Gentex (GNTX) Research & Development (2009 - 2026)
Gentex (GNTX) reported Research & Development of $51.7 million for Q1 2026, up 12.47% on a YoY basis from $45.9 million in Q1 2025, and down 2.96% quarter-over-quarter from $53.2 million in Q4 2025.
Gentex (GNTX) Research & Development (2009 - 2026) Analysis & Trends
Gentex has reported Research & Development for 18 years, with the latest figure at $51.7 million in Q1 2026.
- For the quarter ending Q1 2026, Research & Development rose 12.47% year-over-year to $51.7 million; the trailing twelve-month figure through Mar 2026 stood at $209.0 million (up 12.83% YoY), and the FY2025 full-year result was $203.3 million, up 12.0% from the prior year.
- Research & Development for Q1 2026 stood at $51.7 million, down from $53.2 million in the prior quarter.
- The five-year high for Research & Development was $53.2 million in Q4 2025, with the low at $32.0 million in Q1 2022.
- Historically, Research & Development has averaged $42.6 million across 5 years, with a median of $42.2 million in 2024.
- Annual changes were most pronounced in 2023 — Research & Development gained 8.38% — and 2024, when it climbed 21.72%.
- Gentex's Research & Development stood at $34.9 million in 2022, then rose by 18.89% to $41.5 million in 2023, then grew by 13.31% to $47.1 million in 2024, then increased by 13.1% to $53.2 million in 2025, then slipped by 2.96% to $51.7 million in 2026.
- The last three Research & Development figures came in at $51.7 million (Q1 2026), $53.2 million (Q4 2025), and $52.6 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | O Reilly Automotive | 76.00 Bn | 75.75 Bn | 2.35 Bn | - |
| 2 | Autozone | 51.46 Bn | 51.20 Bn | 2.52 Bn | - |
| 3 | Modine Manufacturing | 15.07 Bn | 14.98 Bn | 186.10 Mn | - |
| 4 | Borgwarner | 14.88 Bn | 15.05 Bn | 677.00 Mn | - |
| 5 | Genuine Parts | 14.73 Bn | 14.25 Bn | 2.34 Bn | - |
| 6 | Aptiv | 13.96 Bn | 10.89 Bn | 920.00 Mn | - |
| 7 | Aurora Innovation | 11.93 Bn | 10.71 Bn | -5.00 Mn | 195.00 Mn |
| 8 | Magna International | 10.79 Bn | 9.60 Bn | 1.42 Bn | - |
| 9 | Allison Transmission Holdings | 10.06 Bn | 9.75 Bn | 406.00 Mn | 54.00 Mn |
| 10 | Gentex | 5.44 Bn | 5.27 Bn | 228.63 Mn | 51.65 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | 29.06 Mn |