Q2 Holdings: Q1 Earnings Snapshot
6 Articles
6 Articles
Generac tops $1 billion in Q1 sales led by major C&I growth, stable residential growth
Town of Genesee-based Generac reported first quarter sales of $1.06 billion, led by a nearly 30% increase in sales in its commercial and industrial (C&I) segment, which services data centers, and the stabilization of its previously declining residential segment. Generac makes generators and other energy technology products. Net sales in the company’s first quarter were […]
Generac Stock Jumps After Data Center Backlog Forces a 2026 Forecast Reset
Generac Holdings raised its 2026 sales outlook after first-quarter net sales rose 12% and commercial and industrial sales jumped 28% to $510 million, driven by data center demand. Shares climbed 11% after adjusted earnings of $1.80 a share beat estimates. The company now expects full-year net sales growth in the mid-to-high teens percentage range, up from its prior forecast. Generac also increased its adjusted EBITDA margin guidance. The post Ge…
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