Gentex — Oct 24, 2025 release
Fiscal 2025 third-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0000355811-25-000047
Showing in the filing
Depreciation & Amortization - Gentex
“$95 – $96 million”
Period
FY2025
Measure
Company-defined measure
Source
Guidance table
All guidance in this release · 15
Consolidated Revenue for FY2025
“$2.50 – $2.60 billion”
Consolidated Revenue - Gentex primary markets for FY2025
“$2.14 – $2.15 billion”
Consolidated Revenue - Gentex China market for FY2025
“$135 – $145 million”
Consolidated Revenue - VOXX Revenue estimate for FY2025
“$250 – $275 million”
Gross Margin for FY2025
“33.5% – 34%”
Gross Margin - Gentex (stand-alone) for FY2025
“34.25% – 34.75%”
Gross Margin - VOXX (stand-alone) for FY2025
“28% – 29%”
Operating Expenses (excluding severance) for FY2025
“$380 – $390 million”
Operating Expenses - Gentex for FY2025
“$305 – $310 million”
Operating Expenses - VOXX for FY2025
“$75 – $80 million”
Tax Rate for FY2025
“16% – 16.5%”
Capital Expenditures for FY2025
“$115 – $125 million”
Depreciation & Amortization for FY2025
“$96 – $99 million”
Depreciation & Amortization - Gentex for FY2025
“$95 – $96 million”
Depreciation & Amortization - VOXX for FY2025
“$1 - $3 million”
Exhibit 99.1 · the passage around this item
… earlier in the release
2025 Annual Guidance (as of October 24, 2025) (Note: amounts may not total due to rounding) • Consolidated Revenue: $2.50 – $2.60 billion (previously: $2.44 – $2.61 billion) ◦ Gentex primary markets: $2.14 – $2.15 billion (previously $2.10 - $2.20 billion) ◦ Gentex China market: $135 – $145 million (previously $100- $125 million) ◦ VOXX Revenue estimate: $250 – $275 million (previously $240 - $280 million) • Gross Margin: 33.5% – 34% (previously 33% - 34%) ◦ Gentex (stand-alone): 34.25% – 34.75% (previously 34% - 34.5%) ◦ VOXX (stand-alone): 28% – 29% (previously 27% - 29%) • Operating Expenses (excluding severance ): $380 – $390 million (previously $370 - $390 million) ◦ Gentex: $305 – $310 million (previously $300-310 million) ◦ VOXX: $75 – $80 million (previously $70 - $80 million) • Tax Rate: 16% – 16.5% (previously 16% - 17%) • Capital Expenditures: $115 – $125 million (previously $100 - $125 million) • Depreciation & Amortization: $96 – $99 million (previously $91-98 million) ◦ Gentex: $95 – $96 million (previously $90-95 million) ◦ VOXX: $1 - $3 million (unchanged) Closing Remarks “The third quarter is best summarized as a continuation of the underlying economic environment of the last year and a half. Light vehicle production levels in our primary markets have improved versus previous forecasts, but any progress is in contrast to the declining production levels experienced over the past few years. Additionally, the previous two quarters were impacted by mix weakness in Europe, Japan and Korea, as well as continued headwinds in China due to the ongoing tariff environment. While core Gentex revenue in the third quarter of 2025 was lower compared to both the second quarter of 2025 and the same quarter last year, our strong business discipline and operational focus enabled us to deliver another meaningful improvement in gross margin. The Company’s focus on business discipline, expense management, and operational improvements has helped improve margins despite incremental tariff headwinds that were not reimbursed during the quarter. As we move into the fourth quarter, our teams will be focused on bringing the same type of improvements to the VOXX organization to ensure the combined
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.