---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-24-014044"
form_type: "8-K"
ticker: "GNRC"
cik: "0001474735"
company_name: "GENERAC HOLDINGS INC."
filed_at: "2024-05-01T23:59:59+00:00"
generated_at: "2026-06-03T02:41:29.638144+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Generac Q1 net sales flat at $889M; adjusted EPS up 36% to $0.88, guidance maintained

## Summary
- Net sales $889M (flat YoY); core sales down ~1%. Residential +2%, C&I -2%.
- Adjusted net income $53M ($0.88 EPS) vs $39M ($0.63 EPS) YoY; net income $26M ($0.39 EPS).
- Adjusted EBITDA $127M (14.3% of sales) vs $100M (11.3%); free cash flow $85M vs ($42M).
- Domestic segment sales flat at $720.5M; margin improved to 13.8% from 9.4%.
- FY2024 guidance: net sales growth 3-7%, adj. EBITDA margin 16.5-17.5%, FCF conversion ~100%.

## SEC filing metadata
- accession: 0001437749-24-014044
- form_type: 8-K
- ticker: GNRC
- cik: 0001474735
- company_name: GENERAC HOLDINGS INC.
- filed_at: 2024-05-01T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- 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/1474735/000143774924014044/0001437749-24-014044-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1474735/000143774924014044/gnrc20240429_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-24-014044
- JSON: https://secwatch.observer/filing/0001437749-24-014044.json
- Plain text: https://secwatch.observer/filing/0001437749-24-014044.txt

## Key facts
- Earnings Releases
  GENERAC HOLDINGS INC. reported first quarter ended March 31, 2024 results: revenue $889 million, net income $26 million, EPS $0.39 per share. Guidance reaffirmed.
  - Period: first quarter ended March 31, 2024
  - Revenue: $889 million
  - Net income: $26 million
  - EPS: $0.39 per share
  - Guidance: reaffirmed
  - Result: reported results
  source text: Net sales increased to $889 million during the first quarter of 2024 as compared to $888 million in the prior-year first quarter. Core sales, which excludes both the impact of acquisitions and foreign currency, was down approximately 1% from the prior year period. - Residential product sales increased approximately 2% to $429 million as compared to $419 million last year. - Commercial & Industrial (“C&I”) product sales decreased approximately 2% to $354 million as compared to $363 million in the prior year. ● Net income attributable to the Company during the first quarter was $26 million, or $0.39 per share, as compared to $12 million, or $0.05 per share, for the same period of 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1474735/000143774924014044/0001437749-24-014044-index.htm

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