CONSOLIDATED BALANCE SHEETS - USD ($)	Dec. 31, 2025	Dec. 31, 2024
CURRENT ASSETS:
Cash and cash equivalents	$ 145,645,715	$ 233,318,766
Short-term investments	5,386,566	22,304,829
Accounts receivable, net	368,517,569	295,344,353
Inventories, net	516,253,617	436,497,445
Prepaid expenses and other	92,631,001	49,862,777
Total current assets	1,128,434,468	1,037,328,170
PLANT AND EQUIPMENT:
Land, buildings and improvements	591,487,990	531,261,137
Machinery and equipment	1,240,212,788	1,065,109,667
Construction-in-process	83,048,392	177,907,293
Total Plant and Equipment	1,914,749,170	1,774,278,097
Less- Accumulated depreciation	(1,123,813,792)	(1,045,796,630)
Net Plant and Equipment	790,935,378	728,481,467
OTHER ASSETS:
Goodwill	357,211,919	340,668,927
Long-term investments	272,975,939	339,604,044
Intangible assets, net	189,341,387	195,157,160
Deferred tax asset	108,338,592	53,154,832
Patents and other assets, net	81,355,151	66,426,375
Total Other Assets	1,009,222,988	995,011,338
TOTAL ASSETS	2,928,592,834	2,760,820,975
CURRENT LIABILITIES:
Accounts payable	248,983,498	168,314,912
Accrued liabilities:
Salaries, wages and vacation	23,197,164	19,526,367
Income taxes	846,965	439,545
Royalties	29,358,102	21,087,480
Dividends payable	25,853,403	27,264,897
Short-term debt	3,795,925	0
Other	55,507,912	16,059,475
Total current liabilities	387,542,969	252,692,676
OTHER NON-CURRENT LIABILITIES	49,209,006	36,028,644
DEFERRED INCOME TAXES	908,922	0
TOTAL LIABILITIES	437,660,897	288,721,320
REDEEMABLE NON-CONTROLLING INTEREST	3,102,213	0
SHAREHOLDERS’ INVESTMENT:
Common stock, par value 0.06 per share; 400,000,000 shares authorized; 215,445,024 and 227,207,472 shares issued and outstanding in 2025 and 2024, respectively.	12,926,701	13,632,448
Additional paid-in capital	1,008,589,267	1,010,440,420
Retained earnings	1,466,046,002	1,450,287,128
Accumulated other comprehensive income (loss):
Unrealized income (loss) on investments, net	1,347,044	(591,605)
Unrealized loss on derivatives	(768,985)	0
Cumulative translation adjustment	(310,305)	(5,817,736)
TOTAL GENTEX CORPORATION SHAREHOLDERS' INVESTMENT	2,487,829,724	2,467,950,655
Non-controlling Interest	0	4,149,000
TOTAL SHAREHOLDERS' INVESTMENT	2,487,829,724	2,472,099,655
TOTAL LIABILITIES, REDEEMABLE NON-CONTROLLING INTEREST, AND SHAREHOLDERS' INVESTMENT	$ 2,928,592,834	$ 2,760,820,975

GENTEX CORP 10-K