Generac's third-quarter net sales rose 16% year over year to a record $1.29 billion, while adjusted EBITDA increased 33% to $256 million, driven by data-center demand in its commercial and industrial business and a recovery in residential generator sales. A long-term Amazon agreement includes expected deliveries of $2.4 billion across 2027 and 2028, helping drive the data-center backlog to approximately $4.5 billion. Management expects 2027 data-center revenue to well exceed $2 billion and raised its adjusted EBITDA margin outlook to 20.5%–21%. Generac is expanding large-megawatt generator capacity, targeting roughly $4 billion in annual data-center-related capacity by the second half of 2027.
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