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Screener / SEC EDGAR /CIK 0001474735 /10-K filed Feb 18, 2026, compared with Feb 19, 2025 /Numbers from the XBRL of the 10-Ks
Industrials peers:
CPRTROLALLEFTVGNRCSNA
NYSE Industrials · Electrical Equipment

Generac GNRC

GNRC quote by TradingView

Founded in 1959, Generac is a leading global designer, manufacturer, and provider of a wide range of energy technology solutions. 10-K, Item 1

Headquarters
Waukesha, WI
CEO
Aaron Jagdfeld
Next results
around Feb 10, 2027
Compare with peers Embed

Where each dollar of revenue went, FY2025

Revenue of $4.2B through the costs to a net profit of $159.6M · income statement of the 10-K

7% operating margin
Revenue to Gross profit: $1.6BRevenue to Cost of revenue: $2.6BGross profit to Operating profit: $289.2MGross profit to Operating expenses: $1.3BOperating profit to Net profit: $159.6MOperating profit to Tax & other: $129.6MOperating expenses to R&D: $243.5MOperating expenses to Sales, admin & other: $1.1B Revenue: $4.2B REVENUE $4.2B −2% Y/Y Gross profit: $1.6B · 38% margin GROSS PROFIT $1.6B 38% margin · −3% Y/Y Cost of revenue: $2.6B · 62% of revenue COST OF REVENUE $2.6B 62% of revenue Operating profit: $289.2M · 7% margin OPERATING PROFIT $289.2M 7% margin · −46% Y/Y Operating expenses: $1.3B · 31% of revenue OPERATING EXPENSES $1.3B 31% of revenue Net profit: $159.6M · 4% margin NET PROFIT $159.6M 4% margin · −50% Y/Y Tax & other: $129.6M · 3% of revenue TAX & OTHER $129.6M 3% of revenue R&D: $243.5M · 6% of revenue R&D $243.5M 6% of revenue Sales, admin & other: $1.1B · 26% of revenue SALES, ADMIN & OTHER $1.1B 26% of revenue
Gross profit $1.6B 38% margin · −3% Y/Y
Operating profit $289.2M 7% margin · −46% Y/Y
Net profit $159.6M 4% margin · −50% Y/Y
The full income statement, year by year

GNRC among Industrials peers

Six ratios from the latest 10-K. Each corner is the share of 81 peers the company is above, not a score.

Compare
Revenue growth: -2.0%, above 11% of 81 peers (their median 4.9%) REVENUE GROWTH -2.0% · above 11% Gross margin: 39.9%, above 63% of 51 peers (their median 38.1%) GROSS MARGIN 39.9% · above 63% Operating margin: 10.4%, above 25% of 71 peers (their median 17.5%) OPERATING MARGIN 10.4% · above 25% Net margin: 6.5%, above 20% of 81 peers (their median 13.0%) NET MARGIN 6.5% · above 20% FCF margin: 9.0%, above 26% of 78 peers (their median 13.3%) FCF MARGIN 9.0% · above 26% Return on capital: 5.4%, above 3% of 65 peers (their median 14.2%) RETURN ON CAPITAL 5.4% · above 3%
GNRC Peer median Below the median

What changed

2 new risk paragraphs and 2 accounting facts worth reading about. 10-K filed Feb 18, 2026 against Feb 19, 2025.

Risk factors
2 new paragraphs, nothing like them in the previous 10-K
10-K Item 1A
Inventory growing faster than revenue
Inventory +21.1% vs revenue -2.0% (+23.1 pts)
10-K · XBRL
Critical audit matters changed
New this year: Goodwill (“The Company’s evaluation of goodwill for impairment involves the comparison of the fair value of each reporting unit to its carrying value. The Company’s estimate for each reporting unit is based on the present value of estimated future cash flows attributable to the respective reporting unit. This ”). Same as last year: Revenue
10-K · XBRL
Accounting checks
9 other checks clear, 2 worth a look
10-K · XBRL
Insiders
No open-market buys in the last 90 days
Form 4
Filings
2 in the last 30 days
EDGAR

Each row opens the detail with the quote and the filing. A row is a change worth reading, not a verdict.

Accounting checks

11 checks on the latest 10-K. Checks, not verdicts.

How it works

2facts worth reading about the other 9 checks found nothing to note

  • Inventory growing faster than revenue
    Inventory +21.1% vs revenue -2.0% (+23.1 pts)
  • Critical audit matters changed
    New this year: Goodwill (“The Company’s evaluation of goodwill for impairment involves the comparison of the fair value of each reporting unit to its carrying value. The Company’s estimate for each reporting unit is based on the present value of estimated future cash flows attributable to the respective reporting unit. This ”). Same as last year: Revenue
  • Receivables -1.5% vs revenue -2.0% (+0.5 pts)
8 more checks with nothing to note
  • Cash from operations $438.0M vs net income $159.6M (FY ending Dec 31, 2025)
  • Same auditor in both 10-Ks: Deloitte & Touche LLP
  • No statement of substantial doubt about going concern
  • No 8-K item 4.02 in the last 2 years
  • No NT 10-K or NT 10-Q in the last 2 years
  • No sentence in the 10-K concludes that controls were not effective because of a material weakness
  • No 8-K item 2.06 in the last 2 years
  • No 8-K item 1.03 in the last 2 years

In their words

2 paragraphs in Risk Factors that were not in the 10-K filed Feb 19, 2025. Quoted as filed.

All 2 new paragraphs
  1. Item 1A · new paragraph · not in the 10-K filed Feb 19, 2025 10-K, ITEM 1A
    Growth of the data center market is difficult to project and may not be sustaining, and we may not be successful in achieving our growth, revenue, or profitability objectives in the future related to it. The increasing use and development of artificial intelligence has created significant demand for the build out of data center…

New risk paragraphs, against peers

Latest 10-K of each, Industrials companies closest in revenue

Paragraphs in Risk Factors with nothing like them in the company's 10-K the year before. A count of text, not of risk.

Financial performance

Last 4 fiscal years · 10-K XBRL

All years
MetricFY2022FY2023FY2024FY2025
Revenue$4.6B$4.0B$4.3B$4.2B
Net income$399.5M$214.6M$316.3M$159.6M
Operating cash flow$58.5M$521.7M$741.3M$438.0M
Free cash flow−$27.7M$392.6M$604.6M$268.1M

Revenue, FY2016 to FY2025

Ten fiscal years, each from its own 10-K · XBRL · USD

$4.2B ▼ 2.0% in FY2025

FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Every number, year by year

Recent filings

2 filings in the last 30 days · SEC EDGAR

All filings

About the company

Generac, Waukesha, WI · from the 10-K filed Feb 18, 2026

Founded in 1959, Generac is a leading global designer, manufacturer, and provider of a wide range of energy technology solutions. Generac provides power generation equipment, energy storage systems, energy management devices & solutions, and other power products and services serving the residential, commercial, data center, telecom, rental, and industrial markets. The Company’s broad portfolio of energy technology offerings for homes and businesses enables its mission to Power a Smarter World and lead the evolution to more resilient, efficient, and innovative energy solutions.

Headquarters
Waukesha, WI
Country
United States
Reports in
USD
Listed on
NYSE
Fiscal year ends
December 31
Last results
Oct 28, 2026
Incorporated in
DE

Email alerts

Sources

The 10-K filed Feb 18, 2026 (open at SEC), compared with the 10-K filed Feb 19, 2025. Numbers from the XBRL of the 10-Ks; filings from SEC EDGAR.

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