---
schema_version: "secwatch.filing_event.v1"
accession: "0000355811-24-000007"
form_type: "8-K"
ticker: "GNTX"
cik: "0000355811"
company_name: "GENTEX CORP"
filed_at: "2024-01-26T23:59:59+00:00"
generated_at: "2026-06-06T16:48:19.388131+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Gentex reports record Q4 net sales $589.1M, EPS $0.50, up 35% YoY; guides FY2024 revenue $2.45-2.55B

## Summary
- Q4 net sales $589.1M (record, +19% YoY); net income $116.9M, EPS $0.50 (+35% YoY); gross margin 34.5% (+330 bps).
- Full year 2023 net sales $2.30B (record, +20%); net income $428.4M, EPS $1.84 (+35% YoY).
- FDM shipments up 45% to 2.44M units; auto net sales $2.25B (+20%).
- FY2024 guidance: revenue $2.45-2.55B, gross margin 34-35%, capex $225-250M; FY2025 revenue guided $2.65-2.75B.
- Repurchased 4.93M shares for $144.7M in 2023; 15.9M shares remain under buyback plan.

## SEC filing metadata
- accession: 0000355811-24-000007
- form_type: 8-K
- ticker: GNTX
- cik: 0000355811
- company_name: GENTEX CORP
- filed_at: 2024-01-26T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/355811/000035581124000007/0000355811-24-000007-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/355811/000035581124000007/gntx-20240126.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000355811-24-000007
- JSON: https://secwatch.observer/filing/0000355811-24-000007.json
- Plain text: https://secwatch.observer/filing/0000355811-24-000007.txt

## Key facts
- Earnings Releases
  GENTEX CORP reported the fourth quarter and year ended December 31, 2023 results: revenue $589.1 million, net income $116.9 million, EPS $0.50 per diluted share.
  - Period: the fourth quarter and year ended December 31, 2023
  - Revenue: $589.1 million
  - Net income: $116.9 million
  - EPS: $0.50 per diluted share
  - Result: reported results
  source text: financial results for the fourth quarter and calendar year ended December 31, 2023. Fourth Quarter and Calendar Year 2023 Highlights: • Fourth Quarter 2023 ◦ Net sales of $589.1 million, a new quarterly sales record, and a 19% increase compared to the fourth quarter of 2022 ◦ Gross profit margin of 34.5%, a 330 basis point improvement compared to the fourth
  evidence_url: https://www.sec.gov/Archives/edgar/data/355811/000035581124000007/0000355811-24-000007-index.htm
- Earnings Releases
  GENTEX CORP reported calendar year ended December 31, 2023 results: revenue $2.30 billion, net income $428.4 million, EPS $1.84 per diluted share.
  - Period: calendar year ended December 31, 2023
  - Revenue: $2.30 billion
  - Net income: $428.4 million
  - EPS: $1.84 per diluted share
  - Result: reported results
  source text: increase compared to the fourth quarter of 2022 ◦ Earnings per diluted share of $0.50, a 35% increase compared to the fourth quarter of 2022 • Calendar Year 2023 ◦ Net sales of $2.30 billion, a new annual sales record, and a 20% increase compared to calendar year 2022 ◦ Gross profit margin of 33.2%, a 140 basis point improvement as compared to calendar year 2022 ◦
  evidence_url: https://www.sec.gov/Archives/edgar/data/355811/000035581124000007/0000355811-24-000007-index.htm

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