Generac Holdings Inc

Latest Results (24.09.2025):

Generac Holdings Inc reported a strong first quarter of 2025, showcasing a 6% increase in net sales compared to the same period last year. The company saw significant growth in residential product sales, while commercial and industrial sales experienced a slight decline. Net income and adjusted EBITDA also showed notable improvements. However, cash flow from operations decreased, partly due to ongoing share repurchase activities. Generac has updated its full-year 2025 financial guidance to reflect current market conditions.

Net Sales Growth

Generac Holdings Inc achieved a 6% increase in net sales, reaching $942 million in the first quarter of 2025 compared to $889 million in Q1 2024. This growth was supported by the net effect of acquisitions and favorable foreign currency impacts.

Residential Product Sales Surge

Residential product sales soared by approximately 15%, totaling $494 million in Q1 2025 compared to $429 million in the prior year. This significant increase highlights the strong demand in the residential sector.

Profitability Enhancements

Net income attributable to Generac rose to $44 million, or $0.73 per share, up from $26 million, or $0.39 per share, in Q1 2024. Adjusted EBITDA before noncontrolling interests also increased to $150 million, representing 15.9% of net sales, compared to $127 million and 14.3% last year.

Cash Flow and Share Repurchases

Cash flow from operations decreased to $58 million in Q1 2025 from $112 million in the same period last year. The company generated $27 million in free cash flow and repurchased 716,685 shares of its common stock for approximately $97 million, with about $250 million remaining under the current repurchase program.

Updated Financial Guidance

Generac has revised its full-year 2025 net sales growth guidance to a range of 0% to 7% over the prior year, down from the previous 3% to 7%. The adjusted EBITDA margin outlook has been adjusted to 17.0% to 19.0%, slightly lower than the earlier guidance of 18.0% to 19.0%, reflecting the impact of higher tariffs and supply chain initiatives.