What is Gentex's impairment charges?

Gentex (GNTX) reported impairment charges of $2.8M in Q1 2026.

What does impairment charges mean?

Write-downs of long-lived assets (excluding goodwill) when their carrying value exceeds fair value, including property, equipment, right-of-use assets, and other tangible assets.

Gentex GNTX Impairment Charges

Impairment Charges at other companies

CleanSparkCLSK

$0—

Gates Industrial CorporationGTES

$0-100%

Avis Budget GroupCAR

$129.5M-79.0%

TDS

Telephone and Data SystemsTDS

$47.68M-65.0%

GHC

Graham HoldingsGHC

$19.03M—

Skyline ChampionSKY

$0—

Other financials

Income statement

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Revenue$675.4M+17.1%

Gross profit$228.6M+19.2%

Operating income$123.7M+9.4%

Net income$98.5M+3.8%

EPS (diluted)$0.46+9.5%

Balance sheet

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Cash & equivalents$164.8M-42.5%

Total debt$10.8M+123%

Total equity$2.5B+1.1%

Total assets$3.0B+7.7%

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$5.53B-11.1%

Enterprise value$5.37B-9.2%

P/E14.2×-1.7×

P/S2.1×-0.6×

Profitability

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Gross margin34.3%+1.2pp

Operating margin18.4%-0.9pp

Net margin14.8%-2.3pp

FCF margin17.7%+1.7pp

Returns & leverage

See full

Return on equity15.6%-0.5pp

Debt / equity0×0.0×

Current ratio2.7×-1.4×

Where this comes from

Reported directly by Gentex in its filing.

Tagged under the XBRL concept us-gaap:AssetImpairmentCharges.

The official record: Gentex’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Gentex's impairment charges?: Gentex (GNTX) reported impairment charges of $2.8M in Q1 2026.
What does impairment charges mean?: Write-downs of long-lived assets (excluding goodwill) when their carrying value exceeds fair value, including property, equipment, right-of-use assets, and other tangible assets.