Every 10-Q that Patrick Industries Inc (PATK) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow PATK and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full PATK filings page.
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, Inc. reported relatively stable results for the quarter ended March 29, 2026. Net sales were $997.2 million versus $1,003.4 million a year ago, while net income inched up to $39.5 million from $38.2 million. Diluted earnings per share were $1.10 compared with $1.11.
RV and manufactured housing sales declined, but were largely offset by strong growth in powersports (up 28%) and marine (up 14%), with industrial sales roughly flat. Operating margin held at 6.5%. Cash from operations was a $14.0 million use, influenced by higher receivables and inventories, and total debt stood at $1.40 billion.
The company ended the quarter with $37.5 million of cash and $696.4 million of availability under its credit facility. It repurchased 127,678 shares for $14.7 million and completed two small acquisitions. A stock-price trigger made the 1.75% convertible notes due 2028 convertible this quarter, though no conversions occurred.
Patrick Industries (PATK) reported third‑quarter 2025 results with net sales of $975,631,000 and diluted EPS of $1.01. Gross profit was $220,964,000, and operating income was $66,293,000, reflecting higher warehouse, delivery, and SG&A costs. Net income was $35,303,000.
For the first nine months of 2025, net sales reached $3,026,605,000 and net income was $105,977,000. Results include a $24.4 million legal settlement expense recorded in other expenses. RV remained the largest market at 44% of Q3 sales; Marine, Powersports, Industrial saw gains, while Manufactured Housing was slightly lower.
Cash was $20,698,000 and total assets $3,147,175,000. Debt consisted of a $120,313,000 term loan due 2029, $110,000,000 revolver due 2029, $258,722,000 1.75% convertible notes due 2028, $350,000,000 4.75% senior notes due 2029, and $500,000,000 6.375% senior notes due 2032. The convertible notes’ stock‑price condition was triggered, allowing holder conversions from October 1 to December 31, 2025. The company repurchased 377,612 shares year‑to‑date for $32.0 million and had $168.0 million remaining under its buyback authorization.