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Gentex — Jul 25, 2025 release

Fiscal 2025 second-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0000355811-25-000037
Open on SEC.gov ↗
Showing in the filing
Core margin profile / long-term target
“35 - 36%”
Period
The long term
Measure
Company-defined measure
Source
Prose
All guidance in this release · 16
Consolidated Revenue for FY2025
“$2.44 – $2.61 billion”
Consolidated Revenue - Gentex primary markets for FY2025
“$2.10 – $2.20 billion”
Consolidated Revenue - Gentex China market for FY2025
“$100 – $125 million”
Consolidated Revenue - VOXX Revenue estimate for FY2025
“$240 – $280 million”
Gross Margin for FY2025
“33% – 34%”
Gross Margin - Gentex (stand-alone) for FY2025
“34% – 34.5%”
Gross Margin - VOXX (stand-alone) for FY2025
“27% – 29%”
Operating Expenses (excluding severance) for FY2025
“$370 – $390 million”
Operating Expenses - Gentex for FY2025
“$300 – $310 million”
Operating Expenses - VOXX for FY2025
“$70 – $80 million”
Tax Rate for FY2025
“16% – 17%”
Capital Expenditures for FY2025
“$100 – $125 million”
Depreciation & Amortization for FY2025
“$91 – $98 million”
Depreciation & Amortization - Gentex for FY2025
“$90 – $95 million”
Depreciation & Amortization - VOXX for FY2025
“$1 - $3 million”
Core margin profile / long-term target for the long term
“35 - 36%”
Exhibit 99.1 · the passage around this item
… earlier in the release
These improvements played a key role in driving strong revenue and profitability improvements, despite revenue reductions in the domestic China market and the lower than expected light vehicle production in our primary markets. Over the next several quarters, the Company will continue executing the margin improvement initiatives that are targeted to get the core margin profile in line with our long-term target of 35 - 36%. While we are working on those targets, we are also working with the VOXX team to ensure the combined organization is appropriately structured to support long-term profitability and shareholder value,” concluded Downing. “On the product front, we continue to make significant strides in the development of large area devices and we remain very confident that the technology breakthroughs we have made in the last year will create significant opportunities for our dimmable visor, sunroof, side-window, and panoramic roof applications globally,” said CTO and COO, Neil Boehm. “Additionally, we continue to make progress on our launches of Driver Monitoring System ("DMS") platforms for four key customers as demand for safety and driver-assist technology continues to accelerate across global markets. We are increasingly confident in the strength of our technology roadmap and our team's ability to deliver the best scalable technology platforms that create value for our customers and end consumers,” concluded Boehm. Safe Harbor for Forward-Looking Statements     This news release contains forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Liti
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.