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Condensed Consolidated Statements of Comprehensive Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Net sales $ 942,121 $ 889,273
Costs of goods sold 570,135 572,894
Gross profit 371,986 316,379
Operating expenses:    
Selling and service 126,065 108,586
Research and development 62,048 49,410
General and administrative 74,746 66,764
Amortization of intangibles 25,489 24,750
Total operating expenses 288,348 249,510
Income from operations 83,638 66,869
Other (expense) income:    
Interest expense (17,110) (23,605)
Investment income 2,225 1,688
Change in fair value of investment (9,947) (6,019)
Other, net (292) (422)
Total other expense, net (25,124) (28,358)
Income before provision for income taxes 58,514 38,511
Provision for income taxes 14,236 12,033
Net income 44,278 26,478
Net income attributable to noncontrolling interests 438 246
Net income attributable to Generac Holdings Inc. $ 43,840 $ 26,232
Net income attributable to Generac Holdings Inc. per common share - basic: (in dollars per share) $ 0.74 $ 0.39
Weighted average common shares outstanding - basic: (in shares) 59,062,534 59,849,362
Net income attributable to Generac Holdings Inc. per common share - diluted: (in dollars per share) $ 0.73 $ 0.39
Weighted average common shares outstanding - diluted: (in shares) 59,747,589 60,486,125
Comprehensive income attributable to Generac Holdings Inc. $ 68,799 $ 22,564