Generac (GNRC) reported third-quarter 2026 adjusted EPS of $2.54, beating the Zacks Consensus Estimate of $2.38 by 6.7% and up 38.8% from the prior year. Net sales rose 16% to $1.29 billion but missed the consensus estimate of $1.31 billion. Commercial & Industrial (C&I) revenues climbed about 28% to $553 million on data center demand, and the data center backlog grew significantly to nearly $4.5 billion. Generac signed a long-term supply agreement with Amazon (AMZN) for backup power generators for Amazon data centers, with initial deliveries expected to total $2.4 billion in 2027 and 2028. Residential revenues rose about 9% to $744.1 million, and the company reaffirmed its 2026 net sales growth outlook in the mid-to-high teens range while raising the lower end of its adjusted EBITDA margin guidance to 20.5–21%.
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