earnings
confidence high
sentiment negative
materiality 0.80
Gentex Q1 EPS $0.42 (-11%), revenue $576.8M, cuts FY25 primary market outlook to $2.1-2.2B
GENTEX CORP
2025-Q1 EPS reported
$0.42
revenue$576,773,090
- Net sales $576.8M (-2% YoY); EPS $0.42 vs $0.47; operating income $113.0M vs $129.3M.
- Gross margin 33.2% (down 110bps YoY, up 70bps QoQ); $0.65M tariff cost in quarter.
- FY25 guidance: primary market revenue cut to $2.1-2.2B (from $2.40-2.45B); China rev $50-120M; 2026 withdrawn.
- VOXX merger closed Apr 1; expected annualized revenue $325-375M subject to tariff impact.
- Halted China production; 3.1M shares repurchased at $24.52 avg.