Gentex — Jul 24, 2026 release

Light Vehicle Production ( Mobility Global mid-July light vehicle production forecast) (in Millions) Region Q3 2026 Q3 2025 % Change Calendar Year 2027 Calendar Year 2026 Calendar Year 2025 2027 vs 2026 % Change 2026 vs 2025 % Change North America 3.87  3.97  (3) % 15.02  15.06  15.27  —  % (1) % Europe 3.85  3.87  (1) % 16.88  16.90  17.05  —  % (1) % Japan and Korea 2.92  2.93  —  % 11.42  11.95  12.07  (4) % (1) % China 8.11  8.36  (3) % 31.93  31.58  33.10  1  % (5) % Total Light Vehicle Production 18.75  19.13  (2) % 75.25  75.49  77.49  —  % (3) % Based on actual results through the first six months of 2026, the updated Mobility Global light vehicle production forecast, and the Company’s expectations for its Automotive, Premium Audio, and Other Products category, the Company is updating certain elements of its full-year 2026 guidance as noted below. The updated guidance reflects the anticipated impact of all known tariffs effective as of July 24, 2026. 2026 Annual Guidance (as of July 24, 2026 ) • Consolidated Revenue: $2.65 – $2.75 billion (no change) • Gross Margin: 34.5% – 35.5% (previously 34% - 35%) • Operating Expenses (excluding severance and impairments ): $405 – $415 million (previously $410 - $420m) • Tax Rate: 16% – 17% (previously 16% -18%) • Capital Expenditures: $115 – $125 million (previously $125 - $140 million) • Depreciation & Amortization: $100 – $110 million (no change) 2027 Revenue Guidance Based on the mid-July 2026 Mobility Global light vehicle production forecast and the Company's expectations for Automotive, Premium Audio, and Other Products revenue, the Company continues to expect calendar-year 2027 revenue to range between $2.80 and $2.90 billion. Closing Remarks "As we entered 2026, we knew geopolitical challenges would continue to pressure our business in China, and we also expected ongoing headwinds within our base mirror business. As a result, we anticipated that revenue growth would be more subdued than what we've historically delivered. Despite those challenges, the execution of our team has been some of the best I have seen during my time leading this Company. Across the organization, we continue to launch, develop, invent, and commercialize new technologies at a pace unmatched in ou