Generac Holdings Inc. Q3 2025 Earnings Release

Generac Holdings Inc. reported its financial results for the third quarter ended September 30, 2025. Net sales decreased by 5% to $1.11 billion compared to $1.17 billion in the prior-year quarter. Residential product sales declined by 13% to $627 million, while Commercial & Industrial (C&I) product sales increased by 9% to $358 million. Net income attributable to the Company was $66 million, or $1.12 per share, compared to $114 million, or $1.89 per share, in the same period of 2024. Adjusted EBITDA was $193 million, or 17.3% of net sales, down from $232 million, or 19.8% of net sales, in the prior year. The Company updated its full-year 2025 net sales guidance to be approximately flat compared to the prior year, with an adjusted EBITDA margin expected to be around 17.0%. The weaker performance was attributed to a below-average power outage environment, which impacted demand for home standby and portable generators. However, the Company highlighted growth opportunities in the data center market, with initial shipments of large-megawatt generators to data center customers.