Generac Holdings Inc. (GNRC) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 1.06B | 1.09B | 1.11B | 1.06B | 942.12M | 1.23B | 1.17B | 998.2M | 889.27M | 1.06B | 1.07B | 1B | 887.91M | 1.05B | 1.09B | 1.29B | 1.14B | 1.07B | 942.7M | 919.98M |
| Revenue Growth % | 12.44% | -11.6% | -5.05% | 6.31% | 5.94% | 16.09% | 9.61% | -0.22% | 0.15% | 1.38% | -1.62% | -22.53% | -21.83% | -1.67% | 15.44% | 40.37% | 40.67% | 40.2% | 34.41% | 68.23% |
| Cost of Goods Sold | 649.13M | 695.42M | 687.43M | 644.42M | 570.13M | 733.38M | 701.29M | 622.64M | 572.89M | 674.95M | 694.88M | 672M | 615.41M | 706.07M | 727.15M | 834.41M | 775.11M | 704.53M | 606.7M | 580.25M |
| COGS % of Revenue | 61.28% | 63.71% | 61.69% | 60.73% | 60.52% | 59.39% | 59.76% | 62.38% | 64.42% | 63.45% | 64.9% | 67.17% | 69.31% | 67.29% | 66.82% | 64.61% | 68.24% | 66.02% | 64.36% | 63.07% |
| Gross Profit | 410.24M | 396.08M | 426.92M | 416.75M | 371.99M | 501.42M | 472.27M | 375.56M | 316.38M | 388.72M | 375.79M | 328.42M | 272.5M | 343.17M | 361.1M | 456.99M | 360.75M | 362.54M | 335.99M | 339.74M |
| Gross Margin % | 38.72% | 36.29% | 38.31% | 39.27% | 39.48% | 40.61% | 40.24% | 37.62% | 35.58% | 36.55% | 35.1% | 32.83% | 30.69% | 32.71% | 33.18% | 35.39% | 31.76% | 33.98% | 35.64% | 36.93% |
| Gross Profit Growth % | 10.28% | -21.01% | -9.6% | 10.97% | 17.58% | 28.99% | 25.67% | 14.35% | 16.1% | 13.28% | 4.07% | -28.13% | -24.46% | -5.34% | 7.47% | 34.51% | 12.1% | 20.77% | 21.67% | 62.57% |
| Operating Expenses | 292.94M | 405.39M | 323.84M | 304.96M | 288.35M | 303.4M | 303.64M | 272.33M | 249.51M | 237.76M | 271.01M | 242.45M | 228.02M | 235.94M | 273.58M | 240.14M | 206.01M | 187.06M | 162.41M | 156.78M |
| OpEx % of Revenue | 27.65% | 37.14% | 29.06% | 28.74% | 30.61% | 24.57% | 25.87% | 27.28% | 28.06% | 22.35% | 25.31% | 24.23% | 25.68% | 22.49% | 25.14% | 18.6% | 18.14% | 17.53% | 17.23% | 17.04% |
| Selling, General & Admin | 199.91M | 318.98M | 238.85M | 218.93M | 200.81M | 220.1M | 222.55M | 193.54M | 175.35M | 167.67M | 200.98M | 172.11M | 160.37M | 170.4M | 207.84M | 172.67M | 140.22M | 118.54M | 123.04M | 120.39M |
| SG&A % of Revenue | 18.87% | 29.22% | 21.43% | 20.63% | 21.31% | 17.82% | 18.96% | 19.39% | 19.72% | 15.76% | 18.77% | 17.2% | 18.06% | 16.24% | 19.1% | 13.37% | 12.34% | 11.11% | 13.05% | 13.09% |
| Research & Development | 62.66M | 61.01M | 60.06M | 60.35M | 62.05M | 59.26M | 56.94M | 54M | 49.41M | 44.37M | 43.31M | 43.94M | 41.82M | 38.45M | 39.98M | 41.6M | 39.74M | 29.41M | 27.16M | 25.34M |
| R&D % of Revenue | 5.91% | 5.59% | 5.39% | 5.69% | 6.59% | 4.8% | 4.85% | 5.41% | 5.56% | 4.17% | 4.05% | 4.39% | 4.71% | 3.66% | 3.67% | 3.22% | 3.5% | 2.76% | 2.88% | 2.75% |
| Other Operating Expenses | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Operating Income | 117.29M | -9.31M | 103.08M | 111.79M | 83.64M | 198.01M | 168.62M | 103.23M | 66.87M | 150.97M | 104.78M | 85.97M | 44.48M | 107.23M | 87.52M | 216.84M | 154.74M | 175.48M | 173.58M | 182.95M |
| Operating Margin % | 11.07% | -0.85% | 9.25% | 10.53% | 8.88% | 16.04% | 14.37% | 10.34% | 7.52% | 14.19% | 9.79% | 8.59% | 5.01% | 10.22% | 8.04% | 16.79% | 13.62% | 16.45% | 18.41% | 19.89% |
| Operating Income Growth % | 40.24% | -104.7% | -38.87% | 8.29% | 25.08% | 31.16% | 60.94% | 20.08% | 50.32% | 40.79% | 19.71% | -60.35% | -71.25% | -38.89% | -49.58% | 18.53% | -18.18% | 2.59% | 11.53% | 104.29% |
| EBITDA | 117.29M | 41.85M | 152.29M | 160.11M | 129.78M | 241.85M | 211.78M | 146.12M | 108.77M | 193.42M | 147.73M | 127.22M | 84.43M | 146.65M | 126.69M | 255.94M | 193.2M | 204.84M | 196.79M | 204.18M |
| EBITDA Margin % | 11.07% | 3.83% | 13.67% | 15.09% | 13.78% | 19.59% | 18.05% | 14.64% | 12.23% | 18.18% | 13.8% | 12.72% | 9.51% | 13.98% | 11.64% | 19.82% | 17.01% | 19.2% | 20.88% | 22.19% |
| EBITDA Growth % | -9.62% | -82.7% | -28.09% | 9.58% | 19.31% | 25.04% | 43.36% | 14.85% | 28.82% | 31.9% | 16.61% | -50.29% | -56.3% | -28.41% | -35.62% | 25.35% | -6.83% | 7.96% | 13.88% | 91.98% |
| D&A (Non-Cash Add-back) | 0 | 51.16M | 49.21M | 48.32M | 46.14M | 43.83M | 43.15M | 42.88M | 41.9M | 42.45M | 42.95M | 41.25M | 39.95M | 39.42M | 39.16M | 39.1M | 38.46M | 29.36M | 23.22M | 21.23M |
| EBIT | 117.29M | -9.31M | 96.8M | 108.09M | 75.62M | 164.88M | 170.14M | 102.01M | 62.12M | 151.57M | 104.77M | 86.58M | 45.01M | 106.98M | 87.55M | 213.7M | 155.06M | 176.11M | 173.34M | 181.99M |
| Net Interest Income | -15.38M | -14.83M | -18.46M | -16.5M | -17.11M | -19.88M | -22.91M | -23.32M | -23.61M | -24.77M | -24.71M | -25.16M | -23M | -19.52M | -15.51M | -10.23M | -9.55M | -9.53M | -7.98M | -7.72M |
| Interest Income | 0 | 2.06M | 0 | 1.75M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 15.38M | 16.88M | 18.46M | 18.24M | 17.11M | 19.88M | 22.91M | 23.32M | 23.61M | 24.77M | 24.71M | 25.16M | 23M | 19.52M | 15.51M | 10.23M | 9.55M | 9.53M | 7.98M | 7.72M |
| Other Income/Expense | -20.53M | -18.33M | -24.74M | -21.94M | -25.12M | -53.01M | -21.39M | -24.54M | -28.36M | -24.16M | -24.71M | -24.55M | -22.47M | -19.77M | -15.48M | -13.38M | -9.23M | -8.9M | -8.21M | -8.68M |
| Pretax Income | 96.76M | -27.64M | 78.34M | 89.85M | 58.51M | 145M | 147.23M | 78.69M | 38.51M | 126.81M | 80.06M | 61.42M | 22.01M | 87.46M | 72.04M | 203.46M | 145.5M | 166.58M | 165.36M | 174.27M |
| Pretax Margin % | 9.13% | -2.53% | 7.03% | 8.47% | 6.21% | 11.74% | 12.55% | 7.88% | 4.33% | 11.92% | 7.48% | 6.14% | 2.48% | 8.34% | 6.62% | 15.76% | 12.81% | 15.61% | 17.54% | 18.94% |
| Income Tax | 23.65M | -3.71M | 11.76M | 15.42M | 14.24M | 27.34M | 33.45M | 19.64M | 12.03M | 30M | 19.43M | 15.91M | 7.85M | 13.57M | 11.59M | 45.83M | 28.61M | 20.62M | 32.61M | 46.36M |
| Effective Tax Rate % | 24.44% | 13.42% | 15.01% | 17.16% | 24.33% | 18.85% | 22.72% | 24.96% | 31.25% | 23.66% | 24.27% | 25.9% | 35.66% | 15.51% | 16.09% | 22.52% | 19.66% | 12.38% | 19.72% | 26.6% |
| Net Income | 73.25M | -24.46M | 66.16M | 74.02M | 43.84M | 128.85M | 113.74M | 59.12M | 23.55M | 95.97M | 60.33M | 43.38M | 12.43M | 71.02M | 58.27M | 156.36M | 113.86M | 131.48M | 131.57M | 127.04M |
| Net Margin % | 6.91% | -2.24% | 5.94% | 6.97% | 4.65% | 10.44% | 9.69% | 5.92% | 2.65% | 9.02% | 5.63% | 4.34% | 1.4% | 6.77% | 5.35% | 12.11% | 10.02% | 12.32% | 13.96% | 13.81% |
| Net Income Growth % | 67.09% | -118.99% | -41.83% | 25.21% | 86.19% | 34.27% | 88.53% | 36.28% | 89.43% | 35.14% | 3.54% | -72.26% | -89.08% | -45.99% | -55.71% | 23.08% | -23.58% | 5.18% | 13.64% | 92.06% |
| Net Income (Continuing) | 73.11M | -23.93M | 66.58M | 74.43M | 44.28M | 117.67M | 113.78M | 59.05M | 26.48M | 96.81M | 60.63M | 45.52M | 14.16M | 73.89M | 60.45M | 157.64M | 116.9M | 145.96M | 132.75M | 127.91M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 608K | 742K | 930K | 4.67M | 3.8M | 3.17M | 3.02M | 2.81M | 12.03M | 9.37M | 8.22M | 8.16M | 6.03M | 112.34M | 88.01M | 83.71M | 71.99M | 58.36M | 44.91M | 37.28M |
| EPS (Diluted) | 1.24 | -0.42 | 1.12 | 1.25 | 0.73 | 2.15 | 1.89 | 0.97 | 0.39 | 1.57 | 0.97 | 0.70 | 0.20 | 1.12 | 0.83 | 2.21 | 1.57 | 2.04 | 1.93 | 2.01 |
| EPS Growth % | 69.86% | -119.53% | -40.74% | 28.87% | 87.18% | 36.94% | 94.85% | 38.57% | 95% | 40.18% | 16.87% | -68.33% | -87.26% | -45.1% | -56.99% | 9.95% | -32.62% | 3.55% | 6.04% | 97.06% |
| EPS (Basic) | 1.25 | -0.42 | 1.14 | 1.27 | 0.74 | 2.18 | 1.91 | 0.99 | 0.39 | 1.59 | 0.98 | 0.70 | 0.20 | 1.14 | 0.84 | 2.24 | 1.61 | 2.09 | 1.98 | 2.06 |
| Diluted Shares Outstanding | 59.23M | 58.3M | 59.12M | 59.39M | 59.75M | 60.35M | 60.31M | 60.64M | 60.49M | 61.04M | 62.09M | 62.35M | 62.29M | 63.58M | 64.27M | 64.71M | 64.83M | 64.57M | 64.21M | 64.09M |
| Basic Shares Outstanding | 58.41M | 58.3M | 58.26M | 58.77M | 59.06M | 59.56M | 59.49M | 59.88M | 59.85M | 60.39M | 61.37M | 61.72M | 61.56M | 62.37M | 63.25M | 63.66M | 63.45M | 62.99M | 62.69M | 62.61M |
| Dividend Payout Ratio | - | - | - | 0.4% | - | 0.21% | - | - | - | - | - | - | - | 0.44% | - | - | - | - | - | - |