PATK
Patrick Industries, Inc.
Price as of Jul 20, 2026
PATK earnings
Patrick Industries, Inc. earnings
Reported EPS and revenue history, upcoming estimates and available earnings-call summaries.
| Report date | EPS est | EPS actual | Surprise | Revenue | Rev. surprise |
|---|---|---|---|---|---|
| Apr 30, 2026 | $1.08 | $1.10 | +1.9% | $997M | +0.8% |
| Feb 5, 2026 | $0.74 | $0.84 | +13.5% | $924M | -11.6% |
| Oct 30, 2025 | $0.95 | $1.01 | +6.3% | $976M | +13.6% |
| Jul 31, 2025 | $1.41 | $1.50 | +6.4% | $1.0B | +18.2% |
| May 1, 2025 | $0.98 | $1.11 | +13.3% | $1.0B | -5.3% |
| Feb 6, 2025 | $0.79 | $0.52 | -34.2% | $846M | -11.0% |
| Oct 31, 2024 | $1.22 | $1.20 | -1.6% | $919M | +10.5% |
| Aug 1, 2024 | $1.36 | $1.44 | +5.9% | $1.0B | +4.2% |
| May 2, 2024 | $0.88 | $1.19 | +35.2% | $933M | +11.2% |
| Feb 8, 2024 | $0.94 | $0.99 | +5.3% | $781M | +0.8% |
| Oct 26, 2023 | $1.15 | $1.21 | +5.2% | $866M | +3.6% |
| Jul 27, 2023 | $1.26 | $1.29 | +2.4% | $921M | -2.5% |
Earnings call summary
Q1 FY2026 · April 30, 2026
AI summary of management’s prepared remarks and analyst Q&A. For informational purposes only — not investment advice.
Management highlights
- First quarter results highlight diversified platform strength, innovation, and team dedication. - Marine and power sports revenue growth offset RV and manufactured housing declines. - Disciplined OEMs and dealers keep dealer field inventories lean. - Diverse end market exposure and brand portfolio as advantage. - Advanced product group driving progress on composite and audio solutions. - Technology and innovation investments enhancing operations. - Decentralized structure and sourcing flexibility mitigating tariff impacts. - Excitement about potential merger of equals with LCI Industries. - Digital design studio elevating OEM engagement.
Guidance
- 2026 RV retail down low to mid single digits, wholesale 315,000 - 330,000 units. - Marine retail flat to slightly down, wholesale up low single digits. - Power sports full year unit shipments and organic content up low single digits. - Housing MH wholesale unit shipments and new housing starts down low to mid single digits. - 2026 adjusted operating margin to improve 30 - 50 basis points vs 2025. - Operating cash flow estimated $370 - $390 million, CAPEX $70 - $80 million, free cash flow ~$300 million. - Effective tax rate 24% - 25%.
Segment performance
Consolidated net sales for the quarter were $997 million, off 1% from the first quarter of 2025. RV revenue was $446 million, off 7% (45% of consolidated revenue). Marine revenue increased 14% to $170 million (17% of consolidated net sales). Power sports revenue increased 28% to $104 million (10% of first quarter 2026 consolidated sales). Manufactured housing revenue was $277 million, off 6% (28% of consolidated sales). Trailing 12-month RV CPU up 8% to $5,277, marine content per wholesale powerboat unit up 17% to $4,657, power sports driven by OEM adoption, manufactured housing estimated content per MH unit flat.
Risks & headwinds
- Macroecnomic uncertainty impacting retail demand. - War in Iran, consumer confidence, interest rate uncertainty affecting markets. - Tariff impacts if not managed effectively. - Uncertainty in timing of end market recovery.
Analyst Q&A
Q: Talk about state of retail, production, mix in RV.
A: Retail incrementally better, OEMs measured in production, mix changing but not normalized.
Q: Impact of LCI discussions on M&A strategy.
A: Not impeded, continuing active M&A.
Q: Marine content per unit growth.
A: Driven by innovation, collaborative solution-oriented products.
Q: Manufactured housing end market.
A: Soft, declining due to macroeconomic pressures.
Q: Tariffs and supply chain.
A: Domestic focus, working with suppliers and customers to mitigate.
Q: Operating margin cadence.
A: Second half expected stronger.
Q: Aftermarket cross-selling.
A: Strategy with M&A potential, organic growth opportunity.
Q: Advanced integrated solutions examples.
A: Low-cost tower audio, Helm solutions, roofing and flooring solutions in RV and marine
Earnings history is derived from company filings and calendar data. Call summaries are grouped by reporting period. Latest covered event: 2026-07-30.