Description

Gentex Corporation Powers Ahead With In-Cabin Tech—Can It Outpace ADAS Giants?

Gentex Corporation’s third-quarter 2025 financial results present a mixed picture with several positive elements, tempered by notable challenges. The company reported consolidated net sales of $655.2 million, which marks an 8% increase from the prior year, driven primarily by the contributions from the recent acquisition of VOXX, which added $84.9 million in revenue. However, core Gentex revenue decreased by 6% compared to the same quarter last year. This decline occurred despite a 2% increase in light vehicle production in Gentex’s main markets, suggesting other factors at play, such as specific regional performance issues. Regionally, Gentex experienced a 5% revenue increase in North America, buoyed by robust OEM production schedules, but faced significant downturns in Europe and China. European revenue dropped by 14%, impacted by production challenges and a shift in vehicle mix to lower trim levels that do not typically feature Gentex’s products.

Our Report Structure:

⦁ Company Overview
⦁ Investment Thesis
⦁ Key Drivers
⦁ Historical Quarterly Statement Analysis – Income Statement & Cash Flows
⦁ Historical Quarterly Balance Sheet Analysis
⦁ Historical Annual Financial Statement Analysis
⦁ Analysis Of Key Financial Ratios
⦁ Financial Forecasts For 3 Years
⦁ Forecasting The Capital Structure & Net Debt
⦁ Discounted Cash Flow Valuation
⦁ Trading Multiples
⦁ Key Risks
⦁ Disclosures

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