Generac Reports Record $1.29 Billion Revenue, Adjusted EPS of $2.54

What happened

Generac reported record third-quarter 2026 net sales of $1.29 billion, up 16% from a year earlier. Net income was $109 million, or $1.83 per diluted share, and adjusted diluted earnings per share were $2.54.

Confirmed

Global impact / market context

Higher sales and a wider gross profit margin of 39.9% mean Generac kept more profit from each sale, which lifted operating income to $160.6 million. That stronger profitability supports the raised midpoint of its full-year adjusted EBITDA margin guidance.

Analyst inference

Generac's growth is tied to rising demand from the global data center market, which are large facilities that house computing equipment. Its data center product backlog, meaning orders not yet delivered, reached about $4.5 billion after new customer commitments.

Analyst inference

What to watch

1. Full-year 2026 sales growth guidance remains in the mid-to-high teens, while adjusted EBITDA margin is expected at 20.5% to 21.0%, which is a raised midpoint from prior guidance. Confirmed
2. Watch whether the roughly $4.5 billion data center product backlog converts into delivered sales, since the Amazon agreement covers expected generator deliveries that are not yet recognized as revenue. Analyst inference
3. Monitor whether lower shipments to domestic industrial distributor and telecom channels persist, because those weaker channels could offset international growth even as data center demand rises. Analyst inference

Evidence

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