Generac Holdings Inc's income statement, balance sheet and cash flow statement as filed with the SEC (10-K and 10-Q), with the latest fiscal years and quarters. In its latest fiscal year (Dec 31, 2025 · FY), Generac Holdings Inc reported revenue of $4.2B (-2.0% year on year) and net income of $161.4M (-49.1% year on year).
| Line item | Dec 31, 2025 · FY | Dec 31, 2024 · FY | Dec 31, 2023 · FY | Dec 31, 2022 · FY |
|---|---|---|---|---|
| Net sales | $4.2B | $4.3B | $4.0B | $4.6B |
| Costs of goods sold | $2.6B | $2.6B | $2.7B | $3.0B |
| Gross profit | $1.6B | $1.7B | $1.4B | $1.5B |
| Selling and service | $555.4M | $526.4M | $448.2M | $496.3M |
| Research and development | $243.5M | $219.6M | $173.4M | $159.8M |
| General and administrative | $422.2M | $285.1M | $252.9M | $194.9M |
| Amortization of intangibles | $101.5M | $97.7M | $104.2M | $103.3M |
| Total operating expenses | $1.3B | $1.1B | $979.2M | $955.7M |
| Income from operations | $289.2M | $536.7M | $386.2M | $566.3M |
| Interest expense | ($70.7M) | ($89.7M) | ($97.6M) | ($54.8M) |
| Investment income | $7.7M | $7.6M | $4.3M | $1.1M |
| Change in fair value of investments | ($20.6M) | ($38.0M) | — | — |
| Loss on refinancing of debt | ($1.2M) | — | — | — |
| Other, net | ($5.3M) | ($2.3M) | ($2.5M) | ($424.0K) |
| Total other expense, net | ($90.1M) | ($127.3M) | ($95.9M) | ($57.9M) |
| Income before provision for income taxes | $199.1M | $409.4M | $290.3M | $508.5M |
| Provision for income taxes | $37.7M | $92.5M | $73.2M | $99.6M |
| Net income | $161.4M | $317.0M | $217.1M | $408.9M |
| Net income attributable to noncontrolling interests | $1.8M | $663.0K | $2.5M | $9.4M |
| Net income attributable to Generac Holdings Inc. | $159.6M | $316.3M | $214.6M | $399.5M |
| Foreign currency translation adjustment | $99.8M | ($62.8M) | $58.0M | ($48.8M) |
| Net unrealized loss on derivatives | ($12.9M) | ($7.7M) | ($8.0M) | $38.5M |
| Other comprehensive income (loss) | $87.0M | ($70.5M) | $50.0M | ($10.3M) |
| Total comprehensive income | $248.3M | $246.5M | $267.1M | $398.5M |
| Comprehensive income attributable to noncontrolling interests | $2.5M | $405.0K | $2.6M | $11.2M |
| Comprehensive income attributable to Generac Holdings Inc. | $245.8M | $246.1M | $264.5M | $387.3M |
| Net income attributable to Generac Holdings Inc. per common share - basic: (in dollars per share) | $2.73 | $5.46 | $3.31 | $5.55 |
| Weighted average common shares outstanding - basic: (in shares) | 58.5M | 59.6M | 61.3M | 63.1M |
| Net income attributable to Generac Holdings Inc. per common share - diluted: (in dollars per share) | $2.69 | $5.39 | $3.27 | $5.42 |
| Weighted average common shares outstanding - diluted: (in shares) | 59.3M | 60.4M | 62.1M | 64.7M |
| Line item | Jun 30, 2026 · Q2 | Mar 31, 2026 · Q1 | Sep 30, 2025 · Q3 | Jun 30, 2025 · Q2 |
|---|---|---|---|---|
| Net sales | $1.2B | $1.1B | $1.1B | $1.1B |
| Costs of goods sold | $651.7M | $649.1M | $687.4M | $644.4M |
| Gross profit | $521.8M | $410.2M | $426.9M | $416.7M |
| Selling and service | $141.6M | $123.6M | $145.1M | $139.5M |
| Research and development | $65.8M | $62.7M | $60.1M | $60.4M |
| General and administrative | $73.2M | $76.3M | $93.7M | $79.4M |
| Amortization of intangibles | $30.8M | $30.4M | $24.9M | $25.7M |
| Total operating expenses | $311.4M | $292.9M | $323.8M | $305.0M |
| Income from operations | $210.4M | $117.3M | $103.1M | $111.8M |
| Interest expense | ($16.8M) | ($15.4M) | ($18.5M) | ($18.2M) |
| Investment income | $3.6M | $1.7M | $1.6M | $1.7M |
| Change in fair value of investments | $5.9M | ($1.4M) | ($5.7M) | ($1.5M) |
| Loss attributable to business dispositions | ($13.5M) | — | — | — |
| Other, net | $39.0K | ($5.5M) | ($1.0M) | ($3.9M) |
| Total other expense, net | ($20.7M) | ($20.5M) | ($24.7M) | ($21.9M) |
| Income before provision for income taxes | $189.7M | $96.8M | $78.3M | $89.9M |
| Provision for income taxes | $46.7M | $23.6M | $11.8M | $15.4M |
| Net income | $143.0M | $73.1M | $66.6M | $74.4M |
| Net (loss) income attributable to noncontrolling interests | ($234.0K) | ($141.0K) | $419.0K | $414.0K |
| Net income attributable to Generac Holdings Inc. | $143.2M | $73.3M | $66.2M | $74.0M |
| Net income attributable to Generac Holdings Inc. per common share - basic: (in dollars per share) | $2.44 | $1.25 | $1.14 | $1.27 |
| Weighted average common shares outstanding - basic: (in shares) | 58.8M | 58.4M | 58.3M | 58.5M |
| Net income attributable to Generac Holdings Inc. per common share - diluted: (in dollars per share) | $2.40 | $1.24 | $1.12 | $1.25 |
| Weighted average common shares outstanding - diluted: (in shares) | 59.6M | 59.2M | 59.1M | 59.0M |
| Comprehensive income attributable to Generac Holdings Inc. | $143.2M | $54.8M | $60.8M | $137.6M |
| Line item | Dec 31, 2025 · FY | Dec 31, 2024 · FY | Dec 31, 2023 · FY | Dec 31, 2022 · FY |
|---|---|---|---|---|
| Cash and cash equivalents | $341.4M | $281.3M | $201.0M | $132.7M |
| Accounts receivable, less allowance for credit losses of $34,504 and $35,465 as of December 31, 2025 and 2024, respectively | $602.7M | $612.1M | $537.3M | $522.5M |
| Inventories | $1.2B | $1.0B | $1.2B | $1.4B |
| Prepaid expenses and other assets | $269.5M | $107.1M | $91.9M | $121.8M |
| Total current assets | $2.5B | $2.0B | $2.0B | $2.2B |
| Property, Plant and Equipment, Net | $813.6M | $690.0M | $598.6M | $467.6M |
| Customer lists, net | $127.5M | $152.7M | $184.5M | $207.0M |
| Patents and technology, net | $338.3M | $379.1M | $417.4M | $454.8M |
| Other intangible assets, net | $10.0M | $20.0M | $27.1M | $41.7M |
| Tradenames, net | $199.4M | $206.7M | $217.0M | $227.3M |
| Goodwill | $1.5B | $1.4B | $1.4B | $1.4B |
| Deferred income taxes | $41.9M | $24.1M | $15.5M | $12.7M |
| Operating Lease, Right-of-Use Asset and Other Assets, Noncurrent | $113.3M | $168.2M | $203.1M | $175.2M |
| Total assets | $5.6B | $5.1B | $5.1B | $5.2B |
| Short-term borrowings | $50.6M | $55.8M | $81.8M | $49.0M |
| Accounts payable | $436.6M | $458.7M | $340.7M | $446.1M |
| Accrued wages and employee benefits | $69.8M | $81.5M | $55.0M | $45.7M |
| Accrued product warranty | $44.7M | $56.1M | $65.3M | $89.1M |
| Other Accrued Liabilities, Current | $591.4M | $313.4M | $292.1M | $349.4M |
| Long-Term Debt and Lease Obligation, Current | $22.2M | $67.6M | $45.9M | $12.7M |
| Total current liabilities | $1.2B | $1.0B | $880.8M | $992.0M |
| Long-Term Debt and Lease Obligation | $1.3B | $1.2B | $1.4B | $1.4B |
| Deferred income taxes | $60.9M | $33.2M | $90.0M | $125.7M |
| Deferred revenue | $232.9M | $193.3M | $167.0M | — |
| Operating Lease, Liability, Noncurrent And Other Long-term Liabilities | $165.2M | $141.5M | $158.3M | $312.9M |
| Total liabilities | $2.9B | $2.6B | $2.7B | $2.8B |
| Redeemable noncontrolling interest | $742.0K | $0 | $6.5M | $110.5M |
| Common stock, par value $0.01, 500,000,000 shares authorized, 74,050,753 and 73,785,631 shares issued as of December 31, 2025 and 2024, respectively | 741.0K | 738.0K | 733.0K | 728.0K |
| Additional paid-in capital | $1.2B | $1.1B | $1.1B | $1.0B |
| Treasury stock, at cost, 15,373,990 and 14,173,697 shares as of December 31, 2025 and 2024, respectively | -1.4B | -1.2B | -1.0B | — |
| Excess purchase price over predecessor basis | ($202.1M) | ($202.1M) | ($202.1M) | ($202.1M) |
| Retained earnings | $3.0B | $2.8B | $2.5B | $2.3B |
| Accumulated other comprehensive income (loss) | $874.0K | ($85.4M) | ($15.1M) | ($65.1M) |
| Stockholders’ equity attributable to Generac Holdings Inc. | $2.6B | $2.5B | $2.3B | $2.3B |
| Noncontrolling interests | $5.9M | $3.2M | $2.8M | $1.9M |
| Total stockholders’ equity | $2.6B | $2.5B | $2.3B | $2.3B |
| Total liabilities and stockholders’ equity | $5.6B | $5.1B | $5.1B | $5.2B |
| Line item | Jun 30, 2026 | Mar 31, 2026 | Sep 30, 2025 | Jun 30, 2025 |
|---|---|---|---|---|
| Cash and cash equivalents | $264.9M | $265.5M | $300.0M | $223.5M |
| Accounts receivable, less allowance for credit losses of $33,767 and $34,504 at June 30, 2026 and December 31, 2025, respectively | $669.2M | $626.6M | $680.1M | $648.7M |
| Inventories | $1.2B | $1.3B | $1.3B | $1.3B |
| Prepaid expenses and other current assets | $260.4M | $305.1M | $192.3M | $119.3M |
| Total current assets | $2.4B | $2.4B | $2.5B | $2.2B |
| Property and equipment, net | $862.6M | $819.6M | $778.6M | $766.7M |
| Customer lists, net | $159.3M | $137.1M | $136.0M | $146.1M |
| Patents and technology, net | $313.7M | $330.1M | $350.1M | $361.6M |
| Other intangible assets, net | $7.4M | $7.8M | $12.7M | $15.1M |
| Tradenames, net | $221.1M | $213.7M | $201.4M | $203.8M |
| Goodwill | $1.7B | $1.5B | $1.5B | $1.5B |
| Deferred income taxes | $8.1M | $38.2M | $20.1M | $42.2M |
| Operating lease and other assets | $114.9M | $111.0M | $131.9M | $138.9M |
| Total assets | $5.8B | $5.6B | $5.6B | $5.4B |
| Short-term borrowings | $48.3M | $44.0M | $46.0M | $54.3M |
| Accounts payable | $556.1M | $462.8M | $620.7M | $596.3M |
| Accrued wages and employee benefits | $62.4M | $55.6M | $68.3M | $55.0M |
| Accrued product warranty | $43.5M | $41.6M | $44.7M | $48.9M |
| Other accrued liabilities | $447.8M | $577.4M | $349.5M | $291.3M |
| Current portion of long-term borrowings and finance lease obligations | $32.1M | $26.4M | $17.1M | $75.6M |
| Total current liabilities | $1.2B | $1.2B | $1.1B | $1.1B |
| Long-term borrowings and finance lease obligations | $1.2B | $1.3B | $1.4B | $1.3B |
| Deferred income taxes | $54.3M | $56.8M | $62.1M | $34.7M |
| Deferred revenue | $227.8M | $236.5M | $208.9M | $200.5M |
| Operating lease and other long-term liabilities | $173.0M | $163.4M | $174.0M | $164.3M |
| Total liabilities | $2.9B | $2.9B | $2.9B | $2.8B |
| Redeemable non-controlling interest | $367.0K | $602.0K | $930.0K | — |
| Common stock, par value $0.01, 500,000,000 shares authorized, 74,234,629 and 74,050,753 shares issued at June 30, 2026 and December 31, 2025, respectively | 742.0K | 742.0K | 741.0K | 740.0K |
| Additional paid-in capital | $1.2B | $1.2B | $1.2B | $1.2B |
| Treasury stock, at cost, 15,228,990 and 15,373,990 shares at June 30, 2026 and December 31, 2025, respectively | -1.3B | -1.4B | -1.4B | -1.4B |
| Excess purchase price over predecessor basis | ($202.1M) | ($202.1M) | ($202.1M) | ($202.1M) |
| Retained earnings | $3.2B | $3.1B | $3.0B | $3.0B |
| Accumulated other comprehensive (loss) income | ($17.6M) | ($17.5M) | ($2.3M) | $3.1M |
| Stockholders’ equity attributable to Generac Holdings Inc. | $2.9B | $2.7B | $2.6B | $2.6B |
| Noncontrolling interests | $5.0K | $6.0K | $5.2M | $4.7M |
| Total stockholders' equity | $2.9B | $2.7B | $2.6B | $2.6B |
| Total liabilities and stockholders’ equity | $5.8B | $5.6B | $5.6B | $5.4B |
| Line item | Dec 31, 2025 · FY | Dec 31, 2024 · FY | Dec 31, 2023 · FY | Dec 31, 2022 · FY |
|---|---|---|---|---|
| Net income | $161.4M | $317.0M | $217.1M | $408.9M |
| Depreciation and finance lease amortization | $93.3M | $74.0M | $62.4M | $52.8M |
| Amortization of intangible assets | $101.5M | $97.7M | $104.2M | $103.3M |
| Amortization of deferred financing costs and original issue discount | $2.4M | $3.2M | $3.9M | $3.2M |
| Change in fair value of investments | $20.6M | $38.0M | — | — |
| Loss on refinancing of debt | $1.2M | $4.9M | $0 | $3.7M |
| Deferred income tax expense (benefit) | $15.1M | ($60.6M) | ($34.5M) | ($95.5M) |
| Share-based compensation expense | $49.9M | $49.2M | $35.5M | $29.5M |
| Loss (gain) on disposal of assets | ($688.0K) | $138.0K | — | — |
| Loss attributable to the disposition of a business | $3.9M | — | — | — |
| Other noncash charges | $2.9M | $5.8M | $5.9M | $18.3M |
| Excess tax benefits from equity awards | ($404.0K) | ($5.1M) | ($977.0K) | ($16.9M) |
| Accounts receivable | $45.6M | ($82.8M) | ($18.3M) | $6.5M |
| Inventories | ($163.1M) | $123.0M | $262.7M | ($319.3M) |
| Other assets | ($40.1M) | $546.0K | $24.3M | $4.8M |
| Accounts payable | ($40.7M) | $123.6M | ($120.9M) | ($223.0M) |
| Accrued wages and employee benefits | ($13.6M) | $26.9M | $8.0M | ($27.4M) |
| Other accrued liabilities | $198.7M | $25.8M | ($27.3M) | $110.0M |
| Net cash provided by operating activities | $438.0M | $741.3M | $521.7M | $58.5M |
| Proceeds from sale of property and equipment | $3.1M | $211.0K | $2.9M | $2.1M |
| Proceeds from beneficial interest in securitization transactions | $0 | $0 | $3.3M | $3.6M |
| Contribution to tax equity investment | $0 | ($1.6M) | ($6.6M) | ($14.9M) |
| Purchase of long-term investments | ($3.0M) | ($37.8M) | ($32.6M) | ($15.0M) |
| Proceeds from sale of long-term investments | $0 | $2.0M | $0 | $1.3M |
| Expenditures for property and equipment | ($169.8M) | ($136.7M) | ($129.1M) | ($86.2M) |
| Acquisition of businesses, net of cash acquired | ($762.0K) | ($34.7M) | ($16.0M) | ($25.1M) |
| Other investing activities | ($2.3M) | — | — | — |
| Net cash used in investing activities | ($172.9M) | ($208.7M) | ($178.1M) | ($134.2M) |
| Proceeds from short-term borrowings | $36.4M | $29.2M | $64.3M | $248.2M |
| Proceeds from long-term borrowings | $132.8M | $541.5M | $348.8M | $1.0B |
| Repayments of short-term borrowings | ($48.2M) | ($54.5M) | ($37.1M) | ($268.1M) |
| Repayments of long-term borrowings and finance lease obligations | ($168.5M) | ($794.6M) | ($288.7M) | ($542.2M) |
| Stock repurchases | ($147.9M) | ($152.7M) | ($251.5M) | ($345.8M) |
| Payment of debt issuance costs | ($5.3M) | ($3.6M) | $0 | ($10.3M) |
| Payment of contingent acquisition consideration | ($2.7M) | $0 | ($5.0M) | ($16.1M) |
| Payment of deferred acquisition consideration | ($603.0K) | ($7.4M) | — | — |
| Contributions received from noncontrolling interest in subsidiary | $979.0K | — | — | — |
| Dividends paid to noncontrolling interest of subsidiary | ($293.0K) | ($273.0K) | $0 | ($309.0K) |
| Purchase of additional ownership interest | $0 | ($9.1M) | ($104.8M) | ($375.0K) |
| Taxes paid related to equity awards | ($14.3M) | ($24.8M) | ($10.9M) | ($40.9M) |
| Proceeds from the exercise of stock options | $4.9M | $27.6M | $7.8M | $13.8M |
| Net cash used in financing activities | ($212.7M) | ($448.8M) | ($277.1M) | $64.0M |
| Net increase in cash and cash equivalents | $60.1M | $80.3M | $68.3M | ($14.6M) |
| Cash and cash equivalents at beginning of period | $281.3M | $201.0M | $132.7M | $147.3M |
| Cash and cash equivalents at end of period | $341.4M | $281.3M | $201.0M | $132.7M |
| Line item | Jun 30, 2026 · YTD | Mar 31, 2026 · Q1 | Sep 30, 2025 · YTD | Jun 30, 2025 · YTD |
|---|---|---|---|---|
| Net income | $216.1M | $73.1M | $185.3M | $118.7M |
| Depreciation and finance lease amortization | $53.2M | $25.6M | $67.6M | $43.3M |
| Amortization of intangible assets | $61.2M | $30.4M | $76.1M | $51.2M |
| Amortization of deferred financing costs and original issue discount | $1.1M | $535.0K | $1.8M | $1.3M |
| Change in fair value of investments | ($4.5M) | $1.4M | $17.1M | $11.5M |
| Deferred income tax expense (benefit) | $26.4M | $3.7M | $32.4M | ($18.7M) |
| Share-based compensation expense | $27.4M | $13.4M | $39.1M | $26.4M |
| Loss on disposal of assets | $211.0K | $218.0K | $553.0K | $602.0K |
| Loss attributable to business dispositions | $18.2M | $4.8M | $3.9M | $3.9M |
| Other noncash charges | $2.2M | $552.0K | $2.4M | $1.5M |
| Excess tax benefits from equity awards | ($3.4M) | ($2.8M) | ($476.0K) | $90.0K |
| Accounts receivable | ($64.4M) | ($15.1M) | ($32.0M) | ($485.0K) |
| Inventories | $14.9M | $13.9M | ($273.1M) | ($199.3M) |
| Other assets | ($105.3M) | ($44.2M) | ($53.1M) | $8.0M |
| Accounts payable | $116.4M | $40.1M | $143.6M | $129.5M |
| Accrued wages and employee benefits | ($8.1M) | ($13.7M) | ($15.1M) | ($28.3M) |
| Other accrued liabilities | ($111.0M) | ($12.7M) | $51.2M | ($18.8M) |
| Net cash provided by operating activities | $240.5M | $119.3M | $248.7M | $130.3M |
| Proceeds from sale of property and equipment | $10.0K | $0 | $35.0K | $0 |
| Purchase of long-term investments | $0 | $0 | ($3.0M) | ($2.7M) |
| Expenditures for property and equipment | ($87.7M) | ($29.4M) | ($110.5M) | ($88.7M) |
| Acquisition of businesses, net of cash acquired | ($211.8M) | ($122.8M) | $0 | $0 |
| Proceeds (payments) from sale of businesses, net of cash disposed | $23.7M | — | — | — |
| Net cash used in investing activities | ($275.8M) | ($153.8M) | ($115.5M) | ($93.3M) |
| Proceeds from short-term borrowings | $22.7M | $14.1M | $30.9M | $21.9M |
| Proceeds from long-term borrowings | $82.5M | $243.0K | $134.7M | $92.6M |
| Repayments of short-term borrowings | ($25.6M) | ($21.0M) | ($47.3M) | ($30.2M) |
| Repayments of long-term borrowings and finance lease obligations | ($93.1M) | ($6.2M) | ($75.7M) | ($29.0M) |
| Stock repurchases | $0 | $0 | ($147.9M) | ($147.9M) |
| Payment of deferred acquisition consideration | ($958.0K) | ($1.1M) | $0 | $0 |
| Cash dividends paid to noncontrolling interest of subsidiary | $0 | — | ($293.0K) | ($293.0K) |
| Taxes paid related to equity awards | ($36.7M) | ($34.6M) | ($12.9M) | ($9.4M) |
| Proceeds from the exercise of stock options | $10.3M | $7.2M | $4.2M | $1.0M |
| Net cash used in financing activities | ($40.8M) | ($41.4M) | ($121.3M) | ($101.3M) |
| Effect of foreign exchange rate changes on cash and cash equivalents | ($367.0K) | ($36.0K) | $6.8M | $6.5M |
| Net decrease in cash and cash equivalents | ($76.5M) | ($75.9M) | $18.7M | ($57.7M) |
| Cash and cash equivalents at beginning of period | $341.4M | $341.4M | $281.3M | $281.3M |
| Cash and cash equivalents at end of period | $264.9M | $265.5M | $300.0M | $223.5M |
Generac Holdings Inc score and earnings-call analysis · All covered companies
Figures as reported in SEC filings. General information, not investment advice.