GNRC
FY2026 Q1 · Calendar Q2 2026
Generac Holdings Inc.
Generac's Q1 FY2026 results mark a clear inflection from the prior quarter's soft residential demand. The 12% YoY revenue recovery, 28% C&I surge, and 35% EPS beat reflect data-center generator demand materializing faster than expected, reinforced by the Enercon acquisition and a non-binding $600M hyperscale notice to proceed. With backlog now over $700M, management has raised full-year guidance for both sales and adjusted EBITDA margins. The stock's 16.5% abnormal move on the report and subsequent 10.5% drift suggest the market is repricing the data-center growth narrative. At $196, the stock trades at a roughly 52% discount to the consensus target of $298.
EPS surprise+35.3%
Market move+16.5%
