GNTX

ZEELAND, Mich., May 29, 2026 (GLOBE NEWSWIRE) -- Gentex Corporation (NASDAQ: GNTX), the Zeeland, Michigan-based supplier of digital vision, connected car, dimmable glass, fire protection technologies, medical devices, and consumer electronics, today announced that its Board of Directors recently declared a quarterly cash dividend of $0.12 (12 cents) per share that will be payable July 22, 2026, to shareholders of record of the common stock at the close of business on July 8, 2026. About the CompanyFounded in 1974, Gentex Corporation (The NASDAQ Global Select Market: GNTX) is a leading supplier of digital vision, connected car, dimmable glass, fire protection technologies, medical devices, and consumer electronics. Visit the Company’s websites at www.gentex.com, fulldisplaymirror.com, and ir.gentex.com. Contact InformationGentex Investor Relations616-931-3505 This press release was published by a CLEAR® Verified individual.

Copart, Inc. CPRT delivered third-quarter fiscal 2026 earnings of 43 cents per share, which rose 2.4% year over year and beat the Zacks Consensus Estimate of 41 cents by 4.9%. Quarterly revenues rose 2.1% year over year to $1.24 billion and topped the Zacks Consensus Estimate of $1.21 billion by 2.4%.The quarter reflected resilient pricing amid softer volumes. Average selling prices (ASPs) increased 4.6% while unit volumes declined 2.4%, helping lift revenues despite pressure in global insurance units, which fell 2.7%. Copart, Inc. price-consensus-eps-surprise-chart | Copart, Inc. Quote Service revenues remained the primary engine, rising 2.1% year over year to $1.06 billion. Vehicle sales advanced 2.3% to $181 million, adding a modest but helpful tailwind to consolidated growth.The continued expansion in average selling prices across channels more than offset lower volumes. The company reported low-single-digit growth in global assignment volumes, even as global inventory declined by 2% from the prior year. Gross profit increased 3.7% to $572.6 million, and gross margin expanded 71 basis points to 46.3%. Cost of vehicle sales declined 5.6% to $160.3 million, helping offset higher facility operations expenses, which rose 2.5% to $450.3 million.Operating leverage was mixed below the gross line. General and administrative expenses increased 7.2% to $93.7 million, and total operating expenses rose 1.7% to $772.8 million. Even with that uptick, operating income grew 2.8% to $464.3 million, reflecting the benefit of stronger gross profit and continued operating discipline. The United States segment posted total revenues of $1 billion, down 0.4% year over year, as higher revenue per unit was offset by lower volumes. The U.S. insurance volumes decreased 4.2%, consistent with softer claims activity tied to consumer insurance affordability dynamics.Beyond insurance, the company noted encouraging momentum across parts of its diversified seller base. Dealer Services and powersports units increased 1%, BluCar commercial consignment expanded more than 4%, and combined fleet and finance seller volume grew at a double-digit pace, partly offset by higher repair activity among rental customers. International revenues climbed 14.1% year over year to $234.2 million, supported by a 5.9% increase in total units sold and solid fee momentum. Service revenues in the international s...

Westport Fuel Systems Inc. WPRT reported a first-quarter 2026 loss of 33 cents per share, narrower than the Zacks Consensus Estimate of a loss of 44 cents. The loss widened from 14 cents in the year-ago quarter, reflecting a tougher consolidated revenue base after the prior-year period included activity that is no longer in continuing operations. Revenues in the quarter came in at $2.29 million, down 68.8% year over year, but above the Zacks Consensus Estimate of $1.9 million, delivering a 20.3% surprise. Operationally, Westport pointed to continued momentum in Cespira, its HPDI joint venture with Volvo Group, which lifted revenues 33% from a year ago. The company incurred an adjusted EBITDA loss of $4.86 million compared with a loss of $7,000 recorded in the year-ago period. Westport Fuel Systems Inc. price-consensus-eps-surprise-chart | Westport Fuel Systems Inc. Quote While the per-share result topped expectations, WPRT still posted a net loss from continuing operations of $5.7 million compared with a $5.3 million loss in the first quarter of 2025. The quarter also included a $1 million foreign exchange loss versus a gain in the year-ago period, which added pressure to bottom-line performance. Below operating income, the company recorded a $1.38 million loss from investments accounted for under the equity method, down from $3.88 million a year earlier. Interest and other income, net of bank charges, totaled $0.74 million, partially offsetting the quarter’s operating and equity-method losses. Cespira remained the key operational bright spot. The joint venture generated total revenues of $22.25 million, up 33% year over year, supported by stronger demand for LNG HPDI trucks and higher systems volumes. Product revenues climbed 48% to $19.49 million, showing that shipments, rather than milestone-based service work, drove the step-up. The mix shift showed up in profitability. Cespira’s gross profit rose to $1.58 million from $0.45 million a year ago, while gross margin improved to 7% from 3%. Net loss at Cespira narrowed to $2.52 million from $7.11 million, reflecting higher product volume and a cost base. On the consolidated reporting side, WPRT’s High-Pressure Controls segment posted revenues of $2.29 million, up 21% from $1.89 million in the first quarter of 2025. Westport attributed the increase primarily to higher service revenues tied to product testing...

Rivian Automotive RIVN posted a reported loss of 55 cents per share in the first quarter of 2026, narrower than the Zacks Consensus Estimate of a loss of 60 cents, delivering a positive earnings surprise of 7.7%. Quarterly revenues came in at $1.38 billion, topping the consensus mark of $1.37 billion by 1% and rising 11.4% year over year. Higher delivery volumes and strong software and services execution were key supports for the quarter. Rivian Automotive, Inc. price-consensus-eps-surprise-chart | Rivian Automotive, Inc. Quote RIVN delivered 10,365 vehicles in the quarter, representing a 20% increase from the year-ago period. Cumulative deliveries reached 175,565, underscoring the company’s expanding on-road fleet and broader customer base. Production totaled 10,236 units, down 30% year over year. Operationally, Rivian achieved a major milestone with the start of saleable R2 production at its Normal, IL, facility and has already begun delivering R2 vehicles to employees, with external customer deliveries expected in the coming weeks. Rivian’s automotive segment generated $908 million of revenues in the quarter, down from $922 million a year ago. The year-over-year decline was largely attributable to a $100 million decrease in sales of automotive regulatory credits, along with lower automotive revenue per unit delivered, tied to a higher mix of commercial vans. Profitability in the segment also moved in the wrong direction. Automotive gross profit was a loss of $62 million versus a $92 million profit in the first quarter of 2025, reflecting the reduced regulatory credit contribution and lower production volumes. Higher depreciation and stock-based compensation expenses within the segment were also contributing factors. Software and services continued to be a bright spot. Segment revenues rose to $473 million from $318 million in the year-ago quarter, driven by higher vehicle electrical architecture and software development services from RV Tech, alongside growth in vehicle repair and maintenance services and remarketing activities. The margin profile remained attractive. Software and services gross profit increased to $181 million from $114 million a year ago, supported by RV Tech-related services and higher contribution from service and remarketing. Segment gross margin was 38% for the quarter. Gross profit amounted to $119 million compared with $206 millio...

LKQ Corporation LKQ posted first-quarter 2026 adjusted earnings of 67 cents per share, matching the Zacks Consensus Estimate and declining 15.2% from the year-ago quarter. Quarterly revenues came in at $3.47 billion, beating the consensus mark of $3.42 billion by 1.46% and remaining flat year over year. Parts and Services organic revenues decreased 1.6% year over year. LKQ Corporation price-consensus-eps-surprise-chart | LKQ Corporation Quote LKQ’s North American segment generated $1,440 million of revenues in the first quarter, up from $1,412 million a year ago, as actions on pricing and mix helped offset softer underlying volumes. The repairable claims were down about 2% to 4% versus the prior year, a dynamic that weighed on demand in some product lines. Profitability in the segment also faced tariff and mix headwinds. North America's gross margin was 42.4% versus 44.4% a year ago, due to lower vendor rebates, an unfavorable customer mix, and cost inflation, partially offset by pricing initiatives and stronger other revenues. The segment’s EBITDA was $203 million, down from $217 million generated in the first quarter of 2025. LKQ’s European segment reported revenues of $1.62 billion compared with $1.52 billion in the year-ago period, with foreign exchange acting as a key contributor. Organic parts-and-services revenues declined 4% in Europe, reflecting near-term economic pressure and intensified competition in certain markets. Margins remained under pressure as pricing competitiveness and input costs flowed through. Europe's gross margin was 38.3% versus 38.8% a year ago, while SG&A rose to $500 million from $459 million. The segment’s EBITDA came in at $126 million, which was down from the year-ago level of $141 million. LKQ’s Specialty segment continued to post organic growth, with revenues rising to $409 million from $394 million in the prior-year quarter. Volume growth in marine and RV product lines was the key driver behind the 3.4% organic increase. Despite the higher revenues, profitability moved lower. Segment EBITDA declined to $18 million from $21 million a year ago, as SG&A increased to $84 million from $76 million. The company attributed the higher cost base primarily to a $6 million increase in credit loss reserves on non-trade receivables. LKQ had cash and cash equivalents of $335 million as of March 31, 2026, up from $319 million recorded as...

Get insights on thousands of stocks from the global community of over 7 million individual investors at Simply Wall St. Gentex (GNTX) moved into focus after raising its 2026 revenue outlook, updating 2027 guidance, and reporting first quarter results that topped expectations while continuing to repurchase shares. See our latest analysis for Gentex. The latest guidance upgrade and first quarter beat come after a 9.85% 1 month share price return and 11.75% 1 year total shareholder return. However, 3 and 5 year total shareholder returns remain negative, suggesting momentum has recently improved from a weaker longer term record. If Gentex’s update has you thinking about what else is moving in related areas, this could be a convenient moment to scan 33 power grid technology and infrastructure stocks With Gentex guiding 2026 revenue to US$2.65b to US$2.75b and 2027 to US$2.80b to US$2.90b, plus an indicated intrinsic discount of about 39%, investors now face a simple question: is there real value left here, or is the market already pricing in that growth? Gentex's most followed narrative pegs fair value at $28.38 versus the last close at $23.86, putting the focus squarely on whether that valuation gap is justified by the long term case. Read the complete narrative. For readers interested in the revenue trajectory, margin changes, and future earnings multiple implied by that fair value estimate, as well as the role of buybacks, the full narrative lays out those assumptions in detail. Result: Fair Value of $28.38 (UNDERVALUED) Have a read of the narrative in full and understand what's behind the forecasts. However, you also need to keep an eye on risks like decontenting in China and any setback integrating VOXX. These could quickly challenge this underpriced narrative. Find out about the key risks to this Gentex narrative. With sentiment clearly mixed, this is a good moment to look through the numbers yourself and decide how you feel about Gentex's balance of risks and rewards. To see that full picture in one place, take a close look at the 4 key rewards and 1 important warning sign If Gentex has your attention, do not stop here. Use this momentum to scan other opportunities now so you are not catching up later. Hunt for quality at a discount by checking companies that screen as high quality yet potentially underpriced through the 53 high quality undervalued stocks....

It's been a good week for Gentex Corporation (NASDAQ:GNTX) shareholders, because the company has just released its latest first-quarter results, and the shares gained 5.1% to US$23.88. It was a workmanlike result, with revenues of US$675m coming in 4.1% ahead of expectations, and statutory earnings per share of US$0.46, in line with analyst appraisals. This is an important time for investors, as they can track a company's performance in its report, look at what experts are forecasting for next year, and see if there has been any change to expectations for the business. With this in mind, we've gathered the latest statutory forecasts to see what the analysts are expecting for next year. AI is about to change healthcare. These 20 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10bn in marketcap - there is still time to get in early. Taking into account the latest results, the most recent consensus for Gentex from seven analysts is for revenues of US$2.69b in 2026. If met, it would imply a credible 2.1% increase on its revenue over the past 12 months. Statutory earnings per share are predicted to climb 11% to US$1.98. In the lead-up to this report, the analysts had been modelling revenues of US$2.66b and earnings per share (EPS) of US$2.00 in 2026. So it's pretty clear that, although the analysts have updated their estimates, there's been no major change in expectations for the business following the latest results. View our latest analysis for Gentex It will come as no surprise then, to learn that the consensus price target is largely unchanged at US$28.33. That's not the only conclusion we can draw from this data however, as some investors also like to consider the spread in estimates when evaluating analyst price targets. There are some variant perceptions on Gentex, with the most bullish analyst valuing it at US$42.00 and the most bearish at US$24.00 per share. Note the wide gap in analyst price targets? This implies to us that there is a fairly broad range of possible scenarios for the underlying business. Looking at the bigger picture now, one of the ways we can make sense of these forecasts is to see how they measure up against both past performance and industry growth estimates. We would highlight that Gentex's revenue growth is expected to slow, with the forecast 2.8% annualised growth rate...

Gentex reported Q1 consolidated net sales of $675.4M, up 17% year-over-year driven by the VOXX acquisition (contributing $88.6M), while core Gentex revenue rose 2% despite a >3% decline in global light vehicle production thanks to demand for advanced features like Full Display Mirror and cabin monitoring. Margins and profitability improved, with consolidated gross margin at 33.8% (core 34%) and nearly 200 basis points of operational gross-margin improvement year-over-year; Q1 net income was $98.5M (EPS $0.46, adjusted $0.48) and management said VOXX has achieved profitability with plans to ramp pre-tax margins from the mid‑20s/high‑20s toward a long‑term 40–50% target. Management raised 2026 revenue guidance to $2.65–$2.75B (and 2027 to $2.8–$2.9B), repurchased 3.3 million shares for $71.6M and will continue buybacks, and is assessing potential refunds after the Supreme Court’s invalidation of IEEPA tariffs (about $42M paid to date and ~$15M capitalized in inventory). Interested in Gentex Corporation? Here are five stocks we like better. Miso Robotics stock: Is an IPO coming soon? Gentex (NASDAQ:GNTX) reported first-quarter 2026 results that reflected higher consolidated sales following its VOXX acquisition, while management highlighted continued demand for advanced vehicle technologies amid a weaker global light vehicle production environment and ongoing tariff-related pressures. President and CEO Steve Downing said Gentex posted consolidated net sales of $675.4 million in the first quarter, up 17% from $576.8 million a year earlier, noting the prior-year period did not include VOXX. VOXX contributed $88.6 million of revenue during the quarter, while core Gentex revenue totaled $586.8 million, up 2% despite global light vehicle production declining more than 3% year over year. → Pipelines and Automation: 2 Energy Plays Built for Any Oil Price Analysts Recommend These Stocks To Cushion The Automotive Slump Downing attributed core growth to “strength in advanced features across several regions,” which helped offset lower light vehicle production and “ongoing unit volume headwinds.” In North America, revenue increased about 6% despite a 2% decline in light vehicle production, which Downing said was “driven primarily by continued growth in penetration of FDM shipments.” In Europe, Japan, and Korea, auto-dimming mirror unit shipments fell about 8%, but revenue i...

This article first appeared on GuruFocus. Consolidated Net Sales: $675.4 million, a 17% increase from $576.8 million in the first quarter of last year. Core Gentex Revenue: $586.8 million, a 2% increase despite a 3% decline in global light vehicle production. VOXX Revenue Contribution: $88.6 million during the quarter. Gross Margin: 33.8%, up from 33.2% in the first quarter of last year. Core Gentex Gross Margin: 34%, an 80 basis point increase year-over-year. Consolidated Operating Expenses: $105 million, up from $78.7 million last year. Consolidated Income from Operations: $123.7 million, compared to $113 million in the prior year period. Net Income: $98.5 million, up from $94.9 million in the first quarter of last year. Adjusted Net Income (Non-GAAP): $103.7 million, compared to $98 million last year. Earnings Per Diluted Share: $0.46, compared to $0.42 last year. Adjusted Earnings Per Share (Non-GAAP): $0.48, compared to $0.43 last year. Automotive Net Sales: $566.2 million, up from $563.9 million in the first quarter of '25. Other Product Lines Net Sales: $20.6 million, a nearly 60% increase from $12.9 million in the first quarter of '25. Cash and Cash Equivalents: $164.8 million at quarter end, up from $145.6 million at year-end. Preliminary Cash Flow from Operations: $137.1 million, compared to $148.5 million in the prior year period. Capital Expenditures: $17 million, compared to $36.7 million in the first quarter of last year. Warning! GuruFocus has detected 3 Warning Signs with GNTX. Is GNTX fairly valued? Test your thesis with our free DCF calculator. Release Date: April 24, 2026 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Gentex Corp (NASDAQ:GNTX) reported a 17% increase in consolidated net sales for the first quarter of 2026, reaching $675.4 million. Core Gentex revenue grew by 2% despite a decline in global light vehicle production, driven by strong performance in Advanced Features. The company's gross margin improved to 33.8% from 33.2% in the previous year, benefiting from operational efficiencies and favorable product mix. VOXX, a recent acquisition, contributed $88.6 million in revenue and exceeded initial sales forecasts, particularly in the Premium Audio segment. Gentex Corp (NASDAQ:GNTX) increased its revenue guidance for 2026, expecting consolidated revenue between $2.65 billion a...

Core revenue grew 2% despite a 3% decline in global light vehicle production, driven by high penetration of Advanced Features like Full Display Mirrors (FDM). Performance in Europe and Asia reflected a favorable product mix, including the launch of Cabin Monitoring Systems, which offset an 8% decline in unit shipments. China revenue fell 29% due to the ongoing impact of tariffs on exports, prompting a strategic shift toward localized production opportunities. The VOXX acquisition achieved profitability one year post-close, with revenue exceeding the beginning-of-quarter forecast by 9% due to strong Premium Audio sales. Gross margin expansion of 80 basis points in the core business was driven by operational efficiencies and product mix, despite headwinds from commodity prices and tariffs. Management is positioning the company as a strategic high-volume electronics supplier for OEMs seeking to mitigate geopolitical risks through U.S.-based manufacturing. Full-year 2026 revenue guidance was raised to $2.65 billion–$2.75 billion, assuming technology adoption will continue to offset a projected 2% decline in primary market production. The company expects to add 200,000 to 400,000 FDM units in 2026, with new Driver Monitoring shipments starting for two additional OEMs in mid-2026. Dimmable Visor production lines are currently being built to support a first program launch scheduled for the second half of 2027. Strategic expansion into 'Large Area Devices' is progressing, with internal equipment now operational and undergoing process tuning for future commercialization. Guidance for 2027 revenue was updated to $2.8 billion–$2.9 billion, factoring in growth across premium audio, aerospace, medical, fire protection, and consumer electronics segments. The company has not recognized potential refunds from the U.S. Supreme Court's invalidation of IEPA tariffs due to uncertainty regarding the recovery process. Approximately $15 million in tariff costs remain capitalized in inventory, with a cumulative $42 million paid directly since the inception of IEPA tariffs. Rising costs for precious metals (silver, gold, ruthenium) and memory components are creating inflationary headwinds for the remainder of the year. OEM 'de-contenting' on lower-end vehicle models poses a volume threat as customers look to save costs in a pressured market. Our analysts just identified a stock with...

Gentex Corporation GNTX reported first-quarter 2026 adjusted earnings of 48 cents per share, which beat the Zacks Consensus Estimate of 44 cents by 8.28%. The figure increased 11.6% from 43 cents a year ago. Net sales were $675 million, which topped the consensus mark of $647 million by 4.36%. Revenues rose 17.1% from $577 million in the year-ago quarter, aided by contributions from VOXX and a richer mix of advanced features. Gentex Corporation price-consensus-eps-surprise-chart | Gentex Corporation Quote In the first quarter of 2026, Gentex earned $586.8 million from its core business (excluding VOXX), while VOXX contributed $88.6 million. Strong demand for its advanced features across different regions helped offset the slowdown in global vehicle production. During the quarter, revenues in North America rose about 6% from last year, even though vehicle production in the region declined 2%. Growth was supported by higher shipments of Full Display Mirrors. In Europe, Japan and Korea, results improved due to a better product mix, supported by the ramp-up of an in-cabin monitoring system and continued demand for Full Display Mirrors. In China, revenues were approximately $28 million, down 29% from the previous quarter, primarily due to tariffs and counter-tariff impacts. In the first quarter of 2026, Gentex Automotive reported sales of $566.2 million, up slightly from $563.9 million in the year-ago quarter. Sales increased modestly despite lower vehicle production and reduced basic mirror shipments, supported by a favorable product mix and new technology launches. Total auto-dimming mirror shipments declined 6% year over year to 10.85 million units. North American mirror units were up 1% to 3.67 million, while international mirror units fell 9% to 7.18 million. In the Other category, net sales rose to $20.6 million from $12.9 million, driven by higher aircraft window sales and gains in fire protection and biometrics. VOXX contributed $88.6 million, and the acquired business has now become profitable as integration progresses. In the first quarter of 2026, total gross margin improved to 33.8% from 33.2% in the year-ago quarter, while core Gentex gross margin rose 80 basis points to 34%. The increase was mainly driven by better efficiency and a favorable product mix, partially offset by tariff costs and higher raw material prices. Operating expenses totaled $105...

For the quarter ended March 2026, Gentex (GNTX) reported revenue of $675.44 million, up 17.1% over the same period last year. EPS came in at $0.48, compared to $0.43 in the year-ago quarter. The reported revenue compares to the Zacks Consensus Estimate of $647.23 million, representing a surprise of +4.36%. The company delivered an EPS surprise of +8.28%, with the consensus EPS estimate being $0.44. While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance. As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately. Here is how Gentex performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: Auto-Dimming Mirror Shipments - Total Interior Mirrors: 6.78 million versus the two-analyst average estimate of 7.1 million. Auto-Dimming Mirror Shipments - Total Exterior Mirrors: 4.07 million versus the two-analyst average estimate of 4.07 million. Auto-Dimming Mirror Shipments - Total Auto-Dimming Mirror Units: 10.85 million versus the two-analyst average estimate of 11.17 million. Auto-Dimming Mirror Shipments - Total North American Mirror Units: 3.67 million versus the two-analyst average estimate of 3.62 million. Auto-Dimming Mirror Shipments - International Exterior Mirrors: 2.67 million compared to the 2.63 million average estimate based on two analysts. Auto-Dimming Mirror Shipments - North American Exterior Mirrors: 1.4 million versus the two-analyst average estimate of 1.44 million. Auto-Dimming Mirror Shipments - Total International Mirror Units: 7.18 million versus 7.55 million estimated by two analysts on average. Auto-Dimming Mirror Shipments - International Interior Mirrors: 4.51 million compared to the 4.92 million average estimate based on two analysts. Auto-Dimming Mirror Shipments - North American Interior Mirrors: 2.27 million versus the two-analyst average estimate of 2.19 million. Revenue- Automotive Products: $566.2 million versus the two-analyst average estimate of $562.32 million. The reported number represents a year-over-year c...