GNRC Q3 2025 TL;DR Summary
Financial Performance & Margins Nine-month Net Sales grew modestly to $3.12 Billion (+1.8%), but Net Income declined 7.6% to $184.0 Million, resulting in Diluted EPS of $3.10 (down from $3.25 YoY). Q3 saw a sharp 41.8% decline in Net Income to $66.2 Million, driven by lower volume compared to strong prior-year hurricane comparisons and higher operating expenses. Gross Margin compressed (38.3% vs 40.2% YoY) due to unfavorable mix and increased tariffs. The Effective Tax Rate improved substantially to 18.3% (from 24.6% YoY) benefiting from discrete tax it
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