Generac Reports Record Sales and Massive Data Center Backlog Driven by Amazon Deal
Generac (GNRC) reported record third-quarter 2026 net sales of $1.29 billion, fueled significantly by its expanding commercial power infrastructure business. A major highlight is a multiyear backup generator agreement with Amazon, which has helped triple the company's data center generator backlog to approximately $4.5 billion. The company is strategically scaling manufacturing capacity through existing facilities to maintain a capital-light model while meeting surging demand from hyperscale cloud providers and AI computing operators. Management expects data center market revenue to exceed $2 billion in 2027, with plans to potentially double the commercial and industrial segment by next year.
Topics: AI computing capacity backup generators data center infrastructure earnings report supply agreement