Welcome to our dedicated page for PATRICK INDUSTRIES SEC filings (Ticker: PATK), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Patrick Industries filings document the regulatory record for an operating company that supplies component solutions to RV, marine, powersports, manufactured housing and industrial customers. Form 8-K disclosures cover operating results, Regulation FD materials, cash dividend actions, executive and segment leadership changes, and other material events affecting governance and capital structure.
The company’s definitive proxy materials cover shareholder voting matters, board governance, executive compensation, equity awards and related annual meeting disclosures. Together, the filings describe Patrick’s public-company reporting around operating performance, common stock capital actions, governance practices and market-specific business disclosures.
Patrick Industries, Inc. (PATK) reported an update on its planned acquisition of LCI Industries. Patrick and LCI voluntarily withdrew their Hart-Scott-Rodino (HSR) antitrust filings on September 4, 2026, and refiled them on September 9, 2026, starting a new HSR waiting period with the FTC and DOJ.
The expiration or termination of this HSR waiting period is one of the conditions required to complete the two-step merger structure, in which LCI will ultimately become a wholly owned subsidiary of Patrick. The mergers also remain subject to other closing conditions set out in the Merger Agreement.
PATRICK INDUSTRIES INC (PATK) reports a procedural update on its planned acquisition of LCI Industries through a two-step merger structure. A first merger would make LCI a direct wholly owned subsidiary of Patrick, followed by a second merger in which an LLC subsidiary of Patrick would be the surviving entity.
Patrick and LCI submitted their Premerger Notification and Report Forms under the Hart-Scott-Rodino Antitrust Improvements Act of 1976
Wellington Management Group LLP, together with Wellington Group Holdings LLP and Wellington Investment Advisors Holdings LLP, reports amended passive ownership of Patrick Industries, Inc. common stock. The group beneficially owns 1,623,974 shares, representing 4.94% of the common stock as of June 30, 2026. They report shared voting power over 1,191,091 shares and shared dispositive power over 1,623,974 shares, with no sole voting or dispositive power. The shares are held of record by clients of various Wellington investment advisers, and no individual client is known to hold more than five percent of this class of securities.
Patrick Industries, Inc. reports a procedural step in its previously announced merger with LCI Industries. Patrick, LCI, two merger subsidiaries and related entities are parties to a Merger Agreement under which LCI will become a wholly owned subsidiary of Patrick through a two-step merger structure.
On August 5, 2026, Patrick and LCI each filed their required Premerger Notification and Report Forms under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 with the Federal Trade Commission and the Antitrust Division of the U.S. Department of Justice. Expiration or termination of the HSR waiting period is one of several conditions to completing the mergers, which also remain subject to other closing conditions in the Merger Agreement. Patrick and LCI plan to file a Form S-4 registration statement containing a joint proxy statement/prospectus for shareholder approvals related to the proposed transaction.
Patrick Industries, Inc. describes progress on its planned acquisition of LCI Industries. The structure involves a two-step merger in which a Patrick subsidiary will merge into LCI and, immediately afterward, LCI will merge into a second Patrick subsidiary, leaving LCI’s business as a wholly owned Patrick subsidiary.
On August 5, 2026, Patrick and LCI each filed a Premerger Notification and Report Form under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 with the Federal Trade Commission and the Antitrust Division of the U.S. Department of Justice. Expiration or termination of the HSR waiting period is a condition to closing, along with other conditions in the merger agreement. Patrick and LCI plan to file a Form S-4 registration statement with a joint proxy statement/prospectus for shareholder votes on the transaction.
FMR LLC and Abigail P. Johnson report substantial ownership of Patrick Industries Inc. common stock on an amended Schedule 13G. FMR LLC reports beneficial ownership of 4,363,514.79 shares of common stock, representing 13.2% of the class as of June 30, 2026. FMR LLC has sole voting power over 4,359,448.39 shares and sole dispositive power over 4,363,514.79 shares, with no shared voting or dispositive power. Abigail P. Johnson is reported with sole dispositive power over the same 4,363,514.79 shares but no voting power. One or more other persons may receive dividends or sale proceeds from these securities, but no such person holds more than five percent of the outstanding common stock.
Patrick Industries, Inc. reported Q2 2026 net sales of $1,041,704 (thousands of dollars), down 1% year over year, while net income rose to $43,421 (thousands) and diluted EPS to $1.28. Results reflect weaker RV and manufactured housing demand, offset by stronger marine, powersports and industrial markets and the absence of a prior‑year $24,420 (thousands) legal settlement.
Gross profit was $247,575 (thousands), a 23.8% margin versus 23.9% a year earlier, and operating income was $77,035 (thousands), a 7.4% margin versus 8.3%, as higher warehouse, delivery and SG&A costs weighed on profitability. For the first six months, net cash from operating activities fell to $68,907 (thousands) from $189,467 (thousands), driven by greater cash usage in receivables and inventories.
As of June 28, 2026, cash was $29,160 (thousands) and total debt $1,429,326 (thousands), with $661.4 million of revolver availability and a secured net leverage ratio of 0.61. The company repurchased 1,107,678 shares for $106.1 million and entered into a stock‑for‑stock merger agreement with LCI Industries under which each LCI share would receive 1.2440 Company shares; existing shareholders are expected to own 52% of the combined company, and either party may owe a $94.2 million termination fee under specified circumstances.
Patrick Industries reported second quarter 2026 net sales of $1.04 billion, down less than 1% year-over-year, as 22% growth in Marine, 28% in Powersports and 2% in Housing largely offset a 15% decline in RV revenue driven by a 16% drop in RV wholesale shipments. Gross margin was 23.8%, adjusted operating margin 7.5%, and net income rose to $43 million or $1.28 per diluted share, while adjusted EPS was $1.29. Trailing 12‑month net sales were about $3.9 billion.
The company highlighted its diversified end‑market exposure, with growing content per unit across RV, Marine and Powersports. Management discussed technology investments including AI-enabled tools and new advanced digital printing for RV interiors. During the quarter Patrick repurchased $91 million of stock and paid $15 million in dividends, ending with net leverage of 3.0x and about $691 million of liquidity.
Patrick also discussed a recently signed all-stock merger agreement with LCI Industries (Lippert). The combination is expected to generate approximately $150 million of net annual run-rate cost synergies and is targeted to close in the first half of 2027, subject to shareholder and regulatory approvals. For 2026, management forecasts RV wholesale shipments of 285,000–300,000 units, adjusted operating margin roughly flat with 2025 (with a potential additional 20 bps margin impact from volume-based customer programs), and operating cash flow of $320–$350 million with free cash flow of about $250 million.
Patrick Industries reported largely stable second quarter 2026 revenue with mixed profit trends and strong segment divergence. Net sales were $1.04 billion compared to $1.05 billion in the prior-year period. Operating income was $77 million and operating margin was 7.4% versus $87 million and 8.3%, with adjusted operating margin at 7.5%. Net income increased 34% to $43 million, or $1.28 diluted EPS, while adjusted net income was $44 million, or $1.29 per diluted share, compared with $51 million and $1.50 a year earlier. Adjusted EBITDA was $126 million, a 12.1% margin, versus $135 million and 12.9%.
RV revenue of $407 million fell 15% as industry wholesale unit shipments declined 16%, but RV content per unit rose 7% to $5,303. Marine revenue grew 22% to $191 million with content per powerboat up 22% to $4,883, Powersports revenue increased 28% to $123 million, and Housing revenue rose 2% to $320 million. Year-to-date operating cash flow was $69 million versus $189 million a year ago, and trailing twelve-month free cash flow was $128 million. The company returned $106 million to shareholders in the quarter, including $91 million of repurchases of 980,000 shares and $15 million of dividends, ending with approximately $1.4 billion of total debt, a 3.0x total net leverage ratio, and $691 million of available liquidity. Subsequent to quarter-end, Patrick signed a definitive agreement with LCI Industries for an all-stock merger.
Patrick Industries, Inc. announced an all-stock merger with Lippert Components in a proposed transaction with LCI Industries via a communication to employees on June 30, 2026. The companies expect to file a registration statement on Form S-4 that will include a joint proxy statement/prospectus and will mail a definitive joint proxy statement/prospectus to stockholders.
The notice directs shareholders to read the registration statement and joint proxy statement/prospectus when filed and describes where free copies will be available on the SEC website and the companies' investor pages. The filing includes customary forward-looking statements and a non‑solicitation disclaimer; timing and required approvals are described as conditional in the disclosure.