{"schema_version":"secwatch.filing_event.v1","accession":"0000355811-22-000041","form_type":"8-K","ticker":"GNTX","cik":"0000355811","company_name":"GENTEX CORP","filed_at":"2022-10-28T23:59:59+00:00","discovered_at":"2026-05-14T18:03:53.177168+00:00","generated_at":"2026-06-22T22:58:50.665546+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Gentex Q3 net sales up 24% but gross margin falls; FY2022 margin guidance cut to 32-33%","bullets":["Net sales reached $493.6M (+24% YoY) but gross margin dropped to 29.8% from 35.3% due to cost increases and unfavorable mix.","Net income $72.7M ($0.31 diluted EPS) vs $76.7M ($0.32) a year ago as operating income slipped.","Revised FY2022 revenue guidance to $1.90-1.95B (from $1.87-1.97B) and gross margin to 32%-33% (from 33%-34%).","Company expects margin improvement starting Q4 2022 from customer cost escalation negotiations.","Repurchased 0.9M shares for $22.3M in Q3; 21.5M shares remaining under buyback plan."],"urls":{"canonical":"https://secwatch.observer/filing/0000355811-22-000041","json":"https://secwatch.observer/filing/0000355811-22-000041.json","markdown":"https://secwatch.observer/filing/0000355811-22-000041.md","text":"https://secwatch.observer/filing/0000355811-22-000041.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/355811/000035581122000041/0000355811-22-000041-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/355811/000035581122000041/gntx-20221028.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-22T22:58:50.665546+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"82e86f2201055c8ae96128982bf9948970c16fa7","claim":"GENTEX CORP reported the third quarter ended September 30, 2022 results: revenue $493.6 million, net income $72.7 million, EPS $0.31 per diluted share.","evidence_excerpt":"3rd Quarter 2022 Summary • Net sales of $493.6 million, a 24% increase compared to the third quarter of 2021 • Gross profit margin of 29.8% • Net income of $72.7 million • 4 New Nameplate Launches for Full Display Mirror","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/355811/000035581122000041/0000355811-22-000041-index.htm","confidence":0.8,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the third quarter ended September 30, 2022"},{"label":"Revenue","value":"$493.6 million"},{"label":"Net income","value":"$72.7 million"},{"label":"EPS","value":"$0.31 per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}