Generac Holdings Inc. (GNRC) Earnings Call Transcripts
Generac Holdings Inc.'s Latest Earnings Call - Q2 FY2026
In the second quarter of 2026, Generac Holdings Inc. reported a significant revenue increase of 11% year-over-year, reaching $1.17 billion, driven largely by a 29% surge in the Commercial and Industrial (C&I) segment. Adjusted EBITDA margins expanded to 24.8%, bolstered by tariff refunds and operational efficiencies. Management raised guidance for C&I segment growth to the low 30% range for the full year, while slightly lowering Residential segment growth expectations to the high single-digit range due to a softer power outage environment. Overall, the company remains optimistic about its future growth prospects, particularly in the data center market, which is expected to contribute nearly $450 million in revenue for 2026.
Reported metrics
| Metric | Value |
|---|---|
| Revenue | $1.17 billion (beat) |
| C&I Segment Revenue | $556 million (beat) |
| Residential Segment Revenue | $621 million (miss) |
| Adjusted EBITDA Margin | 24.8% (beat) |
| GAAP Net Income | $143 million (beat) |
| Diluted EPS | $2.40 (beat) |
Guidance from management
Management maintained overall net sales growth guidance for 2026 in the mid- to high teens percent range, while raising C&I segment growth expectations to the low 30% range and slightly lowering Residential segment growth to the high single-digit range.
What management said
A lot of interest. It's embarrassingly large in terms of the total number of projects we're quoting and the total number of conversations we're having, both hyperscale and nonhyperscale.
What analysts pressed on
Analysts expressed concerns regarding the softer power outage environment impacting Residential segment sales and the potential challenges in managing the operational transition as the revenue mix shifts towards commercial and data center applications. There were also questions about the supply chain's ability to support the anticipated capacity expansion.
Main topics on the call
- Strong C&I Segment Performance — The C&I segment experienced a remarkable 29% growth in sales, reaching $556 million, driven by increased demand for products sold to the data center market. Management noted, "We recognize more than $100 million of reven...
- Data Center Market Backlog — Generac's backlog for data center products now stands at $1.6 billion, with $1 billion in new orders over the last 90 days. Management indicated that this backlog does not include expected orders from a second hyperscale...
- Residential Segment Challenges — The Residential segment saw a slight decline of 2% in sales, primarily due to lower shipments of portable generators and energy storage systems. Management stated, "We now expect our Residential segment sales to increase...
- Capacity Expansion Plans — Generac is on track to triple its production capacity over the next 12 months, with significant investments in facilities and equipment. Management emphasized that they are "on track to begin production in Sussex by the ...
Read the full Generac Holdings Inc. transcript (Q2 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.
About Generac Holdings Inc.
Generac Holdings Inc. (GNRC) is a publicly listed company in the Electrical Equipment industry, within the Industrials sector. It trades on NYSE and is based in US. EarningsCalls.dev maintains a free, full-text archive of its earnings call transcripts — 31 calls on record spanning February 13, 2020 to July 29, 2026. Every transcript is split into speaker-by-speaker segments with headline metrics, free to read or available through our REST API.
Earnings Call History
EarningsCalls.dev has 31 Generac Holdings Inc. earnings call transcripts on record, spanning February 13, 2020 to July 29, 2026. Based on this history, Generac Holdings Inc. reports quarterly. The most recent call on file is dated July 29, 2026. The full list is below — each row opens the complete, free-to-read transcript.
- Ticker
- GNRC
- Exchange
- NYSE
- Country
- US
- Sector
- Industrials
- Industry
- Electrical Equipment
- Calls on record
- 31
- First call
- February 13, 2020
- Most recent
- July 29, 2026
- Reporting cadence
- quarterly