Generac Signs Amazon Generator Deal With $2.4B of Initial Deliveries

GNRC locked in a long-term supply agreement with AMZN to deliver backup power generators for data centers, with initial deliveries worth $2.4 billion expected in 2027-2028. The deal includes warrant provisions that could extend total qualifying payments to $8 billion.

GNRC's data center backlog stood at $1.6 billion as of July 2026, reflecting growing infrastructure demand tied to AI and cloud computing expansion. The Amazon contract positions the generator manufacturer to capture a larger share of the data center power market as hyperscalers race to support compute-intensive workloads.

The 2027-2028 delivery window gives GNRC near-term revenue visibility, while the warrant structure ties additional upside to Amazon's ongoing capacity buildout. Backup power has become critical infrastructure as data center operators face grid constraints and reliability requirements for AI training clusters.