Generac Holdings (GNRC) Revenue — Quarter Ended Jun 30, 2024
Revenue grew from the prior quarter but was nearly flat compared to the same period last year. The sequential improvement reflects continued demand, while the annual comparison indicates a stable market.
Key takeaway
Quarter ended Jun 30, 2024 · FY2024 Q2
Revenue grew from the prior quarter but was nearly flat compared to the same period last year. The sequential improvement reflects continued demand, while the annual comparison indicates a stable market.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$998.2M
Revenue reported for this quarter.
Quarter-over-quarter
+12.2%
Change from the immediately preceding quarter.
Year-over-year
-0.2%
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, 2023 | $1.1B | -1.6% |
| Dec 31, 2023 | $1.1B | +1.4% |
| Mar 31, 2024 | $889.3M | +0.2% |
| Jun 30, 2024 | $998.2M | -0.2% |
Revenue performance
Revenue increased sequentially, marking a notable recovery from the previous quarter's level.
Quarterly comparison
Compared to the immediately preceding quarter, revenue was higher. Compared to the same quarter one year earlier, revenue was slightly lower.
What to watch
Monitor whether the slight annual decline is a seasonal pattern or a sign of weakening demand.