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Generac

Generac Power Systems, Inc. is an founded in 1959 and headquartered in , specializing in the design, manufacture, and distribution of and equipment, systems, and related solutions for residential, , and markets. Pioneering affordable home standby generators and the first engines specifically engineered for generator use, Generac has established itself as the leading provider of residential power products in , offering a diverse portfolio that includes portable generators, automatic transfer switches, light towers, power washers, solar inverters, and energy management systems capable of supporting outputs up to 2 MW. The company, which went public in and is listed on the under the ticker GNRC, operates manufacturing facilities primarily in and has expanded internationally, emphasizing resilient, efficient, and sustainable energy technologies to address power outages, grid modernization, and electrification trends.

History

Founding and early development

Generac was founded in by Robert D. Kern in a small barn in Wales, —near Waukesha—with just five employees, initially focusing on the manufacture of portable generators based on innovative designs tailored for consumer needs. The company quickly established itself by producing portable generators for major retailers, notably partnering with , Roebuck and Co. to supply units under the brand, which became a cornerstone of its early revenue stream. This emphasis on small engines and portable generators targeted consumer markets, addressing demands for reliable backup power in households and outdoor activities. During the 1970s, Generac expanded its product line to include generators specifically designed for recreational vehicles (RVs), broadening its appeal in the leisure and mobile power sectors and solidifying its position as a leader in portable power solutions. By the 1980s, the company ventured into commercial and industrial markets, developing larger-scale generators to meet the needs of businesses requiring uninterrupted power, which marked a pivotal shift toward diversified applications beyond residential portability. A key came in 1989 with the launch of the first gaseous-fueled automatic home system, revolutionizing residential backup power by enabling seamless, fuel-efficient operation during outages. In 1992, Generac entered a significant with Caterpillar Inc., securing an exclusive agreement to private-label and manufacture generator sets under the Caterpillar brand, which enhanced its credibility and market reach in industrial segments. However, the collaboration faced challenges when Caterpillar announced termination of the agreement in 1996, citing a strategic shift, prompting Generac to file a under the Wisconsin Fair Dealership Law; the officially ended in 1998 following . That same year, Generac sold its portable products division to the Beacon Group—a private equity firm that later transferred it to —allowing the company to refocus on its growing business.

Expansion into new markets

In the late , Generac underwent a significant strategic shift by divesting its portable products division to the Beacon Group, a , in 1998. This sale allowed the company to refocus its resources on the development and production of standby generators, which had become a core strength building on its early origins in portable units during the founding era. The transaction marked a pivotal move toward specialization in residential and commercial power backup solutions amid growing demand for reliable outage protection. By the mid-2000s, Generac transitioned to ownership through its acquisition by affiliates of Advisors in November 2006. The deal, valued at approximately $1 billion, involved purchasing the company from founder Robert Kern and other shareholders, enabling expanded investment in research, development, and market positioning. This shift to provided Generac with capital and strategic guidance to pursue broader applications in power generation beyond its traditional base. In 2008, Aaron Jagdfeld was appointed as President and of Generac, effective September 30, succeeding the retiring leadership and steering the company toward enhanced commercial sector engagement. Jagdfeld's tenure from the outset emphasized operational efficiencies and market diversification, laying the groundwork for entry into industrial power solutions. This strategic direction culminated in the 2009 launch of Generac Industrial Power, facilitated by a with Fiat Powertrain Technologies (FPT) to produce larger diesel generators. Under the agreement, FPT began supplying a range of industrial diesel engines starting in 2010, enabling Generac to extend its offerings into commercial and industrial applications such as and standby systems for . The collaboration broadened Generac's portfolio, positioning it as a more comprehensive provider in the power solutions market.

Initial public offering and growth

Generac Holdings Inc. completed its on the under the GNRC on February 11, 2010, with 18,750,000 shares priced at $13.00 per share. The IPO generated net proceeds of approximately $224 million, which were used primarily to repay outstanding debt from its prior private equity-backed phase, thereby improving financial flexibility and enabling investments in operations and product development. This transition to public markets marked a pivotal step, providing capital to capitalize on rising demand for backup power solutions amid growing concerns over grid reliability. Post-IPO, Generac achieved robust revenue growth, particularly in the residential sector, as increasing awareness of power outages from events—such as hurricanes and Sandy—drove consumer adoption of home backup systems. Residential product sales, for example, rose 67.6% to $167.5 million in the fourth quarter of from $99.9 million the prior year, reflecting heightened demand following widespread outages. Overall, the company sustained an organic revenue of about 10% through the , underscoring its ability to leverage public market access for scaling amid these trends. Generac focused on enhancing its core product offerings during this era, with the Guardian Series emerging as a flagship line of air-cooled home standby generators designed for automatic operation and whole-home protection. Ranging from 10kW to 26kW, these units emphasized reliability and ease of integration with existing home systems, contributing significantly to residential . Concurrently, the company advanced into bi-fuel technologies, introducing the Bi-Fuel™ system around the IPO period to enable generators to switch seamlessly between and , thereby extending runtime during prolonged outages and appealing to users seeking versatile fuel options. By 2013, Generac expanded this technology with EPA-compliant, standardized engines for broader industrial and residential applications. To accommodate surging demand, Generac pursued organic manufacturing expansions in throughout the 2010s, including the 2017 acquisition of a facility in to relocate and ramp up production of residential products like heaters and generators. That same year, the company invested in operations, adding machinery, renovations, and jobs to boost efficiency and output for standby generators. These initiatives, part of broader investments across sites like Waukesha and , enhanced domestic capacity without relying on external acquisitions, supporting the company's growth trajectory through the decade.

Acquisitions and diversification

In the mid-2010s, Generac initiated a series of strategic acquisitions to expand beyond its core generator business into complementary power equipment and international markets. In 2015, the company acquired Country Home Products, a manufacturer of professional-grade engine-powered products under the DR® Power Equipment brand, which broadened its portfolio to include pressure washers, lawn mowers, and other outdoor power tools. This move allowed Generac to enter the growing market for residential and light commercial outdoor equipment, diversifying revenue streams from traditional standby generators. Building on this foundation, Generac targeted global expansion in 2017 by acquiring a majority stake in PR Industrial S.r.l., the owner of the Pramac® brand, a leading European manufacturer and distributor of generators and power distribution equipment. The acquisition enhanced Generac's international footprint, particularly in and , by integrating Pramac's established sales network and product lines for mobile and rental power solutions. The early 2020s marked an acceleration in acquisitions focused on clean and advanced controls. In 2021, Generac acquired Chilicon Power, a developer of high-efficiency microinverters for solar photovoltaic systems, enabling entry into the residential and integration of power conversion technologies with its ecosystem. Later that year, it purchased Electronics Limited, a UK-based designer of controllers and systems, which strengthened controls capabilities for both new and existing power generation products across global applications. By 2023, Generac shifted toward minority investments to deepen involvement in emerging energy sectors without full ownership commitments. The company took a strategic minority stake in N.V., a provider of () charging solutions, including bidirectional chargers, to support its expansion into home energy ecosystems that combine backup power, solar, and EV integration. In the same year, Generac invested in Rolling Energy Resources, an software firm, to enhance capabilities and grid services through advanced battery monitoring and optimization tools. In 2024, Generac continued its clean energy push with the full acquisition of PowerPlay Battery Energy Storage Systems from SunGrid Solutions, a provider of services for commercial and industrial battery storage projects up to 7 MWh. This addition positioned PowerPlay as a dedicated R&D hub in , bolstering Generac's end-to-end offerings for scalable solutions. In August 2024, Generac acquired Ageto, a provider of controllers that integrate and optimize distributed energy resources for commercial and industrial applications. In November 2024, the company acquired Wolverine Power Systems, an industrial and residential power equipment distributor headquartered in , to strengthen its sales and service network in the Midwest. These acquisitions collectively transformed Generac from a generator-focused firm into a diversified energy technology provider, with significant growth in clean energy segments like , charging, and battery storage, while expanding operations through brands like Pramac. The strategy has driven revenue diversification, with clean energy and sales comprising a larger share of the portfolio by 2025.

Corporate structure

Leadership and governance

Generac's leadership is headed by Aaron P. Jagdfeld, who has served as Chairman, , and since February 2016, following his appointment as and CEO in September 2008. Under Jagdfeld's direction, the company navigated its in 2010 and pursued strategic acquisitions that diversified its portfolio beyond traditional generators into energy technology solutions. York A. Ragen has been Chief Financial Officer since September 2008, overseeing financial strategy and providing guidance on key metrics, including the company's 2025 earnings outlook amid market challenges. Other senior executives include Jennifer Anderson, Executive Vice President of Corporate Strategy and Development since January 2024, who drives growth initiatives; Jim Barnes, promoted to Executive Vice President of Global Supply Chain in June 2025 after joining in 2022; Erik Wilde, President of Domestic Commercial and Industrial since July 2016; and Kyle Raabe, President of Consumer Power since November 2019. These leaders contribute to Generac's emphasis on operational efficiency and market expansion. The consists of 10 members, with Jagdfeld serving as Chairman since and a director since 2006, providing continuity in steering innovation for power reliability. Bennett J. Morgan acts as Lead Independent Director since February 2018, supported by independent directors including Marcia J. Avedon (since 2019, expertise in and advisory), Robert D. Dixon (since 2012, focus), William “BJ” Jenkins (since 2017, cybersecurity), Andrew G. Lampereur (since 2014, financial ), Nam T. Nguyen (since 2022, sustainable ), David A. Ramon (since 2010, operations), Kathryn V. Bohl (since 2016, manufacturing), and Dominick P. Zarcone (since 2017, executive ). The board's diverse backgrounds in , operations, and guide strategic decisions on reliability and technological advancement.

Manufacturing and global operations

Generac's primary manufacturing operations are centered in , where the company maintains several key facilities dedicated to the production of generators and related equipment. These include in , , , , and , which support the assembly and fabrication of residential, commercial, and industrial products. In July 2025, Generac opened its largest manufacturing facility to date in , a 345,000-square-foot site focused on medium-sized commercial generators, with initial staffing exceeding 100 employees and plans to expand to over 300 by the end of the year. This expansion enhances production capacity amid rising demand for backup solutions. The company's headquarters in , oversees U.S.-centric operations while facilitating global expansion. Internationally, Generac has established a presence in through its 2016 acquisition of Pramac Group, which operates manufacturing plants and branches across the continent, as well as in and , enabling distribution in over 150 countries. In the Asia-Pacific region, Generac leverages distribution networks, including recent expansions into markets like , to support regional sales and service. These efforts diversify the company's footprint beyond . As of 2024, Generac employed approximately 9,239 people worldwide, reflecting a 7.43% increase from the previous year, with further growth anticipated from 2025 facility expansions such as . To bolster , particularly following global disruptions, Generac has implemented strategic initiatives. , who joined in 2022 as Senior of Strategic Global Sourcing and was promoted to Executive of Global in 2025, has led efforts to optimize and mitigate risks in and component sourcing. These strategies emphasize diversified suppliers and nearshoring, including transferring production from to U.S. facilities like .

Products and innovations

Residential and portable generators

Generac's portable generators provide versatile backup and recreational power solutions, offering output ranges from approximately 2,500 watts to 18,000 watts to suit various needs. These units are primarily fueled by gasoline, with many models supporting dual-fuel (gasoline/propane) or tri-fuel (gasoline/propane/natural gas) configurations for flexibility during extended use. Designed for applications such as camping, RV travel, and emergency home backup, representative models include the iQ5200 dual-fuel inverter generator, which delivers 5,200 starting watts and features COsense technology for carbon monoxide detection, and the GP9500E tri-fuel model providing 9,500 running watts with electric start for ease of operation. In May 2025, Generac introduced six new portable generator models, including updated inverter series with enhanced efficiency and traditional models with PowerRush technology for over 30% more starting capacity. Home standby generators from Generac, particularly the Guardian Series, offer automatic, whole-home protection against power outages, with power outputs ranging from 7 kW to 26 kW to power essential appliances like air conditioners, refrigerators, and lights. These systems operate on or liquid (bi-fuel capability), enabling seamless startup within seconds of a utility failure through an integrated controller that monitors power status 24/7. The Guardian Series includes models such as the 14 kW unit (G0072230), which supports up to 14 kW on , and the 22 kW option (G0072270) for larger homes. The 26 kW Guardian model, launched in 2021 as Generac's most powerful air-cooled home at the time, delivers 26 kW on and 22.5 kW on , powering multiple high-demand loads while featuring connectivity for remote monitoring. In January 2025, Generac unveiled an updated air-cooled model exceeding 26 kW, further enhancing residential options amid rising outage durations. To ensure seamless integration, Generac provides transfer switches and accessories that automatically or manually shift power sources during outages. Automatic transfer switches, available in ratings from 50A to 200A, detect failure and connect the to the home's electrical panel, often including surge protection devices (SPDs) to safeguard against voltage spikes. Manual transfer switches, such as the HomeLink series, allow users to connect portable s to specific circuits like furnaces or sump pumps for targeted backup. Complementary accessories include power inlet boxes and load management modules that prioritize critical circuits, optimizing runtime and . Generac holds a dominant position in the residential , with approximately 70% share of the domestic standby , fueled by increasing in response to frequent and prolonged outages. This leadership stems from the company's origins in , when it pioneered portable generators to address everyday needs.

Commercial and industrial solutions

Generac's commercial generator offerings include the Protector Series, which provides solutions ranging from 20 kW to 150 kW, available in both and configurations. These units are designed for small to medium businesses, such as convenience stores, warehouses, and light commercial facilities, ensuring quick automatic startup and power restoration during outages. The series emphasizes ease of maintenance and compliance with emissions standards, making it suitable for applications where space and budget constraints are key considerations. For larger-scale needs, Generac's Modular Power System (MPS) extends commercial capabilities into the 200 kW to 400 kW range, utilizing gaseous fuels for enhanced and . This modular approach allows multiple units to , providing up to 99.999% reliability for critical operations like towers and data centers, where uninterrupted power is essential to prevent . The system's design supports easy expansion, enabling businesses to add capacity as power demands grow without overhauling existing . Generac's industrial power systems scale significantly higher, offering stationary generators from 10 kW up to 3,250 kW, with options reaching 9 MW through paralleling configurations. These systems operate on , , or bi-fuel, tailored for heavy-duty applications in , utilities, and large facilities requiring robust backup. Key series include the single-unit SG/SD models for straightforward installations and the modular /MD series for paralleling up to 3,000 kW, which prioritize efficiency and resilience in demanding environments. In April 2025, Generac introduced new emergency standby generators in the 2.25-3.25 MW range, featuring Baudouin engines and controllers, targeted at centers and hyperscale facilities. To support these high-output units, Generac established a with Powertrain Technologies (FPT) in 2009, securing a supply of engines for gensets in the 60 kW to 350 kW range starting in 2010. Mobile and rental units further complement Generac's industrial portfolio, providing flexible power from 8 kW to 1,450 kVA for temporary needs in sites, events, and response. These diesel and gaseous generators feature advanced controller technology, enhanced by Generac's 2021 acquisition of Deep Sea Electronics, which integrates sophisticated automation for remote monitoring and seamless operation. The units are engineered for portability and durability, ensuring reliable performance in rugged conditions while minimizing noise and emissions. Across these solutions, Generac emphasizes reliability for , with features like fast response times and long runtimes to safeguard operations against power disruptions. This focus on scalable, high-performance systems positions Generac as a key provider for businesses seeking uninterrupted support.

Energy storage and clean energy products

Generac has expanded its portfolio into sustainable power solutions, emphasizing and integration with renewable sources to enhance grid resilience and reduce reliance on fossil fuels. The PWRcell system represents a core offering in this domain, functioning as a modular solar-plus-storage solution that combines lithium-ion with a hybrid inverter for efficient capture and power during outages. Equipped with PWRview monitoring technology, PWRcell enables homeowners to optimize usage, store excess power, and provide seamless transitions to , supporting up to 18 kWh per cabinet in scalable configurations, allowing totals up to 72 kWh with multiple cabinets. In 2021, Generac entered the microinverter market through the acquisition of Chilicon Power, integrating its grid-interactive microinverters into residential setups for improved efficiency and monitoring. This move enabled the launch of the PWRmicro series, including models with up to 820W output for dual-module (2:1) configurations, designed specifically for residential backup, allowing from panels to be converted to at the module level to maximize yield and reliability during power disruptions. These innovations facilitate greater integration with storage systems like PWRcell, enhancing overall clean performance for homes. An updated PWRmicro was introduced in September 2025, offering up to 40% more power output and 25% higher efficiency. In September 2024, Generac launched PWRcell 2, featuring improved modularity, 10 kW max continuous power, and with smart thermostats and home standby generators for advanced energy management. For commercial applications, Generac bolstered its capabilities in 2024 by acquiring PowerPlay Battery Energy Storage Systems, a provider of solutions for projects up to 7 MWh. This acquisition supports commercial and industrial clients in deploying energy storage systems (BESS) for , peak shaving, and renewable , aligning with broader goals. Complementing these efforts, Generac's strategic minority investments include a $2 million stake in Rolling Energy Resources in 2023 for EV load management technologies and a $30 million investment in for bidirectional charging solutions, such as the 2 charger, which enables energy flow to enhance tech ecosystems. Generac's hybrid bi-fuel generators further aid the transition to cleaner by combining diesel startup with operation, reducing emissions and extending runtime while maintaining reliability for backup needs. These systems, including models like the 600kW SB600, operate primarily on — a lower-emission — to support environmental compliance in industrial settings, bridging traditional power with sustainable practices.

Financial performance

Generac's annual revenue reached $4.30 billion in 2024, marking a 6.79% increase from $4.023 billion in 2023, driven by growth in commercial and industrial segments amid recovering demand post-pandemic. For the trailing twelve months ending September 30, 2025, revenue stood at $4.35 billion, reflecting modest overall expansion despite quarterly fluctuations. In the third quarter of 2025 specifically, net sales totaled $1.11 billion, a 5% decline from $1.17 billion in the prior-year quarter, attributed to reduced power outage activity. On profitability, Generac reported of $316 million for full-year 2024, a significant recovery from $203 million in 2023, bolstered by improved gross margins and operational efficiencies. However, third-quarter 2025 fell to $66 million, or $1.12 per share, compared to $114 million, or $1.89 per share, in the year-ago period, reflecting softer sales volumes. Adjusted for the quarter was $1.83, missing analyst estimates of approximately $2.25 and highlighting pressures from unfavorable product mix and higher input costs. Key trends in 2025 include a 13% drop in residential product sales to $627 million in the third quarter, due to lower-than-expected power outages that typically drive home demand, partially offset by 9% growth in commercial and (C&I) sales to $358 million, fueled by increased shipments to . In response, Generac lowered its full-year 2025 guidance to flat net sales growth relative to , down from an earlier projection of 2% to 5% increase, signaling caution amid volatile weather patterns. These dynamics underscore the company's reliance on outage frequency for residential revenue, counterbalanced by emerging opportunities in infrastructure for C&I diversification. Since its in 2010, Generac's financial trajectory has evolved from a focus on residential products to broader , with enabling transparent tracking of these and profitability shifts.

Stock information and market position

Generac Holdings Inc. (GNRC) has been publicly traded on the since its on February 11, 2010. As of October 31, 2025, the company's shares closed at $168.02, contributing to a of approximately $9.9 billion. Generac holds a leading position in the U.S. home market, where it dominates as the primary provider of residential power solutions. The company maintains approximately 58.7 million shares outstanding, reflecting its scale in the sector. In terms of , Generac regularly issues quarterly earnings reports, with the third-quarter 2025 release on October 29 showing a miss on both earnings and revenue estimates, resulting in a 7.4% drop in share price during early trading the following day. competitors in the power market include and Kohler, both of which offer comparable products but trail Generac in residential .

Controversies

Product safety and regulatory issues

In 2023, the U.S. Consumer Product Safety Commission (CPSC) imposed a $15.8 million civil penalty on Generac Power Systems for failing to promptly report defects in its portable generators that posed risks of finger amputations and crushing injuries. The company had received reports of these hazards as early as October 2018, including at least five incidents of finger amputations before notifying the CPSC in December 2020, which violated federal reporting requirements under the Consumer Product Safety Act. This penalty, one of the largest ever issued by the CPSC for such a violation, stemmed from defects in the generators' handle mechanisms that could pinch users' fingers against the frame. Generac has faced multiple CPSC-mandated recalls for safety defects in its generator products. In July 2021, recalled over 321,000 portable generators (6,500- and 8,000-watt models) due to the finger and crushing hazards linked to unlocked handles, following reports of seven finger and one finger crushing injury. In September 2023, approximately 64,000 portable generators (models GP15000E and GP17500E) were recalled for and risks, as the tanks could over-pressurize and expel when opened, leading to 29 incidents including three severe . For standby units, a 2006 recall affected hoses on home standby air-cooled generators, which could crack and leak , posing hazards; no injuries were reported, but consumers were instructed to inspect and replace the . Portable generators also carry inherent risks if used indoors or in enclosed spaces, though no defect-specific recall for this issue has been issued by the CPSC; the agency has emphasized proper outdoor placement to mitigate these dangers. Ongoing legal actions have alleged Generac's noncompliance with the Magnuson-Moss Warranty Act, a governing consumer product warranties. complaints claim the company imposes improper inspection fees for known corrosion issues in standby generators, breaching implied and express warranties by shifting repair costs to consumers without adequate disclosure. Similar allegations appear in suits over solar battery products like PWRcell, where warranties are said to fail to cover defects in marketing and performance. These claims, while civil in nature, highlight regulatory scrutiny under the Act's provisions for fair warranty practices. The 2023 CPSC penalty required Generac to establish and maintain an enhanced corporate compliance program, including systems for timely defect reporting and annual submissions to the for three years detailing efforts. This has led to operational changes, such as improved internal monitoring and training to prevent future reporting delays, amid broader class actions related to product defects. In June 2023, , a for Generac's clean energy products, filed multiple lawsuits against Generac Power Systems, Inc., and related entities in federal and state courts in , alleging that Generac owed approximately $44 million for authorized inventory purchases that went unpaid due to unfulfilled sales forecasts amid disruptions. The suits claimed and , asserting that Generac directed Spartronics to ramp up production based on optimistic projections that did not materialize, leaving the supplier with excess parts. The disputes were resolved in August 2025, with Generac prevailing in the defense of Spartronics' claims and substantially prevailing on its . A lawsuit filed in October 2024 in the U.S. District Court for the Eastern District of alleged that certain Generac standby generators, including 22kW and 24kW models sold between 2021 and 2024, contained a hidden defect causing premature failures and inability to provide power during outages. The , brought by plaintiff Michael D. Stubenrauch on behalf of affected purchasers, claimed violations of laws, of , and fraudulent concealment, asserting that the defect accelerated wear on critical components and posed risks during emergencies. Generac has denied the allegations, maintaining that the products meet industry standards. In early 2025, a filed by Milberg Coleman Bryson Phillips Grossman in federal court accused Generac's PWRcell systems of containing defective SnapRS controller components, leading to system malfunctions, shutdowns, and warranty violations for units installed before May 2022. The suit alleged that the SnapRS units, intended for rapid shutdown safety, had a high —estimated at 50%—causing issues, production losses, and potential hazards, with Generac failing to honor repair or replacement warranties. Building on earlier 2023 claims by dealers like Pink Energy, the 2025 action sought damages for affected homeowners and businesses, emphasizing Generac's knowledge of the defects since at least 2022. A securities filed in December 2022 in the Eastern District of , consolidated under In re Generac Holdings Inc. Securities Litigation, alleged that Generac and its executives omitted material risks related to demand fluctuations in 2021-2022 disclosures, leading to inflated stock prices. On February 7, 2025, the court dismissed the amended complaint with leave to amend, ruling that plaintiffs failed to adequately plead falsity, , or under the Securities Litigation Reform Act. Plaintiffs filed a second amended complaint, against which defendants moved to dismiss on April 30, 2025; the motion remains pending as of November 2025. Generac's filings confirmed the initial dismissal, noting no admission of . From 2023 to 2025, several private investigations and related lawsuits examined Generac generator failures implicated in incidents or operational lockouts during power outages, often tying into broader defect claims like those in the alternator and SnapRS actions. These probes, conducted by law firms such as Audet & Partners and Ghuneim Law, focused on whether design flaws contributed to unsafe operation, with some cases referencing CPSC data on CO hazards from generators without pursuing regulatory penalties.

Recognition and awards

Generac Power Systems has received multiple awards for , , and industry leadership. In 2025, Generac won two Design Awards for the XG Protector Series home and the PWRcell2 energy storage system, recognizing outstanding quality in form, function, and . The company also received 2024 GOOD Awards, announced in March 2025, for the XG04045 Liquid-Cooled Home and the GP7500E Dual Fuel Portable , highlighting excellence in and . In February 2024, five Generac products were honored with GOOD Design Awards, including the GB1000 and GB2000 Portable Power Stations, Mobile Battery Light Tower, and others, reflecting the company's focus on innovative and user-centric solutions. Through Generac Grid Services, a subsidiary, the company has been recognized as a Leader in Guidehouse Insights reports for Distributed Energy Resource Management Systems (DERMS) and Virtual Power Plant platforms in Q2 2022, and received the Grid Innovator Award from Grid Forward in June 2022.

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