Generac Projects 2027 Data Center Revenue to Exceed $2 Billion Amid Record Sales
Generac Holdings Inc. (GNRC) reported record-breaking third-quarter results, highlighted by a 16% increase in net sales and a significant 33% rise in adjusted EBITDA compared to the previous year. The company's strong financial performance is driven by robust margin expansion and high demand across its product lines. Looking ahead, Generac has provided an optimistic outlook for its data center segment, projecting revenues to surpass $2 billion by 2027. This growth trajectory is supported by a substantial $4.5 billion backlog and strategic partnerships, including a notable deal with Amazon, positioning the company as a key player in the energy infrastructure market.
Topics: EBITDA expansion net sales growth quarterly earnings
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