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Condensed Consolidated Statements of Comprehensive Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Net sales $ 1,114,353 $ 1,173,563 $ 3,117,643 $ 3,061,033
Costs of goods sold 687,431 701,294 1,901,986 1,896,824
Gross profit 426,922 472,269 1,215,657 1,164,209
Operating expenses:        
Selling and service 145,104 145,310 410,664 382,049
Research and development 60,059 56,936 182,461 160,342
General and administrative 93,748 77,242 247,924 209,392
Amortization of intangibles 24,932 24,157 76,102 73,698
Total operating expenses 323,843 303,645 917,151 825,481
Income from operations 103,079 168,624 298,506 338,728
Other (expense) income:        
Interest expense (18,461) (22,910) (53,813) (69,833)
Investment income 1,646 1,757 5,618 5,286
Change in fair value of investments (5,667) 5,198 (17,138) (2,938)
Loss on refinancing of debt (1,225) (4,861) (1,225) (4,861)
Other, net (1,034) (577) (5,244) (1,949)
Total other expense, net (24,741) (21,393) (71,802) (74,295)
Income before provision for income taxes 78,338 147,231 226,704 264,433
Provision for income taxes 11,758 33,453 41,416 65,124
Net income 66,580 113,778 185,288 199,309
Net income attributable to noncontrolling interests 419 36 1,271 220
Net income attributable to Generac Holdings Inc. $ 66,161 $ 113,742 $ 184,017 $ 199,089
Net income attributable to Generac Holdings Inc. per common share - basic: (in dollars per share) $ 1.14 $ 1.91 $ 3.14 $ 3.29
Weighted average common shares outstanding - basic: (in shares) 58,263,218 59,493,640 58,604,097 59,720,597
Net income attributable to Generac Holdings Inc. per common share - diluted: (in dollars per share) $ 1.12 $ 1.89 $ 3.1 $ 3.25
Weighted average common shares outstanding - diluted: (in shares) 59,122,849 60,312,393 59,314,618 60,475,478
Comprehensive income attributable to Generac Holdings Inc. $ 60,765 $ 129,284 $ 267,125 $ 186,245