Gentex second quarter 2026 EPS of $0.54 beats estimates on strong margin expansion, offsetting a 1% revenue decline.

Gentex reported second quarter 2026 net sales of $651.3 million, a 1% decrease year-over-year and below the $669.6 million estimate. However, GAAP EPS of $0.54 increased 26% from the prior year and surpassed analyst expectations of $0.50.

Key Highlights

• Gross margin expanded significantly to 37.0%, an increase of 280 basis points year-over-year, boosted by an $18 million IEEPA tariff reimbursement that reduced cost of goods sold.
• Automotive net sales declined 3% to $560.1 million, impacted by weakness in international markets, including a reported 20% quarter-over-quarter revenue decline in China.
• Growth in non-automotive segments helped offset automotive softness, with Premium Audio revenue up 16% and the Other Products category up 12% year-over-year. Non-automotive sales now comprise 14% of total revenue.
• The company raised its full-year 2026 gross margin guidance to 34.5% - 35.5% from 34% - 35% previously, while reaffirming its annual revenue forecast.