What is Gentex's R&D?

Gentex (GNTX) reported R&D of $51.65M in Q1 2026.

How has Gentex's R&D changed year-over-year?

Gentex's R&D increased by 12.5% year-over-year, from $45.92M to $51.65M.

What is the long-term trend for Gentex's R&D?

Over 4 years (2021 to 2025), Gentex's R&D has grown at a 14.6% compound annual growth rate (CAGR), from $117.76M to $203.26M.

Costs of research activities to discover new knowledge and development activities to translate research into new or improved products, services, processes, or technologies.

Gentex GNTX R&D

R&D at other companies

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$323M+17.5%

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$48M+37.1%

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$94.5M+6.7%

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GarminGRMN

$295.82M+10.3%

Ralliant CorporationRAL

$43.7M+5.8%

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%

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

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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:ResearchAndDevelopmentExpense.

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 R&D?: Gentex (GNTX) reported R&D of $51.65M in Q1 2026.
How has Gentex's R&D changed year-over-year?: Gentex's R&D increased by 12.5% year-over-year, from $45.92M to $51.65M.
What is the long-term trend for Gentex's R&D?: Over 4 years (2021 to 2025), Gentex's R&D has grown at a 14.6% compound annual growth rate (CAGR), from $117.76M to $203.26M.
What does R&D mean?: Costs of research activities to discover new knowledge and development activities to translate research into new or improved products, services, processes, or technologies.