---
schema_version: "secwatch.filing_event.v1"
accession: "0000355811-22-000017"
form_type: "8-K"
ticker: "GNTX"
cik: "0000355811"
company_name: "GENTEX CORP"
filed_at: "2022-04-22T23:59:59+00:00"
generated_at: "2026-06-26T05:28:41.772838+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Gentex Q1 net sales $468.3M, down 3.2% YoY; net income $87.5M vs $113.5M, EPS $0.37

## Summary
- Net sales $468.3M (down 3% YoY from $483.7M); gross margin fell to 34.3% from 37.9%.
- Net income $87.5M ($0.37 diluted EPS) vs $113.5M ($0.46) in Q1 2021, down 23%.
- Repurchased 2.44M shares for $71.3M at avg price $29; 22.4M shares remain under buyback plan.
- Maintained FY2022 guidance: revenue $1.87-2.02B, gross margin 35-36%, tax rate 15-17%.
- Automotive net sales $458.0M (down 4% YoY); auto-dimming mirror shipments down 7%.

## SEC filing metadata
- accession: 0000355811-22-000017
- form_type: 8-K
- ticker: GNTX
- cik: 0000355811
- company_name: GENTEX CORP
- filed_at: 2022-04-22T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/355811/000035581122000017/0000355811-22-000017-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/355811/000035581122000017/gntx-20220422.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000355811-22-000017
- JSON: https://secwatch.observer/filing/0000355811-22-000017.json
- Plain text: https://secwatch.observer/filing/0000355811-22-000017.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.