Gentex Corporation reported consolidated net sales of $657.9 million for the second quarter of 2025, a 15% increase compared to $572.9 million in Q2 2024. This growth was significantly driven by the VOXX acquisition, which contributed $78.8 million in revenue for the quarter.
Core Gentex revenue, excluding VOXX, increased by 1% to $579.0 million, despite a 2% decrease in light vehicle production in primary markets. Consolidated gross margin improved to 34.2% from 32.9% year-over-year, with core Gentex gross margin reaching 35.3%, a 240 basis-point increase.
Consolidated diluted earnings per share were $0.43, up 16% from $0.37 in Q2 2024, with adjusted EPS at $0.47. However, sales into China for Gentex were approximately $33 million, below the $50 million to $60 million forecast, due to tariffs. The company revised its full-year 2025 guidance and reiterated the withdrawal of 2026 revenue guidance due to ongoing market and tariff uncertainties.
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