Gentex CorporationGNTXNASDAQ
Loading
R&D Expenses Over TimeExpanding
Percentile Rank100
3Y CAGR+15.1%
5Y CAGR+11.9%
Year-over-Year Change
Research and development spending
3Y CAGR
+15.1%/yr
vs +5.6%/yr prior
5Y CAGR
+11.9%/yr
Recent acceleration
Acceleration
+9.5pp
Accelerating
Percentile
P100
Near historical high
vs 5Y Ago
1.8x
Solid growth
Streak
9 yr
Consecutive growthExpanding
| Period | Value | YoY Change |
|---|---|---|
| TTM | $203.26M | +12.0% |
| 2024 | $181.48M | +17.6% |
| 2023 | $154.36M | +15.8% |
| 2022 | $133.31M | +13.2% |
| 2021 | $117.76M | +1.6% |
| 2020 | $115.94M | +1.1% |
| 2019 | $114.69M | +7.0% |
| 2018 | $107.13M | +7.4% |
| 2017 | $99.73M | +5.8% |
| 2016 | $94.24M | - |