GENERAC HOLDINGS INC. (GNRC) Risk Factors

Recent key developments

Concrete developments — dated events, named agreements and instruments, legal proceedings — that GENERAC HOLDINGS INC. surfaced in its latest filing.

• On July 4, 2025, the United States enacted the OBBBA, which eliminated or reduced several tax credits and incentives applicable to energy related technologies, negatively impacting the business in the short term.July 4, 2025
• In July 2024, the company received a grant from the U.S. Department of Energy to facilitate residential solar and battery storage for disadvantaged Puerto Rican residents, but the DOE has elected to stop funding going forward in 2026.July 2024
• On February 9, 2026, the Board approved a $500 million stock repurchase program over 24 months.February 9, 2026
• During 2025, the U.S. imposed new or increased tariffs triggering retaliatory tariffs that increased supply chain costs.2025
• Tranche B Term Loan Facility matures on July 3, 2031.July 3, 2031
• Tranche A Term Loan Facility and Revolving Facility mature on July 1, 2030.July 1, 2030
• We have ongoing contractual disputes with certain such suppliers.
• We have recently been subject to adverse rulings or have settled claims for significant amounts related to the infringement of third-party intellectual property rights. For further information, see Note 18, 'Commitments and Contingencies,' to the consolidated financial statements in Item 8 of this Annual Report on Form 10-K.
• We are subject to certain consumer product class action lawsuits or other governmental fines or penalties in relation to such products.
• We have agreed to settle at least one products liability injury case in an amount which exceeded our insurance coverage.
• We may become involved in disputes with suppliers who claim we failed to fulfill forecast or minimum purchase requirements.
• We have been subject to securities class action litigation relating to the market price of our stock. For further information, see Note 18. Commitments and Contingencies in Item 8 of this Annual Report on Form 10-K.