---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-22-025447"
form_type: "8-K"
ticker: "GNRC"
cik: "0001474735"
company_name: "GENERAC HOLDINGS INC."
filed_at: "2022-11-02T23:59:59+00:00"
generated_at: "2026-06-22T13:25:14.168471+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Generac Q3 net sales up 15% to $1.09B but net income drops 56% on $55.3M charges

## Summary
- Net income $58M ($0.83/sh) vs $132M ($1.93/sh); includes $55.3M charges for clean energy customer bankruptcy and warranty.
- Adjusted EBITDA margin fell to 16.9% from 22.2%; free cash flow turned negative at $(73.5)M vs $42.1M.
- Full-year 2022 guidance: net sales growth ~22-24%, adjusted EBITDA margin ~18-19%, net income margin ~9-10%.
- Residential sales growth slowed to 9% due to channel inventory constraints; C&I sales grew 20%.
- Board authorized new $500M stock repurchase program over 24 months; Q3 repurchases $123.9M exhausted prior program.

## SEC filing metadata
- accession: 0001437749-22-025447
- form_type: 8-K
- ticker: GNRC
- cik: 0001474735
- company_name: GENERAC HOLDINGS INC.
- filed_at: 2022-11-02T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1474735/000143774922025447/0001437749-22-025447-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1474735/000143774922025447/gnrc20221031_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-22-025447
- JSON: https://secwatch.observer/filing/0001437749-22-025447.json
- Plain text: https://secwatch.observer/filing/0001437749-22-025447.txt

## Key facts
- Earnings Releases
  GENERAC HOLDINGS INC. reported the third quarter ended September 30, 2022 results: revenue $1.09 billion, net income $58 million, EPS $0.83 per share.
  - Period: the third quarter ended September 30, 2022
  - Revenue: $1.09 billion
  - Net income: $58 million
  - EPS: $0.83 per share
  - Result: reported results
  source text: Net sales increased 15% to $1.09 billion during the third quarter of 2022 as compared to $943 million in the prior-year third quarter.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1474735/000143774922025447/0001437749-22-025447-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.