Company / R&D Expense
Gentex R&D Expense History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest R&D Expense
$203.3M
FY2025
5-year range
$115.9M / $203.3M
FY2021-FY2025
Trend
+12.0%
vs FY2024
Sector context
#24 of 54
Consumer Discretionary
What the data says
At $203M, Gentex's r&d expense ranks #24 of 54 in the Consumer Discretionary sector. R&D Expense has increased for 3 consecutive years, from $116M in FY2022 to $203M in FY2025.
Based on SEC 10-K filings.
$203M in FY2025 with a 5-year CAGR of +13.7%.
Improved from $154M to $203M over the past 2 years.
Consumer Discretionary sector context is included.
R&D Expense over time
Growth rates
- 3-Year CAGR
- +20.6%
- 5-Year CAGR
- +13.7%
- 10-Year CAGR
- -
Sector benchmark
#24 of 54 in Consumer DiscretionaryTop 44% of 54This company $203.3M Sector average $618.8M
▼
-67.2% below sector average
Key checks
Key Insights
- Gentex's r&d expense has grown for 3 consecutive years.
- 5-year CAGR of +13.7%, indicating consistent growth.
- In FY2025, r&d expense increased 12.0% year-over-year.
- Ranks #24 out of 54 companies in the Consumer Discretionary sector.
Company context
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.
Annual data
| Year | R&D ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $203.3M | +12.0% |
| FY2024 | $181.5M | +17.6% |
| FY2023 | $154.4M | +33.1% |
| FY2022 | $115.9M | -1.6% |
| FY2021 | $117.8M | +9.9% |
| FY2020 | $107.1M | +7.4% |
| FY2019 | $99.7M | -6.9% |
| FY2018 | $107.1M | +7.4% |
| FY2017 | $99.7M | +5.8% |
| FY2016 | $94.2M | +23.2% |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026