Company Reports

Generac grew net sales by 11% year on year to $1.17 billion, though 9% year on year on an organic basis. Commercial and industrial sales drove much of the increased revenue as that segment saw sales climb 29% year on year, despite the headwinds in the residential segment.

Generac is in the middle of a transition to an energy technology solutions company.

Management raised Generac's full-year 2026 revenue guidance to mid-to-high teens growth from midteens growth previously. It also raised EBITDA margin guidance to 19% at the midpoint. Generac's backlog increased by an outstanding $300 million to $700 million, pushing its share price higher.

Generac is in the middle of a transition to an energy technology solutions company.

Generac is in the middle of a transition to an energy technology solutions company.

Generac underscored its growth opportunity in the data center backup power market and unveiled new financial targets at its investor day. It expects consolidated net sales to increase at a midteens compound annual rate to 2028, coupled with EBITDA margin rising to approximately 21% from 17% in 2025.

Generac reported fourth-quarter sales of $1.09 billion (down 12% year on year) and EBITDA of $185 million. 2026 revenue guidance is midteens growth year over year with EBITDA margins of 18.5% at the midpoint (17.0% in 2025).

Generac is in the middle of a transition to an energy technology solutions company.

Generac reported third-quarter sales of $1.1 billion and EBITDA of $193 million. Full-year revenue guidance was lowered to flat year over year (up 3.5% prior), and EBITDA margin was decreased to 17% at the midpoint (18.5% prior).

Generac reported second-quarter sales of $1.1 billion and EBITDA of $188 million. Full-year revenue guidance range was narrowed to 2%-5% growth (0%-7% growth prior) and EBITDA margin was increased to 18.5% at the midpoint (18.0% prior).

Generac is in the middle of a transition to an energy technology solutions company.

Generac reported first-quarter sales of $942 million and EBITDA of $150 million. Full-year guidance was updated to account for recent macro uncertainty. The 2025 revenue growth range was widened to 0%-7% compared with 3%-7% prior. Full-year EBITDA margin was expanded to 17%-19% from 18%-19%.

Generac is in the middle of a transition to an energy technology solutions company.

On April 2, 2025, the US government imposed widespread tariffs consisting of a 10% universal tariff on all imported goods as well as country-specific tariffs. The universal tariff goes into effect on April 5, while country-specific tariffs are slated to take effect on April 9.

Generac reported record fourth-quarter earnings and released its 2025 guidance. The 2025 outlook expects sales growth of 3%-7% year on year and EBITDA margin of 18%-19%.

Generac is in the middle of a transition to an energy technology solutions company.

Renewable energy equities sold off sharply on Nov. 6, with much of our coverage declining between 5% and 15%. The reaction comes after Donald Trump won the US presidential election and Republicans appeared set to control Congress.

Generac increased its full-year revenue growth guidance to 7% at the midpoint, up from 6% after higher-than-expected power outage activity following Hurricane Helene and Hurricane Milton.

Generac is in the middle of a transition to an energy technology solutions company.

Renewable energy equities have broadly underperformed in recent weeks, which we think is partially due to betting markets indicating rising chances of a Donald Trump victory in the Nov. 5 US presidential election, according to RealClearPolitics.