Overall Sales Growth
Consolidated net sales for Gentex and VOXX were $655.2 million in Q3 2025, an 8% increase compared to $608.5 million in Q3 of last year.
Gross Margin Improvement
Consolidated gross margin improved to 34.4% from 33.5% in the third quarter of last year. Core Gentex gross margin was 34.9%, a 140 basis point increase.
Strong Performance of Full Display Mirror (FDM)
Full Display Mirror sales showed strong growth, with expectations to sell 200,000 to 300,000 more units in 2025 compared to 2024.
Positive Cash Flow and Share Repurchase
Preliminary cash flow from operations was $146.9 million compared to $84.7 million in the same period last year. The company repurchased 1 million shares for $28.3 million during the quarter.