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Gentex: What The VOXX Acquisition Really Means And How It Could Unlock Massive Profit Expansion!

Gentex Corporation reported a mixed set of financial results for the fourth quarter and full year 2025, reflecting a challenging macroeconomic environment balanced against operational improvements and strategic initiatives. Consolidated net sales in Q4 2025 increased 19% year-over-year to $644.4 million, largely driven by the inclusion of VOXX acquisition revenue totaling $103.4 million. Core Gentex revenue was essentially flat at $541 million despite a 2% decline in light vehicle production, indicating a 5-point outperformance in primary markets. However, sales into China declined 33% due to tariff pressures, and total core Gentex sales for 2025 decreased 2% compared to the previous year, primarily from reduced exports to China. Gross margin showed notable improvement, rising to 34.8% consolidated and 35.5% for core Gentex in Q4 2025, meeting the targeted 35%-36% range for the first time since 2021.