Generac reported record third quarter 2026 results, highlighted by significant expansion in its data center business and a return to growth for the residential segment. While net sales of $1.29 billion slightly trailed analyst estimates of $1.31 billion, the company delivered a meaningful beat on adjusted earnings and raised the lower end of its full-year EBITDA margin guidance.
Key Highlights
- Commercial & Industrial (C&I) segment sales surged 28% to $552 million, primarily driven by ramping shipments to the global data center market.
- The data center product backlog increased to approximately $4.5 billion, up from $1.6 billion in the previous quarter, following major wins including the Amazon supply agreement.
- Residential segment sales returned to growth, increasing 9% to $743 million behind strong demand for home standby and portable generators.
- Full-year 2026 adjusted EBITDA margin guidance was tightened to 20.5%–21.0%, up from the previous range of 20.0%–21.0%.