Generac Holdings Inc. · NYSE:GNRC
Generac — Investor Presentation (February 2026)
34 slides from Generac's investor presentation, February 2026
Slide 1: Investor Presentation February 2026
INVESTOR PRESENTATION February 2026 OUR PURPOSE: Lead the evolution to more resilient, efficient, and innovative energy solutions.
Slide 2: Investor Relations
INVESTOR RELATIONS Aaron Jagdfeld PRESIDENT & CEO York Ragen CHIEF FINANCIAL OFFICER Kris Rosemann DIRECTOR CORPORATE FINANCE & INVESTOR RELATIONS (262) 506-6064 InvestorRelations@generac.com 2
Slide 3: Forward Looking Statements
Forward Looking Statements Certain statements contained in this news release, as well as • changes and volatility with respect to the trade policies of various • the possibility that the expected synergies, efficiencies and cost other information provided from time to time by Generac countries, whic
Slide 4: Generac Overview
Generac Overview GENERAC EE
Slide 5: Generac Overview
Generac Overview Founded in 2025 Net Sales: ~9,400 1959 $4.2 Billion Employees $4.1 billion Worldwide (as of 12/31/2025) 2025 ADJ Omni-Channel EBITDA: Distribution $716 Million Thousands of Dealers, ~1,200 Wholesalers, Retailers Engineers $736 million Worldwide and E-Commerce (as of 12/31/2025) Part
Slide 6: Investment Highlights
Investment Highlights Industry leader in backup power solutions with track record of growth Omni-channel distribution network Global manufacturing and distribution footprint Product breadth across energy management solutions C&I Solutions Residential Solutions Capturing Massive Global Market Opportu
Slide 7: Product Overview
Product Overview Residential – $2.3B Net Sales* C&I – $1.5B Net Sales* Other – $0.5B Net Sales* Grid Services Mobile Generator Portable Generators Natural Gas & Diesel Fueled Telecom Generator Home Standby Stationary Generators Generator Residential & C&I Connectivity Generator Controls Mobile BESS
Slide 8: Generac Global Footprint
Generac Global Footprint Conducted across 19 facilities globally, including 6 locations in Wisconsin, USA 8
Slide 9: Unmatched Omni-Channel Distribution
Unmatched Omni-Channel Distribution ~9,400 Residential Dealers – Provides Direct Sales, Install & Service Domestic ~1,600 Wholesale Branches – Serves Electrical, HVAC, & Solar Contractors Residential ~10,000 Retail Outlets – Creates Product Awareness & Availability Distributors – Engages Specifying
Slide 10: Track Record of Growth
Track Record $6,000 of Growth 14% REVENUE CAGR $5,000 2000 Through 2026F $4,000 Each growth cycle $3,000 creates new & higher baseline $2,000 $1,000 $- '00 '02 '04 '06 '08 '10 '12 '14 '16 '18 '20 '22 '24 '26F Note: $ amounts in millions. Represents net sales. Figures include results from acquisiti
Slide 11: Mega-Trends Review
Mega-Trends Review Lower power quality • More frequent severe and volatile weather impacting aging grid, causing increased power outage activity • Increasing intermittent generation sources and accelerating electrification trends drive supply/demand imbalances Higher power prices • Investment requir
Slide 12: Powering a smarter world.
Improve energy Increase power reliability through onsite generation and storage solutions that resilience and provide resiliency for homes, businesses independence. and communities. Powering a Optimize energy Enable efficient power generation and efficiency and consumption through monitoring, consum
Slide 13: Commercial & Industrial Solutions
13 Commercial & Industrial Solutions Capturing Global Growth Opportunities
Slide 14: Global C&I Gaining Share & Scale
Global C&I Gaining Share & Scale GLOBAL C&I NET SALES +13% CAGR (2016 – 2026F) $2,000 $1,600 $1,200 $800 $400 $0 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026F Domestic International Outlook - Data center opportunity driving +30% C&I growth in 2026* - Broad end market growth driven by mega-
Slide 15: C&I Mega-Trends & Competitive Strengths
C&I Mega-Trends & Competitive Strengths Lower Power Higher Power Quality Prices Infrastructure AI Adoption Cleaner Investment Accelerating Alternative Fuels DOMESTIC INTERNATIONAL Leader in natural gas Telecom & rental market Broad power generation Growing portfolio of backup power leader, rapidly g
Slide 16: Large & Growing Data Center Opportunity
Large & Growing Data Center Opportunity Incremental Opportunity in Expanding Market • Global market supply shortfall for large diesel generators Global Data Center Power Demand2 • Data center power requirements growing rapidly 140 120 Generating Early Success 100 • Executing pilot programs with two
Slide 17: Building Multi-Asset C&I Microgrids
Building Multi-Asset C&I Microgrids Power Generation & Storage Energy Management Devices Monitoring & Controls Wallbox Partnership Grid Services Turnkey solutions managed through a single interface integrating multiple assets to optimize power generation and consumption 17
Slide 18: Residential Solutions
18 Residential Solutions Mega-Trends Support Long-Term Growth Opportunities
Slide 19: Home Standby Penetration Opportunity
Home Standby Penetration Opportunity Power Outages Happen Everywhere 26% 17% Widespread Growth Potential 2% • Total US penetration rate ~6.75% * • 1% of penetration = ~$4.5B opportunity* Mega-Trends 6% 7% Lower Power Quality • Texas, Florida & California with ~25% of U.S. addressable homes • 1% of p
Slide 20: Competitive Advantages to Capture HSB Penetration Opportunity
Competitive Advantages to Capture HSB Penetration Opportunity Proven Market Creation Capabilities • Directly engaging with a growing number of consumers • Driving awareness through advertising & targeted marketing • Distribution Expansion – product availability where & when consumers want Building &
Slide 21: Secular Trends Support Residential Energy Technology Markets
Secular Trends Support Residential Energy Technology Markets Electricity Prices2 ↑ Equipment Prices3↓ Avg Electricity Price +39% since 2020 Solar Inverter - PWRmicro 100 $0.20 • Unlocks on-site solar power generation • 2:1 architecture with independently optimized DC inputs 80 $0.15 • Seamless integ
Slide 22: Differentiated Home Energy Ecosystem of the Future
Differentiated Home Energy Ecosystem of the Future Multiple hardware devices connected to a single interface to optimize home energy generation & consumption. Prioritize energy resilience & 1 independence Deliver savings by optimizing 2 for energy efficiency Balance comfort and 3 conservation Market
Slide 23: Leveraging HSB Competencies To Win In Energy Technology
Leveraging HSB Competencies & Unique Capabilities To Win In Energy Technology Next Generation Home Standby Generac HSB Competencies - Building & Developing Distribution - Unmatched Scale New Energy Technology Products - Direct to Consumer Marketing - Brand Leverage • PWRmicro - Market Creation - Tec
Slide 24: Financial Summary
Financial Summary GENERAC EE
Slide 25: Financial Summary
Financial Summary Total Net Sales Gross Margin % Adjusted EBITDA Adjusted EBITDA Margin % $5,000 55.0% $1,000 35.0% 50.0% $800 30.0% $4,000 45.0% $600 25.0% $3,000 40.0% $400 20.0% $2,000 35.0% $200 15.0% $1,000 30.0% $0 10.0% 2021 2022 2023 2024 2025 2026F 2021 2022 2023 2024 2025 2026F Free Cash F
Slide 26: Business Outlook
GENERAC Business Outlook 2026F Guidance As Of February 11, 2026* Consolidated net sales • Consolidated revenue: Mid-teens % range • Residential product revenue: 10% range • Commercial & Industrial product revenue: 30% range Adjusted EBITDA margins • Between 18.0% and 19.0% GAAP effective tax rate •
Slide 27: Disciplined & Balanced Capital Allocation
Disciplined & Balanced Capital Allocation CapEx CapEx as % of Net Sales 1. Organic $200 10.0% 2. Strategic M&A Mar. Jul. Feb. Growth 2019 2021 2023 $170 8.0% $150 $137 Sep. Jun. Apr. $129 2021 2024 Investment in technology, 2019 $110 6.0% Accelerating “Powering A in Millions innovation, R&D capabili
Slide 28: Appendix
Appendix GENERAC EE
Slide 29: Increasingly Imbalanced Electrical Grid
Increasingly Imbalanced Electrical Grid • SUPPLY RELIABILITY • DEMAND GROWTH DETERIORATING ACCELERATING • Increasing severe & volatile weather • Data centers & artificial intelligence • One-way system prone to outages • Electrification of everything • Infrastructure underinvestment • Transportation,
Slide 30: Expanding Power Outage Severity
Expanding Power Outage Severity1 Total Outage Hours (Severity) Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 (1) Represents power outage hours for mainland U.S. only 30
Slide 31: Mega-Trend: Higher Power Prices
Mega-Trend: Higher Power Prices Required investment in generation & infrastructure expected to drive power prices higher 4 $0.20 U.S. Avg Residential Electricity Prices +39% Dec 2020 – Dec 20251 $0.19 $0.18 $0.17 h $0.16 $0.15 $0.14 $0.13 $0.12 Jan Jul Jan Jul Jan Jul Jan Jul Jan Jul Jan Jul 2020 20
Slide 32: Q4 2025 & LTM Financial Overview
Q4 2025 & LTM Financial Overview 32
Slide 33: Adjusted EBITDA Reconciliation
Adjusted EBITDA Reconciliation 33
Slide 34: Adjusted Net Income & Free Cash Flow Reconciliation
Adjusted Net Income & Free Cash Flow Reconciliation 34
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