Gentex Income Statement
GNTX / Consumer Discretionary|15 years of annual SEC 10-K data (FY2011-FY2025)
Line items include revenue, cost of goods sold, gross profit, operating expenses, interest, taxes, and net income with per-share data across 15 fiscal years. All figures from audited SEC 10-K filings.
Gentex reported $2.5B in revenue and $385M in net income for FY2025. Revenue has grown at a 6.7% compound annual rate over the past 14 years.
Based on SEC 10-K filings.
Key Data Points
- Altman Z-Score 4.34 (safe zone, above 2.9 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
| Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.5B | $2.3B | $2.3B | $1.9B | $1.7B | $1.7B | $1.9B | $1.8B | $1.8B | $1.7B | $1.5B | $1.1B | $1.2B | $1.1B | $1.0B |
| Cost of Revenue | $1.7B | $1.5B | $1.5B | $1.3B | $1.1B | $1.1B | $1.2B | $1.1B | $1.1B | $1.0B | $939.8M | $726.7M | $741.1M | $726.7M | $662.2M |
| Gross Profit | $866.7M | $771.1M | $762.6M | $609.8M | $619.7M | $605.4M | $688.3M | $690.5M | $694.5M | $668.5M | $603.8M | $372.8M | $430.7M | $372.8M | $361.6M |
| SG&A Expense | $177.9M | $121.0M | $112.5M | $106.5M | $92.2M | $90.0M | $85.1M | $75.2M | $71.4M | $62.5M | $56.6M | $48.4M | $49.5M | $48.4M | $48.6M |
| R&D Expense | $203.3M | $181.5M | $154.4M | $133.3M | $117.8M | $115.9M | $114.7M | $107.1M | $99.7M | $94.2M | $88.4M | $85.0M | $76.5M | $85.0M | $81.6M |
| Operating Income | $473.9M | $459.7M | $495.7M | $370.0M | $409.8M | $399.6M | $488.5M | $508.1M | $523.4M | $511.7M | $458.8M | $234.5M | $304.7M | $234.5M | $231.4M |
| Interest Expense | - | - | - | - | - | - | - | $800.0K | $3.0M | - | - | - | - | - | - |
| Income Tax | $76.4M | $67.7M | $76.6M | $51.0M | $55.6M | $64.2M | $75.7M | $84.2M | $125.0M | $163.0M | $145.1M | $81.0M | $105.1M | $81.0M | $79.8M |
| Net Income | $384.8M | $404.5M | $428.4M | $318.8M | $360.8M | $347.6M | $424.7M | $437.9M | $406.8M | $347.6M | $318.5M | $168.6M | $222.9M | $168.6M | $164.7M |
| EPS (Basic) | $1.84 | $1.36 | $1.84 | $1.36 | $1.51 | $1.41 | $1.67 | $1.64 | $1.09 | $1.21 | $1.09 | $0.59 | $0.78 | $0.99 | $1.16 |
| EPS (Diluted) | $1.84 | $1.36 | $1.84 | $1.36 | $1.50 | $1.41 | $1.66 | $1.62 | $1.08 | $1.19 | $1.08 | $0.59 | $0.77 | $0.98 | $1.14 |
| Shares Outstanding | 227.2M | 231.5M | 231.5M | 234.2M | 236.4M | 243.7M | 251.3M | 269.9M | 287.7M | 287.7M | 291.3M | 291.2M | 145.6M | 144.1M | 144.1M |
| Gross Margin | 34.2% | 33.3% | 33.2% | 31.8% | 35.8% | 35.9% | 37.0% | 37.6% | 38.7% | 39.8% | 39.1% | 33.9% | 36.8% | 33.9% | 35.3% |
| Operating Margin | 18.7% | 19.9% | 21.6% | 19.3% | 23.7% | 23.7% | 26.3% | 27.7% | 29.2% | 30.5% | 29.7% | 21.3% | 26.0% | 21.3% | 22.6% |
| Profit Margin | 15.2% | 17.5% | 18.6% | 16.6% | 20.8% | 20.6% | 22.9% | 23.9% | 22.7% | 20.7% | 20.6% | 15.3% | 19.0% | 15.3% | 16.1% |