Generac Holdings (GNRC) Gross Margin (2011 - 2026)
Generac Holdings' Gross Margin came in at 44.47% for Q2 2026, up 5.19 percentage points from 39.27% a year earlier and up 5.74 percentage points from the prior quarter.
Powered by 
Analysis
Generac Holdings (GNRC) Gross Margin (2011 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Generac Holdings reported Gross Margin of 39.54%, down 0.41 percentage points year-over-year; for FY2025, it was 38.29%, down 0.48 percentage points from FY2024.
- Gross Margin carries a five-year change of -0.24 percentage points (FY2020 to FY2025).
- Going back by year, Gross Margin was 38.77% in FY2024 (+4.83 pp), 33.94% in FY2023 (+0.60 pp), 33.34% in FY2022 (-3.05 pp) and 36.39% in FY2021 (-2.14 pp).
- The Q2 2026 figure represents the highest quarterly Gross Margin in data going back to Q1 2011.
- Year-over-year, Gross Margin increased in five of the last eight quarters, with an average year-over-year change of +1.62 percentage points.
- The fastest year-over-year change in Gross Margin over five years came in Q2 2026 (a gain of 5.19 percentage points), and the weakest in Q1 2022 (a drop of 8.10 percentage points).
- Business Quant data shows GNRC's Gross Margin at 38.72% (Q1 2026), 36.29% (Q4 2025) and 38.31% (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 252.99 Bn | 214.06 Bn | 2.36 Bn | 21.25% |
| 2 | Bloom Energy | 81.25 Bn | 73.07 Bn | 355.57 Mn | 33.38% |
| 3 | First Solar | 18.82 Bn | 9.78 Bn | 605.00 Mn | 57.28% |
| 4 | BWX Technologies | 12.55 Bn | 10.85 Bn | 202.31 Mn | 22.44% |
| 5 | Generac Holdings | 12.21 Bn | 11.04 Bn | 521.81 Mn | 44.47% |
| 6 | Nextpower | 11.82 Bn | 7.71 Bn | 335.85 Mn | 35.91% |
| 7 | EnerSys | 6.67 Bn | 4.86 Bn | 313.36 Mn | 33.49% |
| 8 | Enphase Energy | 4.36 Bn | -500.13 Mn | 175.01 Mn | 59.97% |
| 9 | Mirion Technologies | 3.45 Bn | 1.34 Bn | 133.10 Mn | 49.89% |
| 10 | Nuscale Power | 3.24 Bn | 3.19 Bn | -152,000.00 | -202.67% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 44.47% |
| 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% |
API Access
Generac Holdings Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=GNRC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "GNRC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=GNRC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();