GNRC · 10-Q · 2026Q3 · Full report

Market Demand Trends

GENERAC HOLDINGS INC. · 2026-11-03 · Importance null · Surprise 40

Third-quarter 2026 Residential sales grew 8.9% to $744.1 million, primarily on strong home standby and portable generator sales, partly offset by lower energy storage system shipments. For the first nine months, Residential sales increased 2.9% to $1.919 billion, as higher home standby and portable generator shipments were partly offset by declining energy storage system sales. C&I sales increased 27.7% in the quarter to $552.1 million, with growth driven by data center products and broad-based international growth, partly offset by lower domestic industrial distributor and telecom shipments.

Key facts

• Generac expects power demand to accelerate due to AI and data-center energy needs, North American re-industrialization, and electrification of consumer and commercial products. source
• The North American Electric Reliability Corporation labeled significant portions of the United States and Canada at high or elevated risk of resource-adequacy shortfalls during 2025–2029. source
• Generac estimates that approximately 6.75% of its defined addressable U.S. home market has home standby generators; the market definition is single-family detached, owner-occupied homes valued above $175,000. source
• Low baseline power-outage activity in the second half of 2025 affected demand for Generac’s residential products and made quarterly net sales more evenly distributed than historical averages. source
• Generac identifies increased frequency and duration of power outages, raw-material and component availability and costs, tariffs, changing consumer and business durable-goods spending, and governmental tax incentives and grants as factors that could affect its results. source