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Gentex GNTX Premium Audio Products — Goodwill
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Where this comes from
Reported directly by Gentex in its filing.
Tagged under the XBRL concept us-gaap:Goodwill.
The source filing: Gentex’s 10-Q, filed May 6, 2026.
- Filed
- May 6, 2026, 11:54 AM EDT
- Fiscal quarter
- Q1 FY2026
- Calendar quarter
- Q1 2026
- Accession
- 0000355811-26-000026
| Automotive Products | Amount | Amount |
|---|---|---|
| Premium Audio Products | ||
| Beginning balance as of January 1, 2026 | $ | $12,713,758 |
| Acquisitions (including measurement period adjustments) (see Note 16) | 3,765,220 | |
| Balance as of March 31, 2026 (1) | $ | $16,478,978 |
| Other | ||
| Beginning balance as of January 1, 2026 | $ | $34,788,639 |
| Foreign currency adjustment | (52,832) | |
| Balance as of March 31, 2026 | $ | $34,735,807 |
Item 1. Unaudited Condensed Consolidated Financial Statements.
FAQ
- What is Gentex's premium audio products — goodwill?
- Gentex (GNTX) reported premium audio products — goodwill of $16.48M in Q1 2026.
- What does premium audio products — goodwill mean?
- Represents the intangible asset value recorded when the cost of acquiring a premium audio business exceeds the fair value of its identifiable net assets. This metric reflects the premium paid for brand reputation, customer relationships, and proprietary audio technology within the segment. It is a key indicator of the long-term strategic value attributed to the company's expansion into the audio market.
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