Generac Backlog Hits $4.5B as Amazon Deal Locks In $2.4B of 2027-28 Deliveries
GNRC sits 47% above its 52-week low of $134.8 on elevated volume (2.0× avg).
Summary
Generac's backlog climbed to roughly $4.5B on new commitments, with the Amazon supply agreement covering about $2.4B of generator deliveries in 2027-28. Management expects data-center revenue above $2B in 2027 and says capacity can be expanded further. The Q3 numbers behind it: adjusted EBITDA of $256M, up 33% and 19.8% of sales, GAAP net income of $109M ($1.83 a share), adjusted net income of $151M ($2.54) and free cash flow of $132M. This builds on the September Amazon agreement that drove an 18% single-day surge, and the backlog figure is the first hard look at how much of that deal is contracted rather than aspirational.
At the time of this announcement, GNRC was trading at $198.05 on NYSE in the Industrial Applications And Services sector, with a market capitalization of approximately $11.9B. The 52-week trading range was $134.80 to $296.44. This news item was assessed with positive market sentiment and an importance score of 7 out of 10. Source: Wiseek News.