Below are the financial statements of Gentex, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
| All figures in millions of USD | 2024 | 2023 | 2022 |
|---|---|---|---|
| Net sales | 2,313.31a | 2,299.22a | 1,918.96a |
| Cost of goods sold | -1,542.22a | -1,536.59a | -1,309.14a |
| Gross profit | 771.09a | 762.63a | 609.81a |
| Operating expenses | — | — | — |
| Engineering, research and development | -181.48a | -154.36a | -133.31a |
| Selling, general and administrative | -121.02a | -112.54a | -106.5a |
| Impairment charges | -8.86a | 0a | 0a |
| Total operating expenses | -311.36a | -266.9a | -239.81a |
| Income from operations | 459.73a | 495.73a | 370.01a |
| Other income | — | — | — |
| Investment income, net | 13.4a | 13.5a | 4.8a |
| Other loss, net | -0.92a | -4.25a | -5.08a |
| Total other income (loss) | 12.49a | 9.25a | -0.28a |
| Income before provision for income taxes | 472.21a | 504.98a | 369.72a |
| Provision for income taxes | -67.73a | -76.58a | -50.97a |
| Net income | 404.49a | 428.4a | 318.76a |
Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Gentex’s data sources below and access millions more through our Disclosure Search.
Sign up for Tracenable and access millions of corporate disclosures, including annual reports and sustainability filings from global companies, completely free of charge.
Sign up for Tracenable and access millions of corporate disclosures, including annual reports and sustainability filings from global companies, completely free of charge.