Generac Holdings (GNRC) Gross Margin (2011 - 2026)
Generac Holdings (GNRC) reported Gross Margin of 38.72% for Q1 2026, down 76.0% on a YoY basis from 161.35% in Q1 2025, and up 6.72% sequentially from 36.29% in Q4 2025.
Generac Holdings (GNRC) Gross Margin (2011 - 2026) Analysis & Trends
Generac Holdings (GNRC) has 16 years of Gross Margin data on file, last reported at 38.72% in Q1 2026.
- For the quarter ending Q1 2026, Gross Margin fell 76.0% year-over-year to 38.72%; the trailing twelve-month figure through Mar 2026 stood at 38.14% (down 144.0% YoY), and the FY2025 full-year result was 38.29%, down 48.0% from the prior year.
- Gross Margin improved to 38.72% in Q1 2026, from 36.29% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 40.61% in Q4 2024 to a low of 30.69% in Q1 2023.
- A 5-year average of 36.14% and a median of 36.29% in 2025 frame the typical range for Gross Margin.
- Across the five-year window, Gross Margin sank 810 bps in 2022 and surged 514 bps in 2024, its largest moves.
- Tracing GNRC's Gross Margin over 5 years: stood at 32.71% in 2022, then climbed by 12 bps to 36.55% in 2023, then grew by 11 bps to 40.61% in 2024, then decreased by 11 bps to 36.29% in 2025, then increased by 7 bps to 38.72% in 2026.
- Business Quant data shows GNRC's Gross Margin at 38.72% in Q1 2026, 36.29% in Q4 2025, and 38.31% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 270.93 Bn | 257.81 Bn | 2.36 Bn | 21.25% |
| 2 | Eaton | 156.55 Bn | 155.79 Bn | 2.65 Bn | 35.59% |
| 3 | Parker-Hannifin | 124.04 Bn | 123.57 Bn | 2.02 Bn | 36.77% |
| 4 | Cummins | 91.66 Bn | 88.48 Bn | 2.24 Bn | 26.71% |
| 5 | Emerson Electric | 82.90 Bn | 81.11 Bn | 2.42 Bn | 53.09% |
| 6 | Illinois Tool Works | 81.54 Bn | 80.71 Bn | 1.76 Bn | 43.82% |
| 7 | Ametek | 55.40 Bn | 54.92 Bn | 717.56 Mn | 37.21% |
| 8 | Rockwell Automation | 51.78 Bn | 51.35 Bn | 1.13 Bn | 50.25% |
| 9 | Ingersoll Rand | 32.99 Bn | 31.71 Bn | 792.40 Mn | 42.90% |
| 10 | Generac Holdings | 11.71 Bn | 11.45 Bn | 410.24 Mn | 38.72% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 38.72% |
| Dec 31, 2025 | 36.29% |
| Sep 30, 2025 | 38.31% |
| Jun 30, 2025 | 39.27% |
| Mar 31, 2025 | 39.48% |
| Dec 31, 2024 | 40.61% |
| Sep 30, 2024 | 40.24% |
| Jun 30, 2024 | 37.62% |
| Mar 31, 2024 | 35.58% |
| Dec 31, 2023 | 36.55% |
| Sep 30, 2023 | 35.10% |
| Jun 30, 2023 | 32.83% |
| Mar 31, 2023 | 30.69% |
| Dec 31, 2022 | 32.71% |
| Sep 30, 2022 | 33.18% |
| Jun 30, 2022 | 35.39% |
| Mar 31, 2022 | 31.76% |
| Dec 31, 2021 | 33.98% |
| Sep 30, 2021 | 35.64% |
| Jun 30, 2021 | 36.93% |