Generac Holdings (GNRC) Revenue — Quarter Ended Sep 30, 2023
Revenue for the quarter rose sequentially, reversing earlier declines, but remained slightly below the level reported in the same period a year ago.
Key takeaway
Quarter ended Sep 30, 2023 · FY2023 Q3
Revenue for the quarter rose sequentially, reversing earlier declines, but remained slightly below the level reported in the same period a year ago.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$1.1B
Revenue reported for this quarter.
Quarter-over-quarter
+7.0%
Change from the immediately preceding quarter.
Year-over-year
-1.6%
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 |
|---|---|---|
| Dec 31, 2022 | $1B | -1.7% |
| Mar 31, 2023 | $887.9M | -21.8% |
| Jun 30, 2023 | $1B | -22.5% |
| Sep 30, 2023 | $1.1B | -1.6% |
Revenue performance
The sequential revenue growth indicates a recovery in demand during the quarter, though the year-over-year contraction suggests ongoing headwinds.
Quarterly comparison
Compared to the immediately preceding quarter, revenue increased at a moderate pace. However, relative to the same quarter last year, revenue edged lower.
What to watch
Monitor whether the sequential upward trend can sustain in the coming quarters amid the still-negative year-over-year comparison.