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Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 300,009 $ 281,277
Accounts receivable, less allowance for credit losses of $34,543 and $35,465 at September 30, 2025 and December 31, 2024, respectively 680,082 612,107
Inventories 1,329,687 1,031,647
Prepaid expenses and other current assets 192,335 107,139
Total current assets 2,502,113 2,032,170
Property and equipment, net 778,590 690,023
Customer lists, net 135,982 152,737
Patents and technology, net 350,132 379,095
Other intangible assets, net 12,714 20,026
Tradenames, net 201,420 206,664
Goodwill 1,465,099 1,436,261
Deferred income taxes 20,111 24,132
Operating lease and other assets 131,941 168,223
Total assets 5,598,102 5,109,331
Liabilities, Current [Abstract]    
Short-term borrowings 46,046 55,848
Accounts payable 620,717 458,693
Accrued wages and employee benefits 68,251 81,485
Accrued product warranty 44,689 56,127
Other accrued liabilities 349,477 313,401
Long-Term Debt and Lease Obligation, Current 17,139 67,598
Total current liabilities 1,146,319 1,033,152
Long-term borrowings and finance lease obligations 1,356,971 1,210,776
Deferred income taxes 62,091 33,185
Deferred revenue 208,939 193,260
Operating lease and other long-term liabilities 173,954 141,515
Total liabilities 2,948,274 2,611,888
Redeemable non-controlling interests 930 0
Stockholders’ equity:    
Common stock, par value $0.01, 500,000,000 shares authorized, 74,050,637 and 73,785,631 shares issued at September 30, 2025 and December 31, 2024, respectively 741 738
Additional paid-in capital 1,176,108 1,133,756
Treasury stock, at cost, 15,365,404 and 14,173,697 shares at September 30, 2025 and December 31, 2024, respectively (1,356,714) (1,196,997)
Excess purchase price over predecessor basis (202,116) (202,116)
Retained earnings 3,028,020 2,844,296
Accumulated other comprehensive loss (2,291) (85,399)
Stockholders’ equity attributable to Generac Holdings Inc. 2,643,748 2,494,278
Noncontrolling interests 5,150 3,165
Total stockholders' equity 2,648,898 2,497,443
Total liabilities and stockholders’ equity $ 5,598,102 $ 5,109,331