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Gentex GNTX Automotive Products — Goodwill, Impairment Loss

Other segment segments

Other
$0-100%
Premium Audio Products
$0

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Other financials

Income statement

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Revenue$651.3M-1.0%
Gross profit$241.0M+7.0%
Operating income$141.3M+19.3%
Net income$114.7M+19.4%
EPS (diluted)$0.54+25.6%

Balance sheet

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Cash & equivalents$233.4M+94.9%
Total debt$10.8M+123%
Total equity$2.5B+4.4%
Total assets$3.0B+7.2%

Cash flow

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Operating cash flow$137.1M-7.7%
CapEx$17.0M-53.6%
Free cash flow$120.0M+7.4%

Valuation

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Market cap$4.96B-17.1%
P/E12.2×-2.7×
P/S1.9×-0.6×

Profitability

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Gross margin35%+1.6pp
Operating margin19.3%+0.6pp
Net margin15.5%-1.3pp
FCF margin17.7%+1.7pp

Returns & leverage

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Return on equity16.4%-0.2pp
Debt / equity0.0×
Current ratio-0.2×

Where this comes from

Reported directly by Gentex in its filing.

Tagged under the XBRL concept us-gaap:GoodwillImpairmentLoss.

The source filing: Gentex’s 10-K, filed February 24, 2026.

Filed
Feb 24, 2026, 3:18 PM EST
Fiscal year
FY2025
Accession
0000355811-26-000010
Line itemDecember 31, 2025December 31, 2024
Automotive Products
Beginning of the period$309,709,522$309,709,522
Acquisitions (including measurement period adjustments)
Impairments
End of the period (1)$309,709,522$309,709,522
Premium Audio Products
Beginning of the period
Acquisitions (including measurement period adjustments) (see Note 11)12,713,758

Item 16. Form 10-K Summary.

FAQ

What is Gentex's automotive products — goodwill, impairment loss?
Gentex (GNTX) reported automotive products — goodwill, impairment loss of $0 in Q4 2025.
What does automotive products — goodwill, impairment loss mean?
A non-cash charge recognized when the carrying value of goodwill associated with the automotive segment exceeds its implied fair value. This serves as a critical indicator that the segment's long-term economic prospects have declined or that previous acquisition premiums were overvalued.

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