Gentex Q2 EPS rises 26% to $0.54 as net sales dip 1% to $651.3 million
Gentex reported second-quarter 2026 GAAP diluted earnings per share of $0.54, up from $0.43, on net sales of $651.3 million, down 1% from $657.9 million. The company raised its 2026 gross margin guidance to 34.5%-35.5% and kept its revenue guidance at $2.65-2.75 billion, and the quarter's margin included about $18 million of IEEPA tariff reimbursements.
Key points
- Net sales of $651.3 million, down 1% from $657.9 million; automotive sales were $560.1 million versus $578.1 million a year earlier.
- GAAP net income attributable to Gentex was $114.7 million, up 19%, and diluted EPS was $0.54 versus $0.43.
- Gross margin was 37.0% versus 34.2%, helped by about $18 million of IEEPA tariff reimbursements that reduced cost of goods sold.
- 2026 guidance: gross margin raised to 34.5%-35.5% from 34%-35%; revenue unchanged at $2.65-2.75 billion; capital expenditures lowered to $115-125 million from $125-140 million.
The filing
Written by AI on Nov 8, 2026, 1:01 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on July 24, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.