Comparing the current results to its competitors, Generac Holdings Inc reported Revenue increase in the 2 quarter 2026 by 10.87 % year on year. The revenue growth was below Generac Holdings Inc 's competitors' average revenue growth of 15.77 %, achieved in the same quarter.
Generac Holdings Inc Net Income in the 2 quarter 2026 grew year on year by 92.14%, faster than the Generac Holdings Inc 's competitors average income growth of 25.8 %
Generac Holdings Inc 's Comment on Competition and Industry Peers
The company operates in the next-generation grid and traditional power generation markets, specializing in backup power solutions for homes and businesses. It addresses challenges related to declining power quality and rising energy costs caused by supply and demand imbalances in the traditional utility grid. The company maintains its competitive position through intellectual property rights, trademarks, proprietary manufacturing processes, and ongoing research and development.
Overall company revenue, increased less, than total company revenues, at 10.87 % and lost market share, to approximately 1.71 %. << More on GNRC Market Share.
*Market share is calculated based on total revenue.
Agco Corp is a multinational agricultural equipment manufacturer and distributor that follows a business model focused on designing, manufacturing, and selling a wide range of agricultural equipment and solutions to farmers worldwide. They aim to provide innovative and reliable machinery, technology, and services to cater to the diverse needs of the agricultural industry.
Omnitek Engineering Corp's business model revolves around providing advanced technologies and solutions for the transformation of diesel engines into natural gas engines.
Terex Corporation operates as a global manufacturer of machinery and equipment, primarily focusing on the construction industry. It generates revenue by selling its products and providing aftermarket services to its customers worldwide.
Gentherm Incorporated operates under a business model focused on the development and manufacture of thermal management technologies for various industries. The company provides innovative solutions such as heated and cooled seating systems, climate control systems, and battery thermal management systems. With a strong emphasis on research and development, Gentherm aims to offer advanced thermal management solutions to enhance comfort, efficiency, and sustainability in various applications.
Trimas Corporation is a diversified industrial company that focuses on manufacturing and distributing a wide range of engineered products for various industries. They aim to leverage their technical expertise and operational capabilities to deliver innovative solutions and create long-term value for their customers and stakeholders.
Sources:
Generac Holdings Inc’s official press releases and regulatory filings; CSIMarket.com’s market research; and the financial filings and press releases of other companies cited in this report.
Updated on:
Focus of this report: publicly traded companies.
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