Generac (GNRC)

NYSE Industrials Heavy Electrical Equipment S&P 500

$176.78

+4.45 (+2.58%)

Close of Nov 06, 2026 · end-of-day data

Source: Generac's 10-K / 10-Q XBRL data on SEC EDGAR · fetched Nov 04, 2026

Revenue, net income & free cash flow

Income statement

fiscal years · USD

Fiscal year	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Revenue	$1.45B	$1.68B	$2.02B	$2.20B	$2.49B	$3.74B	$4.56B	$4.02B	$4.30B	$4.21B
Cost of revenue	$935.32M	$1.09B	$1.30B	$1.41B	$1.53B	$2.38B	$3.04B	$2.66B	$2.63B	$2.60B
Gross profit	$512.42M	$584.79M	$725.04M	$797.75M	$957.65M	$1.36B	$1.52B	$1.37B	$1.67B	$1.61B
Research & development	$37.16M	$42.87M	$50.02M	$68.39M	$80.25M	$104.30M	$159.77M	$173.44M	$219.60M	$243.47M
Operating income	$202.75M	$250.63M	$357.18M	$372.16M	$479.11M	$721.14M	$566.33M	$386.20M	$536.74M	$289.19M
Interest expense	$44.57M	$42.67M	$40.96M	$41.54M	$32.99M	$32.95M	$54.83M	$97.63M	$89.71M	$70.70M
Pre-tax income	$153.70M	$203.70M	$311.08M	$319.61M	$446.19M	$691.53M	$508.47M	$290.30M	$409.44M	$199.06M
Income tax	$56.52M	$44.14M	$69.86M	$67.30M	$98.97M	$134.96M	$99.60M	$73.18M	$92.46M	$37.71M
Net income	$97.15M	$157.81M	$238.26M	$252.01M	$350.58M	$550.49M	$399.50M	$214.61M	$316.31M	$159.55M
EBITDA	$257.17M	$302.62M	$404.59M	$432.93M	$547.88M	$813.18M	$722.47M	$552.80M	$708.51M	$484.03M
EPS (basic)	$1.48	$2.56	$3.57	$4.09	$5.61	$8.51	$5.55	$3.31	$5.46	$2.73
EPS (diluted)	$1.47	$2.53	$3.54	$4.03	$5.48	$8.30	$5.42	$3.27	$5.39	$2.69
Diluted shares	65.38M	62.64M	62.23M	62.87M	63.74M	64.25M	64.68M	62.06M	60.35M	59.28M
Gross margin	35.4%	34.8%	35.8%	36.2%	38.5%	36.4%	33.3%	33.9%	38.8%	38.3%
Operating margin	14.0%	14.9%	17.7%	16.9%	19.3%	19.3%	12.4%	9.6%	12.5%	6.9%
Net margin	6.7%	9.4%	11.8%	11.4%	14.1%	14.7%	8.8%	5.3%	7.4%	3.8%

Balance sheet

fiscal years · USD

Fiscal year	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Cash & equivalents	$67.27M	$138.47M	$224.48M	$322.88M	$655.13M	$147.34M	$132.72M	$200.99M	$281.28M	$341.41M
Receivables	$241.86M	$279.30M	$326.13M	$319.54M	$374.91M	$546.47M	$522.46M	$537.32M	$612.11M	$602.74M
Inventory	$349.73M	$387.05M	$544.75M	$522.02M	$603.32M	$1.09B	$1.41B	$1.17B	$1.03B	$1.25B
Total current assets	$683.51M	$824.56M	$1.12B	$1.20B	$1.67B	$1.85B	$2.18B	$2.00B	$2.03B	$2.46B
Goodwill	$704.64M	$721.52M	$764.65M	$805.28M	$855.23M	$1.41B	$1.40B	$1.43B	$1.44B	$1.47B
Total assets	$1.87B	$2.03B	$2.43B	$2.67B	$3.24B	$4.88B	$5.17B	$5.09B	$5.11B	$5.57B
Total current liabilities	$341.94M	$396.42M	$560.71M	$497.06M	$641.52M	$1.16B	$992.04M	$880.77M	$1.03B	$1.22B
Short-term debt	$14.40M	$936.00K	$1.07M	$553.00K	$1.84M	$1.72M	$10.08M	$42.11M	$60.75M	$12.73M
Long-term debt	$1.05M	$935.06M	$900.81M	$832.24M	$833.99M	$882.06M	$1.37B	$1.43B	$1.21B	$1.19B
Total debt	$15.45M	$935.99M	$901.89M	$832.79M	$835.83M	$883.78M	$1.38B	$1.48B	$1.27B	$1.21B
Total liabilities	$1.43B	$1.43B	$1.60B	$1.57B	$1.78B	$2.61B	$2.80B	$2.74B	$2.61B	$2.93B
Shareholders' equity	$401.12M	$554.04M	$760.55M	$1.03B	$1.39B	$2.21B	$2.26B	$2.34B	$2.49B	$2.63B

Cash flow

fiscal years · USD

Fiscal year	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Operating cash flow	$241.12M	$257.32M	$247.23M	$308.89M	$486.53M	$411.16M	$58.52M	$521.67M	$741.30M	$437.98M
Capital expenditures	$30.47M	$33.26M	$47.60M	$60.80M	$62.13M	$109.99M	$86.19M	$129.06M	$136.73M	$169.85M
Free cash flow	$210.66M	$224.06M	$199.63M	$248.09M	$424.40M	$301.16M	-$27.67M	$392.61M	$604.57M	$268.13M
Investing cash flow	-$93.53M	-$28.13M	-$108.89M	-$170.08M	-$124.09M	-$817.29M	-$134.23M	-$178.06M	-$208.71M	-$172.90M
Financing cash flow	-$195.71M	-$160.14M	-$52.03M	-$41.92M	-$30.43M	-$102.97M	$64.04M	-$277.14M	-$448.83M	-$212.72M
Dividends paid	$76.00K	$0	$314.00K	$285.00K	$0	$0	$309.00K	$0	$273.00K	$293.00K
Share buybacks	$149.94M	$30.01M	$25.66M	$0	$0	$125.99M	$345.84M	$251.51M	$152.74M	$147.92M
Stock-based compensation	$9.49M	$10.21M	$14.56M	$16.69M	$20.88M	$23.95M	$29.48M	$35.49M	$49.25M	$49.95M
Depreciation & amortization	$54.42M	$51.99M	$47.41M	$60.77M	$68.77M	$92.04M	$156.14M	$166.60M	$171.77M	$194.84M

Income statement

quarters · USD

Quarter ended	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Revenue	$1.06B	$889.27M	$998.20M	$1.17B	$1.23B	$942.12M	$1.06B	$1.11B	$1.09B	$1.06B	$1.17B	$1.29B
Cost of revenue	$674.95M	$572.89M	$622.64M	$701.29M	$733.38M	$570.13M	$644.42M	$687.43M	$695.42M	$649.13M	$651.70M	$778.74M
Gross profit	$388.72M	$316.38M	$375.56M	$472.27M	$501.42M	$371.99M	$416.75M	$426.92M	$396.08M	$410.24M	$521.81M	$516.04M
Research & development	$44.37M	$49.41M	$54.00M	$56.94M	$59.26M	$62.05M	$60.35M	$60.06M	$61.01M	$62.66M	$65.78M	$63.83M
Operating income	$150.97M	$66.87M	$103.23M	$168.62M	$198.01M	$83.64M	$111.79M	$103.08M	-$9.31M	$117.29M	$210.43M	$160.58M
Interest expense	$24.77M	$23.61M	$23.32M	$22.91M	$19.88M	$17.11M	$18.24M	$18.46M	$16.88M	$15.38M	$16.79M	$16.38M
Pre-tax income	$126.81M	$38.51M	$78.69M	$147.23M	$145.00M	$58.51M	$89.85M	$78.34M	-$27.64M	$96.76M	$189.71M	$143.15M
Income tax	$30.00M	$12.03M	$19.64M	$33.45M	$27.34M	$14.24M	$15.42M	$11.76M	-$3.71M	$23.65M	$46.70M	$34.20M
Net income	$96.60M	$26.23M	$59.12M	$113.74M	$117.23M	$43.84M	$74.02M	$66.16M	-$24.46M	$73.25M	$143.24M	$109.22M
EBITDA	$193.42M	$108.77M	$146.12M	$211.78M	$241.85M	$129.78M	$160.11M	$152.29M	$41.85M	$142.88M	$268.84M	$217.87M
EPS (basic)	$1.59	$0.39	$0.99	$1.91	$2.17	$0.74	$1.27	$1.14	$-0.41	$1.25	$2.44	$1.86
EPS (diluted)	$1.57	$0.39	$0.97	$1.89	$2.14	$0.73	$1.25	$1.12	$-0.41	$1.24	$2.40	$1.83
Diluted shares	-304.36K	60.49M	60.64M	60.31M	-125.07K	59.75M	59.02M	59.12M	-38.84K	59.23M	59.64M	59.56M
Gross margin	36.5%	35.6%	37.6%	40.2%	40.6%	39.5%	39.3%	38.3%	36.3%	38.7%	44.5%	39.9%
Operating margin	14.2%	7.5%	10.3%	14.4%	16.0%	8.9%	10.5%	9.3%	-0.9%	11.1%	17.9%	12.4%
Net margin	9.1%	2.9%	5.9%	9.7%	9.5%	4.7%	7.0%	5.9%	-2.2%	6.9%	12.2%	8.4%

Balance sheet

quarters · USD

Quarter ended	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Cash & equivalents	$200.99M	$249.35M	$218.32M	$214.18M	$281.28M	$187.46M	$223.53M	$300.01M	$341.41M	$265.53M	$264.92M	$393.67M
Receivables	$537.32M	$520.73M	$610.32M	$658.65M	$612.11M	$590.12M	$648.74M	$680.08M	$602.74M	$626.58M	$669.20M	$846.04M
Inventory	$1.17B	$1.18B	$1.15B	$1.10B	$1.03B	$1.10B	$1.25B	$1.33B	$1.25B	$1.25B	$1.24B	$1.29B
Total current assets	$2.00B	$2.05B	$2.06B	$2.07B	$2.03B	$1.99B	$2.25B	$2.50B	$2.46B	$2.45B	$2.43B	$2.80B
Goodwill	$1.43B	$1.43B	$1.43B	$1.45B	$1.44B	$1.44B	$1.47B	$1.47B	$1.47B	$1.49B	$1.65B	$1.65B
Total assets	$5.09B	$5.13B	$5.12B	$5.19B	$5.11B	$5.06B	$5.39B	$5.60B	$5.57B	$5.59B	$5.77B	$6.14B
Total current liabilities	$880.77M	$897.90M	$912.56M	$1.02B	$1.03B	$1.01B	$1.12B	$1.15B	$1.22B	$1.21B	$1.19B	$1.42B
Short-term debt	$42.11M	$39.03M	$44.89M	$53.19M	$60.75M	$64.55M	$67.42M	$8.06M	$12.73M	$16.30M	$21.28M	$25.54M
Long-term debt	$1.43B	$1.42B	$1.42B	$1.37B	$1.21B	$1.20B	$1.28B	$1.28B	$1.19B	$1.19B	$1.19B	$1.19B
Total debt	$1.48B	$1.46B	$1.46B	$1.43B	$1.27B	$1.26B	$1.35B	$1.29B	$1.21B	$1.21B	$1.21B	$1.22B
Total liabilities	$2.74B	$2.75B	$2.75B	$2.77B	$2.61B	$2.59B	$2.81B	$2.95B	$2.93B	$2.92B	$2.89B	$3.13B
Shareholders' equity	$2.34B	$2.37B	$2.37B	$2.41B	$2.49B	$2.47B	$2.57B	$2.64B	$2.63B	$2.67B	$2.88B	$3.01B

Cash flow

quarters · USD

Quarter ended	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Operating cash flow	$316.95M	$111.90M	$77.66M	$212.28M	$339.45M	$58.15M	$72.19M	$118.38M	$189.26M	$119.28M	$121.21M	$170.99M
Capital expenditures	$51.34M	$26.82M	$27.95M	$28.63M	$53.33M	$30.94M	$57.72M	$21.88M	$59.32M	$29.40M	$58.29M	$39.25M
Free cash flow	$265.60M	$85.08M	$49.71M	$183.66M	$286.12M	$27.21M	$14.47M	$96.50M	$129.94M	$89.89M	$62.92M	$131.74M
Investing cash flow	-$79.62M	-$26.64M	-$47.39M	-$67.76M	-$66.93M	-$33.54M	-$59.77M	-$22.23M	-$57.37M	-$153.75M	-$122.09M	-$36.96M
Financing cash flow	-$199.57M	-$36.33M	-$60.18M	-$150.06M	-$202.27M	-$119.72M	$18.40M	-$19.98M	-$91.42M	-$41.38M	$604.00K	-$4.67M
Dividends paid	—	—	—	$0	$273.00K	—	—	$0	$0	—	—	$0
Share buybacks	$151.25M	$0	$50.61M	$102.13M	$0	$97.45M	$50.46M	$0	$0	$0	$0	$0
Stock-based compensation	$5.19M	$12.44M	$12.71M	$13.12M	$10.98M	$11.61M	$14.75M	$12.75M	$10.84M	$13.44M	$14.01M	$13.04M
Depreciation & amortization	$42.45M	$41.90M	$42.88M	$43.15M	$43.83M	$46.14M	$48.32M	$49.21M	$51.16M	$25.59M	$58.41M	$57.29M

Quarterly figures are rebuilt from the year-to-date totals companies report — Q4 is the full year minus the first nine months, since no 10-Q is filed for it. Values are as filed; later restatements replace earlier ones. Fiscal years are labelled by the calendar year in which they end.