Gentex (GNTX) Research & Development (2009 - 2026)
Gentex (GNTX) reported Research & Development of $49.26 million for Q2 2026, down 4.3% from $51.47 million a year earlier and down 4.6% from the prior quarter.
Gentex (GNTX) Research & Development (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Gentex's Research & Development came in at $206.78 million, up 7.3% year-over-year; for FY2025, it was $203.26 million, up 12.0% from FY2024.
- Research & Development has increased for 12 consecutive years, with a five-year compound annual growth rate of 11.9% (FY2020 to FY2025).
- By year, Research & Development came in at $181.48 million in FY2024 (+17.6%), $154.36 million in FY2023 (+15.8%), $133.31 million in FY2022 (+13.2%) and $117.76 million in FY2021 (+1.6%).
- The Q2 2026 figure ranks as the lowest quarterly Research & Development since Q1 2025.
- Year over year, Research & Development gained in seven of the last eight quarters, with growth averaging 11.2%.
- The high point for year-over-year Research & Development in five years was Q1 2024 (growth of 21.7%); the low point was Q2 2026 (a decline of 4.3%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $51.65 million (Q1 2026), $53.23 million (Q4 2025) and $52.63 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Tesla | 1,148.52 Bn | 983.08 Bn | 4.75 Bn | 2.37 Bn |
| 2 | Toyota Motor | 242.17 Bn | -164.57 Bn | 20.95 Bn | - |
| 3 | Ferrari | 145.86 Bn | 138.30 Bn | 1.18 Bn | 252.82 Mn |
| 4 | Honda Motor | 143.38 Bn | 10.76 Bn | 8.46 Bn | -1.53 Bn |
| 5 | General Motors | 67.56 Bn | -37.30 Bn | 7.33 Bn | - |
| 6 | Ford Motor | 47.24 Bn | -95.23 Bn | 6.08 Bn | - |
| 7 | Rivian Automotive | 20.35 Bn | -2.94 Bn | 179.00 Mn | 466.00 Mn |
| 8 | Magna International | 17.85 Bn | 15.41 Bn | 1.61 Bn | - |
| 9 | Stellantis | 12.63 Bn | -153.36 Bn | 5.55 Bn | 1.52 Bn |
| 10 | Gentex | 4.58 Bn | 3.83 Bn | 241.00 Mn | 49.26 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 49.26 Mn |
| Mar 31, 2026 | 51.65 Mn |
| Dec 31, 2025 | 53.23 Mn |
| Sep 30, 2025 | 52.63 Mn |
| Jun 30, 2025 | 51.47 Mn |
| Mar 31, 2025 | 45.92 Mn |
| Dec 31, 2024 | 47.06 Mn |
| Sep 30, 2024 | 48.23 Mn |
| Jun 30, 2024 | 44.00 Mn |
| Mar 31, 2024 | 42.18 Mn |
| Dec 31, 2023 | 41.53 Mn |
| Sep 30, 2023 | 40.20 Mn |
| Jun 30, 2023 | 37.97 Mn |
| Mar 31, 2023 | 34.65 Mn |
| Dec 31, 2022 | 34.94 Mn |
| Sep 30, 2022 | 33.54 Mn |
| Jun 30, 2022 | 32.86 Mn |
| Mar 31, 2022 | 31.97 Mn |
| Dec 31, 2021 | 31.30 Mn |
| Sep 30, 2021 | 29.75 Mn |
Gentex Research & Development API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=research-and-development&ticker=GNTX&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "GNTX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=research-and-development&ticker=GNTX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();