GENTEX CORP

Gentex Corporation and Hörmann announced a strategic agreement to integrate Hörmann’s connected garage door opener technology into Gentex’s HomeLink system. This partnership will enable Gentex customers across Europe to control compatible Hörmann garage door systems via the HomeLink app or directly from a connected vehicle. The collaboration aims to expand connected vehicle-to-home experiences, offering seamless in-vehicle control and enhanced remote access capabilities for Hörmann customers through the HomeLink ecosystem. This strengthens HomeLink's position as a comprehensive car-to-home automation system globally.

Gentex Corporation reported increased net sales and net income for the first quarter of 2026. Net sales grew to $675.4 million, and net income attributable to Gentex Corporation reached $98.4 million, resulting in basic EPS of $0.46. However, the company recognized significant impairment charges totaling $5.5 million related to Vaporsens In-Process R&D and a technology investment, and net cash provided by operating activities decreased compared to the prior year.

Gentex Corporation announced its financial results for the first quarter ended March 31, 2026. The company reported consolidated net sales of $675.4 million, with core Gentex sales (excluding VOXX) at $586.8 million. The consolidated gross margin for the quarter was 33.8%, and net income attributable to Gentex reached $98.5 million.