v3.26.1
Earnings Per Share (Tables)
 6 Months Ended
Jun. 30, 2026
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share Basic and Diluted
The following table sets forth the computation of basic and diluted net income per common share under the two-class method for the three and six months ended June 30, 2026 and 2025:
Three Months Ended June 30,Six Months Ended June 30,
2026202520262025
Basic Earnings Per Share
Net Income Attributable to Gentex Corporation$114,689,417 $96,039,584 $213,144,560 $190,913,629 
Less: Dividends and undistributed earnings allocated to participating securities1,879,597 1,412,231 3,439,528 3,473,779 
Net Income available to common shareholders$112,809,820 $94,627,353 $209,705,032 $187,439,850 
Basic weighted average shares outstanding208,580,380 219,631,876 209,720,391 221,376,755 
Net Income per share - Basic$0.54 $0.43 $1.00 $0.85 
Diluted Earnings Per Share
Allocation of Net Income used in basic computation$112,809,820 $94,627,353 $209,705,032 $187,439,850 
Reallocation of undistributed earnings37 — 45 77 
Net Income available to common shareholders - Diluted$112,809,857 $94,627,353 $209,705,077 $187,439,927 
Number of shares used in basic computation208,580,380 219,631,876 209,720,391 221,376,755 
Additional weighted average dilutive common stock equivalents5,346 — 3,652 8,845 
Diluted weighted average shares outstanding208,585,726 219,631,876 209,724,043 221,385,600 
Net Income per share - Diluted$0.54 $0.43 $1.00 $0.85 
Shares related to stock plans not included in diluted average common shares outstanding because their effect would be anti-dilutive2,453,462 3,694,254 2,560,291 3,386,076