Filing Flows › Gentex (GNTX) › Q1 2026
Gentex (GNTX) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 6, 2026
Gentex (GNTX) reported revenue of $675M for the first quarter 2026 (Q1 2026), +17% from a year earlier and +5% from the quarter before. Operating margin was 18.3%, net earnings $98.4M (14.6% of revenue).
Gentex, Q1 2026: revenue $675M (+17% year over year), operating margin 18.3%, net earnings $98.4M, operating cash flow $137M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $675M | +5% | +17% |
| Gross profit | $229M | +2% | +19% |
| Operating profit | $124M | +3% | +9% |
| Net earnings | $98.4M | +6% | +4% |
| Operating cash flow | $137M | +9% | -8% |
| Free cash flow | $120M | +20% | +7% |
What changed
Revenue was $675.4M in Q1 2026, up 17% year over year and up 5% from the previous quarter. Automotive Mirrors & Electronics was the largest line at 82% of revenue. Automotive Mirrors & Electronics added $22.6M year over year (up 4%), 23% of the total change. HomeLink Modules declined 17%.
Gross margin was 33.8%, up 0.6 points from Q1 2025. Operating profit was $123.7M, a 18.3% margin (down 1.3 points year over year). Of the extra revenue versus Q1 2025, 11% reached operating profit, below the 20% margin then. Operating expenses grew 33% against revenue growth of 17%. The fastest-growing cost line was SG&A (+66%). Net earnings were $98.5M, up 4% year over year. The effective tax rate was 16.6%.
Operating cash flow was $137.1M (down 8% year over year), 139% of net earnings. Non-cash charges added back $25.7M of depreciation and amortization and $10.4M of share-based compensation. Capital expenditures of $17.0M left free cash flow of $120.0M.
Questions
What was Gentex's revenue in the first quarter 2026?
Gentex (GNTX) reported revenue of $675M for the first quarter 2026 (Q1 2026), +17% from a year earlier and +5% from the quarter before.
Was Gentex profitable in the first quarter 2026?
Operating profit was $124M (18.3% of revenue) and net earnings $98.4M.
Source: Gentex 10-Q on SEC EDGAR.