Gentex maintains 2027 revenue outlook at $2.8 billion to $2.9 billion
GNTX•Gentex lowered its 2026 revenue outlook to approximately $2.65 billion and expects gross margin of 34%-34.5%. It maintained its 2027 revenue outlook of $2.8 billion-$2.9 billion, with preliminary gross margin of 33%-34%.
1. Outlook and costs
Gentex lowered its 2026 revenue outlook to approximately $2.65 billion, with gross margin now expected at 34%-34.5%. Third-quarter revenue missed its initial forecast by approximately $35 million because of customer issues and delayed launches. The company expects $10 million-$15 million in incremental fourth-quarter costs to pressure margins, with related recoveries not expected until the first half of 2027.
2. 2027 outlook
Gentex maintained its 2027 revenue outlook of $2.8 billion-$2.9 billion, implying 6%-9% growth despite a projected 1% production decline in its primary automotive markets. Management's preliminary gross margin estimate for 2027 is 33%-34%, reflecting electronics supply constraints and higher component costs.
