Generac Q1 sales rise 12%, slightly beat estimates, lifts 2026 outlook

Generac Holdings

29/04/2026 11:13

Overview

US energy technology maker's Q1 sales rose 12%, slight beat over analyst expectations

Adjusted EPS and adjusted net income for Q1 beat analyst estimates

Company raised 2026 sales growth and adjusted EBITDA margin guidance after strong C&I segment gains

Outlook

Generac raises 2026 net sales growth outlook to mid-to-high teens percent range

Adjusted EBITDA margin for 2026 now seen at 18.5-19.5%

Result Drivers

C&I SEGMENT GROWTH - Q1 results driven by 28% sales increase in Commercial & Industrial segment, including contributions from acquisitions and favorable currency impacts

DATA CENTER DEMAND - Growing backlog and momentum in data center end market contributed to C&I segment growth

Company press release: ID:nGNX1FHV3J

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Sales
Slight Beat*
$1.06 bln
$1.05 bln (18 Analysts)
Q1 Adjusted EPS
Beat
$1.80
$1.33 (17 Analysts)
Q1 EPS
$1.24
Q1 Adjusted Net Income
Beat
$106 mln
$75.72 mln (15 Analysts)
Q1 Net Income
$73 mln
Q1 Adjusted EBITDA
Beat
$193 mln
$160.02 mln (17 Analysts)
Q1 Free Cash Flow
$90 mln


*Applies to a deviation of less than 1%; not applicable for per-share numbers.

Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 14 "strong buy" or "buy", 8 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the electrical components & equipment peer group is "buy"

Wall Street's median 12-month price target for Generac Holdings Inc is $239.00, about 10.1% above its April 28 closing price of $217.12

The stock recently traded at 24 times the next 12-month earnings vs. a P/E of 17 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)