GNRC · 10-Q · 2026Q2 · Full report
Revenue Performance and Mix
GENERAC HOLDINGS INC. · 2026-08-04 · Importance 54 · Surprise 40 · From source text
Six-month net sales increased 11.5% year over year to $2.233 billion from $2.003 billion, while second-quarter sales rose 10.6% to $1.174 billion from $1.061 billion. Commercial & Industrial sales grew 28.6% in the first half to $1.067 billion and 29.2% in the second quarter to $556.5 million, primarily from ramping global data center products, rental and telecom shipments, and controls solutions. Residential sales declined 0.6% in the first half to $1.166 billion and 2.2% in the second quarter to $617.0 million, as lower energy storage shipments offset higher home standby and portable generator sales. Acquisitions, divestitures, and foreign currency contributed approximately 8% of first-half C&I sales growth and 6% of second-quarter C&I sales growth.
Key facts
- 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. source
- Gross profit for the three months ended June 30, 2026: $521,811 thousand, up $105,062 thousand, 25.2% versus prior year quarter. source
- Commercial & Industrial segment external net sales for the three months ended June 30, 2026: $556,488 thousand, an increase of $125,913 thousand or 29.2% versus prior year quarter. source
- Net sales for the three months ended June 30, 2026: $1,173,510 thousand, up $112,341 thousand, 10.6% versus prior year quarter. source
- Net sales for the six months ended June 30, 2026: $2,232,875 thousand, up $229,585 thousand, 11.5% versus prior year period. source
- Gross profit for the six months ended June 30, 2026: $932,047 thousand, up $143,312 thousand, 18.2% versus prior year period. source
- Costs of goods sold for the three months ended June 30, 2026: $651,699 thousand, up $7,279 thousand, 1.1% versus prior year quarter. source
- Residential segment external net sales for the three months ended June 30, 2026: $617,022 thousand, a decrease of $13,572 thousand or -2.2% versus prior year quarter. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| revenue | positive | realized | +20.2% | Commercial & Industrial segment total sales for the six months ended June 30, 2026: $1,066,537 thousand, up $236,956 thousand, 28.6%… |
| revenue | positive | realized | +19.6% | Net sales for the six months ended June 30, 2026: $2,232,875 thousand, up $229,585 thousand, 11.5% versus prior year period. |
| operating_income | positive | realized | +12.2% | Gross profit for the six months ended June 30, 2026: $932,047 thousand, up $143,312 thousand, 18.2% versus prior year period. |
| revenue | positive | realized | +10.7% | Commercial & Industrial segment external net sales for the three months ended June 30, 2026: $556,488 thousand, an increase of $125,913… |
| revenue | positive | realized | +9.6% | Net sales for the three months ended June 30, 2026: $1,173,510 thousand, up $112,341 thousand, 10.6% versus prior year quarter. |
| operating_income | positive | realized | +8.9% | Gross profit for the three months ended June 30, 2026: $521,811 thousand, up $105,062 thousand, 25.2% versus prior year quarter. |
| revenue | negative | realized | -1.2% | Residential segment external net sales for the three months ended June 30, 2026: $617,022 thousand, a decrease of $13,572 thousand or… |
| revenue | negative | realized | -0.6% | Residential segment total sales for the six months ended June 30, 2026: $1,166,338 thousand, a decrease of $7,371 thousand or -0.6% versus… |
| operating_income | negative | realized | -0.6% | Costs of goods sold for the three months ended June 30, 2026: $651,699 thousand, up $7,279 thousand, 1.1% versus prior year quarter. |