Generac Income Statement
GNRC / Industrials|15 years of annual SEC 10-K data (FY2011-FY2025)
Line items include revenue, cost of goods sold, gross profit, operating expenses, interest, taxes, and net income with per-share data across 15 fiscal years. All figures from audited SEC 10-K filings.
Generac reported $4.2B in revenue and $160M in net income for FY2025. Revenue has grown at a 12.7% compound annual rate over the past 14 years.
Based on SEC 10-K filings.
Key Data Points
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
| Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $4.2B | $4.3B | $4.0B | $4.6B | $3.7B | $2.5B | $2.2B | $2.0B | $1.7B | $1.4B | $1.3B | $1.5B | $1.5B | $1.2B | $792.0M |
| Cost of Revenue | $2.6B | $2.6B | $2.7B | $3.0B | $2.4B | $1.5B | $1.4B | $1.3B | $1.1B | $935.3M | $857.3M | $944.7M | $916.2M | $735.9M | $497.3M |
| Gross Profit | $1.6B | $1.7B | $1.4B | $1.5B | $1.4B | $957.7M | $797.8M | $725.0M | $584.8M | $512.4M | $459.9M | $516.2M | $569.6M | $440.4M | $294.7M |
| SG&A Expense | $422.2M | $285.1M | $253.4M | $196.3M | $144.3M | $118.2M | $109.0M | $103.8M | $87.6M | $74.7M | $52.9M | $54.8M | $55.5M | $46.0M | $30.0M |
| R&D Expense | $243.5M | $219.6M | $173.4M | $159.8M | $104.3M | $80.3M | $68.4M | $50.0M | $42.9M | $37.2M | $32.9M | $31.5M | $29.3M | $23.5M | $16.5M |
| Operating Income | $289.2M | $536.7M | $386.2M | $566.3M | $721.1M | $479.1M | $372.2M | $357.2M | $250.6M | $202.8M | $179.6M | $293.4M | $351.5M | $223.6M | $113.0M |
| Interest Expense | $70.7M | $89.7M | $97.6M | $54.8M | $33.0M | $33.0M | $41.5M | $41.0M | $42.7M | $44.6M | $42.8M | $47.2M | $54.4M | $49.1M | $23.7M |
| Income Tax | $37.7M | $92.5M | $73.2M | $99.6M | $135.0M | $99.0M | $67.3M | $69.9M | $44.1M | $56.5M | $45.2M | $83.7M | $104.2M | $63.1M | -$237.7M |
| Net Income | $159.6M | $316.3M | $214.6M | $399.5M | $550.5M | $350.6M | $252.0M | $238.3M | $157.8M | $97.2M | $77.7M | $174.6M | $174.5M | $93.2M | $324.6M |
| EPS (Basic) | $3.31 | $5.55 | $8.51 | $5.61 | $4.09 | $3.57 | $2.56 | $1.48 | $1.14 | $2.55 | $2.56 | $1.38 | $4.84 | $0.45 | - |
| EPS (Diluted) | $3.27 | $5.42 | $8.30 | $5.48 | $4.03 | $3.54 | $2.53 | $1.47 | $1.12 | $2.49 | $2.51 | $1.35 | $4.79 | $0.44 | - |
| Shares Outstanding | 62.1M | 64.7M | 64.3M | 63.7M | 62.9M | 62.2M | 62.6M | 65.4M | 69.2M | 70.2M | 69.7M | 69.2M | 67.8M | 67.7M | - |
| Gross Margin | 38.3% | 38.8% | 33.9% | 33.3% | 36.4% | 38.5% | 36.2% | 35.8% | 34.8% | 35.4% | 34.9% | 35.3% | 38.3% | 37.4% | 37.2% |
| Operating Margin | 6.9% | 12.5% | 9.6% | 12.4% | 19.3% | 19.3% | 16.9% | 17.6% | 14.9% | 14.0% | 13.6% | 20.1% | 23.7% | 19.0% | 14.3% |
| Profit Margin | 3.8% | 7.4% | 5.3% | 8.8% | 14.7% | 14.1% | 11.4% | 11.8% | 9.4% | 6.7% | 5.9% | 11.9% | 11.8% | 7.9% | 41.0% |