Company / R&D Expense
Generac R&D Expense History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest R&D Expense
$243.5M
FY2025
5-year range
$104.3M / $243.5M
FY2021-FY2025
Trend
+10.9%
vs FY2024
Sector context
#38 of 167
Industrials
What the data says
Generac's r&d expense of $243M is higher than 77% of companies in the Industrials sector (FY2025). R&D Expense has increased for 9 consecutive years, from $37M in FY2016 to $243M in FY2025.
Based on SEC 10-K filings.
$243M in FY2025 with a 5-year CAGR of +24.9%. Top quartile in the Industrials sector.
Improved from $173M to $243M over the past 2 years.
Industrials sector context is included.
R&D Expense over time
Growth rates
- 3-Year CAGR
- +15.1%
- 5-Year CAGR
- +24.9%
- 10-Year CAGR
- -
Sector benchmark
Top 23% in IndustrialsTop 23% of 167This company $243.5M Sector average $283.8M
▼
-14.2% below sector average
Key checks
Key Insights
- Generac's r&d expense has grown for 9 consecutive years.
- 5-year CAGR of +24.9%, indicating consistent growth.
- In FY2025, r&d expense increased 10.9% year-over-year.
- Ranks #38 out of 167 companies in the Industrials sector.
Company context
Key Data Points
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | R&D ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $243.5M | +10.9% |
| FY2024 | $219.6M | +26.6% |
| FY2023 | $173.4M | +8.6% |
| FY2022 | $159.8M | +53.2% |
| FY2021 | $104.3M | +30.0% |
| FY2020 | $80.3M | +17.3% |
| FY2019 | $68.4M | +36.7% |
| FY2018 | $50.0M | +16.7% |
| FY2017 | $42.9M | +15.4% |
| FY2016 | $37.2M | +12.9% |
As of FY2025 · SEC 10-K · Updated Feb 28, 2026