Generac Reports Strong Q1 Earnings and Raises Full-Year Guidance
Generac (GNRC) reported a 12% increase in Q1 net sales to $1.06 billion and an expanded adjusted EBITDA margin to 18.3%, leading to an upgrade in full-year 2026 guidance. The Commercial & Industrial segment saw a 28% sales increase, driven by data center demand, with a backlog exceeding $700 million and a potential $600 million contract in 2027. The company also announced a new plant and the Enercon acquisition to boost capacity and reduce bottlenecks.
Tickers: $GNRC
Topics: Capacity Expansion Data Centers Earnings EBITDA Margin Guidance M&A Sales Growth