---
schema_version: "secwatch.filing_event.v1"
accession: "0000355811-23-000030"
form_type: "8-K"
ticker: "GNTX"
cik: "0000355811"
company_name: "GENTEX CORP"
filed_at: "2023-04-28T23:59:59+00:00"
generated_at: "2026-06-16T06:51:57.628082+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Gentex Q1 2023 revenue $550.8M (+18% YoY), EPS $0.42 (+14%), record quarter

## Summary
- Net sales of $550.8M, a quarterly record, up 18% YoY; net income $97.6M, +11%.
- GAAP diluted EPS $0.42 vs $0.37 in Q1 2022; gross margin 31.7% (up from Q4 2022's 31.2%).
- Automotive net sales $537.4M (+17%); auto-dimming mirror shipments up 16% YoY.
- Reiterated FY2023 guidance: revenue ~$2.2B, gross margin 32%-33%, capex $200-$225M.
- Repurchased 1.0M shares at avg $27.19; 19.7M shares remain under buyback plan.

## SEC filing metadata
- accession: 0000355811-23-000030
- form_type: 8-K
- ticker: GNTX
- cik: 0000355811
- company_name: GENTEX CORP
- filed_at: 2023-04-28T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- 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/355811/000035581123000030/0000355811-23-000030-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/355811/000035581123000030/gntx-20230428.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000355811-23-000030
- JSON: https://secwatch.observer/filing/0000355811-23-000030.json
- Plain text: https://secwatch.observer/filing/0000355811-23-000030.txt

## Key facts
- Earnings Releases
  GENTEX CORP reported the three months ended March 31, 2023 results: revenue $550.8 million, net income $97.6 million, EPS $0.42.
  - Period: the three months ended March 31, 2023
  - Revenue: $550.8 million
  - Net income: $97.6 million
  - EPS: $0.42
  - Result: reported results
  source text: car, dimmable glass and fire protection technologies, today reported financial results for the three months ended March 31, 2023. 1st Quarter 2023 Summary • Net sales of $550.8 million, a quarterly sales record, and an 18% increase compared to the first quarter of 2022 • Gross profit margin of 31.7%, an increase of 50 basis points from the fourth quarter of
  evidence_url: https://www.sec.gov/Archives/edgar/data/355811/000035581123000030/0000355811-23-000030-index.htm

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