GNRC Generac Holdings (GNRC) Q1 FY26 earnings call
Generac delivered a strong Q1 FY26, driven by robust growth in its C&I segment, particularly from data center demand, and significant margin expansion across both segments. The company raised its full-year net sales and adjusted EBITDA margin outlook, reflecting continued momentum and strategic acquisitions like Enercon. Management expressed high confidence in capturing a growing share of the data center market while navigating a dynamic residential market with a focus on efficiency and long-term growth.
You’re reading a preview. Opening the full call uses 1 concall credit.
Sign in to use your monthly call allowance.
GNRC operating KPIs by quarter
| KPI | This call Mar 2026 Q1 FY26 | Jun 2026 Q2 FY26 | Change vs prior quarter |
|---|---|---|---|
| Backlog Data centers | $700M+Importantly, we have also realized significant order activity from both new and existing data center customers, increasing our current backlog to more than $700 million, which does not include the anticipated impact of the notice of reset opportunity mentioned above and represents an increase of approximately $300 million since our fourth quarter update in mid-February.Source: earnings call transcript | $1.6BWith the addition of the first hyperscale customer, our backlog for products sold to the data center market now stands at $1.6 billion, representing new orders of approximately $1 billion over the last 90 days.Source: earnings call transcript | — |
| Residential dealer network | 9,500+Our residential dealer network expanded further during the quarter and now includes more than 9,500 dealers, representing an increase of approximately 300 from the prior year.Source: earnings call transcript | ~9,700Our residential dealer network also expanded again during the quarter and now includes approximately 9,700 dealers, representing an increase of nearly 400 new partners from the prior year.Source: earnings call transcript | — |
| Ecobee connected homes | 5M+An important metric, Ecobee's connected home count grew to -- continued to grow in the quarter to more than 5 million homes with service attach rates further increasing and providing us with a growing high-margin recurring revenue stream to complement Ecobee's expanding hardware market share.Source: earnings call transcript | 5.25M+ecobee's connected homes count also increased at a mid-teens rate from the prior year, surpassing 5.25 million homes during the quarter.Source: earnings call transcript | — |
Operating figures the company stated on at least two of the calls shown, checked against each call's transcript. Click a figure to read the sentence. A dash means it was not stated that quarter.
Inve summary of the company's earnings call; see how call summaries are prepared. Not investment advice.