Generac Holdings (GNRC) Revenue — Quarter Ended Dec 31, 2023
Revenue in this quarter edged slightly lower compared to the preceding quarter. However, compared to the same quarter a year ago, revenue posted a modest increase.
Key takeaway
Quarter ended Dec 31, 2023 · FY2023 FY
Revenue in this quarter edged slightly lower compared to the preceding quarter. However, compared to the same quarter a year ago, revenue posted a modest increase.
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
-0.7%
Change from the immediately preceding quarter.
Year-over-year
+1.4%
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 |
|---|---|---|
| Mar 31, 2023 | $887.9M | -21.8% |
| Jun 30, 2023 | $1B | -22.5% |
| Sep 30, 2023 | $1.1B | -1.6% |
| Dec 31, 2023 | $1.1B | +1.4% |
Revenue performance
Revenue for the quarter declined slightly from the prior quarter.
Quarterly comparison
Compared to the preceding quarter, revenue was down slightly. On a year-over-year basis, revenue increased modestly, reversing the trend of declines seen in the earlier quarters of the fiscal year.
What to watch
The year-over-year revenue comparison turned positive this quarter, after several quarters of contraction.