Generac Holdings Inc. (GNRC) Financial Statements
Industry: Motors & Generators
In fiscal 2025, Generac reported revenue of $4.21B, down 2.0% from $4.30B the year before. Net income was $159.6M (a 3.8% net margin), or $2.69 per diluted share. Gross margin was 38.3% and operating margin was 6.9%. Operating activities generated $438.0M of cash, leaving $268.1M of free cash flow. At fiscal year end, Generac held $5.57B in total assets against $2.93B in total liabilities, including $341.4M of cash and equivalents.
Open the full interactive Generac financials → Quarterly statements, key ratios, valuation history and price charts.
Generac Key Stats
| Share Price | $214.29 |
|---|---|
| Market Cap | $12.78B |
| P/E Ratio | 79.7 |
| Revenue YoY Growth | -2.0% |
| 52-Week Range | $136.37 – $295.54 |
| Shares Outstanding | 58.8 million (basic, 2026 Q2) |
Generac Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $2.49B | $3.74B | $4.56B | $4.02B | $4.30B | $4.21B |
| Cost of Goods Sold | $1.53B | $2.38B | $3.04B | $2.66B | $2.63B | $2.60B |
| Gross Profit | $957.7M | $1.36B | $1.52B | $1.37B | $1.67B | $1.61B |
| Operating Income | $479.1M | $721.1M | $566.3M | $386.2M | $536.7M | $289.2M |
| Pre-Tax Income | $446.2M | $691.5M | $508.5M | $290.3M | $409.4M | $199.1M |
| Income Tax | $99.0M | $135.0M | $99.6M | $73.2M | $92.5M | $37.7M |
| Net Income | $350.6M | $550.5M | $399.5M | $214.6M | $316.3M | $159.6M |
| Diluted EPS | $5.48 | $8.30 | $5.42 | $3.27 | $5.39 | $2.69 |
Generac Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $1.11B | $1.09B | $1.06B | $1.17B |
| Net Income | $66.2M | -$24.5M | $73.3M | $143.2M |
| Diluted EPS | $1.12 | -$0.41 | $1.24 | $2.40 |
Generac Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $655.1M | $147.3M | $132.7M | $201.0M | $281.3M | $341.4M |
| Current Assets | $1.67B | $1.85B | $2.18B | $2.00B | $2.03B | $2.46B |
| Total Assets | $3.24B | $4.88B | $5.17B | $5.09B | $5.11B | $5.57B |
| Current Liabilities | $641.5M | $1.16B | $992.0M | $880.8M | $1.03B | $1.22B |
| Total Long-Term Debt | $838.1M | $888.0M | $1.38B | $1.48B | $1.28B | $1.22B |
| Total Liabilities | $1.78B | $2.61B | $2.80B | $2.74B | $2.61B | $2.93B |
| Shareholders' Equity | $1.39B | $2.21B | $2.26B | $2.34B | $2.49B | $2.63B |
Generac Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $486.5M | $411.2M | $58.5M | $521.7M | $741.3M | $438.0M |
| Cash From Investing | -$124.1M | -$817.3M | -$134.2M | -$178.1M | -$208.7M | -$172.9M |
| Cash From Financing | -$30.4M | -$103.0M | $64.0M | -$277.1M | -$448.8M | -$212.7M |
| Free Cash Flow | $424.4M | $301.2M | -$27.7M | $392.6M | $604.6M | $268.1M |
Figures from Generac's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Generac financials page for every line item.
Generac Company Profile
| Ticker | GNRC |
|---|---|
| Exchange | NYSE |
| Industry | Motors & Generators |
| Headquarters | Waukesha, Wisconsin |
| Incorporated in | Delaware |
| Fiscal Year End | December 31 |
| SEC Filer Category | Large accelerated filer |
| SEC CIK | 0001474735 |
Frequently Asked Questions
What was Generac's revenue in fiscal 2025?
Generac (GNRC) reported revenue of $4.21B for fiscal 2025.
What is Generac's annual revenue history?
Generac's annual revenue by fiscal year: 2020: $2.49B; 2021: $3.74B; 2022: $4.56B; 2023: $4.02B; 2024: $4.30B; 2025: $4.21B.
What was Generac's net income in fiscal 2025?
Generac reported net income of $159.6M for fiscal 2025.
What was Generac's earnings per share (EPS) in fiscal 2025?
Generac's diluted EPS was $2.69 for fiscal 2025 (adjusted for any later stock splits).
How much free cash flow did Generac generate in fiscal 2025?
Generac generated $268.1M of free cash flow in fiscal 2025.
What was Generac's revenue last quarter?
In its most recent reported quarter (2026 Q2), Generac reported revenue of $1.17B.
How much debt does Generac have?
Generac reported $1.22B of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of Generac are outstanding?
Generac reported a weighted average of 58.8 million basic shares outstanding in 2026 Q2.
What is Generac's market cap?
Based on its latest closing price, Generac (GNRC) has a market capitalization of about $12.78B.
When does Generac's fiscal year end?
Generac's fiscal year end, as registered with the SEC, is December 31.
Where is Generac headquartered?
Generac lists its business address in Waukesha, Wisconsin in its SEC filings.