Filing Flows › Generac Holdings (GNRC) › Q1 2026
Generac Holdings (GNRC) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 5, 2026
Generac Holdings (GNRC) reported revenue of $1.1B for the first quarter 2026 (Q1 2026), +12% from a year earlier and -3% from the quarter before. Operating margin was 11.1%, net earnings $73.1M (6.9% of revenue).
Generac Holdings, Q1 2026: revenue $1.1B (+12% year over year), operating margin 11.1%, net earnings $73.1M, operating cash flow $119M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.1B | -3% | +12% |
| Gross profit | $410M | +4% | +10% |
| Operating profit | $117M | — | +40% |
| Net earnings | $73.1M | — | +65% |
| Operating cash flow | $119M | -37% | +105% |
| Free cash flow | $89.9M | — | +230% |
What changed
Revenue was $1.1B in Q1 2026, up 12% year over year and down 3% from the previous quarter.
Gross margin was 38.7%, down 0.8 points from Q1 2025. Operating profit was $0.12B, a 11.1% margin (up 2.2 points year over year). Of the extra revenue versus Q1 2025, 29% reached operating profit, above the 9% margin then. Operating expenses grew 2% against revenue growth of 12%. The fastest-growing cost line was Other operating costs (+19%). Net earnings were $0.07B, up 67% year over year. The effective tax rate was 24.4%.
Operating cash flow was $0.12B (up 105% year over year), 163% of net earnings. Non-cash charges added back $0.06B of depreciation and amortization and $0.01B of share-based compensation. Working capital and other items used $0.02B. After expenditures for property and equipment ($0.03B), free cash flow as the company reports it was $0.09B.
Questions
What was Generac Holdings' revenue in the first quarter 2026?
Generac Holdings (GNRC) reported revenue of $1.1B for the first quarter 2026 (Q1 2026), +12% from a year earlier and -3% from the quarter before.
Was Generac Holdings profitable in the first quarter 2026?
Operating profit was $117M (11.1% of revenue) and net earnings $73.1M.
Source: Generac Holdings 10-Q on SEC EDGAR.