The Inventing Press

GENERAC HOLDINGS INC.

Financial highlights

MetricFY 12/31/25FY 12/31/24FY 12/31/23FY 12/31/22FY 12/31/21
Income Statement
Revenue$4.2B$4.3B$4.0B$4.6B$3.7B
Cost of revenue$2.6B$2.6B$2.7B$3.0B$2.4B
Gross profit$1.6B$1.7B$1.4B$1.5B$1.4B
Research and development$243.5M$219.6M$173.4M$159.8M$104.3M
Operating expenses$1.3B$1.1B$979.2M$955.7M$638.9M
Operating income$289.2M$536.7M$386.2M$566.3M$721.1M
Interest expense$70.7M$89.7M$97.6M$54.8M$33.0M
Pretax income$199.1M$409.4M$290.3M$508.5M$691.5M
Income tax expense$37.7M$92.5M$73.2M$99.6M$135.0M
Net income$159.6M$316.3M$214.6M$399.5M$550.5M
Balance Sheet
Cash and equivalents$341.4M$281.3M$201.0M$132.7M$147.3M
Current assets$2.5B$2.0B$2.0B$2.2B$1.8B
Total assets$5.6B$5.1B$5.1B$5.2B$4.9B
Current liabilities$1.2B$1.0B$880.8M$992.0M$1.2B
Total liabilities$2.9B$2.6B$2.7B$2.8B$2.6B
Total debt$1.3B$1.3B$1.5B$1.4B$780.0M
Stockholders' equity$2.6B$2.5B$2.3B$2.3B$2.2B
Cash Flow Statement
Cash from operations$438.0M$741.3M$521.7M$58.5M$411.2M
Depreciation and amortization$194.8M$171.8M$166.6M$156.1M$92.0M
Stock-based compensation$49.9M$49.2M$35.5M$29.5M$24.0M
Capital expenditure$169.8M$136.7M$129.1M$86.2M$110.0M
Free cash flow$268.1M$604.6M$392.6M-$27.7M$301.2M
Dividends paid$293,000$273,000$0$309,000$0
Share repurchases$147.9M$152.7M$251.5M$345.8M$126.0M

Shares outstanding 58.9M · Free float 90.7%

Annual filing data through FY ended December 31, 2025; float as of July 13, 2026.