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UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
Sep. 30, 2025
Dec. 31, 2024
[1]
CURRENT ASSETS    
Cash and cash equivalents $ 178,589,422 $ 233,318,766
Short-term investments 4,815,376 22,304,829
Accounts receivable, net 384,673,839 295,344,353
Inventories, net 499,243,613 436,497,445
Prepaid expenses and other 101,151,652 49,862,777
Total current assets 1,168,473,902 1,037,328,170
PLANT AND EQUIPMENT—NET 799,496,473 728,481,467
OTHER ASSETS    
Goodwill 356,913,957 340,668,927
Long-term investments 247,357,706 339,604,044
Intangible assets, net 191,437,576 195,157,160
Deferred tax asset 92,660,519 53,154,832
Patents and other assets, net 82,414,519 66,426,375
Total other assets 970,784,277 995,011,338
TOTAL ASSETS 2,938,754,652 2,760,820,975
CURRENT LIABILITIES    
Accounts payable 252,041,199 168,314,912
Short-term debt 4,130,859 0
Accrued liabilities 138,284,171 84,377,764
Total current liabilities 394,456,229 252,692,676
OTHER NON-CURRENT LIABILITIES 45,097,267 36,028,644
DEFERRED INCOME TAXES 1,666,672 0
TOTAL LIABILITIES 441,220,168 288,721,320
REDEEMABLE NON-CONTROLLING INTEREST 2,319,658 0
SHAREHOLDERS’ INVESTMENT    
Common stock 13,137,108 13,632,448
Additional paid-in capital 1,012,857,311 1,010,440,420
Retained earnings 1,471,866,630 1,450,287,128
Accumulated other comprehensive loss (2,646,223) (6,409,341)
TOTAL GENTEX CORPORATION SHAREHOLDERS' INVESTMENT 2,495,214,826 2,467,950,655
Non-controlling Interest 0 4,149,000
TOTAL SHAREHOLDERS' INVESTMENT 2,495,214,826 2,472,099,655
TOTAL LIABILITIES, REDEEMABLE NON-CONTROLLING INTEREST, AND SHAREHOLDERS' INVESTMENT $ 2,938,754,652 $ 2,760,820,975
[1] The condensed consolidated balance sheet at December 31, 2024 has been derived from the audited consolidated financial statements at that date, but does not include all of the inflation and footnotes required by accounting principles generally accepted in the United States for complete financial statements.