The revenue miss, driven by weaker auto production and China tariffs, offsets the EPS beat from margin expansion and tariff reimbursements. Monitor upcoming auto production forecasts and tariff developments for Q3 guidance; the raised gross margin band suggests operational efficiency, but top-line headwinds persist. Watch for Q3 2026 earnings for any revision to revenue guidance.
Price Chart
Executive Summary
Gentex reported Q2 2026 GAAP EPS of $0.54 (non-GAAP $0.58) vs consensus $0.50, a 16% beat on the Street-adjusted metric, while revenue of $651.3M missed the $669.6M estimate by 2.7%, reflecting a 1% YoY decline driven by weak global auto production. Gross margin expanded 280 bps YoY to 37.0%, aided by $18M in IEEPA tariff reimbursements, but the revenue miss tempers the headline beat. Full-year revenue guidance was maintained at $2.65-2.75B, while gross margin guidance was raised to 34.5-35.5%.
Key Financial Metrics
Key Facts
- GAAP EPS $0.54 vs consensus $0.50; non-GAAP adjusted EPS $0.58 (16% beat vs Street consensus of $0.50)
- Revenue $651.3M missed consensus $669.6M (-2.7%); declined 1% YoY from $657.9M
- Gross margin 37.0%, up 280 bps YoY from 34.2%; core gross margin benefited from $18M in IEEPA tariff reimbursements
- Automotive revenue fell 3% YoY to $560.1M; Premium Audio grew 16% to $51.7M; Other Products grew 12% to $39.4M
- Full-year revenue guidance maintained at $2.65-2.75B; gross margin guidance raised to 34.5-35.5% from 34-35%
- Repurchased 2.7M shares for $66.0M during Q2; YTD repurchases 5.9M shares for $137.6M
- Global light vehicle production expected to decline ~3% in 2026 per Mobility Global forecast
Financial Impact
EPS beat of $0.08 (16%) on adjusted basis, but revenue miss of $18.3M (2.7%) vs consensus
Risk Factors
- Continued global light vehicle production decline (forecast -3% in 2026)
- China tariff impacts and China revenue down ~20% QoQ
- Commodity and precious metals cost pressures
- Potential IEEPA tariff refund uncertainty
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 6 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0000355811-26-000044 |
| Document: gntx-20260724.htm | 0000355811-26-000044 |
| Document: 0000355811-26-000044-index-headers.html | 0000355811-26-000044 |
| Document: 0000355811-26-000044-index.html | 0000355811-26-000044 |
| Document: 0000355811-26-000044.txt | 0000355811-26-000044 |
| 8-K Data (Synthetic) | 0000355811-26-000044 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Jul 24, 2026 10w ago | 8-K | $22.90 $23.64 | ▲ +3.23% | ▼ −0.39% | $22.08 (−3.58%) |
Jul 24, 2026 10w ago | Press Release | $22.90 $23.64 | ▲ +3.23% | ▼ −0.39% | $22.08 (−3.58%) |
Jun 30, 2026 13w ago | Press Release | $25.27 $22.92 | ▲ +9.30% | ▲ +8.27% | $22.08 (+12.62%) |
May 15, 2026 20w ago | Insider Cluster | $22.68 $25.73 | ▲ +13.45% | ▲ +11.87% | $22.08 (−2.65%) |
May 15, 2026 20w ago | Insider Cluster | $22.68 $25.73 | ▲ +13.45% | ▲ +11.87% | $22.08 (−2.65%) |
May 15, 2026 20w ago | Insider Cluster | $22.68 $25.73 | ▲ +13.45% | ▲ +11.87% | $22.08 (−2.65%) |
May 15, 2026 20w ago | Insider Cluster | $22.68 $25.73 | ▲ +13.45% | ▲ +11.87% | $22.08 (−2.65%) |
May 15, 2026 20w ago | Insider Cluster | $22.68 $25.73 | ▲ +13.45% | ▲ +11.87% | $22.08 (−2.65%) |
Apr 30, 2026 22w ago | Insider Cluster | $23.11 $24.08 | ▲ +4.20% | ▼ −0.77% | $22.08 (−4.46%) |
Apr 24, 2026 23w ago | 8-K | $23.88 $23.40 | ▼ −2.01% | ▼ −6.04% | $22.08 (−7.54%) |
US Market Status
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