Gentex Corporation
(NASDAQ:GNTX)

Gentex Corporation designs, develops, manufactures, markets, and supplies digital vision, connected car, dimmable glass, and fire protection products in the United States, Germany, Japan, Mexico, and internationally. It operates through Automotive Products and Other segments. The company offers auto...

Website: http://www.gentex.com

Founded: 1974

Full Time Employees: 5,874

Sector: Consumer Cyclical

Industry: Auto Parts

Consumer Cyclical

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Unit: USD	2026-03-31	2025-12-31	2025-09-30	2025-06-30	2025-03-31	2024-12-31	2024-09-30	2024-06-30	2024-03-31	2023-12-31	2023-09-30	2023-06-30	2023-03-31	2022-12-31	2022-09-30	2022-06-30	2022-03-31	2021-12-31	2021-09-30	2021-06-30	2021-03-31	2020-12-31	2020-09-30	2020-06-30	2020-03-31	2019-12-31	2019-09-30	2019-06-30	2019-03-31	2018-12-31	2018-09-30	2018-06-30	2018-03-31	2017-12-31	2017-09-30	2017-06-30	2017-03-31	2016-12-31	2016-09-30	2016-06-30	2016-03-31	2015-12-31	2015-09-30	2015-06-30	2015-03-31	2014-12-31	2014-09-30	2014-06-30	2014-03-31	2013-12-31	2013-09-30	2013-06-30	2013-03-31	2012-12-31	2012-09-30	2012-06-30	2012-03-31	2011-12-31	2011-09-30	2011-06-30	2011-03-31	2010-12-31	2010-09-30	2010-06-30	2010-03-31	2009-12-31	2009-09-30	2009-06-30	2009-03-31	2008-12-31

net sales	675,443,125	644,401,610	655,236,055	657,858,210	576,773,090	541,637,567	608,525,777	572,925,778	590,225,211	589,132,397	575,848,490	583,472,846	550,761,311	493,647,571	493,636,695	463,423,002	468,250,776	419,841,320	399,598,744	428,005,026	483,724,839	529,863,539	474,638,584	229,925,556	453,761,726	443,835,638	477,761,417	468,711,354	468,588,997	453,408,719	460,253,433	454,981,440	465,420,105	459,570,469	438,627,786	443,139,073	453,535,250	419,912,916	429,643,276	423,800,778	405,567,786	405,592,635	389,829,139	379,258,477	368,937,455	350,410,939	350,913,912	338,436,964	335,739,344	326,769,678	288,621,626	286,973,898	269,498,969	260,349,122	268,248,089	280,255,548	290,706,762	260,346,644	269,467,967	243,001,541	250,945,897	222,100,572	206,832,953	201,560,960	185,768,929	177,607,892	155,741,847	117,341,777	93,831,477
yoy	17.11%	18.97%	7.68%	14.82%	-2.28%	-8.06%	5.67%	-1.81%	7.17%	19.34%	16.65%	25.91%	17.62%	17.58%	23.53%	8.28%	-3.20%	-20.76%	-15.81%	86.15%	6.60%	19.38%	-0.65%	-50.95%	-3.16%	-2.11%	3.80%	3.02%	0.68%	-1.34%	4.93%	2.67%	2.62%	9.44%	2.09%	4.56%	11.83%	3.53%	10.21%	11.74%	9.93%	15.75%	11.09%	12.06%	9.89%	7.23%	21.58%	17.93%	24.58%	25.51%	7.60%	2.40%	-7.30%	0.00%	-0.45%	15.33%	15.84%	17.22%	30.28%	20.56%	35.08%	25.05%	32.80%	71.77%	97.98%
qoq	4.82%	-1.65%	-0.40%	14.06%	6.49%	-10.99%	6.21%	-2.93%	0.19%	2.31%	-1.31%	5.94%	11.57%	0.00%	6.52%	-1.03%	11.53%	5.07%	-6.64%	-11.52%	-8.71%	11.64%	106.43%	-49.33%	2.24%	-7.10%	1.93%	0.03%	3.35%	-1.49%	1.16%	-2.24%	1.27%	4.77%	-1.02%	-2.29%	8.01%	-2.26%	1.38%	4.50%	-0.01%	4.04%	2.79%	2.80%	5.29%	-0.14%	3.69%	0.80%	2.74%	13.22%	0.57%	6.48%	3.51%	-2.94%	-4.28%	-3.60%	11.66%	-3.38%	10.89%	-3.17%	12.99%	7.38%	2.62%	8.50%	4.59%	14.04%	32.72%	25.06%
cost of goods sold	446,816,212	419,883,897	430,069,318	432,567,307	385,039,503	365,411,928	404,462,142	384,362,469	387,987,605	385,763,292	384,407,857	390,389,807	376,024,080	339,813,384	346,435,670	315,055,988	307,838,816	275,930,403	258,698,723	276,408,285	300,424,671	313,189,020	286,401,872	185,980,748	297,174,245	282,031,064	297,440,131	292,173,750	298,944,494	281,365,186	287,263,147	282,176,968	292,791,704	279,280,443	267,398,126	275,931,278	277,734,465	250,745,919	255,821,376	257,028,219	246,876,998	242,349,123	237,932,439	233,715,046	225,845,046	215,737,971	212,288,220	204,144,736	204,440,537	198,075,383	182,659,141	184,361,279	176,035,466	171,230,430	178,132,021	187,498,242	189,880,269	169,992,934	174,182,650	157,376,970	160,629,160	142,632,209	133,073,198	127,667,134	117,200,560	112,513,832	101,386,005	81,547,272	71,521,107
gross profit	228,626,913	224,517,713	225,166,737	225,290,903	191,733,587	176,225,639	204,063,635	188,563,309	202,237,606	203,369,105	191,440,633	193,083,039	174,737,231	153,834,187	147,201,025	148,367,014	160,411,960	143,910,917	140,900,021	151,596,741	183,300,168	216,674,519	188,236,712	43,944,808	156,587,481	161,804,574	180,321,286	176,537,604	169,644,503	172,043,533	172,990,286	172,804,472	172,628,401	180,290,026	171,229,660	167,207,795	175,800,785	169,166,997	173,821,900	166,772,559	158,690,788	163,243,512	151,896,700	145,543,431	143,092,409	134,672,968	138,625,692	134,292,228	131,298,807	128,694,295	105,962,485	102,612,619	93,463,503	89,118,692	90,116,068	92,757,306	100,826,493	90,353,710	95,285,317	85,624,571	90,316,737	79,468,363	73,759,755	73,893,826	68,568,369	65,094,060	54,355,842	35,794,505	22,310,370
yoy	19.24%	27.40%	10.34%	19.48%	-5.19%	-13.35%	6.59%	-2.34%	15.74%	32.20%	30.05%	30.14%	8.93%	6.90%	4.47%	-2.13%	-12.49%	-33.58%	-25.15%	244.97%	17.06%	33.91%	4.39%	-75.11%	-7.70%	-5.95%	4.24%	2.16%	-1.73%	-4.57%	1.03%	3.35%	-1.80%	6.58%	-1.49%	0.26%	10.78%	3.63%	14.43%	14.59%	10.90%	21.21%	9.57%	8.38%	8.98%	4.65%	30.83%	30.87%	40.48%	44.41%	17.58%	10.62%	-7.30%	-1.37%	-5.43%	8.33%	11.64%	13.70%	29.18%	15.88%	31.72%	22.08%	35.70%	106.44%	207.34%
qoq	1.83%	-0.29%	-0.06%	17.50%	8.80%	-13.64%	8.22%	-6.76%	-0.56%	6.23%	-0.85%	10.50%	13.59%	4.51%	-0.79%	-7.51%	11.47%	2.14%	-7.06%	-17.30%	-15.40%	15.11%	328.35%	-71.94%	-3.22%	-10.27%	2.14%	4.06%	-1.39%	-0.55%	0.11%	0.10%	-4.25%	5.29%	2.41%	-4.89%	3.92%	-2.68%	4.23%	5.09%	-2.79%	7.47%	4.37%	1.71%	6.25%	-2.85%	3.23%	2.28%	2.02%	21.45%	3.26%	9.79%	4.88%	-1.11%	-2.85%	-8.00%	11.59%	-5.18%	11.28%	-5.20%	13.65%	7.74%	-0.18%	7.77%	5.34%	19.76%	51.86%	60.44%
gross margin %	33.85%	34.84%	34.36%	34.25%	33.24%	32.54%	33.53%	32.91%	34.26%	34.52%	33.24%	33.09%	31.73%	31.16%	29.82%	32.02%	34.26%	34.28%	35.26%	35.42%	37.89%	40.89%	39.66%	19.11%	34.51%	36.46%	37.74%	37.66%	36.20%	37.94%	37.59%	37.98%	37.09%	39.23%	39.04%	37.73%	38.76%	40.29%	40.46%	39.35%	39.13%	40.25%	38.96%	38.38%	38.79%	38.43%	39.50%	39.68%	39.11%	39.38%	36.71%	35.76%	34.68%	34.23%	33.59%	33.10%	34.68%	34.71%	35.36%	35.24%	35.99%	35.78%	35.66%	36.66%	36.91%	36.65%	34.90%	30.50%	23.78%
operating expenses:
engineering, research and development	51,652,619	53,229,408	52,634,707	51,471,277	45,924,364	47,063,273	48,225,968	44,003,994	42,181,986	41,534,646	40,197,517	37,973,790	34,653,747	34,935,067	33,541,331	32,857,419	31,974,987	31,301,564	29,750,973	29,059,058	27,652,081	29,513,926	27,812,730	28,992,968	29,615,422	28,840,060	29,398,725	28,359,343	28,089,181	26,996,140	26,888,999	27,200,465	26,049,258	24,560,492	24,770,279	25,243,410	25,152,257	24,489,920	23,585,115	23,071,788	23,091,209	22,984,663	21,505,461	22,315,244	21,587,551	21,780,497	21,671,940	20,234,074	20,489,227	19,840,611	19,106,682	18,864,182	18,683,576	18,561,953	20,434,012	22,792,503	23,215,134	21,805,103	20,668,537	20,245,757	18,914,761	18,075,511	16,463,760	15,222,622	14,338,518	12,570,247	11,955,915	11,221,720	11,380,204
selling, general & administrative	49,791,834	32,033,815.5	49,686,902	48,515,355	29,933,005	22,623,529.25	30,109,515	29,675,293	30,709,308	20,869,821.25	28,826,587	27,819,861	26,832,837	20,429,462	26,868,154	29,718,626	25,131,068	16,877,888.75	22,984,108	22,613,062	21,914,386	16,301,520	21,571,093	21,690,096	21,944,892	15,754,791.75	22,786,881	20,273,295	19,958,991	13,914,547.25	18,673,376	18,921,003	18,063,810	12,427,002	17,386,729	16,099,871	16,221,408	11,432,535.75	16,024,504	14,955,050	14,750,589	10,755,082	14,128,619	15,095,357	13,796,352	10,400,668.75	13,747,925	14,222,716	13,632,034	9,069,502.75	13,199,557	12,152,166	10,926,288	9,155,417	12,058,701	12,452,571	12,110,396	8,953,256	12,370,000	12,131,922	11,311,102	7,457,524.25	10,323,698	9,884,445	9,621,954	6,630,518.75	9,296,514	8,494,480	8,731,081
impairment charges	2,800,000
severance expense	722,541	1,453,300	518,190	6,784,136	2,889,112
total operating expenses	104,966,994	104,416,138	102,839,799	106,770,768	78,746,481	86,457,552	78,335,483	73,679,287	72,891,294	70,594,616	69,024,104	65,793,651	61,486,584	59,716,474	60,409,485	62,576,045	57,106,055	55,952,202	52,735,081	51,672,120	49,566,467	54,260,227	49,383,823	50,683,064	51,560,314	50,903,949	52,185,606	48,632,638	48,048,172	46,544,234	45,562,375	46,121,468	44,113,068	46,295,960	42,157,008	41,343,281	41,373,665	41,231,054	39,609,619	38,026,838	37,841,798	36,581,029	35,634,080	37,410,601	35,383,903	36,057,605	35,419,865	34,456,790	34,121,261	33,058,638	32,306,239	31,016,348	29,609,864	35,300,010	32,492,713	35,245,074	35,325,530	34,570,331	33,038,537	32,377,679	30,225,863	28,863,247	26,787,458	25,107,067	23,960,472	21,855,794	21,252,429	19,716,200	20,111,285
income from operations	123,659,919	120,101,575	122,326,938	118,520,135	112,987,106	89,768,087	125,728,152	114,884,022	129,346,312	132,774,489	122,416,529	127,289,388	113,250,647	94,117,713	86,791,540	85,790,969	103,305,905	87,958,715	88,164,940	99,924,621	133,733,701	162,414,292	138,852,889	-6,738,256	105,027,167	110,900,625	128,135,680	127,904,966	121,596,331	125,499,299	127,427,911	126,683,004	128,515,333	133,994,066	129,072,652	125,864,514	134,427,120	127,935,943	134,212,281	128,745,721	120,848,990	126,662,483	116,262,620	108,132,830	107,708,506	98,615,363	103,205,827	99,835,438	97,177,546	95,635,657	73,656,246	71,596,271	63,853,639	53,818,682	57,623,355	57,512,232		55,783,379	62,246,780	53,246,892		50,605,116	46,972,297	48,786,759		43,238,266	33,103,413	16,078,305
yoy	9.45%	33.79%	-2.71%	3.17%	-12.65%	-32.39%	2.71%	-9.75%	14.21%	41.07%	41.05%	48.37%	9.63%	7.00%	-1.56%	-14.14%	-22.75%	-45.84%	-36.50%	-1582.94%	27.33%	46.45%	8.36%	-105.27%	-13.63%	-11.63%	0.56%	0.96%	-5.38%	-6.34%	-1.27%	0.65%	-4.40%	4.74%	-3.83%	-2.24%	11.24%	1.01%	15.44%	19.06%	12.20%	28.44%	12.65%	8.31%	10.84%	3.12%	40.12%	39.44%	52.19%	77.70%	27.82%	24.49%		-3.52%	-7.43%	8.01%		10.23%	32.52%	9.14%		17.04%	41.90%	203.43%
qoq	2.96%	-1.82%	3.21%	4.90%	25.87%	-28.60%	9.44%	-11.18%	-2.58%	8.46%	-3.83%	12.40%	20.33%	8.44%	1.17%	-16.95%	17.45%	-0.23%	-11.77%	-25.28%	-17.66%	16.97%	-2160.67%	-106.42%	-5.30%	-13.45%	0.18%	5.19%	-3.11%	-1.51%	0.59%	-1.43%	-4.09%	3.81%	2.55%	-6.37%	5.07%	-4.68%	4.25%	6.53%	-4.59%	8.95%	7.52%	0.39%	9.22%	-4.45%	3.38%	2.74%	1.61%	29.84%	2.88%	12.13%	18.65%	-6.60%	0.19%			-10.38%	16.90%			7.73%	-3.72%			30.62%	105.89%
operating margin %	18.31%	18.64%	18.67%	18.02%	19.59%	16.57%	20.66%	20.05%	21.91%	22.54%	21.26%	21.82%	20.56%	19.07%	17.58%	18.51%	22.06%	20.95%	22.06%	23.35%	27.65%	30.65%	29.25%	-2.93%	23.15%	24.99%	26.82%	27.29%	25.95%	27.68%	27.69%	27.84%	27.61%	29.16%	29.43%	28.40%	29.64%	30.47%	31.24%	30.38%	29.80%	31.23%	29.82%	28.51%	29.19%	28.14%	29.41%	29.50%	28.94%	29.27%	25.52%	24.95%	23.69%	20.67%	21.48%	20.52%	0%	21.43%	23.10%	21.91%	0%	22.78%	22.71%	24.20%	0%	24.34%	21.26%	13.70%	0%
other income					-4,234,379	313,859.5	744,569	-1,159,272	1,670,139					-250,754	-2,126,039	-1,903,269	-798,810	609,433	872,943	987,959	509,625	1,846,653	2,218,852	1,404,196	-199,167	270,051	90,323	237,191	49,469	144,663.75	-73,979	-554,359	1,206,993					-1,195,346.75	-800,855	-1,911,113	-2,069,419	237,576	-710,346	1,563,291
investment income	-87,371	-3,077,929	542,055	-3,628,231	4,874,855	10,182,508	18,982,629	-12,393,771	-3,368,524	3,816,255	3,851,967	2,890,934	2,939,195	1,590,371	1,496,852	920,284	788,316	806,898	856,351	903,139	1,023,410	1,252,364	1,825,257	1,462,033	2,446,649	2,474,058	3,353,510	2,140,387	3,262,741	3,199,964	3,180,683	2,844,133	2,037,605	4,094,335	2,139,387	1,736,138	1,472,527	2,306,429	916,556	774,102	790,041	3,129,266	495,468	754,052	612,025	4,887,073	406,491	398,005	325,158	5,129,503	474,084	625,717	495,413	3,490,940	586,517	633,700	596,023	2,523,788	543,996	598,455	499,570	1,212,909	620,160	556,004	512,883	656,992	567,664	867,640	1,192,664
other	-5,524,986	-5,629,660	-2,298,285	578,235																																									97,359	517,354	380,289	5,388,560	4,189,386	3,372,778	6,912,924	4,906,951	1,404,860	1,162,879	3,476,189	2,533,783	2,690,337	422,698	1,707,840	3,902,721	2,864,818	3,424,362	2,578,853	998,302	2,564,472	921,733	1,911,329	1,356,244	-4,487,335
total other income	-5,612,357	-8,707,589	-1,756,230		640,476	8,011,339	19,727,198	-13,553,043	-1,698,385	3,127,638	2,063,632	1,314,396	2,744,455	1,339,617	-629,187	-982,985	-10,494	1,416,331	1,729,294	1,891,098	1,533,035	3,099,017	4,044,109	2,866,229	2,247,482	2,744,109	3,443,833	2,377,578	3,312,210	5,280,324	3,106,704	2,289,774	3,244,598	4,161,928	1,759,391	2,079,249	437,784	1,118,526	115,701	-1,137,011	-1,279,378	2,013,168	-214,878	2,317,343	709,384	5,404,427	786,780	5,786,565	4,514,544	8,502,281	7,387,008	5,532,668	1,900,273	4,653,819	4,062,706	3,167,483	3,286,360	2,946,486	2,251,836	4,501,176	3,364,388	4,637,271	3,199,013	1,554,306	3,077,355	1,615,618	2,478,993	2,223,884	-4,585,261
income before provision for income taxes	118,047,562	111,393,986	120,570,708	115,470,139	113,627,582	97,779,426	145,455,350	101,330,979	127,647,927	135,902,127	124,480,161	128,603,784	115,995,102	95,457,330	86,162,353	84,807,984	103,295,411	89,375,046	89,894,234	101,815,719	135,266,736	165,513,309	142,896,998	-3,872,027	107,274,649	113,644,734	131,579,513	130,282,544	124,908,541	130,779,623	130,534,615	128,972,778	131,759,931	138,155,994	130,832,043	127,943,763	134,864,904	129,054,469	134,327,982	127,608,710	119,569,612	128,675,651	116,047,742	110,450,173	108,417,890	104,019,790	103,992,607	105,622,003	101,692,090	104,137,938	81,043,254	77,128,939	65,753,912	58,472,501	61,686,061	60,679,715	68,787,323	58,729,865	64,498,616	57,748,068	63,455,262	55,242,387	50,171,310	50,341,065	47,685,252	44,853,884	35,582,406	18,302,189	-2,386,176
provision for income taxes	19,626,503	18,123,108	19,684,004	19,819,689	18,753,537	10,111,877	22,906,309	15,290,541	19,417,213	18,957,931	19,754,749	19,448,381	18,416,841	9,289,001	13,506,358	12,403,581	15,766,785	5,195,650	13,233,686	15,309,301	21,815,866	22,174,058	25,804,396	-1,497,994	17,768,848	14,097,683	19,681,661	21,323,919	20,628,130	24,505,068	19,198,798	19,948,796	20,511,188	7,687,095	40,601,708	39,407,816	37,308,163	40,293,075	42,263,336	41,123,468	39,289,618	40,280,095	37,715,317	35,891,736	31,234,449	33,044,911	31,655,724	28,895,257	33,126,019	34,256,914	25,522,293	25,031,542	20,323,345	18,873,867	19,808,978	19,913,176	22,442,739	18,263,752	21,101,552	19,275,899	21,122,380	18,319,122	15,880,066	16,283,735	15,223,122	14,806,029	11,645,552	6,092,882	-829,245
net income	98,421,059	93,270,878	100,886,704	95,650,450	94,874,045	87,667,549	122,549,041	86,040,438	108,230,714	116,944,196	104,725,412	109,155,403	97,578,261	86,168,329	72,655,995	72,404,403	87,528,626	84,179,396	76,660,548	86,506,418	113,450,870	143,339,251	117,092,602	-2,374,033	89,505,801	99,547,051	111,897,852	108,958,625	104,280,411	106,274,555	111,335,817	109,023,982	111,248,743	130,468,899	90,230,335	88,535,947	97,556,741	88,761,394	92,064,646	86,485,242	80,279,994	88,395,556	78,332,425	74,558,437	77,183,441	70,974,879	72,336,883	76,726,746	68,566,071	69,881,024	55,520,961	52,097,397	45,430,567	39,598,634	41,877,083	40,766,539	46,344,584	40,466,113	43,397,064	38,472,169	42,332,882	36,923,265	34,291,244	34,057,330	32,462,130	30,047,855	23,936,854	12,209,307	-1,556,931
yoy	3.74%	6.39%	-17.68%	11.17%	-12.34%	-25.03%	17.02%	-21.18%	10.92%	35.72%	44.14%	50.76%	11.48%	2.36%	-5.22%	-16.30%	-22.85%	-41.27%	-34.53%	-3743.86%	26.75%	43.99%	4.64%	-102.18%	-14.17%	-6.33%	0.50%	-0.06%	-6.26%	-18.54%	23.39%	23.14%	14.03%	46.99%	-1.99%	2.37%	21.52%	0.41%	17.53%	16.00%	4.01%	24.54%	8.29%	-2.83%	12.57%	1.57%	30.29%	47.28%	50.92%	76.47%	32.58%	27.79%	-1.97%	-2.14%	-3.50%	5.96%	9.48%	9.60%	26.55%	12.96%	30.41%	22.88%	43.26%	178.95%	-2185.01%
qoq	5.52%	-7.55%	5.47%	0.82%	8.22%	-28.46%	42.43%	-20.50%	-7.45%	11.67%	-4.06%	11.86%	13.24%	18.60%	0.35%	-17.28%	3.98%	9.81%	-11.38%	-23.75%	-20.85%	22.42%	-5032.22%	-102.65%	-10.09%	-11.04%	2.70%	4.49%	-1.88%	-4.55%	2.12%	-2.00%	-14.73%	44.60%	1.91%	-9.25%	9.91%	-3.59%	6.45%	7.73%	-9.18%	12.85%	5.06%	-3.40%	8.75%	-1.88%	-5.72%	11.90%	-1.88%	25.86%	6.57%	14.67%	14.73%	-5.44%	2.72%	-12.04%	14.53%	-6.75%	12.80%	-9.12%	14.65%	7.68%	0.69%	4.91%	8.03%	25.53%	96.05%	-884.19%
net income margin %	14.57%	14.47%	15.40%	14.54%	16.45%	16.19%	20.14%	15.02%	18.34%	19.85%	18.19%	18.71%	17.72%	17.46%	14.72%	15.62%	18.69%	20.05%	19.18%	20.21%	23.45%	27.05%	24.67%	-1.03%	19.73%	22.43%	23.42%	23.25%	22.25%	23.44%	24.19%	23.96%	23.90%	28.39%	20.57%	19.98%	21.51%	21.14%	21.43%	20.41%	19.79%	21.79%	20.09%	19.66%	20.92%	20.25%	20.61%	22.67%	20.42%	21.39%	19.24%	18.15%	16.86%	15.21%	15.61%	14.55%	15.94%	15.54%	16.10%	15.83%	16.87%	16.62%	16.58%	16.90%	17.47%	16.92%	15.37%	10.40%	-1.66%
less: net loss attributable to non-controlling interests	-34,084	311,050	-81,206	-389,134
net income attributable to gentex corporation	98,455,143	92,959,828	100,967,910	96,039,584
earnings per share attributable to gentex corporation:
basic	0.46	0.43	0.46	0.43	0.42	0.39	0.54	0.37	0.47	0.51	0.45	0.47	0.42	0.37	0.31	0.31	0.37	0.36	0.32	0.36	0.47	0.58	0.48	-0.01	0.36	0.4	0.44	0.42	0.4	0.41	0.42	0.4	0.4	0.45	0.32	0.31	0.34	0.31	0.32	0.3	0.28	0.31	0.27	0.25	0.26	-0.51	0.5	0.53	0.47	0.48	0.39	0.36	0.32	0.28	0.29	0.28	0.32	0.29	0.3	0.27	0.3	0.26	0.25	0.24	0.23	0.22	0.17	0.09	-0.01
diluted	0.46	0.43	0.46	0.43	0.42	0.38	0.53	0.37	0.47	0.51	0.45	0.47	0.42	0.37	0.31	0.31	0.37	0.35	0.32	0.36	0.46	0.59	0.48	-0.01	0.36	0.4	0.44	0.42	0.4	0.4	0.42	0.4	0.4	0.45	0.31	0.31	0.33	0.3	0.32	0.3	0.28	0.31	0.27	0.25	0.26	-0.51	0.49	0.52	0.47	0.49	0.38	0.36	0.32	0.28	0.29	0.28	0.32	0.28	0.3	0.27	0.29	0.26	0.24	0.24	0.23	0.22	0.17	0.09	-0.01
cash dividends declared per share	0.12	0.12	0.12	0.12	0.12	0.12	0.12	0.12	0.12	0.12	0.12	0.12	0.12	0.12	0.12	0.12	0.12	0.12	0.12	0.12	0.12	0.12	0.12	0.12	0.12	0.115	0.115	0.115	0.115	0.11	0.11	0.11	0.11	0.1	0.1	0.1	0.09	0.09	0.09	0.09	0.085	0.085	0.085	0.085	0.08	-0.15	0.16	0.16	0.14	0.14	0.14	0.14	0.14	0.13	0.13	0.13	0.13	0.12	0.12	0.12	0.12	0.11	0.11	0.11	0.11	0.11	0.11	0.11	0.11
earnings per share has been adjusted to exclude the portion of net income allocated to participating securities as a result of share-based payment awards.
total other loss				-3,049,996
earnings per share:
basic	0.46	0.43	0.46	0.43	0.42	0.39	0.54	0.37	0.47	0.51	0.45	0.47	0.42	0.37	0.31	0.31	0.37	0.36	0.32	0.36	0.47	0.58	0.48	-0.01	0.36	0.4	0.44	0.42	0.4	0.41	0.42	0.4	0.4	0.45	0.32	0.31	0.34	0.31	0.32	0.3	0.28	0.31	0.27	0.25	0.26	-0.51	0.5	0.53	0.47	0.48	0.39	0.36	0.32	0.28	0.29	0.28	0.32	0.29	0.3	0.27	0.3	0.26	0.25	0.24	0.23	0.22	0.17	0.09	-0.01
diluted	0.46	0.43	0.46	0.43	0.42	0.38	0.53	0.37	0.47	0.51	0.45	0.47	0.42	0.37	0.31	0.31	0.37	0.35	0.32	0.36	0.46	0.59	0.48	-0.01	0.36	0.4	0.44	0.42	0.4	0.4	0.42	0.4	0.4	0.45	0.31	0.31	0.33	0.3	0.32	0.3	0.28	0.31	0.27	0.25	0.26	-0.51	0.49	0.52	0.47	0.49	0.38	0.36	0.32	0.28	0.29	0.28	0.32	0.28	0.3	0.27	0.29	0.26	0.24	0.24	0.23	0.22	0.17	0.09	-0.01
other loss										-889,903.25	-1,788,335	-1,576,538	-194,740																					-267,907	-379,996	343,111	-1,034,743
operating income																																																									65,500,963				60,090,874				44,607,897				2,199,085
other income:
impairment loss on available-for-sale securities																																																																					-1,290,590

Balance Sheets:

Quarterly

Annual

Unit: USD	2025-09-30	2025-06-30	2025-03-31	2024-12-31	2024-09-30	2024-06-30	2024-03-31	2023-12-31	2023-09-30	2023-06-30	2023-03-31	2022-12-31	2022-09-30	2022-06-30	2022-03-31	2021-12-31	2021-09-30	2021-06-30	2021-03-31	2020-12-31	2020-09-30	2020-06-30	2020-03-31	2019-12-31	2019-09-30	2019-06-30	2019-03-31	2018-12-31	2018-09-30	2018-06-30	2018-03-31	2017-12-31	2017-09-30	2017-06-30	2017-03-31	2016-12-31	2016-09-30	2016-06-30	2016-03-31	2015-12-31	2015-09-30	2015-06-30	2015-03-31	2014-12-31	2014-09-30	2014-06-30	2014-03-31	2013-12-31	2013-09-30	2013-06-30	2013-03-31	2012-12-31	2012-09-30	2012-06-30	2012-03-31	2011-09-30	2011-06-30	2011-03-31	2010-12-31	2010-09-30	2010-06-30	2010-03-31	2009-12-31	2009-09-30	2009-06-30	2009-03-31	2008-12-31

assets
current assets
cash and cash equivalents	178,589,422	119,774,840	286,558,598	233,318,766	179,639,743	260,241,951	249,004,534	226,435,019	260,633,625	237,665,601	215,452,160	214,754,638	222,933,723	269,372,471	279,708,413	262,311,670	269,965,105	353,032,803	455,940,751	423,371,036	400,499,542	343,811,484	278,524,928	296,321,622	260,151,083	260,332,892	221,688,575	217,025,278	194,017,041	296,699,141	524,323,560	569,734,496	561,999,767	580,579,352	559,645,625	546,477,075	534,518,281			551,557,527				497,429,804				309,591,724				389,678,664	381,101,955	375,707,033	370,804,725	397,105,404	444,619,932	440,321,896	348,349,773	303,717,898	295,234,858	340,853,897	336,108,446	335,829,868	329,498,715	308,742,359	294,306,512
short-term investments	4,815,376	21,303,330	20,549,084	22,304,829	20,462,581	15,534,338	16,758,924	14,356,476	17,464,830	20,172,297	25,635,492	23,007,385	16,122,519	11,992,154	6,891,621	5,423,612	6,936,547	13,798,827	25,944,114	27,164,369	52,578,480	70,015,164	131,078,039	140,384,053	207,156,287	190,565,065	180,313,222	169,412,999	143,623,541	171,020,806	152,179,408	152,538,054	178,650,929	184,553,242	176,635,803	177,021,197	152,235,753			4,547,355												60,802,856	21,522,299	45,947,116	51,989,936	59,145,338	24,116,803	41,649,014	86,447,596	85,671,421	85,613,809	55,218,346	17,123,647	14,170,466	6,104,592	24,638,528	29,177,273
accounts receivable	384,673,839	372,961,789	330,625,348	295,344,353	356,338,008	306,565,681	341,591,131	321,809,868	351,142,147	350,409,472	332,867,128	276,493,752	292,413,491	274,404,572	281,461,678	249,794,906	241,225,710	234,145,996	277,676,643	284,925,335	268,457,875	170,643,014	233,578,125	235,410,326	253,108,715	226,426,332	244,266,296	213,537,799	247,322,101	239,406,379	246,427,239	231,121,788	240,505,816	229,250,339	249,457,918	211,591,745	229,236,789			195,969,400				168,008,704				143,046,590				109,579,693	126,272,547	129,948,477	139,296,845	130,039,210	111,859,028	116,330,190	95,647,612	106,681,882	93,453,861	83,826,911	71,159,512	74,336,716	51,449,887	47,220,931	44,528,810
inventories	499,243,613	475,719,663	408,934,806	436,497,445	449,311,020	463,492,305	436,537,244	402,473,028	395,452,780	390,026,268	401,769,976	404,360,270	418,286,161	392,577,825	362,736,521	316,267,442	292,599,881	263,899,976	233,060,307	226,291,843	233,358,102	259,728,189	251,006,414	248,941,855	238,676,795	225,094,463	225,303,042	225,281,599	213,394,037	212,375,655	207,232,952	216,765,583	206,657,817	196,540,222	197,088,251	189,311,437	179,353,603			174,695,411				141,757,884				120,074,164				159,930,266	177,119,455	192,330,005	200,751,160	151,130,845	119,457,528	104,036,266	100,728,730	92,106,366	79,280,713	67,746,364	53,608,996	46,678,434	48,380,958	54,122,395	54,993,855
prepaid expenses and other	101,151,652	72,217,004	42,002,767	49,862,777	39,932,866	38,049,578	28,702,868	32,663,762	30,758,445	27,032,788	25,316,437	26,036,331	39,567,381	43,539,709	24,733,040	39,178,119	63,979,883	59,698,574	17,893,732	17,577,981	20,424,567	15,128,837	16,539,990	29,319,036	28,402,524	27,984,155	14,824,876	25,672,579	29,201,873	23,575,408	11,531,029	14,403,902	16,047,166	13,775,396	11,730,076	30,587,575	13,471,694			57,239,099				49,441,302				28,473,764				24,671,561	33,725,210	32,808,457	23,425,298	20,781,773	25,591,359	20,498,179	24,095,563	20,347,709	23,769,957	23,937,689	27,412,894	23,983,882	22,704,273	30,221,454	34,145,509
total current assets	1,168,473,902	1,061,976,626	1,088,670,603	1,037,328,170	1,045,684,218	1,083,883,853	1,072,594,701	997,738,153	1,055,451,827	1,025,306,426	1,005,041,193	948,652,376	989,323,275	991,886,731	955,531,273	872,975,749	874,707,126	924,576,176	1,010,515,547	979,330,564	975,318,566	859,326,688	910,727,496	950,376,892	987,495,404	930,402,907	886,396,011	850,930,254	827,558,593	943,077,389	1,141,694,188	1,184,563,823	1,203,861,495	1,204,698,551	1,194,557,673	1,154,989,029	1,108,816,120			984,008,792				856,637,694				601,186,242				744,663,040	739,741,466	776,741,088	786,267,964	758,202,570	725,644,650	722,835,545	655,269,274	608,525,276	577,353,198	571,583,207	505,413,495	494,999,366	458,138,425	464,945,667	457,151,959
plant and equipment—net	799,496,473	783,863,952	734,551,557		703,583,489	679,486,957	664,788,932		606,180,738	596,694,337	575,276,023		526,680,787	488,913,960	468,409,064		451,811,914	458,943,776	460,593,013		474,019,432	485,314,868	493,114,501		491,968,638	501,398,382	492,613,112		497,305,597	499,673,418	496,274,467		493,663,599	482,588,291	473,151,849		450,781,365																341,854,037	326,842,448
other assets
goodwill	356,913,957	340,668,927	340,668,927	340,668,927	340,105,631	340,105,631	340,105,631	340,105,631	313,157,393	313,647,268	313,686,026	313,807,494	313,851,944	313,857,650	313,928,914	313,960,209	314,805,654	311,922,787	314,681,508	311,922,787	311,216,556	309,033,022	307,365,845	307,365,845	307,365,845	307,365,845	307,365,845	307,365,845	307,365,845	307,365,845	307,365,845	307,365,845	307,365,845	307,365,845	307,365,845	307,365,845	307,365,845			307,365,845				307,365,845				307,365,845
long-term investments	247,357,706	267,045,895	300,626,514	339,604,044	325,561,578	308,051,778	311,028,408	299,080,876	272,615,535	239,621,466	229,398,824	153,906,005	154,429,190	157,704,267	175,824,026	207,693,147	204,671,558	193,418,570	172,934,410	162,028,068	159,011,362	171,134,695	177,794,760	139,909,323	103,025,468	121,061,221	126,528,508	137,979,082	141,631,510	141,305,695	3,240,000	57,782,418	51,663,435	49,260,381	61,512,162	49,894,363	57,458,514			95,156,539				114,642,567				107,005,522				141,834,034	145,087,877	137,556,403	146,155,364	106,915,898	142,684,806	142,324,972	129,091,167	123,803,570	112,619,809	122,953,155	109,155,248	92,844,598	80,744,752	59,011,572	81,348,942
intangible assets	191,437,576	186,550,142	190,832,346	195,157,160	201,604,035	205,790,910	209,809,035	214,005,910	204,885,910	209,710,910	214,535,910	219,360,910	224,185,910	229,010,910	234,229,803	239,189,627	243,163,539	251,213,561	256,911,809	249,748,127	247,911,399	251,725,000	245,550,000	250,375,000	255,200,000	260,025,000	264,850,000	269,675,000	274,500,000	279,325,000	284,150,000	288,975,000	293,800,000	298,625,000	303,450,000	308,275,000	313,100,000			327,575,000				346,875,000				366,175,000
deferred tax asset	92,660,519	90,692,041	53,623,835	53,154,832	50,192,359	52,335,039	44,741,075	41,113,759	36,513,490	28,943,561	23,795,400	25,528,700
patents and other assets	82,414,519	83,019,753	73,575,446	66,426,375	68,565,533	68,630,894	70,146,788	66,515,551	69,513,945	73,183,124	71,614,459	67,515,425	63,171,166	63,140,670	32,459,405	33,450,758	27,268,962	26,723,061	26,809,257	26,776,489	24,997,791	24,507,260	23,550,490	22,460,033	22,241,049	22,549,518	22,612,152	21,010,121	21,027,381	21,361,937	21,627,968	20,887,496	21,276,820	21,555,728	23,255,137	23,273,129	20,751,828			21,846,482				23,627,931				25,334,600				29,256,089	28,220,949	12,886,088	13,060,218	12,862,670	12,974,283	13,063,917	13,222,442	13,408,112	13,685,549	11,640,708	10,504,497	10,387,322	10,176,072	9,950,122	9,650,760
total other assets	970,784,277	967,976,758	959,327,068	995,011,338	986,029,136	974,914,252	975,830,937	960,821,727	896,686,273	865,106,329	853,030,619	828,544,512	795,319,001	803,653,543	756,442,148	794,293,741	789,909,713	783,277,979	771,336,984	750,475,471	743,137,108	756,399,977	754,261,095	720,110,201	687,832,362	711,001,584	721,356,505	736,030,048	744,524,736	749,358,477	616,383,813	675,010,759	674,106,100	676,806,954	695,583,144	688,808,337	698,676,187																173,308,826	150,442,491	159,215,582	119,778,568	155,659,089	155,388,889		137,211,682	126,305,358	134,593,863		103,231,920	90,920,824	68,961,694
total assets	2,938,754,652	2,813,817,336	2,782,549,228	2,760,820,975	2,735,296,843	2,738,285,062	2,713,214,570	2,611,437,552	2,558,318,838	2,487,107,092	2,433,347,835	2,327,229,924	2,311,323,063	2,284,454,234	2,180,382,485	2,131,391,166	2,116,428,753	2,166,797,931	2,242,445,544	2,197,941,170	2,192,475,106	2,101,041,533	2,158,103,092	2,168,803,193	2,167,296,404	2,142,802,873	2,100,365,628	2,085,434,068	2,069,388,926	2,192,109,284	2,254,352,468	2,352,053,912	2,371,631,194	2,364,093,796	2,363,292,666	2,309,619,833	2,258,273,672			2,148,672,928				2,022,540,029				1,764,088,434				1,265,691,335	1,254,904,329	1,254,026,027	1,255,147,206	1,134,543,461	1,114,019,908	1,091,912,967		942,282,627	900,402,966	904,685,944		800,685,575	756,091,888	745,047,765
liabilities and shareholders’ investment
current liabilities
accounts payable	252,041,199	204,675,277	162,899,037	168,314,912	182,606,296	206,001,837	191,736,616	184,398,820	171,359,850	168,456,476	166,922,435	151,740,046	171,436,605	186,623,085	140,887,194	98,342,928	100,532,642	101,262,288	107,061,936	84,784,423	90,246,791	60,183,429	100,099,191	97,553,917	95,309,797	90,041,087	90,117,496	92,810,316	90,041,982	106,784,447	77,307,897	89,898,467	79,903,534	82,920,929	77,714,280	79,963,630	71,000,819			66,353,774				71,456,983				56,510,321				43,200,002	52,234,323	53,514,927	72,986,047	70,157,597	63,282,992	61,073,092	40,295,464	50,105,699	44,263,614	49,758,307	27,456,747	32,221,450	16,742,716	19,284,003	19,706,159
short-term debt	4,130,859	3,932,497
accrued liabilities	138,284,171	128,326,091	103,734,311		100,558,357	98,726,663	112,674,602		103,045,653	107,605,540	130,108,297		93,728,038	99,548,802	98,335,978		91,909,057	95,134,329	116,168,057		121,242,379	82,447,668	88,858,713		86,994,334	87,519,710	94,376,376		82,844,508	84,525,227	100,861,709				196,641,584		85,478,444																52,023,258	52,497,356	57,118,552	46,590,486	40,518,523	54,265,548		33,262,951	39,245,322	52,459,976		41,186,708	34,544,385	30,858,249
total current liabilities	394,456,229	336,933,865	266,633,348	252,692,676	283,164,653	304,728,500	304,411,218	271,608,976	274,405,503	276,062,016	297,030,732	250,552,752	265,164,643	286,171,887	239,223,172	181,656,100	192,441,699	196,396,617	223,229,993	177,736,857	236,489,170	217,631,097	263,957,904	171,846,800	182,304,131	177,560,797	184,493,872	169,160,919	172,886,490	214,434,674	228,169,606	243,647,007	264,922,840	271,140,517	274,355,864	149,857,979	156,479,263			131,006,546				133,431,163				119,980,414				87,957,442	104,257,581	106,012,283	130,104,599	116,748,083	103,801,515	115,338,640	72,088,629	83,368,650	83,508,936	102,218,283	58,637,778	73,408,158	51,287,101	50,142,252	49,472,438
other non-current liabilities	45,097,267	43,755,486	36,498,377	36,028,644	34,504,848	33,257,035	32,439,563	27,311,507	15,459,528	15,095,750	13,061,457	10,884,351	12,112,756	11,707,867	12,190,413	11,746,599	18,680,307	18,668,444	18,059,874	17,300,442	15,071,701	10,306,855	9,091,509	7,414,424	6,952,703	6,190,219	5,509,373
deferred income taxes	1,666,672																17,676,461	35,413,881	40,174,963	38,960,743	45,301,936	50,496,168	50,448,046	51,454,149	56,711,307	54,717,622	53,287,636	54,521,489	53,398,181	56,175,298	56,205,366	58,888,644	80,443,155	79,641,856	77,915,264	71,212,620	50,529,019			69,524,621				59,571,421				50,879,337				56,773,337	58,001,501	53,323,686	54,771,435	34,176,761	46,517,399	41,615,876	37,071,184	29,065,488	23,675,897	28,358,604	28,036,968	18,514,914	15,118,683	11,976,419	15,034,620
total liabilities	441,220,168	380,689,351	303,131,725	288,721,320	317,669,501	337,985,535	336,850,781	298,920,483	289,865,031	291,157,766	310,092,189	261,437,103	277,277,399	297,879,754	251,413,585	193,402,699	228,798,467	250,478,942	281,464,830	233,998,042	296,862,807	278,434,120	323,497,459	230,715,373	245,968,141	238,468,638	243,290,881	223,682,408	226,284,671	270,609,972	284,374,972	302,535,651	345,365,995	360,157,373	388,521,128	399,195,599	402,008,282			426,156,167				451,127,584				436,484,751
redeemable non-controlling interest	2,319,658	2,490,261
shareholders’ investment
common stock	13,137,108	13,171,245	13,489,027	13,632,448	13,646,597	13,813,772	13,871,933	13,887,326	13,995,548	14,005,799	14,023,563	14,050,160	14,075,843	14,107,936	14,068,640	14,186,450	14,192,076	14,337,995	14,492,329	14,621,572	14,703,703	14,746,529	14,691,939	15,076,651	15,178,860	15,286,747	15,335,060	15,559,717	15,727,030	16,135,387	16,431,263	16,816,879	17,038,791	17,172,517	17,266,545	17,264,251	17,275,776			17,480,281				17,714,877				8,734,681				8,584,581	8,565,227	8,673,968	8,653,024	8,608,344	8,587,110	8,564,448	8,537,528	8,421,555	8,397,541	8,368,304	8,300,363	8,270,152	8,264,638	8,260,496	8,258,010
additional paid-in capital	1,012,857,311	998,911,809	1,011,756,899	1,010,440,420	1,000,948,512	1,000,014,813	991,053,652	968,245,875	961,199,149	942,660,764	928,284,890	917,499,323	908,622,409	900,576,404	881,371,438	879,413,385	865,063,949	859,678,392	859,355,232	852,771,508	830,408,683	818,678,880	801,388,454	807,928,139	799,462,368	777,238,253	748,641,461	745,324,144	743,495,999	748,794,815	742,491,728	723,510,672	713,624,374	706,680,885	701,980,783	683,446,463	655,290,470			596,782,695				553,836,483				478,865,778				418,766,010	410,922,622	410,631,715	401,647,926	379,763,990	368,979,703	359,051,014	347,834,218	309,635,160	300,517,517	289,927,007	270,351,796	261,173,973	258,479,226	256,101,082	253,821,363
retained earnings	1,471,866,630	1,421,351,763	1,454,610,199	1,450,287,128	1,405,918,157	1,394,446,595	1,378,904,530	1,336,940,990	1,306,931,850	1,252,525,531	1,193,171,690	1,148,386,272	1,108,061,455	1,082,846,019	1,038,656,230	1,042,461,388	1,005,103,661	1,038,037,564	1,085,178,486	1,089,698,996	1,046,052,853	986,442,760	1,018,310,446	1,116,372,133	1,107,449,540	1,111,310,014	1,093,373,960	1,102,468,137	1,086,003,216	1,157,048,214	1,208,841,516	1,301,997,327	1,289,596,619	1,276,901,865	1,254,778,976	1,210,984,825	1,184,141,924			1,109,384,621				988,548,070				818,027,861				676,039,254	655,040,546	660,271,990	638,299,049	587,524,488	561,344,112	540,046,163	514,842,177	493,571,046	474,719,319	456,057,483	438,937,242	424,106,719	415,331,811	418,274,341	434,975,514
accumulated other comprehensive loss	-2,646,223	-3,396,649	-5,030,122		-2,885,924	-7,975,653	-7,466,326		-13,672,740	-13,242,768	-12,224,497
total gentex corporation shareholders' investment	2,495,214,826	2,430,038,168	2,474,826,003	2,467,950,655
non-controlling interest		599,556	4,591,500	4,149,000
total shareholders' investment	2,495,214,826	2,430,637,724
total liabilities, redeemable non-controlling interest, and shareholders' investment	2,938,754,652	2,813,817,336
net sales	655,236,055	657,858,210	576,773,090	2,313,314,333	608,525,777	572,925,778	590,225,211	2,299,215,044	575,848,490	583,472,846	550,761,311	1,918,958,043	493,636,695	463,423,002	468,250,776	1,731,169,929	399,598,744	428,005,026	483,724,839	1,688,189,405	474,638,584	229,925,556		1,858,897,406	477,761,417	468,711,354		1,834,063,697	460,253,433	454,981,440	465,420,105	1,794,872,578	438,627,786	443,139,073	453,535,250	1,678,924,756	429,643,276	423,800,778	405,567,786	1,543,617,706	389,829,139	379,258,477	368,937,455	1,375,501,159	350,913,912	338,436,964	335,739,344	1,171,864,171	288,621,626	286,973,898	269,498,969	1,099,559,521	268,248,089	280,255,548	290,706,762	269,467,967	243,001,541	250,945,897	816,263,414	206,832,953	201,560,960	185,768,929	544,522,993	155,741,847	117,341,777	93,831,477	623,799,822
cost of goods sold	430,069,318	432,567,307	385,039,503	1,542,224,143	404,462,142	384,362,469	387,987,605	1,536,585,036	384,407,857	390,389,807	376,024,080	1,309,143,858	346,435,670	315,055,988	307,838,816	1,111,462,082	258,698,723	276,408,285	300,424,671	1,082,745,885	286,401,872	185,980,748		1,170,589,437	297,440,131	292,173,750		1,143,597,005	287,263,147	282,176,968	292,791,704	1,100,344,312	267,398,126	275,931,278	277,734,465	1,010,472,512	255,821,376	257,028,219	246,876,998	939,841,654	237,932,439	233,715,046	225,845,046	836,611,464	212,288,220	204,144,736	204,440,537	741,131,269	182,659,141	184,361,279	176,035,466	726,740,962	178,132,021	187,498,242	189,880,269	174,182,650	157,376,970	160,629,160	520,573,101	133,073,198	127,667,134	117,200,560	366,968,216	101,386,005	81,547,272	71,521,107	420,672,934
gross profit	225,166,737	225,290,903	191,733,587	771,090,190	204,063,635	188,563,309	202,237,606	762,630,008	191,440,633	193,083,039	174,737,231	609,814,185	147,201,025	148,367,014	160,411,960	619,707,847	140,900,021	151,596,741	183,300,168	605,443,520	188,236,712	43,944,808		688,307,969	180,321,286	176,537,604		690,466,692	172,990,286	172,804,472	172,628,401	694,528,266	171,229,660	167,207,795	175,800,785	668,452,244	173,821,900	166,772,559	158,690,788	603,776,052	151,896,700	145,543,431	143,092,409	538,889,695	138,625,692	134,292,228	131,298,807	430,732,902	105,962,485	102,612,619	93,463,503	372,818,559	90,116,068	92,757,306	100,826,493	95,285,317	85,624,571	90,316,737	295,690,313	73,759,755	73,893,826	68,568,369	177,554,777	54,355,842	35,794,505	22,310,370	203,126,888
operating expenses:
engineering, research and development	52,634,707	51,471,277	45,924,364	181,475,221	48,225,968	44,003,994	42,181,986	154,359,700	40,197,517	37,973,790	34,653,747	133,308,804	33,541,331	32,857,419	31,974,987	117,763,676	29,750,973	29,059,058	27,652,081	115,935,047	27,812,730	28,992,968		114,687,309	29,398,725	28,359,343		107,134,862	26,888,999	27,200,465	26,049,258	99,726,438	24,770,279	25,243,410	25,152,257	94,238,032	23,585,115	23,071,788	23,091,209	88,392,919	21,505,461	22,315,244	21,587,551	84,175,738	21,671,940	20,234,074	20,489,227	76,495,051	19,106,682	18,864,182	18,683,576	85,003,602	20,434,012	22,792,503	23,215,134	20,668,537	20,245,757	18,914,761	64,100,411	16,463,760	15,222,622	14,338,518	47,128,086	11,955,915	11,221,720	11,380,204	51,888,922
selling, general & administrative	49,686,902	48,515,355	29,933,005		30,109,515	29,675,293	30,709,308		28,826,587	27,819,861	26,832,837		26,868,154	29,718,626	25,131,068		22,984,108	22,613,062	21,914,386		21,571,093	21,690,096			22,786,881	20,273,295			18,673,376	18,921,003	18,063,810		17,386,729	16,099,871	16,221,408		16,024,504	14,955,050	14,750,589		14,128,619	15,095,357	13,796,352		13,747,925	14,222,716	13,632,034		13,199,557	12,152,166	10,926,288		12,058,701	12,452,571	12,110,396	12,370,000	12,131,922	11,311,102		10,323,698	9,884,445	9,621,954		9,296,514	8,494,480	8,731,081
severance expense	518,190	6,784,136	2,889,112
total operating expenses	102,839,799	106,770,768	78,746,481	311,363,617	78,335,483	73,679,287	72,891,294	266,898,955	69,024,104	65,793,651	61,486,584	239,808,059	60,409,485	62,576,045	57,106,055	209,925,869	52,735,081	51,672,120	49,566,467	205,887,428	49,383,823	50,683,064		199,770,365	52,185,606	48,632,638		182,341,145	45,562,375	46,121,468	44,113,068	171,169,914	42,157,008	41,343,281	41,373,665	156,709,309	39,609,619	38,026,838	37,841,798	145,009,613	35,634,080	37,410,601	35,383,903	140,055,521	35,419,865	34,456,790	34,121,261	125,991,089	32,306,239	31,016,348	29,609,864	138,363,327	32,492,713	35,245,074	35,325,530	33,038,537	32,377,679	30,225,863	104,718,244	26,787,458	25,107,067	23,960,472	82,935,708	21,252,429	19,716,200	20,111,285	94,313,972
income from operations	122,326,938	118,520,135	112,987,106	459,726,573	125,728,152	114,884,022	129,346,312	495,731,053	122,416,529	127,289,388	113,250,647	370,006,126	86,791,540	85,790,969	103,305,905	409,781,978	88,164,940	99,924,621	133,733,701	399,556,092	138,852,889	-6,738,256		488,537,604	128,135,680	127,904,966		508,125,547	127,427,911	126,683,004	128,515,333	523,358,352	129,072,652	125,864,514	134,427,120	511,742,935	134,212,281	128,745,721	120,848,990	458,766,439	116,262,620	108,132,830	107,708,506	398,834,174	103,205,827	99,835,438	97,177,546	304,741,813	73,656,246	71,596,271	63,853,639	234,455,232	57,623,355	57,512,232		62,246,780	53,246,892		190,972,069	46,972,297	48,786,759		94,619,069	33,103,413	16,078,305		108,812,916
other income			-4,234,379		744,569	-1,159,272	1,670,139	-4,248,230				-5,078,873	-2,126,039	-1,903,269	-798,810	2,979,960	872,943	987,959	509,625	5,270,534	2,218,852	1,404,196		647,034	90,323	237,191			-73,979	-554,359	1,206,993						-800,855	-1,911,113	-2,069,419		-710,346	1,563,291
investment income	542,055	-3,628,231	4,874,855	13,402,841	18,982,629	-12,393,771	-3,368,524	13,498,351	3,851,967	2,890,934	2,939,195	4,795,823	1,496,852	920,284	788,316	3,589,798	856,351	903,139	1,023,410	6,986,303	1,825,257	1,462,033		11,230,696	3,353,510	2,140,387		11,262,385	3,180,683	2,844,133	2,037,605	9,442,387	2,139,387	1,736,138	1,472,527	4,787,128	916,556	774,102	790,041	4,990,811	495,468	754,052	612,025	6,016,727	406,491	398,005	325,158	6,724,717	474,084	625,717	495,413	5,307,180	586,517	633,700	596,023	543,996	598,455	499,570	2,901,956	620,160	556,004	512,883		567,664	867,640	1,192,664
other	-2,298,285	578,235		16,059,475				15,117,532				15,259,538				21,582,858				20,304,860				11,613,355				11,496,734				14,197,321				11,614,716				12,547,418			97,359	9,050,471	380,289	5,388,560	4,189,386	5,127,751	6,912,924	4,906,951	1,404,860	7,497,144	3,476,189	2,533,783	2,690,337	1,707,840	3,902,721	2,864,818	5,428,081	2,578,853	998,302	2,564,472	4,391,978	1,911,329	1,356,244	-4,487,335	7,902,504
total other income	-1,756,230		640,476	12,487,110	19,727,198	-13,553,043	-1,698,385	9,250,121	2,063,632	1,314,396	2,744,455	-283,050	-629,187	-982,985	-10,494	6,569,758	1,729,294	1,891,098	1,533,035	12,256,837	4,044,109	2,866,229		11,877,730	3,443,833	2,377,578		13,921,400	3,106,704	2,289,774	3,244,598	8,438,352	1,759,391	2,079,249	437,784	-1,182,162	115,701	-1,137,011	-1,279,378	4,825,017	-214,878	2,317,343	709,384	16,492,316	786,780	5,786,565	4,514,544	23,322,230	7,387,008	5,532,668	1,900,273	15,170,368	4,062,706	3,167,483	3,286,360	2,251,836	4,501,176	3,364,388	12,467,945	3,199,013	1,554,306	3,077,355	1,733,234	2,478,993	2,223,884	-4,585,261	-16,618,055
income before benefit from income taxes	120,570,708	115,470,139	113,627,582	472,213,683	145,455,350	101,330,979	127,647,927	504,981,174	124,480,161	128,603,784	115,995,102	369,723,076	86,162,353	84,807,984	103,295,411	416,351,736	89,894,234	101,815,719	135,266,736	411,812,929	142,896,998	-3,872,027		500,415,334	131,579,513	130,282,544		522,046,947	130,534,615	128,972,778	131,759,931	531,796,704	130,832,043	127,943,763	134,864,904	510,560,773	134,327,982	127,608,710	119,569,612	463,591,456	116,047,742	110,450,173	108,417,890	415,326,490	103,992,607	105,622,003	101,692,090	328,064,043	81,043,254	77,128,939	65,753,912	249,625,600	61,686,061	60,679,715	68,787,323	64,498,616	57,748,068	63,455,262	203,440,014	50,171,310	50,341,065	47,685,252	96,352,303	35,582,406	18,302,189	-2,386,176	92,194,861
benefit from income taxes	19,684,004	19,819,689	18,753,537	67,725,940	22,906,309	15,290,541	19,417,213	76,577,902	19,754,749	19,448,381	18,416,841	50,965,724	13,506,358	12,403,581	15,766,785	55,554,504	13,233,686	15,309,301	21,815,866	64,249,308	25,804,396			75,731,395	19,681,661	21,323,919		84,163,850	19,198,798	19,948,796	20,511,188	125,004,782	40,601,708	39,407,816	37,308,163	162,969,497	42,263,336	41,123,468	39,289,618	145,121,597	37,715,317	35,891,736	31,234,449	126,721,911	31,655,724	28,895,257	33,126,019	105,134,094	25,522,293	25,031,542	20,323,345	81,038,760	19,808,978	19,913,176	22,442,739	21,101,552	19,275,899	21,122,380	65,706,045	15,880,066	16,283,735	15,223,122	31,715,218	11,645,552	6,092,882	-829,245	30,106,914
net income	100,886,704	95,650,450	94,874,045	404,487,743	122,549,041	86,040,438	108,230,714	428,403,272	104,725,412	109,155,403	97,578,261	318,757,352	72,655,995	72,404,403	87,528,626	360,797,232	76,660,548	86,506,418	113,450,870	347,563,621	117,092,602	-2,374,033		424,683,939	111,897,852	108,958,625		437,883,097	111,335,817	109,023,982	111,248,743	406,791,922	90,230,335	88,535,947	97,556,741	347,591,276	92,064,646	86,485,242	80,279,994	318,469,859	78,332,425	74,558,437	77,183,441	288,604,579	72,336,883	76,726,746	68,566,071	222,929,949	55,520,961	52,097,397	45,430,567	168,586,840	41,877,083	40,766,539	46,344,584	43,397,064	38,472,169	42,332,882	137,733,969	34,291,244	34,057,330	32,462,130	64,637,085	23,936,854	12,209,307	-1,556,931	62,087,947
less: net income attributable to non-controlling interests	-81,206	-389,134
net income attributable to gentex corporation	100,967,910	96,039,584
earnings per share attributable to gentex corporation:
basic	0.46	0.43	0.42	1.77	0.54	0.37	0.47	1.84	0.45	0.47	0.42	1.36	0.31	0.31	0.37	1.51	0.32	0.36	0.47	1.41	0.48	-0.01		1.67	0.44	0.42		1.64	0.42	0.4	0.4	1.42	0.32	0.31	0.34	1.21	0.32	0.3	0.28	1.09	0.27	0.25	0.26	0.99	0.5	0.53	0.47	1.55	0.39	0.36	0.32	1.18	0.29	0.28	0.32	0.3	0.27	0.3	0.99	0.25	0.24	0.23	0.47	0.17	0.09	-0.01	0.44
diluted	0.46	0.43	0.42	1.76	0.53	0.37	0.47	1.84	0.45	0.47	0.42	1.36	0.31	0.31	0.37	1.5	0.32	0.36	0.46	1.41	0.48	-0.01		1.66	0.44	0.42		1.62	0.42	0.4	0.4	1.41	0.31	0.31	0.33	1.19	0.32	0.3	0.28	1.08	0.27	0.25	0.26	0.98	0.49	0.52	0.47	1.55	0.38	0.36	0.32	1.17	0.29	0.28	0.32	0.3	0.27	0.29	0.98	0.24	0.24	0.23	0.47	0.17	0.09	-0.01	0.44
cash dividends declared per share	0.12	0.12	0.12	0.48	0.12	0.12	0.12	0.48	0.12	0.12	0.12	0.48	0.12	0.12	0.12	0.48	0.12	0.12	0.12	0.48	0.12	0.12		0.46	0.115	0.115		0.44	0.11	0.11	0.11	0.39	0.1	0.1	0.09	0.355	0.09	0.09	0.085	0.335	0.085	0.085	0.08	0.31	0.16	0.16	0.14	0.56	0.14	0.14	0.14	0.52	0.13	0.13	0.13	0.12	0.12	0.12	0.44	0.11	0.11	0.11	0.44	0.11	0.11	0.11	0.43
earnings per share has been adjusted to exclude the portion of net income allocated to participating securities as a result of share-based payment awards.
total other loss		-3,049,996
total liabilities and shareholders' investment			2,782,549,228	2,760,820,975				2,611,437,552				2,327,229,924				2,131,391,166				2,197,941,170
earnings per share:
current assets:
plant and equipment:
land, buildings and improvements				531,261,137				472,112,320				376,934,354				363,646,380				350,574,243				344,231,180				340,910,332				317,600,833				294,696,813				232,665,249				231,160,686				223,191,567				198,156,137							120,578,714				112,276,501				111,240,060
machinery and equipment				1,065,109,667				1,011,930,699				935,848,288				883,240,100				857,583,647				843,439,691				838,887,032				790,833,278				721,713,250				616,335,223				554,425,200				507,768,233				472,844,579							352,618,391				327,554,073				306,301,187
construction-in-process				177,907,293				158,327,247				165,574,867				77,592,152				49,048,555				39,456,490				18,156,423				35,828,403				30,643,709				84,980,367				56,685,789				41,481,572				45,092,001							13,351,954				6,973,175				12,807,041
total plant and equipment				1,774,278,097				1,642,370,266				1,478,357,509				1,324,478,632				1,257,206,445				1,227,127,361				1,197,953,787				1,144,262,514				1,047,053,772				933,980,839				842,271,675				772,441,372
less- accumulated depreciation				-1,045,796,630				-989,492,594				-928,324,473				-860,356,956				-789,071,310				-728,811,261				-699,480,021				-651,783,184				-581,231,305				-521,260,569				-468,880,683				-415,420,147
net plant and equipment				728,481,467				652,877,672				550,033,036				464,121,676				468,135,135				498,316,100				498,473,766				492,479,330				465,822,467				412,720,270				373,390,992				357,021,225
other assets:
current liabilities:
accrued liabilities:
salaries, wages and vacation				19,526,367				22,725,631				17,517,580				14,019,643				18,557,799				16,385,833				15,860,073				18,502,209				12,378,007				9,324,470				8,984,609				7,770,868				7,188,092							5,724,818				4,674,854				5,001,952
income taxes				439,545				693,391				18,726,857				196,863				3,790,219				24,952				4,293,608				360,014				572,834				148,251				768,142				13,316,102				1,582,570											3,766,593
royalties				21,087,480				20,898,949				19,208,411				19,140,907				21,056,412				17,371,829				16,174,041				14,660,864				11,932,416				10,373,152				12,051,121				9,374,449				9,889,708							4,988,132				3,130,274				1,722,138
dividends payable				27,264,897				27,774,653				28,100,320				28,372,901				29,243,144				28,896,914				28,526,147				28,028,132
shareholders’ investment:
accumulated other comprehensive income:
unrealized loss on investments				-591,605				-2,022,403
cumulative translation adjustment				-5,817,736				-4,534,719				-4,032,239				920,589				769,045				-2,384,589				-1,674,887				645,030				-2,862,999				-44,909				1,403,899				2,507,922				2,458,933							566,903				2,743,754				1,158,009
selling, general and administrative				121,023,692				112,539,255				106,499,255				92,162,193				89,952,381				85,083,056				75,206,283				71,443,476				62,471,277				56,616,694				55,879,783				49,496,038				48,359,725							40,617,833				35,807,622				42,425,050
impairment charges				8,864,704
other income:
other loss				-915,731					-1,788,335	-1,576,538	-194,740																						-379,996	343,111	-1,034,743
earnings per share has been adjusted to exclude the portion of net income allocated to participating securities as a result of share-based payment awards
total shareholders’ investment					2,417,627,342	2,400,299,527	2,376,363,789	2,312,517,069	2,268,453,807	2,195,949,326	2,123,255,646	2,065,792,821	2,034,045,664	1,986,574,480	1,928,968,900	1,937,988,467	1,887,630,286	1,916,318,989	1,960,980,714	1,963,943,128	1,895,612,299	1,822,607,413	1,834,605,633	1,938,087,820	1,921,328,263	1,904,334,235	1,857,074,747	1,861,751,660	1,843,104,255	1,921,499,312	1,969,977,496	2,049,518,261	2,026,265,199	2,003,936,423	1,974,771,538	1,910,424,234	1,856,265,390			1,722,516,761				1,571,412,445				1,327,603,683				1,120,960,556	1,092,645,247	1,094,690,058	1,070,271,172	983,618,617	963,700,994	934,958,451	893,530,826	829,848,489	793,218,133	774,109,057	735,928,743	708,762,503	689,686,104	682,929,094	698,596,322
total liabilities and shareholders’ investment					2,735,296,843	2,738,285,062	2,713,214,570		2,558,318,838	2,487,107,092	2,433,347,835		2,311,323,063	2,284,454,234	2,180,382,485		2,116,428,753	2,166,797,931	2,242,445,544		2,192,475,106	2,101,041,533	2,158,103,092		2,167,296,404	2,142,802,873	2,100,365,628		2,069,388,926	2,192,109,284	2,254,352,468		2,371,631,194	2,364,093,796	2,363,292,666		2,258,273,672																1,254,904,329	1,254,026,027	1,255,147,206	1,134,543,461	1,114,019,908	1,091,912,967		942,282,627	900,402,966	904,685,944		800,685,575	756,091,888	745,047,765
restricted cash											4,000,000	4,000,000
equity method investments												48,425,978	39,680,791	39,940,046
unrealized gain on investments												-10,110,695				1,006,655				6,082,007				1,095,486				74,549				6,626,379				2,788,975				829,907				10,868,322				19,467,441				15,111,778							21,750,000				15,595,588				383,426
accumulated other comprehensive income													3,285,957	-10,955,879	-5,127,408		3,270,600	4,265,038	1,954,667		4,447,060	2,739,244	214,794		-762,505	499,221	-275,734		-2,121,990	-479,104	2,212,989		6,005,415	3,181,156	745,234		-442,780
current portion of long-term debt																					25,000,000	75,000,000	75,000,000							23,125,000	50,000,000
(benefit from) benefit from income taxes																						-1,497,994
total liabilites and shareholders' investment																								2,168,803,193				2,085,434,068				2,352,053,912				2,309,619,833				2,148,672,928				2,022,540,029				1,764,088,434				1,265,691,335
current portion of long term debt																																78,000,000				7,500,000				7,500,000				7,500,000				7,500,000
preferred stock, no par value, 5,000,000 shares authorized; none issued or outstanding
unrealized gain on derivatives																																-78,026				-1,197,281				-1,915,834				-959,206
long term debt																																		9,375,000	36,250,000	178,125,000	195,000,000			225,625,000				258,125,000				265,625,000
accrued liabilities and current portion of long-term debt																																	185,019,306	188,219,588
dividends declared																																				25,896,376				24,759,481				23,619,837				20,380,923				18,599,926							15,652,134				15,217,332				15,139,685
litigation settlement																																																				5,000,000
less-accumulated depreciation and amortization																																																				-366,154,545							-281,441,303				-249,273,500				-215,396,569
other shareholders’ investment																																																					18,116,852	15,112,385	21,671,173	7,721,795	24,790,069	27,296,826		18,220,728	9,583,756	19,756,263		15,211,659	7,610,429	293,175
plant and equipment - net																																																							309,663,660
operating income																																																							65,500,963			60,090,874				44,607,897				2,199,085
plant and equipment — net																																																								256,562,323	232,716,169	213,688,533		196,545,669	196,744,410	198,508,874		202,454,289	207,032,639	211,140,404
impairment loss on available-for-sale securities																																																															-1,290,590			-1,290,590	-17,909,901
litigation judgment
interest and dividend income																																																															3,321,853				13,600,326

Cashflow Statements:

Quarterly

Annual

Unit: USD	2026-03-31	2025-09-30	2025-06-30	2025-03-31	2024-09-30	2024-06-30	2024-03-31	2023-09-30	2023-06-30	2023-03-31	2022-09-30	2022-06-30	2022-03-31	2021-09-30	2021-06-30	2021-03-31	2020-09-30	2020-06-30	2020-03-31	2019-09-30	2019-06-30	2019-03-31	2018-09-30	2018-06-30	2018-03-31	2017-09-30	2017-06-30	2017-03-31	2016-09-30	2016-06-30	2016-03-31	2015-09-30	2015-06-30	2015-03-31	2014-09-30	2014-06-30	2014-03-31	2013-09-30	2013-06-30	2013-03-31	2012-09-30	2012-06-30	2012-03-31	2011-09-30	2011-06-30	2011-03-31	2010-09-30	2010-06-30	2010-03-31	2009-09-30	2009-06-30	2009-03-31

cash flows from operating activities:
net income from consolidated operations	98,421,059	291,411,199	190,524,495
adjustments to reconcile net income to net cash from operating activities:
depreciation and amortization	25,656,252	78,808,967	52,880,443	25,509,069	70,887,294	47,942,132	23,953,768	71,001,177	48,841,936	24,041,648	73,289,065	50,052,518	24,711,500	75,105,881	51,497,665	25,599,131	78,489,026	53,437,698	26,295,146	79,331,513	53,296,388	28,098,804	80,748,272	55,908,679	28,046,434	74,858,551	50,428,320	25,181,854	68,853,761	45,789,787	22,839,030	63,709,095	42,471,227	21,279,105	59,747,630	39,592,545	19,825,402	42,334,977	27,566,632	13,805,949	37,620,512	25,138,931	12,674,712	33,310,248	21,283,279	10,552,370	29,591,073	19,553,096	9,675,591	28,895,520	19,213,984	9,625,860
gain on disposal of assets	-18,375	-161,501	-133,576																				-145,777	-130,647	-4,374	-163,984	-83,667	-146,261	-10,900	-10,900	-10,900	-18,052	-18,052	-44,414	-35,000	-35,000	-54,520
loss on disposal of assets	7,524	13,243	791		48,618	29,782	6,838	250,435	220,568	41,843	22,096	11,776	11,067	213,430	133,036	131,490	146,195	88,357	54,279	495,697	340,070	122,296	26,839	10,544	8,677	288,323	286,318	359,959	796,234	705,381	577,916	360,659	250,247	221,953	411,129	374,925	218,409	2,114,241	2,010,463	1,495,536	327,382	397,298	161,487	838,359	539,865	507,022	662,402	439,689	179,297	409,489	397,184	288,031
gain on sale of investments and technology investment income	-1,090,014	-1,637,823	-832,046
loss on sale of investments and technology investment losses	3,665,560	6,630,483	5,163,260	3,274,941	14,839,974	29,061,771	10,384,965
reserve for credit losses	2,211,597	4,778,334
deferred income taxes	-3,944,932	-5,832,023																			196,133	-1,233,853	-5,538,048	-2,743,537	-2,746,797	6,855,507	7,008,364	5,718,363	2,204,030	-402,154	-2,403,818	-10,836,858	-2,472,624	-15,354	225,911	667,802	-1,614,318	-6,271,382	-3,024,452	-2,180,428	2,923,004	1,729,418	880,311	3,027,961	7,328,085	2,003,651	4,164,643	301,435	-160,137	-5,208,670	-3,829,485	-3,301,142
stock-based compensation expense related to employee stock options, employee stock purchases and restricted stock	10,406,965	26,596,685	16,160,289	8,671,763	30,936,895	21,396,790	10,473,792	29,212,236	18,264,205	8,519,535	22,973,113	15,361,567	6,788,337	20,114,921	12,622,158	5,894,645	23,266,906	15,960,362	6,356,070	15,927,434	10,139,148	4,862,947	13,558,557	8,652,939	3,977,471	13,090,804	9,114,708	4,422,996	14,503,307	9,777,427	4,974,453	16,534,607	11,224,538	5,813,951	15,569,999	10,147,262	4,742,080	12,528,264	8,077,955	3,850,063	12,361,993	7,991,705	3,960,579	10,184,719	6,419,575	3,101,524	7,669,990	4,870,212	2,334,402	6,876,619	4,449,101	2,244,273
impairment charges - intangible assets	2,800,000
impairment charges - investments	2,739,466
change in operating assets and liabilities:
accounts receivable	-50,951,356	-30,771,806	-20,896,565	-35,280,995	-34,528,140	15,244,187	-19,781,263	-74,648,395	-73,915,719	-56,373,376	-42,618,585	-24,609,666	-31,666,772	43,704,625	50,784,339	7,253,692	-32,832,997	64,981,864	1,832,201	-39,570,916	-12,888,533	-30,728,497	-16,200,315	-8,284,592	-15,305,451	-28,914,071	-17,658,594	-37,866,173	-33,267,389	-23,473,550	-28,020,070	-40,194,912	-28,050,976	-33,773,355	-43,365,458	-35,234,410	-28,290,721	-31,755,237	-10,607,330	-12,347,433	-15,882,832	-19,558,762	-28,907,130	-34,391,598	-16,211,416	-20,682,578	-35,522,370	-22,294,349	-12,667,399	-29,807,906	-6,921,077	-2,692,121
inventories	-7,255,989	35,148,302	57,495,782	27,562,638	-46,837,992	-61,019,277	-34,064,216	8,907,490	14,334,001	2,590,294	-102,018,719	-76,310,383	-46,469,079	-66,308,038	-37,608,133	-6,768,464	15,659,539	-10,710,548	-2,064,558	-13,395,196	187,136	-21,443	3,371,546	4,389,930	9,532,631	-17,346,380	-7,228,785	-7,776,814	-4,658,192	-1,531,186	-13,929,365	-22,846,177	-9,014,610	-3,806,065	-15,523,737	-5,137,710	-8,275,303	42,523,707	43,928,296	29,860,576	11,633,857	-3,576,693	-11,997,848	-50,402,115	-18,728,798	-3,307,536	-38,497,371	-25,671,717	-14,137,368	8,315,421	6,612,897	871,460
prepaid expenses and other	5,958,594	-6,400,676	2,765,009	9,056,108	-2,616,370	-3,559,130	4,663,897	-5,416,624	-2,722,437	-629,502	-16,978,469	-6,035,375	16,082,077	-45,504,501	-41,394,722	768,229	8,934,297	14,230,026	12,779,046	-2,729,945	-2,311,576	10,847,705	-14,797,969	-9,171,506	2,872,873	14,540,408	16,812,179	18,857,501	21,515,247	19,882,083	23,521,639	9,106,066	11,612,976	15,219,554	-13,414,445	-7,809,607	534,133	-12,362	329,541	133,880	4,403,912	3,305,799	11,876,847	6,319,685	765,712	4,712,490	3,686,589	2,655,958	2,777,951	12,264,207	12,437,539	4,765,750
accounts payable	21,070,064	52,627,156	5,032,376	-3,809,528	-8,976,998	17,318,424	6,080,702	27,451,773	22,410,431	11,112,425	52,511,201	48,905,968	42,968,193	15,748,219	16,477,865	22,277,513	-7,389,582	-37,452,944	2,545,274	2,499,481	-2,769,229	-2,692,820	143,514	16,885,979	-12,590,570	-60,096	2,957,299	-2,249,350	4,647,045	15,469,383	13,065,406	12,435,275	-1,520,783	1,827,677	12,103,087	-689,646	7,889,358	7,139,387	589,628	-10,198,080	-13,236,250	-11,955,646	7,515,474	29,862,133	22,987,528	20,777,628	22,648,952	16,806,867	22,301,560	12,515,291	-2,963,443	-422,156
accrued liabilities, excluding dividends declared	27,406,814	2,040,885	5,896,241	20,386,827	19,229,845	15,643,764	28,279,293	7,500,486	11,483,186	33,525,890																			22,661,540	21,670,990	50,511,519	33,810,991	21,821,075	27,731,368	10,603,937	7,906,087	39,907,356	18,606,444	15,235,030	30,735,336	15,529,686	15,768,179	20,435,185	13,232,767	7,203,272	20,995,621	1,859,735	7,886,131	21,154,386	11,398,168	4,765,954	1,087,413
net cash from operating activities	137,083,229	461,627,573	314,644,872	148,505,521	343,817,752	259,127,445	129,877,130	367,668,306	241,766,133	120,914,110	236,357,565	189,261,043	115,958,543	299,380,991	252,242,169	190,849,001	329,044,250	190,452,184	151,280,470	383,940,298	273,467,294	133,840,218	398,207,288	292,384,554	147,449,048	352,556,094	263,557,719	131,191,171	353,024,801	253,471,126	151,441,164	283,161,580	191,887,721	107,951,846	227,453,833	142,105,586	97,721,946	223,665,953	172,285,546	97,422,534	176,449,443	101,528,917	61,131,521	125,431,938	104,615,030	77,375,543	92,108,704	67,105,808	61,308,014	83,624,209	49,537,751	16,063,355
capital expenditures	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
free cash flows	137,083,229	461,627,573	314,644,872	148,505,521	343,817,752	259,127,445	129,877,130	367,668,306	241,766,133	120,914,110	236,357,565	189,261,043	115,958,543	299,380,991	252,242,169	190,849,001	329,044,250	190,452,184	151,280,470	383,940,298	273,467,294	133,840,218	398,207,288	292,384,554	147,449,048	352,556,094	263,557,719	131,191,171	353,024,801	253,471,126	151,441,164	283,161,580	191,887,721	107,951,846	227,453,833	142,105,586	97,721,946	223,665,953	172,285,546	97,422,534	176,449,443	101,528,917	61,131,521	125,431,938	104,615,030	77,375,543	92,108,704	67,105,808	61,308,014	83,624,209	49,537,751	16,063,355
cash flows used for investing activities:
activity in investments:
sales proceeds	492,475	71,903,080	48,810,102	48,810,102	35,059,971	19,649,880	16,121,684	32,839,883	21,523,990	3,128,110	37,429,595	37,429,595	37,158,611	34,250,068	34,250,068	15,019,323	15,559,590	5,607,634	3,124,008	57,087,935	28,845,319	17,139,689	54,078,232	53,822,336	53,822,052	2,888,493	2,179,926	1,316,280	75,741,184	45,982,921	43,417,073	45,787,794	13,805,507	7,540,449	68,958,662	55,370,528	23,856,516	69,937,242	31,899,490	10,627,243
purchases	-3,145,703	-16,267,120	-17,331,563	-12,180,407	-83,764,695	-60,360,047	-37,537,250	-112,608,739	-65,945,596	-32,178,155	-25,304,476	-19,506,446	-15,889,063	-86,228,584	-71,596,074	-31,379,609	-59,933,780	-52,650,769	-48,606,718	-66,360,636	-40,298,297	-18,475,158	-180,657,259	-177,243,275	-1,213,405	-18,062,164	-17,216,593	-16,225,018	-182,664,625	-165,496,238	-25,154,245	-34,380,942	-12,939,815	-6,360,397	-63,310,363	-52,943,104	-24,487,944	-58,278,107	-51,633,929	-33,136,682
purchase of equity method investments	-5,491,789										-24,250,000	-24,250,000
plant and equipment additions	-17,042,162	-103,418,837	-67,834,222	-36,722,401	-102,966,564	-63,634,852	-31,871,370	-121,393,801	-90,277,995	-42,819,075	-108,475,787	-57,998,319	-23,892,169	-44,357,786	-31,352,443	-12,599,388	-37,048,073	-28,828,066	-15,574,443	-58,322,472	-45,504,667	-16,844,301	-68,771,193	-51,860,448	-26,247,890	-86,111,836	-56,218,870	-27,119,993	-91,497,229	-54,832,532	-20,329,035	-62,282,827	-33,589,833	-15,160,355	-49,994,352	-30,248,002	-16,417,890	-38,026,769	-24,067,012	-12,674,970	-97,597,283	-69,424,380	-39,824,858	-84,994,919	-48,995,466	-19,436,397	-29,126,357	-19,095,284	-10,845,788	-16,452,961	-11,457,187	-5,988,937
proceeds from sale of plant and equipment	70,262	259,111	245,105	53,110	142,400	127,000	9,500	185,610	140,610	118,410	91,949	44,881	33,740	2,550,805	99,850	17,744	331,465	200,475	165,533	1,937,207	227,738	117,455	194,200	179,700	67,400	192,756	89,701	15,001	516,667	516,667	516,667	4	4	4	35,005	35,005	35,005	316,449	15,510	9,500	1,012,608	10,803		177,132	77,509	47,505	480,460	261,328	146,578	10,754	2,003	2,001
loans to technology investment partners	-1,334,424	-14,199,157
decrease in other assets	877,306																	-3,886,518	-2,544,554	-3,111,644	-1,022,057	164,215	-4,557,125	-2,965,781	45,322	2,432,320	1,783,574	-588,361	-2,416,610	-2,287,732	135,904					-683,656	-285,354	-602,017	-531,456	-706,899	-16,036,911	-725,542	175,419	1,560,369	2,474,000	2,239,006	-4,095,559	-5,483,679	-2,043,241	336,465	-110,930	-551,254
net cash from investing activities	-25,574,035	-217,284,919	-181,358,214	-5,101,545	-146,883,017	-102,078,900	-55,142,494	-189,075,734	-126,395,275	-72,396,645	-119,319,147	-63,217,406	-2,044,300	-82,462,784	-64,395,676							-14,898,100	-147,821,009	-156,183,468	29,473,479	-80,560,431	-57,282,262	-36,502,091	-200,320,613	-176,116,914	-1,413,636				-45,524,840	-28,469,229	-17,299,667	-626,617,808	-38,067,397	-32,881,808	-73,846,857	-55,798,971	-33,809,644	-51,898,887	7,061,007	20,860,421	-110,865,059	-103,310,297	-58,930,326	2,846,778	15,722,989	13,474,245
cash flows used for financing activities:
issuance of common stock from stock plan transactions	2,103,787	13,338,052	6,283,742	4,933,702	24,024,353	20,242,309	16,833,987	24,304,861	13,882,810	5,956,022	12,365,103	8,995,167	3,324,147	20,773,874	13,656,884	9,265,840	23,677,181	15,710,692	7,355,488	68,221,875	41,934,814	10,514,554	61,379,666	52,996,593	36,267,047	31,896,752	21,929,900	17,237,232	55,449,028	29,282,769	10,678,450	20,008,358	13,809,419	9,131,177	19,184,437	11,576,970	6,227,631	22,526,742	16,030,793	6,592,272	8,417,982	7,439,914	2,466,307	21,815,871	14,775,493	8,142,192	31,734,568	25,392,689	17,308,754	488,133	215,390	37,932
cash dividends paid	-25,853,186	-80,586,484	-54,244,161	-27,264,150	-83,145,216	-55,517,709	-27,774,268	-84,159,105	-56,146,939	-28,099,993	-84,941,178	-56,725,981	-28,589,625	-86,902,257	-58,227,768	-29,243,108	-87,774,635	-58,281,727	-28,896,894	-87,217,383	-57,918,158	-28,526,146	-87,733,776	-58,152,113	-28,028,132	-80,417,057	-51,796,194	-25,896,377	-75,217,692	-49,334,501	-24,759,481	-72,150,137	-47,193,926	-23,619,837	-64,209,453	-40,808,322	-20,380,923	-58,898,029	-38,701,691	-18,599,926	-54,829,734	-36,036,136	-17,288,348	-49,955,251	-32,781,030	-15,652,134	-45,954,715	-30,559,224	-15,217,332	-45,435,764	-30,283,927	-15,139,685
repurchases of common stock	-68,643,877	-229,023,565	-198,870,165	-67,833,696	-184,609,148	-87,966,213	-41,224,840	-76,859,341	-54,195,766	-25,675,972	-83,840,290	-71,252,022	-71,252,022	-304,195,755	-213,613,842	-97,692,763	-210,480,446	-178,819,584	-178,819,584	-262,763,375	-166,138,372	-96,267,229	-521,749,624	-349,205,921	-202,572,378	-129,827,666	-73,556,886	-30,986,385	-122,741,623	-92,274,871	-44,585,668	-82,900,454	-50,107,196	-25,049,145	-9,999,957						-33,716,725
net cash from financing activities	-92,393,276	-296,271,997	-246,830,584	-90,164,144	-243,730,011	-123,241,613	-52,165,121	-136,713,585	-96,459,895	-47,819,943	-156,416,365	-118,982,836											-626,103,734	-409,236,441	-222,333,463	-256,472,971	-172,173,180	-81,520,530	-169,743,434	-129,417,775					-58,034,081	-31,577,612	-15,325,712	239,950,146	-21,175,048	-11,666,429	-79,487,405	-28,009,687	-14,503,926	-24,777,420	-15,405,878	-6,263,841	-13,634,193	-4,669,099	2,367,763	-44,947,631	-30,068,537	-15,101,753
net increase in cash, cash equivalents, and restricted cash	19,115,918
cash and cash equivalents, beginning of period	145,645,715		233,318,766								262,311,670	262,311,670	262,311,670	423,371,036	423,371,036	423,371,036	296,321,622	296,321,622	296,321,622	217,025,278	217,025,278	217,025,278	569,734,496	569,734,496	569,734,496	546,477,075	546,477,075	546,477,075	551,557,527	551,557,527	551,557,527	497,429,804	497,429,804	497,429,804	309,591,724	309,591,724	309,591,724	389,678,664	389,678,664	389,678,664	357,986,774	357,986,774	357,986,774	348,349,773	348,349,773	348,349,773	336,108,446	336,108,446	336,108,446	294,306,512	294,306,512	294,306,512
cash and cash equivalents, end of period	164,761,633		119,774,840								222,933,723	269,372,471	279,708,413	269,965,105	353,032,803	455,940,751	400,499,542	343,811,484	278,524,928	260,151,083	260,332,892	221,688,575	194,017,041	296,699,141	524,323,560	561,999,767	580,579,352	559,645,625	534,518,281	499,493,964	626,470,720	564,528,197	569,896,553	549,911,648	433,486,636	391,650,469	374,688,291	226,676,955	502,721,765	442,552,961	381,101,955	375,707,033	370,804,725	397,105,404	444,619,932	440,321,896	303,717,898	295,234,858	340,853,897	335,829,868	329,498,715	308,742,359
gain on sale of investments and equity method investment income
loss on sale of investments and equity method investment losses								6,840,692	4,201,138	1,671,583
provision for credit losses
remeasurement of earnout provision
stock based compensation expense related to employee stock options, employee stock purchases and restricted stock
impairment charges - goodwill and intangible assets
accrued liabilities
net cash flows from operating activities
activity in available-for-sale securities:
maturities and calls		1,655,000	1,655,000		10,260,000	6,260,000	1,420,000	14,435,000	11,650,000	1,465,000	3,500,000	3,000,000	1,000,000	26,110,000	16,685,000	2,000,000	117,172,368	90,017,368	19,720,000	9,714,000	9,714,000	3,000,000	51,892,136	21,884,000	3,000,000	18,100,000	12,100,000	6,100,000										98,142,408	6,250,000	3,000,000
voxx share purchases
purchase of technology investments
acquisition of businesses, net of cash acquired		-156,291,615	-143,328,862											-12,023,440	-12,023,440	-12,023,440	-8,043,217	-7,031,827																				-698,107,014
increase in other assets		-925,381	-3,573,774	-5,061,949	-5,614,129	-4,120,881	-3,285,058	-2,533,687	-3,486,284	-2,110,935	-2,310,428	-1,937,117	-455,419	-2,763,847	-458,637	-1,643,884	-3,326,783
net increase in cash and cash equivalents			-113,543,926	53,239,832	-46,795,276	33,806,932	22,569,515	41,878,987	18,910,963	697,522		7,060,801	17,396,743	-153,405,931	-70,338,233	32,569,715	104,177,920	47,489,862	-17,796,694	43,125,805	43,307,614	4,663,297	-375,717,455	-273,035,355	-45,410,936	15,522,692	34,102,277	13,168,550	-17,039,246	-52,063,563	74,913,193	67,098,393	72,466,749	52,481,844	123,894,912	82,058,745	65,096,567	-163,001,709	113,043,101	52,874,297	23,115,181	17,720,259	12,817,951	48,755,631	96,270,159	91,972,123	-32,390,548	-40,873,588	4,745,451	41,523,356	35,192,203	14,435,847
cash and cash equivalents, beginning of year
cash and cash equivalents, end of year
supplemental cash flow data
non-cash investing and financing activities:
change in property and equipment in accounts payable and accrued expenses and other current liabilities
impairment charge		8,376,148	6,182,000
net decrease in cash, cash equivalents, and restricted cash		-51,929,343
cash, cash equivalents, and restricted cash, beginning of period		233,318,766		233,318,766	226,435,019	226,435,019	226,435,019	218,754,638	218,754,638	218,754,638
cash, cash equivalents, and restricted cash, end of period		181,389,423		286,558,598	179,639,743	260,241,951	249,004,534	260,633,625	237,665,601	219,452,160
reconciliation of cash, cash equivalents and restricted cash to the unaudited condensed consolidated balance sheets:
cash and cash equivalents		178,589,422
restricted cash included in prepaid expenses and other		2,800,001
deferred tax expense			-5,593,627	-927,401	-9,970,207	-11,232,239
net income				94,874,045	316,820,194	194,271,153	108,230,714	311,459,076	206,733,664	97,578,261	232,589,023	159,933,028	87,528,626	276,617,836	199,957,288	113,450,870	204,224,370	87,131,768	89,505,801	325,136,888	213,239,036	104,280,411	331,608,542	220,272,725	111,248,743	276,323,023	186,092,688	97,556,741	258,829,882	166,765,236	80,279,994	230,074,303	151,741,878	77,183,441	217,629,700	145,292,817	68,566,071	153,048,925	97,527,964	45,430,567	128,988,206	87,111,123	46,344,584	124,202,115	80,805,051	42,332,882	100,810,704	66,519,460	32,462,130	34,589,230	10,652,376	-1,556,931
(gain) on disposal of assets				-24,367	-1,279,049	-1,261,727	-25,671	-271,510	-214,593	-106,743	-56,257	-45,214	-33,982	-459,528	-19,891	-2,391	-281,542	-155,229	-151,910	-148,376	-95,658	-43,338
(gain) on sale of investments and technology investment income				-787,579	-4,736,312	-4,708,185	-4,687,471
impairment charges
cash, cash equivalents, and restricted cash, beginning of year
cash, cash equivalents, and restricted cash, end of year
change in deferred income taxes							-3,638,218	-11,870,944	-5,122,661	141,959	4,785,787	5,044,744		-20,269,706	-3,546,862	-1,544,501	-9,559,993	-2,176,462	-1,589,855	2,189,818
(gain) on sale of investments and equity method investment income								-2,747,586	-2,747,586	-1,199,707
net cash (used for) from investing activities
proceeds from borrowings on credit agreement																	75,000,000	75,000,000	75,000,000																			275,000,000
repayment of borrowings on credit agreement																	-50,000,000
(gain) on sale of investments											-391,378	-391,378	-367,879	-969,971	-969,971	-486,433	-1,504,757	-1,023,683	-42,461	-593,351	-218,981	-88,576
loss on sale of investments											1,248,450	989,196	704,214	192,346	192,346	41,681	143,370	72,871	5,487				532,494	529,484	529,484	113,091	37,718	21,431	3,512,544	2,144,668	1,961,673	1,828,617	307,110	300,593	1,081,164	647,520	25,808	805,805	714,756	-2,822,207	-7,578,955	-4,235,900	-1,494,565	-7,390,376	-5,177,464	-2,371,430	-4,379,689	-3,463,538	-2,336,058	2,086,250	3,432,131	3,862,328
accrued liabilities, excluding dividends declared and short-term debt											11,002,238	16,354,262	15,702,241	1,195,477	4,117,051	24,233,539	49,749,418	6,068,104	15,755,950	14,797,251	14,353,360	20,436,582	6,408,044	7,309,915	23,125,002	13,999,423	16,667,667	27,385,768
net decrease in cash and cash equivalents											-39,377,947
cash flows (used for) financing activities:
net cash (used for) financing activities													-96,517,500	-370,324,138	-258,184,726	-117,670,032	-249,577,900	-146,390,619	-125,360,990	-281,758,883	-182,121,716	-114,278,821									-75,114,335	-163,255,650	-85,612,543	-40,339,061
gain on sale of investments																							-1,508,411	-1,245,359	-1,245,075	-1,028,505	-876,496	-274,844	-3,170,455	-1,657,211	-1,498,949	-8,390,451	-4,835,125	-2,912,864	-14,964,192	-12,213,259	-5,049,229	-15,121,583	-8,567,087
cash flows (used for) from investing activities:
cash flows (used for) investing activities:
net cash (used for) investing activities																-40,609,254	24,711,570	3,428,297	-43,716,174	-59,055,610	-48,037,964											-52,807,537	-33,808,429	-15,130,941
repayment of long-term debt																											-68,750,000	-41,875,000	-30,625,000	-18,750,000	-16,875,000	-30,625,000	-3,750,000	-1,875,000	-5,625,000	-3,750,000	-1,875,000
repayment of debt																							-78,000,000	-54,875,000	-28,000,000	-78,125,000
cash flows from investing activities:
excess tax benefits from stock based compensation
excess tax benefits from stock-based compensation																													-3,391,853	-1,658,828	-427,364	-2,411,583	-1,629,160	-1,073,744	-2,615,892	-1,403,740	-702,580	-2,275,233	-1,495,850	-341,225	-641,072	-586,535	-318,115	-3,361,960	-2,599,659	-1,246,101	-585,954	-497,436	-276,341
cash flows from financing activities:
deferred financing costs
(increase) in other assets																																-1,931,566	-1,084,292	-1,150,642	-1,213,792
financing costs paid																																						-953,800
net cash from (provided by) financing activities
decrease in investments																																									38,774,729	14,340,148	5,839,795	31,358,531	53,504,964	38,010,307	-78,123,603	-78,992,662	-46,187,875	18,952,520	27,289,103	20,012,435
impairment loss on available-for-sale securities																																																		1,290,590	1,290,590	1,290,590
cash and cash equivalents,
beginning of year
end of year
stock based compensation expense related to employee stock options,employee stock purchases and restricted stock
adjustments to reconcile net income to net cash from operating activities-

Gentex Corporation(NASDAQ:GNTX)

Gentex Corporation
(NASDAQ:GNTX)