% from 34.5% to 35.5%, revenue to about $2.65B. 📉 Third-quarter gross margin slid to 33.4% from 34.4% a year earlier ⚠️ Third-quarter sales of $647.7M came in about $35M below Gentex's own start-of-quarter forecast, which the release blames on customer issues and delayed launches, while saying automotive unit volumes were in line with expectations ⚠️ Our math on the new guide puts fourth-quarter sales near $676M at a gross margin of roughly 31.8% to 33.8%, so the low end would sit below the third quarter's already weak 33.4% 📈 On the other side, the margin guide includes $10M to $15M of fourth-quarter costs whose recoveries are expected in the first half of 2027, and the 2027 revenue outlook of $2.80B to $2.90B still stands 📅 Next: Gentex walks through the quarter on its call today, October 23, 2026, starting 9:30 a.m. ET; watch for detail on cost recovery and the 2027 outlook Source: GlobeNewswire release + SEC 8-K, Oct 23

$GNTX Q3 '26 Earnings Results & Recap • Reported GAAP EPS of $0.47 • Reported revenue of $647.71M up 13.57% YoY • Gentex updated 2026 guidance to approximately $2.65B consolidated revenue and 34.0%34.5% gross margin, including expected $10M to $15M incremental cost increases in Q4 2026; Gentex maintained 2027 revenue outlook of $2.8B to $2.9B.