Generac Holdings Inc

Latest Results (14.11.2025):

Generac Holdings Inc reported strong financial performance in the second quarter of 2025, with robust growth in net sales and improved profitability metrics. The company's Q2 2025 results highlighted increases in both residential and commercial & industrial product sales, driven by favorable market conditions and strategic acquisitions, while enhancing margins and updating its full-year financial outlook.

Net Sales Growth

Net sales for Q2 2025 increased 6% to $1,061 million compared to $998 million in the same period last year, bolstered by favorable effects from acquisitions and foreign currency. Residential product sales rose approximately 7% to $574 million, and Commercial & Industrial product sales increased approximately 5% to $362 million.

Profitability Improvement

Net income attributable to Generac surged to $74 million, or $1.25 per share, from $59 million ($0.97 per share) in Q2 2024. Adjusted net income improved to $97 million, or $1.65 per share, compared to $82 million, with adjusted EBITDA reaching $188 million (17.7% of net sales).

Cash Flow and Share Repurchase Activity

Operational cash flow reached $72 million, though free cash flow decreased to $14 million compared to $50 million in the prior year. In addition, Generac repurchased 392,521 shares for approximately $50 million, with $200 million remaining under its current buyback program as of June 30, 2025.

Updated Outlook

The company revised its full-year 2025 guidance, now expecting net sales growth of 2 to 5% over the prior year and an adjusted EBITDA margin in the range of 18.0 to 19.0%. Enhanced expectations for free cash flow conversion to 90 to 100% further underscore a more positive operating outlook.