v3.26.1
Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 264,921 $ 341,413
Accounts receivable, less allowance for credit losses of $33,767 and $34,504 at June 30, 2026 and December 31, 2025, respectively 669,204 602,739
Inventories 1,238,871 1,248,867
Prepaid expenses and other current assets 260,381 269,459
Total current assets 2,433,377 2,462,478
Property and equipment, net 862,578 813,605
Customer lists, net 159,251 127,517
Patents and technology, net 313,682 338,308
Other intangible assets, net 7,375 10,011
Tradenames, net 221,107 199,430
Goodwill 1,651,751 1,467,094
Deferred income taxes 8,107 41,949
Operating lease and other assets 114,923 113,287
Total assets 5,772,151 5,573,679
Current liabilities:    
Short-term borrowings 48,318 50,618
Accounts payable 556,088 436,583
Accrued wages and employee benefits 62,360 69,850
Accrued product warranty 43,473 44,716
Other accrued liabilities 447,770 591,387
Current portion of long-term borrowings and finance lease obligations 32,052 22,192
Total current liabilities 1,190,061 1,215,346
Long-term borrowings and finance lease obligations 1,248,958 1,260,256
Deferred income taxes 54,270 60,913
Deferred revenue 227,820 232,921
Operating lease and other long-term liabilities 173,047 165,197
Total liabilities 2,894,156 2,934,633
Redeemable non-controlling interest 367 742
Stockholders’ equity:    
Common stock, par value $0.01, 500,000,000 shares authorized, 74,234,629 and 74,050,753 shares issued at June 30, 2026 and December 31, 2025, respectively 742 741
Additional paid-in capital 1,211,335 1,187,419
Treasury stock, at cost, 15,228,990 and 15,373,990 shares at June 30, 2026 and December 31, 2025, respectively (1,334,835) (1,358,053)
Excess purchase price over predecessor basis (202,116) (202,116)
Retained earnings 3,220,054 3,003,557
Accumulated other comprehensive (loss) income (17,557) 874
Stockholders’ equity attributable to Generac Holdings Inc. 2,877,623 2,632,422
Noncontrolling interests 5 5,882
Total stockholders' equity 2,877,628 2,638,304
Total liabilities and stockholders’ equity $ 5,772,151 $ 5,573,679