Generac Holdings (GNRC) Revenue — Quarter Ended Jun 30, 2023
Revenue for this reporting quarter increased compared to the immediately preceding quarter, though it decreased compared to the same quarter one year earlier. The sequential growth reversed a pattern of declines in prior periods.
Key takeaway
Quarter ended Jun 30, 2023 · FY2023 Q2
Revenue for this reporting quarter increased compared to the immediately preceding quarter, though it decreased compared to the same quarter one year earlier. The sequential growth reversed a pattern of declines in prior periods.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$1B
Revenue reported for this quarter.
Quarter-over-quarter
+12.7%
Change from the immediately preceding quarter.
Year-over-year
-22.5%
Change from the comparable year-ago quarter.
Trailing four quarters
$4B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Sep 30, 2022 | $1.1B | +15.4% |
| Dec 31, 2022 | $1B | -1.7% |
| Mar 31, 2023 | $887.9M | -21.8% |
| Jun 30, 2023 | $1B | -22.5% |
Revenue performance
The quarter's revenue was supported by a sequential improvement, while the year-over-year comparison remained negative.
Quarterly comparison
Compared to the immediately preceding quarter, revenue rose. Compared to the same quarter one year earlier, revenue fell.
What to watch
A key focus is whether the sequential revenue improvement can be sustained in upcoming periods and how the year-over-year comparison evolves.