Gentex

Q2 FY2026 EarningsQ2 FY26 results presented a mix of top-line weakness and bottom-line outperformance: revenue of $651.3M missed the $669.6M consensus by 2.7%, while Diluted EPS of $0.54 beat expectations of $0.50. The bottom-line beat was primarily driven by a significant gross margin expansion to 37.0% (vs. 34.3% expected), bolstered by $18M in IEEPA tariff reimbursements. Despite lower automotive mirror shipments (-10% YoY), management raised FY26 gross margin guidance to 34.5%–35.5% and lowered CapEx guidance, signaling a focus on operational efficiency amid a softening global light vehicle production environment.