balance equationreview2016-12-31
Difference 8218000 exceeds tolerance 1865969.000. Presentation or filing-vintage differences need review.
Revenue
$4.21B
Fiscal year ended 2025-12-31Operating income
$289.19M
Fiscal year ended 2025-12-31Free cash flow
$268.13M
Fiscal year ended 2025-12-31GENERAC HOLDINGS INC. (GNRC) reported revenue of $4.21B and net income of $159.55M for the fiscal year ended 2025-12-31. This page shows 10 annual periods of income statement, balance sheet and cash flow figures normalized from GENERAC HOLDINGS INC.’s SEC filings, each linked to the filing it came from. It is classified by the SEC under Motors & Generators.
Income
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $4.21B | $4.30B | $4.02B | $4.56B | $3.74B | $2.49B | $2.20B | $2.02B | $1.68B | $1.45B |
| Cost of revenue | $2.60B | $2.63B | $2.66B | $3.04B | $2.38B | $1.53B | $1.41B | $1.30B | $1.09B | $935.32M |
| Gross profit | $1.61B | $1.67B | $1.37B | $1.52B | $1.36B | $957.65M | $797.75M | $725.04M | $584.79M | $512.42M |
| Operating income | $289.19M | $536.74M | $386.20M | $566.33M | $721.14M | $479.11M | $372.16M | $357.18M | $250.63M | $202.75M |
| Net income | $159.55M | $316.32M | $214.61M | $399.50M | $550.49M | $350.58M | $252.01M | $238.26M | $157.81M | $97.15M |
| Research & development | $243.47M | $219.60M | $173.44M | $159.77M | $104.30M | $80.25M | $68.39M | $50.02M | $42.87M | $37.16M |
| Weighted-average diluted shares | shares 59.28M | shares 60.35M | shares 62.06M | shares 64.68M | shares 64.25M | shares 63.74M | shares 62.87M | shares 62.23M | shares 62.64M | shares 65.38M |
| Pretax income | $199.06M | $409.44M | $290.30M | $508.47M | $691.53M | $446.19M | $319.61M | $311.08M | $203.70M | $153.70M |
| Income tax expense | $37.71M | $92.46M | $73.18M | $99.60M | $134.96M | $98.97M | $67.30M | $69.86M | $44.14M | $56.52M |
| Diluted EPS | $2.69 | $5.39 | $3.27 | $5.42 | $8.30 | $5.48 | $4.03 | $3.54 | $2.53 | $1.47 |
| Selling, general & administrative | $977.57M | $811.54M | $701.60M | $692.58M | $463.29M | $364.61M | $326.70M | $295.73M | $262.42M | $239.55M |
| General & administrative | $422.21M | $285.10M | $253.40M | $196.32M | $144.27M | $118.23M | $109.02M | $103.84M | $87.58M | $74.69M |
| Selling & marketing | $555.36M | $526.45M | $448.20M | $496.26M | $319.02M | $246.37M | $217.68M | $191.89M | $174.84M | $164.86M |
Balance
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & equivalents | $341.41M | $281.28M | $200.99M | $132.72M | $147.34M | $655.13M | $322.88M | $224.48M | $138.47M | $67.27M |
| Total assets | $5.57B | $5.11B | $5.09B | $5.17B | $4.88B | $3.24B | $2.67B | $2.43B | $2.03B | $1.87B |
| Current assets | $2.46B | $2.03B | $2.00B | $2.18B | $1.85B | $1.67B | $1.20B | $1.12B | $824.56M | $683.51M |
| Total liabilities | $2.93B | $2.61B | $2.74B | $2.80B | $2.61B | $1.78B | $1.57B | $1.60B | $1.43B | $1.43B |
| Current liabilities | $1.22B | $1.03B | $880.77M | $992.04M | $1.16B | $641.52M | $497.06M | $560.71M | $396.42M | $341.94M |
| Total equity incl. NCI | $2.64B | $2.50B | $2.34B | $2.26B | $2.21B | $1.39B | $1.03B | $761.26M | $554.32M | $397.18M |
| Temporary (mezzanine) equity | $742.00K | $0 | $6.55M | $110.47M | $58.05M | $66.21M | $61.23M | $61.00M | $43.93M | $33.14M |
| Inventory | $1.25B | $1.03B | $1.17B | $1.41B | $1.09B | $603.32M | $522.02M | $544.75M | $387.05M | $349.73M |
| Accounts receivable | $602.74M | $612.11M | $537.32M | $522.46M | $546.47M | $374.91M | $319.54M | $326.13M | $279.30M | $241.86M |
| Goodwill | $1.47B | $1.44B | $1.43B | $1.40B | $1.41B | $855.23M | $805.28M | $764.66M | $721.52M | $704.64M |
| Long-term debt | $1.26B | $1.21B | $1.45B | $1.37B | $902.09M | $841.76M | $837.77M | $876.40M | $906.55M | $1.01B |
| Accounts payable | $436.58M | $458.69M | $340.72M | $446.05M | $674.21M | $330.25M | $261.98M | $328.09M | $233.64M | $181.52M |
Cash flow
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $437.98M | $741.30M | $521.67M | $58.52M | $411.16M | $486.53M | $308.89M | $247.23M | $257.32M | $241.12M |
| Capital expenditures | $169.85M | $136.73M | $129.06M | $86.19M | $109.99M | $62.13M | $60.80M | $47.60M | $33.26M | $30.47M |
| Investing cash flow | -$172.90M | -$208.71M | -$178.06M | -$134.23M | -$817.29M | -$124.10M | -$170.08M | -$108.89M | -$28.13M | -$93.54M |
| Financing cash flow | -$212.72M | -$448.84M | -$277.14M | $64.04M | -$102.97M | -$30.43M | -$41.92M | -$52.03M | -$160.14M | -$195.70M |
| Net change in cash | $60.14M | $80.28M | $68.27M | -$14.62M | -$507.79M | $332.24M | $98.40M | $86.01M | $71.20M | -$48.58M |
| Stock-based compensation | $49.95M | $49.25M | $35.49M | $29.48M | $23.95M | $20.88M | $16.69M | $14.56M | $10.20M | $9.49M |
| Common dividends paid | $293.00K | $273.00K | $0 | $309.00K | $0 | $0 | $285.00K | $314.00K | $0 | $76.00K |
| Common share repurchases | $147.92M | $152.74M | $251.51M | $345.84M | $125.99M | $0 | $0 | $25.66M | $30.01M | $149.94M |
| Depreciation & amortization | $194.84M | $171.77M | $166.60M | $156.14M | $92.04M | $68.77M | $60.77M | $47.41M | $51.99M | $54.42M |
Derived
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Free cash flow | $268.13M | $604.57M | $392.61M | -$27.67M | $301.16M | $424.40M | $248.08M | $199.63M | $224.06M | $210.66M |
| Gross margin | 38.3% | 38.8% | 33.9% | 33.3% | 36.4% | 38.5% | 36.2% | 35.8% | 34.8% | 35.4% |
| Operating margin | 6.9% | 12.5% | 9.6% | 12.4% | 19.3% | 19.3% | 16.9% | 17.7% | 14.9% | 14.0% |
| FCF margin | 6.4% | 14.1% | 9.8% | -0.6% | 8.1% | 17.1% | 11.3% | 9.9% | 13.3% | 14.6% |
| SBC / revenue | 1.2% | 1.1% | 0.9% | 0.6% | 0.6% | 0.8% | 0.8% | 0.7% | 0.6% | 0.7% |
| Current ratio | 2.03x | 1.97x | 2.27x | 2.20x | 1.60x | 2.60x | 2.41x | 2.00x | 2.08x | 2.00x |
| Revenue YoY growth | -2.0% | 6.8% | -11.9% | 22.1% | 50.4% | 12.7% | 8.9% | 20.5% | 16.0% | Unavailable |
| Net margin | 3.8% | 7.4% | 5.3% | 8.8% | 14.7% | 14.1% | 11.4% | 11.8% | 9.4% | 6.7% |
| R&D / revenue | 5.8% | 5.1% | 4.3% | 3.5% | 2.8% | 3.2% | 3.1% | 2.5% | 2.6% | 2.6% |
| CapEx / revenue | 4.0% | 3.2% | 3.2% | 1.9% | 2.9% | 2.5% | 2.8% | 2.4% | 2.0% | 2.1% |
| Long-term debt / equity | 0.48x | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Effective tax rate | 18.9% | 22.6% | 25.2% | 19.6% | 19.5% | 22.2% | 21.1% | 22.5% | 21.7% | 36.8% |
Amounts are abbreviated; the exact reported value is carried in each cell. — means unavailable, not zero. Open GNRC in the interactive workspace to inspect any figure back to its filing.
Source filings
10-Q · Filed 2026-08-04View SEC filing
10-Q · Filed 2026-05-05View SEC filing
10-K · Filed 2026-02-18View SEC filing
10-Q · Filed 2025-11-04View SEC filing
10-Q · Filed 2025-08-05View SEC filing
10-Q · Filed 2025-05-06View SEC filing
Reconciliation checks needing review
1 period on this page do not reconcile under this site’s normalization. Read that as a limitation here before an observation about the company: the figures are the filer’s own, the filings linked above are authoritative, and a difference usually means the concepts this site selected do not match how this filer presents its statements. Nothing is adjusted to make a check pass.