GNRC Generac Holdings (GNRC) Q2 FY26 earnings call
Generac reported strong Q2 FY26 results, driven by significant momentum in its C&I segment, particularly from hyperscale data center demand, which led to substantial backlog growth and increased capacity investments. Despite a modest reduction in the Residential segment outlook due to soft power outage activity and affordability concerns, the company is aggressively expanding its large megawatt generator production, aiming to triple capacity within 12 months. This strategic focus positions Generac to capitalize on generational growth opportunities in AI infrastructure and power quality challen
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GNRC operating KPIs by quarter
| KPI | Mar 2026 Q1 FY26 | This call 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.