Operating Income Nearly Doubles on Margin Expansion
Operating income grew 88.2% to $210.4M, driven by a 5.2 percentage point gross margin improvement and only a modest 9% increase in R&D expense, demonstrating strong operating leverage.
GENERAC HOLDINGS INC. is expected to release its Q3 2026 10-Q filing on October 27, 2026, before market open. Last quarter: Generac's Q2 FY2026 earnings surged as Commercial & Industrial sales jumped 29%, offsetting a residential decline and driving margin expansion.
EPS Estimate
$2.52
Revenue Estimate
$1.35B
Analyst consensus from Finnhub and Financial Modeling Prep. Actual results posted within minutes of the SEC filing on the GNRC page.
Drawn from management commentary in the Q2 2026 10-Q:
Operating income grew 88.2% to $210.4M, driven by a 5.2 percentage point gross margin improvement and only a modest 9% increase in R&D expense, demonstrating strong operating leverage.
Cumulative operating cash flow reached $240.5M, up 84.5% from $130.3M in the prior-year period, reflecting higher net income and improved working capital efficiency.
The company did not repurchase any shares in the first half of fiscal 2026, compared to $147.9M in the prior-year period, indicating a shift in capital allocation priorities.
Revenue
$1.17B
+10.59% YoY
EPS (Diluted)
$2.40
+92.00% YoY
Gross Margin
44.5%
+5.2 pts YoY
Operating Income
$210.43M
+88.24% YoY
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