Generac Reports Third Quarter 2026 Results
Key Highlights
- ➤Q3 net sales rose 16% to a record $1.29 billion
- ➤Adjusted EPS increased to $2.54 from $1.83 year over year
- ➤Data center backlog reached approximately $4.5 billion
- ➤Amazon agreement covers $2.4 billion of initial 2027-2028 deliveries
- ➤2026 adjusted EBITDA margin guidance raised to approximately 20.5%-21.0%
Expert Statements
Aaron Jagdfeld, President and Chief Executive Officer of Generac
“I’m incredibly proud of our team’s efforts as our third quarter results reflect an all-time record for net sales as we continued to see tremendous momentum in our C&I segment during the third quarter with significant additional commitments from data center customers providing further confidence in our position as a leading provider to this large and rapidly growing market”
Aaron Jagdfeld, President and Chief Executive Officer of Generac
“Following the recently announced agreement with Amazon, along with other wins from both new and existing customers, our backlog for products to be sold to the data center market has now grown to approximately $4.5 billion, and we continue to execute on our previously announced capacity expansion plans that will allow us to capture this generational growth opportunity.”
Aaron Jagdfeld, President and Chief Executive Officer of Generac
“Additionally, our Residential segment returned to strong year-over-year growth during the quarter as the mega-trends around lower power quality supported an impressive increase in shipments of home standby and portable generators relative to the prior year period.”
WAUKESHA, Wisc., Oct. 28, 2026 (GLOBE NEWSWIRE) -- Generac Holdings Inc. (NYSE: GNRC) (“Generac” or the “Company”), a leading global designer and manufacturer of energy technology solutions and other power products, today reported financial results for its third quarter ended September 30, 2026, and provided an update on its outlook for the full year 2026.
Third Quarter 2026 Highlights * Net sales increased 16% to a record $1.29 billion during the third quarter of 2026 as compared to $1.11 billion in the prior year third quarter. Acquisitions, divestitures and foreign currency had a net favorable impact of 1% to sales growth during the quarter. * Commercial & Industrial (“C&I”) segment external net sales increased approximately 28% to $552 million as compared to $432 million in the prior year. * Residential segment external net sales increased approximately 9% to $743 million as compared to $682 million in the prior year.
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