GNRC · Full Picture

GENERAC HOLDINGS INC. — the full picture

Earnings window · 2026-07-14 to 2026-08-09 · anchored on the 10-Q report

One earnings window, everything merged: the filing, the call, press releases and news digests, folded into ranked threads.

What to look at first

  1. Capital Return Program · Buybacks & dividendsPriority 82
    -7.4% cash; 1 forward row(s); structured_verified
    On February 9, 2026, the Board approved a new stock repurchase program allowing repurchase of up to $500.0 million of common stock over the next twenty-four months.
  2. Revenue Performance and Mix · Revenue growth & mixPriority 79
    +58.3% revenue (realized); 2 sources (news, sec_filing); 1 forward row(s); structured_verified
    Commercial & Industrial segment total sales for the six months ended June 30, 2026: $1,066,537 thousand, up $236,956 thousand, 28.6% versus prior year period, including an approximate 8% net favorable impact from acquisitions, divestitures, and foreign currency.
  3. Operating Income and Margins · Operating income & profitabilityPriority 75
    +32.1% operating_income (realized); quote_verified
    Income from operations for the three months ended June 30, 2026: $210,433 thousand, up $98,644 thousand, 88.2% versus prior year quarter.
  4. Net Income and Profitability · Operating income & profitabilityPriority 74
    +29.9% net_income (realized); structured_verified
    Net income attributable to Generac Holdings Inc. for the three months ended June 30, 2026: $143,244 thousand, up $69,228 thousand, 93.5% versus prior year quarter.
  5. Revenue Concentration Risk · Customers & concentrationPriority 63
    quote_verified
    Weighted average common shares outstanding - diluted were 59,635,447 and 59,017,823 for the three months ended June 30, 2026 and 2025, respectively.
  6. Income Tax Rate Changes · TaxPriority 61
    -6.1% net_income (realized); 1 forward row(s); structured_verified
    Provision for income taxes for the six months ended June 30, 2026: $70,343 thousand, or an effective tax rate of 24.6%, compared to $29,658 thousand, or 20.0% in prior-year period.
  7. Supply Chain Tariff Impact · Tariffs & trade policyPriority 61
    +0.2% assets; 1 forward row(s); structured_verified
    During the three and six months ended June 30, 2026, Generac received tariff refunds totaling approximately $61 million.
  8. Tariff Refund and Gross Margin · Tariffs & trade policyPriority 58
    +6.0% margin (realized); quote_verified
    Adjusted EBITDA for the Commercial & Industrial segment for six months ended June 30, 2026: $148.0 million, or 13.9% of C&I total sales, versus $98.7 million, or 11.9% in prior year; tariff refunds contributed approximately 1% to gross margin growth for the period.
  9. Acquisitions and Divestitures · M&A and divestituresPriority 57
    +5.2% assets (realized); structured_verified
    The $275.8 million net cash used in investing activities for the six months ended June 30, 2026 represents cash payments of $87.7 million related to the purchase of property and equipment and $211.8 million for acquisitions of businesses, net of cash acquired.
  10. Capital Expenditures · Capital expenditurePriority 46
    quote_verified
    Net cash used in investing activities for the six months ended June 30, 2026 was $(275,843) thousand.
  11. Debt and Liquidity Position · Debt, leverage & refinancingPriority 45
    -2.1% liability (realized); structured_verified
    As of June 30, 2026, there was $491.3 million outstanding under the Term Loan B Facility and $700 million outstanding under the New Tranche A Term Loan Facility, and no borrowings on the New Revolving Facility, leaving $999.3 million of unused capacity net of outstanding letters of credit.
  12. Market Demand Trends · Demand, orders & backlogPriority 45
    2 sources (news, sec_filing); quote_verified
    Bank of America Corp DE bought 122,101 shares in Q1, increasing its stake by 19.7% to a total of 742,576 shares valued at approximately $145 million

Threads by pillar

Revenue & Demand Priority 89 · 7 threads

Costs & Margins Priority 85 · 5 threads

Capital & Balance Sheet Priority 92 · 5 threads

Strategy & Portfolio Priority 57 · 1 thread

Legal, Regulatory & Policy Priority 73 · 3 threads

Macro & Market Conditions Priority 39 · 1 thread

Unclassified Priority 35 · 1 thread

Expected impact by metric

metricforward netforward grossrealized
cash-7.5%+7.5%-4.2%
assets+0.2%+0.2%+5.2%
liability-0.2%+0.2%-2.1%
operating_income——+58.2%
margin——+6.0%
net_income——+23.8%
revenue——+58.3%