Patrick Industries Q2 FY26 net income rises 34% to $43 million; net sales slip 1% to $1.04 billion

Reuters2026/07/30 12:02

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Patrick Industries posted Q2 2026 net income of $43 million, up 34%, while diluted EPS rose 33% to $1.28.
Net sales slipped 0.56% to $1.04 billion; operating income fell 11.18% to $77 million, narrowing operating margin by 0.9 percentage point to 7.4%.
Adjusted EBITDA (non-GAAP) declined 6.75% to $126 million; adjusted EBITDA margin tightened 0.8 percentage point to 12.1%.
Operating cash flow in the first six months dropped to $69 million from elevated working-capital investment tied to its composite products growth strategy.
Signed a definitive agreement with LCI Industries for an all-stock merger; management highlighted diversification offsetting weaker RV demand.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Patrick Industries Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: 202607300800PR_NEWS_USPR_____DE15118) on July 30, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Patrick Industries Q2 FY26 net income rises 34% to $43 million; net sales slip 1% to $1.04 billion

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