Generac Holdings Inc. (GNRC) — Financial statements
Income statement, balance sheet, and cash flow for Generac Holdings Inc. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 4,209↓2.0% | 4,296↑6.8% | 4,023↓11.9% | 4,565↑22.1% | 3,737 | |
| Cost of Revenue | 2,597↓1.2% | 2,630↓1.0% | 2,657↓12.7% | 3,043↑28.0% | 2,377 | |
| Gross Profit | 1,612↓3.2% | 1,666↑22.0% | 1,365↓10.3% | 1,522↑11.9% | 1,360 | |
| Operating Expenses | ||||||
| R&D Expenses | 243↑10.9% | 220↑26.6% | 173↑8.6% | 160↑53.2% | 104 | |
| General & Administrative Expenses | 422↑48.1% | 285↑12.7% | 253↑29.8% | 195↑35.1% | 144 | |
| Selling & Marketing Expenses | 555↑5.5% | 526↑17.5% | 448↓9.7% | 496↑55.6% | 319 | |
| SG&A Expenses | 978↑20.5% | 812↑15.7% | 702↑1.3% | 693↑49.5% | 463 | |
| Other Expenses | 102↑3.9% | 98↓6.2% | 104↑0.8% | 103↑44.8% | 71 | |
| Operating Expenses | 1,323↑17.2% | 1,129↑15.3% | 979↑2.5% | 956↑49.6% | 639 | |
| Total Costs & Expenses | 3,920↑4.3% | 3,759↑3.4% | 3,636↓9.1% | 3,998↑32.6% | 3,016 | |
| Operating Results | ||||||
| Operating Income | 289↓46.1% | 537↑39.0% | 386↓31.8% | 566↓21.5% | 721 | |
| Depreciation & Amortization | 195↑13.4% | 172↑3.1% | 167↑6.7% | 156↑69.6% | 92 | |
| EBITDA | 484↓27.9% | 671↑21.0% | 555↓22.9% | 719↓11.9% | 817 | |
| EBIT | 289↓42.1% | 499↑28.7% | 388↓31.1% | 563↓22.2% | 724 | |
| Interest & Other Income | ||||||
| Net Interest Income | -63↑29.7% | -90↑8.1% | -98↓78.1% | -55↓66.4% | -33 | |
| Interest Income | 8 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Interest Expense | 71↓21.2% | 90↓8.1% | 98↑78.1% | 55↑66.4% | 33 | |
| Non-Operating Income | 0.00↓100.0% | 38↑2275.4% | -2↓156.9% | 3↑190.9% | -3 | |
| Other Income / Expenses | -90↑29.2% | -127↓32.7% | -96↓65.7% | -58↓95.4% | -30 | |
| Income Before Tax | 199↓51.4% | 409↑41.0% | 290↓42.9% | 508↓26.5% | 692 | |
| Income Tax Expense | 38↓59.2% | 92↑26.3% | 73↓26.5% | 100↓26.2% | 135 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 161↓49.1% | 317↑46.0% | 217↓46.9% | 409↓26.5% | 557 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 160↓50.9% | 325↑60.2% | 203↓42.0% | 350↓34.3% | 533 | |
| Bottom-Line Net Income | 160↓50.9% | 325↑60.2% | 203↓42.0% | 350↓34.3% | 533 | |
| EPS (Basic) | 2.73↓50.0% | 5.46↑65.0% | 3.31↓40.4% | 5.55↓34.8% | 8.51 | |
| EPS (Diluted) | 2.69↓50.1% | 5.39↑64.8% | 3.27↓39.7% | 5.42↓34.7% | 8.30 | |
| Weighted Average Shares | 59↓1.7% | 60↓2.8% | 61↓2.9% | 63↑0.7% | 63 | |
| Weighted Average Diluted Shares | 59↓1.8% | 60↓2.8% | 62↓4.1% | 65↑0.7% | 64 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.