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GENERAC HOLDINGS (GNRC) Stock News

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Generac Holdings Inc. reports news on its energy technology and power products business, including generators, energy storage systems, energy management devices and outdoor power equipment for residential, commercial, data center, telecom, rental and industrial markets.

Recurring developments include earnings and segment updates for Residential and Commercial & Industrial, product launches such as diesel generators and DR Power outdoor equipment, storm-readiness initiatives tied to backup power, and distributed energy resource collaborations for resiliency, demand response and grid capacity. Company updates also cover investor presentations, manufacturing-industry governance participation, and market demand for home standby, portable and mission-critical power solutions.

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ecobee introduced Home Summary, an opt-in AI-powered feature that brings household activity into a daily view in its app. The rollout began October 29, 2026. It combines heating, cooling, security, occupancy and weather information, with solar and battery insights.

New Smart Security features, including activity summaries, video descriptions and natural-language search, are scheduled to begin rolling out by year-end, with availability varying by subscription plan.

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Generac Holdings (NYSE: GNRC) reported record third-quarter 2026 net sales of $1.29 billion, with growth in both business segments. Sales rose 16% year over year. Net income attributable to Generac increased to $109 million from $66 million, while diluted earnings per share rose to $1.83 from $1.12. Gross margin increased to 39.9% from 38.3%.

Commercial & Industrial external sales rose approximately 28%; Residential external sales increased approximately 9%. Data center backlog reached approximately $4.5 billion. Under its Amazon supply agreement, Generac expects initial deliveries totaling a combined $2.4 billion in 2027 and 2028. Quarterly operating cash flow rose to $171.0 million from $118.4 million. Generac maintained its full-year sales growth outlook in the mid-to-high teens percent range and raised its adjusted EBITDA margin outlook to approximately 20.5–21.0% from approximately 20.0–21.0%.

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Generac (NYSE: GNRC) plans to release its third quarter 2026 financial results before the market opens on October 28, 2026. Management will discuss the results on a conference call at 10:00 a.m. EDT that day. A webcast will be accessible through the Investor Relations section of Generac’s website, with a replay available afterward.

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Generac (NYSE: GNRC) reported second quarter 2026 net sales of $1.17 billion, up 11% year over year, driven by a 29% increase in Commercial & Industrial (C&I) sales to $556 million, while Residential sales declined 2% to $617 million.

Net income attributable to the company rose to $143 million ($2.40 per diluted share) from $74 million ($1.25). Adjusted net income was $174 million ($2.91 per share), and adjusted EBITDA reached $291 million, or 24.8% of sales, versus 17.7% a year ago, including a pre-tax $71 million benefit from tariff refunds. Operating cash flow increased to $121 million and free cash flow to $63 million.

Generac highlighted rapid growth in data center demand, citing a global supply agreement with a hyperscale customer that commits nearly $700 million of 2027 volume and a second global supply agreement signed June 24. Data center product backlog has expanded to approximately $1.6 billion. For 2026, the company maintained net sales growth guidance in the mid-to-high teens and raised net income margin guidance to 9.0–10.0% and adjusted EBITDA margin guidance to 20.0–21.0%, largely reflecting tariff refunds.

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Generac (NYSE: GNRC) will release its second quarter 2026 financial results before the market opens on Wednesday, July 29, 2026. The company describes itself as a leading global designer, manufacturer, and provider of energy technology solutions and other power products.

According to Generac, management will host a conference call at 10:00 a.m. EDT on July 29, 2026 to discuss highlights of the earnings release. A live webcast of the call will be accessible via https://edge.media-server.com/mmc/p/zrzjabf4 and through the Investor Relations section of Generac’s website (www.generac.com), under Events.

The company plans to make the webcast link available on its website before the call begins, and a replay of the webcast will be available on the company’s website following the live event, offering ongoing access for investors and other interested parties.

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Generac (NYSE: GNRC) promoted Niccolò Borracchini to Executive Vice President – International, effective immediately. He will lead Generac and Pramac-branded businesses outside the U.S. and Canada and report directly to CEO Aaron Jagdfeld as part of the Executive Leadership Team.

The move follows the July 1, 2026 retirement of long-time leader Paolo Campinoti from his executive role, after more than 30 years at Pramac. Campinoti will continue supporting Generac’s international commercial and industrial growth as President – International Development in a consulting and advisory capacity.

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Generac (NYSE: GNRC) acquired a new facility in Belvidere, Illinois to expand packaging capacity for large-megawatt generators, targeting rising demand from data centers and other mission-critical applications.

The strategically located plant complements the Enercon Engineering acquisition, strengthens U.S. manufacturing, and is expected to add over 100 jobs when it opens in Q1 2027.

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Generac (NYSE:GNRC) announced its SD3250 3.25MW diesel generator was named Gold winner in the Power Generation & Electrical Infrastructure category of the 2026 Consulting-Specifying Engineer Product of the Year awards.

The unit is Generac's largest diesel generator, targeting mission-critical applications across data centers, healthcare and infrastructure, and is part of a new 1.75–3.25MW series. The recognition follows investments in C&I growth, including collaboration with EPC Power, acquiring Enercon, and expanding manufacturing in Wisconsin.

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Generac (NYSE: GNRC) announced a global supply agreement with a leading hyperscale data center operator to provide backup power generators for data center infrastructure worldwide. The deal follows a rigorous qualification process and leverages Generac’s C&I investments, Enercon acquisition, EPC Power collaboration, and expanding manufacturing footprint across the US and key international regions.

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Generac (NYSE: GNRC) released its 2026 Hurricane Preparedness Guide on May 5, 2026, marking the guide's 10th anniversary and expanding data on high-risk zones and outage costs.

The guide cites Colorado State University's Atlantic forecast (13 named storms, six hurricanes, two major) and notes nearly 1.5 billion outage hours in 2024, plus storm impacts including 9.5 million outages and $113 billion in damages from recent major storms.

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FAQ

What is the current stock price of GENERAC HOLDINGS (GNRC)?

GENERAC HOLDINGS (GNRC) last closed at $197.93.

What is the market cap of GENERAC HOLDINGS (GNRC)?

The market cap of GENERAC HOLDINGS (GNRC) is approximately $11.7B.