Gentex Corporation detailed a strategy to reach $7 billion in annual revenue. The company reaffirmed 2026 revenue guidance between $2.65 billion and $2.75 billion. Management set a 2027 revenue target of $2.8 billion to $2.9 billion.
Growth drivers include Full Display Mirrors, driver-monitoring systems, and dimmable glass. Driver-monitoring systems should generate $50 million to $60 million in 2026 revenue. This segment is expected to reach $80 million to $100 million by 2027.
The 2025 acquisition of VOXX International is expected to contribute $360 million to $380 million in revenue. Gentex anticipates improved gross margins from the VOXX integration. The company is expanding into aerospace, fire protection, and contract electronics manufacturing to diversify revenue streams.