GNRC · 10-Q · 2026Q3

GENERAC HOLDINGS INC.

Filed 2026-11-03 · Technology · View original filing on EDGAR

Everything GNRC's SEC filings said, ranked

Ranked Events

• Operating Cash Flow TrendsImportance 69 · Surprise 64
  Net cash provided by operating activities rose 65.4% to $411.5 million in the nine months ended September 30, 2026, from $248.7 million in the comparable 2025 period. Generac attributed the increase to higher operating…
• Adjusted EBITDA PerformanceImportance 69 · Surprise 64
  Third-quarter operating income increased 55.8% year over year to $160.6 million, while nine-month operating income rose 63.6% to $488.3 million. Third-quarter adjusted EBITDA was $256.2 million, up 32.6%; Residential…
• Net Income and ProfitabilityImportance 63 · Surprise 64
  Net income attributable to Generac increased 65.1% in the third quarter to $109.2 million, or $1.83 per share, from $66.2 million, or $1.12 per share. For the first nine months, attributable net income rose 77.0% to…
• Capital Return ProgramImportance 58 · Surprise 42
  On February 9, 2026, the board approved a new $500.0 million common-stock repurchase program covering the next 24 months, replacing the prior program, which had $199.3 million remaining. The new program had $500…
• Income Tax Rate ChangesImportance 57 · Surprise 64
  The effective tax rate for the nine months ended September 30, 2026 increased to 24.3% from 18.3% in the prior-year period. Nine-month income tax provision rose to $104.5 million from $41.4 million, an increase of…
• Revenue Performance and MixImportance 54 · Surprise 40
  Third-quarter 2026 net sales increased 16.2% year over year to $1,294.8 million, while nine-month sales rose 13.2% to $3,527.7 million. Third-quarter Residential segment sales increased 8.9% to $742.7 million, driven…
• Acquisitions and DivestituresImportance 48 · Surprise 42
  Generac used $211.7 million for business acquisitions, net of cash acquired, during the nine months ended September 30, 2026. Investing cash flows also included $23.7 million of proceeds from business sales, net of…
• U.S. Tax Law ChangesImportance 46 · Surprise 42
  The OBBBA, signed into law in the United States on July 4, 2025, made permanent provisions including 100% bonus depreciation and immediate expensing of domestic research and development costs. Generac continues to…
• Supply Chain Tariff ImpactImportance 46 · Surprise 42
  Beginning in the first quarter of 2025, the United States imposed additional tariffs on imports from numerous countries, while certain countries announced tariffs on U.S. goods; some measures were later modified or…
• Solar Subsidy Phase-OutImportance 46 · Surprise 42
  The United States enacted the One Big Beautiful Bill Act (OBBBA) on July 4, 2025, accelerating the phase-out of solar-market tax incentives and imposing certain domestic supply-chain requirements to qualify for…
• Capital ExpendituresImportance 41 · Surprise 22
  Generac paid $126.9 million for property and equipment in the first nine months of 2026, compared with $110.5 million in the first nine months of 2025, an increase of approximately 14.8%. These purchases were part of…
• Tariff Refund and Gross MarginImportance 39 · Surprise 50
  Third-quarter gross margin was 39.9%, up from 38.3% a year earlier, primarily because of favorable price/cost impacts, including lower tariff costs, partly offset by unfavorable sales mix. Nine-month gross margin…
• AI Data Center DemandImportance 37 · Surprise 42
  Generac expects substantial investment in data-center infrastructure to accelerate with AI adoption, creating demand for large-megawatt backup generators. Management says this market is significantly supply-constrained…
• Debt and Liquidity PositionImportance 37 · Surprise 6
  At September 30, 2026, Generac had $490.0 million outstanding under its Term Loan B Facility and $700.0 million under its New Tranche A Term Loan Facility, with no borrowings on its $1.0 billion revolving facility.…
• Operating Expense TrendsImportance 36 · Surprise 14
  Third-quarter operating expenses increased $31.6 million, or 9.8%, year over year to $355.5 million. The increase reflected investment to support future C&I growth, higher marketing spend, incentive compensation, and…
• Distribution ChannelsImportance 22 · Surprise 6
  Generac has a floor-plan financing arrangement with a finance company that provides qualifying dealers with credit to purchase Generac products. The company receives payment after shipment, while dealers have a longer…
• Geographic Market CommentaryImportance 17 · Surprise 24
  Generac reported broad-based regional growth internationally in the third quarter, while lower shipments to domestic industrial distributor and telecom channels partly offset C&I growth. The company maintains a leading…
• Products and TechnologyImportance 16 · Surprise 6
  Generac describes a broad portfolio spanning standby, portable, and mobile generators, energy storage, energy management controls, and related services for homes and businesses. Its large-megawatt diesel lineup expands…
• Market Demand TrendsImportance 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,…

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