Gentex reported consolidated net sales of $644.4 million for Q4 2025, a 19% increase versus the prior year’s $541.6 million. Excluding VOXX, core Gentex revenue held steady at $541.0 million, outperforming a 2% decline in light-vehicle production across its primary markets by approximately five percentage points. Consolidated gross margin widened to 34.8%, driven by favorable product mix, operational efficiencies and purchasing cost reductions; core Gentex gross margin rose 300 basis points year-over-year to 35.5%, marking the highest quarterly level since early 2021 despite a 150 basis-point headwind from tariffs.

Income from operations reached $120.1 million in the quarter, up from $89.8 million in Q4 2024, with core Gentex operating income increasing 25.3% to $112.5 million. Net income attributable to Gentex was $93.0 million, compared to $87.7 million a year earlier. The company delivered diluted earnings per share of $0.43, matching consensus estimates and up from $0.39 in Q4 2024. The effective tax rate rose to 16.3% from 10.3% a year ago, reflecting reduced benefits from stock-based compensation and the Foreign-Derived Intangible Income deduction.

For the full year, consolidated net sales grew 10% to $2.53 billion, with core Gentex sales of $2.27 billion down 2% due to China tariff impacts but still outperforming local production declines in North America, Europe and Japan/Korea. Full-year gross margin expanded 90 basis points to 34.2%, while core gross margin improved 140 basis points to 34.7%. Consolidated net income was $384.8 million, producing $1.74 in diluted EPS, slightly below the prior year’s $1.76. The company returned $425.9 million to shareholders—a 35% increase—through $319.0 million in share repurchases (13.6 million shares) and $106.9 million in dividends.