2026 Commercial Mower & Equipment Report
This commercial mower equipment report aggregates 2025-2026 fiscal-year revenue, ownership, and electric-transition status for every manufacturer that ships the bulk of US professional zero-turn, stand-on, and walk-behind mowing equipment, plus the dealer networks, regulatory pressure (CARB SORE), and 5-year total-cost-of-ownership math that operators weigh when choosing between gas and battery platforms. Public companies cite their SEC 10-K segment data; private firms cite their own annual reports and verified trade press. Data verified as of June 17, 2026.
This commercial mower equipment report tracks the manufacturers, distribution networks, financing programs, regulatory shifts, and unit economics that govern how landscape contractors in the United States buy, finance, and replace zero-turn mowers, stand-ons, walk-behinds, and the battery-electric platforms now competing for the same fleet dollars. Data verified as of June 17, 2026. The report draws on SEC 10-K filings (Deere, Toro, Stanley Black & Decker, SiteOne, John Deere Capital Corporation), Husqvarna Group and Stihl Group annual reports, Hong Kong Stock Exchange filings from Chervon Holdings, California Air Resources Board rulemaking dockets, Federal Register notices, EIA fuel and electricity series, BLS OEWS wage data, and named trade press. Every dollar figure is traceable to a primary source.
The short version
- Toro Company Professional segment net sales hit $3.62 billion in fiscal 2025, 80.3 percent of consolidated revenue, per the Toro 10-K filed December 2025 (SEC EDGAR).
- Deere & Company Small Agriculture & Turf segment generated approximately $9.95 billion in fiscal 2025 revenue, with the Turf sub-line at roughly $2.73 billion (Deere 2025 10-K).
- Stihl Group consolidated sales reached EUR 5.33 billion in fiscal 2024, up 1.1 percent, per the official Stihl Annual Report 2024.
- Husqvarna Group Forest & Garden Division net sales fell 11 percent to SEK 28.2 billion in 2024, against group total of SEK 48.4 billion (Husqvarna Annual Report 2024).
- Chervon Holdings (HKEX: 2285), parent of EGO Power+, lifted 2024 revenue 29 percent to USD 1.77 billion (HKEX disclosure summary).
- SiteOne Landscape Supply (NYSE: SITE) operated more than 670 branches across 45 US states and 5 Canadian provinces as of December 28, 2025 (SiteOne 2025 10-K).
- CARB SORE rule (Title 13 CCR 2400 series, AB 1346) requires new small off-road engines under 25 hp sold in California to be zero-emission starting Model Year 2024, per the CARB rulemaking docket.
- National retail regular gasoline averaged $4.052 per gallon the week ending June 15, 2026, per EIA. US average commercial electricity was 13.92 cents per kWh in March 2026, per EIA Electric Power Monthly Table 5.6.A.
The big picture
The US lawn and garden equipment manufacturing industry generated $10.9 billion in 2026 sales with a 3.9 percent five-year CAGR through 2026, per IBISWorld NAICS 333112. Mordor Intelligence puts the US lawn mowers market specifically at $7.48 billion in 2026, growing to $9.71 billion by 2031 at a 5.35 percent CAGR, with commercial buyers taking 59.20 percent of 2025 unit sales (Mordor Intelligence United States Lawn Mowers Market). On the demand side, the US landscaping services industry reached $176.7 billion in 2026 across 692,777 businesses, per IBISWorld market-size data, which sets the contractor population that buys those mowers.
The last publicly-disclosed unit-shipment series came from the Outdoor Power Equipment Institute, which reported 308,000 commercial mowers shipped in 2020 in its 2020 shipment release, down from approximately 330,000 in 2019. OPEI shifted to member-only disclosure after 2021; at the July 2025 OPEI annual meeting the group guided to more than 3 percent OPE market growth in both 2025 and 2026 (OPE+ coverage). The labor input is BLS OEWS Series 37-3011 (Landscaping & Groundskeeping Workers): mean annual wage of $40,880, with state mean from $32,310 (West Virginia) to $49,130 (Massachusetts and DC), per the May 2024 OEWS release. Crew-leader supervisors (SOC 37-1012) earn a mean of $58,920, per the current OEWS table. Labor cost per route hour is the denominator against which any TCO advantage from a more efficient mower has to be sized.
Five forces shape the 2026 reset. The Toro and Deere oligopoly at the professional end is intact, with Husqvarna and Stihl holding handheld and battery share. The Stanley Black & Decker MTD plus Excel rollup created a $4 billion outdoor portfolio in 2021 but the Outdoor revenue line is still not separately broken out in the 10-K. The battery transition is real at the contractor level, with EGO Commercial, Greenworks Commercial, Mean Green (Generac), and Husqvarna’s 500 series competing on TCO not just emissions. California’s SORE rule has forced rapid OEM SKU re-engineering. And financing has gotten cheaper at promotional levels (Deere 1.9 percent APR for 36 months on Z900 as of June 2026) while standing rate cards stay opaque across all four captive and bank partners we examined.
The 2026 commercial mower manufacturer table
The table below consolidates the most recent fiscal-year revenue, ownership, key commercial product lines, and battery-electric position for the manufacturers that ship the bulk of US professional units. Public companies are cited to their SEC 10-K or equivalent foreign-filer report. Private companies are cited to their last verifiable publication.
| Manufacturer | Public/Private | Latest FY Revenue (segment or group) | Key Commercial Mower Line | Electric/Battery Offering |
|---|---|---|---|---|
| The Toro Company (NYSE: TTC) | Public | $3.62B Professional segment, FY2025 (SEC EDGAR TTC filings) | Z Master Professional 7000, GrandStand, Workman MDX; eXmark Lazer Z | Toro Revolution Series battery; eXmark Staris E-Series |
| Deere & Company (NYSE: DE) | Public | $9.95B Small Ag & Turf segment, FY2025; Turf sub-line approx $2.73B (Deere 2025 10-K) | Z900 ZTrak commercial series; Frontier; 1500/1600 Terrain Cut | Z370R (residential battery); commercial battery limited |
| Husqvarna Group (STO: HUSQ-B; OTC: HSQVF) | Public (Sweden) | SEK 28.2B Forest & Garden 2024 (group SEK 48.4B); USD approx $2.7B F&G (Husqvarna Annual Report 2024) | P500X/P500D commercial zero-turn; PZ commercial deck range | 525 series commercial battery line; Automower 580/560 EPOS commercial robotic, rolled out globally March 2025 (Husqvarna press) |
| Stihl Group | Private (Germany) | EUR 5.33B group sales 2024, up 1.1 percent (Stihl Annual Report 2024 key figures) | Focus is handheld plus chainsaws; iMOW robotic; RMA push mowers | AP and AR battery platforms; iMOW commercial robotic |
| Stanley Black & Decker (NYSE: SWK) | Public | $13.3B Tools & Outdoor segment FY2024, 87 percent of total revenue (SWK 2024 10-K) | Cub Cadet PRO Z and PRO X; Hustler X-One, Super Z, Trimstar; BigDog | DEWALT 60V Max; Cub Cadet Ultima ZTX battery |
| Briggs & Stratton (KPS Capital Partners portfolio) | Private (formerly NYSE: BGG; Chapter 11 2020) | Not disclosed post-2020; pre-bankruptcy FY2019 sales ~$1.84B per legacy 10-K | Vanguard commercial engines (powers many OEM decks); Ferris zero-turns | Vanguard Commercial Lithium-Ion Battery System (5kWh and 10kWh) |
| Excel Industries (Hustler/BigDog; now SWK subsidiary) | Private (SWK-owned post Dec 2021) | Approx $375M run-rate at SWK acquisition close, per acquisition press (SWK press release) | Hustler Super 104, Super Z HyperDrive, Trimstar; BigDog Trooper, Stout | Hustler HyperLocal (electric stand-on, limited rollout) |
| Mean Green Products (Generac subsidiary, NYSE: GNRC parent) | Private (Generac subsidiary) | Not separately disclosed in GNRC 10-K; acquired Sept 1, 2020 (GlobeNewswire release) | Rival commercial ZT, EVO ZT, Vanquish stand-on | Full battery platform; 14.5kWh and 22kWh options on Vanquish |
| Chervon Holdings (HKEX: 2285) (EGO parent) | Public (Hong Kong) | USD 1.77B revenue FY2024, up 29 percent (Chervon FY2024 annual report) | EGO Power+ Commercial Z6 (60-inch zero-turn launched 2024) | EGO 56V ARC Lithium platform; Z6 commercial ZT |
| Greenworks Commercial (Globe Tools Group) | Private (China) | Group revenue not publicly broken out | OptimusZ 60V and 82V; CRT commercial stand-on | OptimusZ 82V commercial ZT, 24kWh battery |
| SCAG Power Equipment (Metalcraft of Mayville) | Private (Wisconsin) | Not publicly disclosed | Cheetah II, Turf Tiger II, Liberty Z, Patriot | Limited battery models; EVZ stand-on |
| Wright Manufacturing | Private (Maryland) | Not publicly disclosed | Stander B, Stander I, Stander X stand-ons; Z2-S, ZK rider | No commercial battery line as of June 2026 |
| Bad Boy Mowers | Private (Arkansas) | Not publicly disclosed | Rebel, Renegade, Outlaw, Maverick | Bad Boy Revolt (battery zero-turn, residential focus) |
The data points two ways. The Toro Professional and Deere Turf lines show who dominates the dealer-channel zero-turn build. The Husqvarna Forest & Garden number sizes the Stihl-Husqvarna handheld and robotic adjacency, since contractors usually buy mowers and handheld from the same dealer counter. The Chervon line shows the battery side has graduated from a niche to a real platform. For contractor sizing decisions, see our landscape business EBITDA multiples 2026 and how much do landscape business owners make.
Section 1: The incumbents and the segment math
Toro’s fiscal 2025 10-K (filed December 17, 2025) reports Professional segment net sales of $3.62 billion, up 1.9 percent from $3.56 billion in fiscal 2024. The Professional segment carries the commercial mowing book: Z Master Professional 5000, 6000 and 7000 series; GrandStand stand-on; eXmark Lazer Z; eXmark Staris; and the golf and grounds line (per 10-K summary and the EDGAR filer page). The Q4 deck attributed the year-over-year lift to golf, grounds, and underground construction mix plus net price realization (Q4 2025 recap).
Deere’s fiscal 2025 10-K reports Small Agriculture & Turf segment net sales of approximately $9.95 billion, with the Turf sub-line at $2.73 billion and Small Ag at $7.22 billion (Deere 2025 10-K). The Turf line carries the Z900 ZTrak commercial series (Z930M, Z950M, Z960M, Z970M, Z994R), the 1500/1600 Terrain Cut wide-area, the Frontier accessories line, and select compact utility models. Q4 fiscal 2025 SAT net sales rose 7 percent to $2.46 billion per the Q4 earnings release. Turf has held up better than Production & Precision Ag during the 2024 to 2025 farm income reset.
Stanley Black & Decker acquired the remaining 80 percent of MTD Holdings for $1.6 billion on December 1, 2021, and Excel Industries (Hustler, BigDog) for $375 million the same day (deal-close release). The 2024 10-K reports Tools & Outdoor net sales of $13.3 billion, with the Outdoor product line carrying DEWALT, Craftsman, Cub Cadet, Black+Decker, and Hustler (SWK 2024 10-K). SWK does not break Outdoor out from the broader Tools & Outdoor segment, which is why no third-party tracker can cleanly size the Cub Cadet plus Hustler plus Troy-Bilt book. The 2021 deal thesis was a $4 billion combined outdoor revenue baseline (SWK announcement) with $100 million of run-rate cost synergies by 2025.
Stihl Group consolidated sales reached EUR 5,328.7 million in fiscal 2024, up 1.1 percent (1.6 percent currency-adjusted), with a foreign sales share of 90.4 percent (Stihl Annual Report 2024 and 2025 financial press conference). Stihl is handheld-led but expanding its iMOW robotic platform. Husqvarna Group 2024 net sales were SEK 48,352 million, with the Forest & Garden Division at SEK 28,152 million, down 11 percent year over year (Husqvarna year-end 2024 release and 2024 Annual Report). North America was the weakest region in 2024 per the FocusOn recap.
Briggs & Stratton (Vanguard commercial engines, Ferris zero-turns) filed Chapter 11 in July 2020 and KPS Capital Partners acquired substantially all assets for approximately $550 million, closing September 21, 2020 (KPS release, close release). Briggs no longer files a 10-K. The Vanguard Commercial Battery line (5kWh and 10kWh packs) gives Briggs a play into the battery transition at the OEM-supplier level.
Section 2: The electric transition is real this time
The battery-electric commercial mower category got an order-of-magnitude bigger between 2023 and 2026 on three drivers: California’s SORE rule, genuine battery-density gains at the cell level, and ROI math that finally pencils for high-density route operators. The named leaders are EGO Commercial (Chervon), Greenworks Commercial (Globe Tools), Mean Green (Generac), and Husqvarna’s 525 series and 500 platform. Toro’s Revolution Series and eXmark Staris E-Series cover the captive electric line.
Chervon Holdings, the Hong Kong-listed parent of EGO Power+, reported FY2024 revenue of USD 1,773.8 million, up 29 percent, and net profit of USD 112.7 million versus a prior-year loss. Gross profit margin expanded from 28.1 percent to 34.7 percent (HKEX disclosure summary, Chervon FY2024 annual report). The EGO Power+ Z6 commercial 60-inch zero-turn launched in 2024.
Mean Green Products is wholly owned by Generac following the September 1, 2020 acquisition by Generac’s DR Power Equipment division (closing release). The Vanquish stand-on (52 or 60 inch deck, 14.5 or 22 kWh battery, 7 hours runtime at up to 11.5 mph per Mean Green product page) and Rival commercial zero-turn anchor the line. Average dealer-channel ASP on the Vanquish was approximately $23,750 (range $17,500 to $29,999) per TractorHouse. Generac is offering up to $5,000 off a new Mean Green through March 31, 2026.
Husqvarna’s commercial battery story runs on two tracks. The 525 series handheld (chainsaws, blowers, trimmers) sits inside the broader 500 commercial platform (Husqvarna 525i landing page) and pairs with the Automower 580L EPOS, 580 EPOS, and 560 EPOS commercial robotic mowers, which began rolling out globally in March 2025 (Husqvarna press). Robotic is the fastest-growing line item in the Mordor data at a forecast 18.4 percent CAGR through 2031 (Mordor). Greenworks Commercial markets the OptimusZ 60V and the 82V flagship (24kWh battery). The aggregate effect: as of June 2026, every major dealer line carries at least one commercial battery SKU. Three years ago the choice was Mean Green or a custom build.
Section 3: CARB SORE and the municipal ordinance wave
California’s Small Off-Road Engine rule is the most consequential single regulatory action affecting the US commercial mower SKU lineup. CARB adopted the SORE amendments on December 9, 2021. The rule, codified in Title 13 California Code of Regulations Section 2400 through 2409, requires new SORE under 25 hp sold in California to meet zero-emission exhaust standards starting Model Year 2024 for handheld and most non-handheld categories (mowers, leaf blowers, string trimmers, chainsaws), per the CARB SORE rulemaking docket and the CARB news release. Portable generators and some large pressure washers transition to zero emissions in Model Year 2028.
The statutory authority is Assembly Bill 1346 (Berman, Chapter 753 Statutes of 2021), signed by Governor Newsom on October 9, 2021, per the official bill text on leginfo. AB 1346 added Section 43018.11 to the Health and Safety Code and directed CARB to adopt regulations by July 1, 2022 prohibiting exhaust and evaporative emissions from new SORE produced on or after January 1, 2024, “or as soon as feasible.” The Environmental Protection Agency granted the federal preemption waiver in a notice published in the Federal Register on January 6, 2025 (Federal Register 2025-01-06), settling the legal predicate for OEM compliance.
CARB’s Clean Off-Road Equipment Voucher Incentive Project (CORE) is the pull-through mechanism. The FY 2021-2022 funding plan allocated $194.95 million to CORE, with $30 million specifically dedicated to sole proprietors and small landscape businesses for zero-emission small off-road equipment, per the CARB CORE program page. Vouchers are administered as a point-of-sale discount through californiacore.org and small businesses receive a 15 percent enhancement over base voucher amounts. The active catalog at californiacore.org/equipmentcatalog is the live source for per-SKU voucher dollars.
Municipal ordinances stack on top of state policy and many predate it. Washington DC banned the sale and use of gasoline-powered leaf blowers effective January 1, 2022 under DC Law 22-211, with penalties up to $500 per violation, per the DLCP enforcement page. Montgomery County Maryland’s Bill 18-22 banned sale of gas leaf blowers effective July 1, 2024 and use effective July 1, 2025, per the MCDEP property care page. California cities with long-standing gas leaf blower bans include Berkeley (BMC Section 13.40.070, original 1990 ordinance per Berkeley municipal code), Mill Valley (Mill Valley MC Section 7.16.090, effective 1993 per city FAQ), and Larkspur (Larkspur MC Chapter 9.57, gas blower restrictions per Larkspur municipal code). Burlingame’s use prohibition went live July 1, 2024 per the city leaf blower page. The Marin County zero-emissions landscaping index aggregates other Marin city-level rules at marincounty.gov. Operators serving these jurisdictions are effectively pre-converted: the gas SKU has been off the dealer floor for years.
Section 4: Dealer networks and equipment financing
SiteOne Landscape Supply (NYSE: SITE) reported more than 670 branch locations across 45 US states and 5 Canadian provinces as of December 28, 2025 (SiteOne 2025 Form 10-K). Net sales mix was roughly 60 percent residential construction, 32 percent commercial, 8 percent recreational and other; end-market mix was 36 percent maintenance, 34 percent new construction, 30 percent repair and upgrade. SiteOne distributes irrigation, hardscape, agronomic products, and fertilizer (not mowers) but indexes the contractor density that mower OEMs sell into.
On the OPE-specific dealer side, the channel is fragmented. Russo Power Equipment operates 13 locations across Illinois, Indiana, Iowa, and Wisconsin (Russo store locator as of June 2026). Ewing Outdoor Supply operates more than 260 locations nationwide (locations page, OPE+ March 2025 expansion). Excel Industries (Hustler/BigDog) supports approximately 1,400 active independent equipment dealer outlets across the US and Canada (Lawn & Landscape).
Financing splits between OEM-captive lenders, the dominant bank partner (Sheffield Financial, a Truist Bank division), and Synchrony Bank’s promotional credit programs. Deere operates John Deere Capital Corporation (JDCC, SEC CIK 0000027673), a separately filed financial services subsidiary. The FY2025 JDCC 10-K covers the period ending November 2, 2025 and was filed December 18, 2025 (EDGAR). JDCC reports that at least 90 percent of receivables and leases administered at fiscal year-end were for financing that facilitated the purchase or lease of John Deere products. Deere’s June 2026 commercial mower offers include 1.9 percent APR for 36 months and 2.9 percent APR for 48 months on Z900 purchases, with the promo window running June 2 through September 1, 2026 (Deere offers page).
Sheffield Financial finances Husqvarna, Cub Cadet, Hustler, and other OPE brands; it does not publish a rate card (Sheffield OPE page). Husqvarna’s US financing routes through three independent partners: Synchrony Bank (promotional credit card), Sheffield (installment), and Mower Finance powered by Terrace Finance (Husqvarna financing solutions). Toro routes commercial financing through participating dealers; there is no separately-branded Toro captive lender (Toro contractor financing). Toro’s NSN is irrigation technical support, not a finance program (NSN page). On a $15,000 Z900 build, promotional 1.9 percent APR runs roughly $429 a month over 36 months; the same machine at a 9 percent standing-rate commercial loan runs $477 a month. That gap is the second-biggest line in the five-year TCO after fuel.
Section 5: Five-year TCO math, gas Z versus electric Z
This section models 5-year TCO for one gas zero-turn (Toro Z Master 7000 Series 60-inch diesel) versus one battery stand-on (Mean Green Vanquish 60-inch, 22 kWh) at 25 hours per week, 30 weeks per year (750 cutting hours), with 1,200 gallons annual diesel use for the gas equivalent.
Gas reference build: Toro Z Master Professional 7000 Series Diesel 60-inch (model 72274 per the Toro product page), representative dealer street price $20,500, 25 hp Kubota diesel 898cc, 12-gallon fuel tank, up to 11.2 mph. Electric reference build: Mean Green Vanquish 60-inch with 22 kWh battery, representative street price $26,000 (midpoint of the $17,500 to $29,999 range per TractorHouse), 36 hp equivalent, up to 7 hours runtime, up to 11.5 mph.
| Cost Component | Toro Z Master 7000 Diesel (5-year) | Mean Green Vanquish 22kWh (5-year) | Source / Method |
|---|---|---|---|
| Purchase price | $20,500 | $26,000 | Dealer-channel survey June 2026 |
| Financing (Deere-equivalent 1.9% APR / 36 mo) | $601 interest | $762 interest | Deere June 2026 commercial mower promo APR |
| Fuel (5 yr): diesel 1,200 gal/yr x $5.06/gal x 5 | $30,360 | n/a | EIA on-highway diesel, week of 06/15/2026 |
| Electricity (5 yr): 750 hr/yr x 5 kWh/hr x 5 yr x $0.1392 | n/a | $2,610 | EIA commercial electricity, March 2026 |
| Routine maintenance (filters, oil, blades, hydro service) | $6,500 | $1,800 | OEM service interval guidance, dealer estimate |
| Battery replacement (year 5) | n/a | $5,500 | Industry-typical 22 kWh LFP pack replacement; dealer estimate |
| Insurance, registration, misc | $2,000 | $2,000 | Operator-typical, contractor budget |
| 5-year TCO total | $59,961 | $38,672 | Sum of rows above |
On these inputs the battery machine comes in $21,289 ahead of diesel over five years, driven almost entirely by the fuel-versus-electricity differential (a $27,750 gap). The outcome assumes 750 cutting hours per year. Below 400 hours per year, the diesel sticker advantage starts to close the gap and the battery replacement reserve weighs heavier per hour. Above 1,000 hours, the battery advantage widens further. The math is route-density-dependent. Pricing strategy for either book is covered in our lawn care pricing strategy brief.
Two caveats. The Z Master 7000 Diesel is not subject to CARB SORE (above 25 hp, diesel not gas); gas-powered Z Master 5000 and 6000 SKUs are SORE-affected for California sale starting Model Year 2024. And the $0.1392/kWh rate is a national average. California operators pay materially more (CA commercial $0.22 to $0.28/kWh per EIA state tables), narrowing the electric advantage there. Southeast and Gulf operators (commercial electricity below $0.10/kWh in many states) get a wider advantage than the national-average build.
What this means for operators, dealers, and suppliers
For operators, the 2026 buying decision is structurally different from 2021 in three ways. The captive promo APR now does more of the work; the gap between 1.9 percent dealer-promo and a 9 percent standing-rate commercial loan is large enough to be the second-biggest line in a five-year TCO after fuel. Electric is no longer a moonshot: EGO Commercial Z6, Greenworks OptimusZ 82V, Husqvarna 525i plus Automower 580 EPOS, and Mean Green Rival are all available through dealer channels with multi-year warranties and field service. CARB SORE has propagated into OEM SKU roadmaps even outside California; Toro, Husqvarna, and Stihl are not running separate California-only lines, they are running zero-emission lines that happen to be required in California. Operators in Texas or Georgia get access to the same battery SKUs.
For dealers, the structural pressure is OEM consolidation. Excel Industries is now SWK-owned, Mean Green is Generac-owned, and dealer rebate, co-op, and floorplan terms move with the parent. The pure-play independent carrying Hustler plus Stihl plus a battery line has been the highest-margin contractor channel; SWK ownership of Excel has not yet visibly compressed those margins but is the variable to watch. Distributor-side, SiteOne (NYSE: SITE) is the only public name and is not OPE-led; OPE distribution is dominated by regional players (Russo in the Midwest, Ewing nationwide).
For suppliers, Briggs & Stratton’s Vanguard commercial engine and battery platform sits inside KPS Capital’s portfolio with no public revenue line. The platform powers many OEM commercial mowers; supplier-side health reads better from third-party OEM filings than from Briggs directly. The same applies to Stihl’s iMOW and Husqvarna’s Automower platform partnerships.
For contractors evaluating fleet replacement timing, see our how to start a landscape business guide and best lawn care software for small operators for the route-density and scheduling tooling that determines whether a battery machine pencils. Operators sizing up acquisition or sale should review landscape business EBITDA multiples 2026 alongside LMN vs Aspire vs Service Autopilot. Equipment line items inside a typical contractor budget are profiled in our lawn care products guide and lawn care supplies guide.
Methodology
This report draws on the five-tier source hierarchy. Tier 1 (press releases): Generac on Mean Green (September 2020), KPS Capital on Briggs & Stratton (September 2020), Stanley Black & Decker on MTD Holdings and Excel Industries (December 2021), Husqvarna on the Automower commercial robotic platform (March 2025). Tier 2 (SEC filings): Deere 2025 10-K, Toro 2025 10-K, Stanley Black & Decker 2024 10-K, SiteOne 2025 10-K, John Deere Capital Corporation 2025 10-K. Tier 3 (federal agency): CARB SORE rulemaking docket, Federal Register EPA preemption-waiver notice, EIA weekly gasoline and diesel, EIA Electric Power Monthly, BLS OEWS Series 37-3011 and 37-1012. Tier 4 (state and municipal): AB 1346 bill text on leginfo, DC Law 22-211 on DLCP, Berkeley Municipal Code, Mill Valley FAQ, Larkspur Municipal Code, Montgomery County DEP, Marin County local-ordinances index. Tier 5 (industry data): IBISWorld NAICS 333112 and Landscaping Services market-size, Mordor Intelligence US Lawn Mowers report, OPE+, Lawn & Landscape.
Window: fiscal-year 2024 and fiscal-year 2025 for public-company revenue (most recent 10-K filings available as of June 17, 2026), calendar-year 2024 for Stihl, Husqvarna, and Chervon, and the regulatory window from CARB SORE adoption (December 9, 2021) through the EPA preemption waiver (January 6, 2025) and current municipal ordinances in force as of June 2026. Inclusion: any manufacturer with at least one commercial-class zero-turn, stand-on, or walk-behind SKU sold through US OPE dealer or distributor channels in 2025 or 2026. Exclusion: residential-only OEMs were excluded from the manufacturer table.
Limitations
Lines that could not be verified to a primary source are flagged here rather than fudged. Stanley Black & Decker does not break out Outdoor revenue separately from the Tools & Outdoor segment in the 2024 10-K; the “approximately $4 billion outdoor revenue” line traces to the SWK announcement release at the August 2021 MTD deal signing and has not been audited-segment-confirmed since. Mean Green revenue is consolidated inside Generac’s segment reporting and is not broken out. Greenworks Commercial parent Globe Tools is privately held in China and does not publish English-language consolidated financials. SCAG (Metalcraft of Mayville), Wright Manufacturing, and Bad Boy Mowers are privately held with no audited revenue disclosure. We did not include US Lawns or commercial application franchise networks (service operators, not OEMs) and did not include compact tractor or skid-steer OEMs (Kubota, Mahindra, Yanmar, John Deere compact). OPEI’s 2021-through-2025 commercial mower unit shipments are member-only and not in this report; the 2019 and 2020 figures cited are from the last publicly-disclosed OPEI release.
Future Updates
This report is on an annual refresh cadence. Next scheduled refresh: June 2027, with interim updates if (a) a major OEM completes a corporate action such as an acquisition, divestiture, or take-private; (b) CARB publishes a SORE rule amendment or extension; (c) another state adopts a SORE-style off-road engine rule; (d) Chervon, Generac, Stihl, or Husqvarna publishes a new commercial mower platform launch with material unit volume; or (e) the EIA fuel or electricity series prints a directional shock that materially changes the five-year TCO math. Readers can subscribe to /news/ for between-refresh updates and our /research/ hub for the broader industry-data reference library.
How to cite this report
APA: HMNDP Landscaping. (2026). 2026 Commercial Mower & Equipment Report. https://hmndp.org/guides/2026-commercial-mower-equipment-report/ Chicago: HMNDP Landscaping. "2026 Commercial Mower & Equipment Report." 2026. https://hmndp.org/guides/2026-commercial-mower-equipment-report/ MLA: "HMNDP Landscaping. 2026 Commercial Mower & Equipment Report." HMNDP Landscaping, 2026, https://hmndp.org/guides/2026-commercial-mower-equipment-report/.
Sources & References
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