The earnings call highlighted solid revenue growth across different segments and a strong balance sheet position, driven by organic growth and strategic acquisitions. However, there were challenges with declining margins and net income. Despite these challenges, the company remains optimistic about future growth opportunities, particularly in the Marine and Powersports segments.
Company Guidance
During the Patrick Industries Third Quarter 2025 Earnings Conference Call, the company reported a 6% increase in net sales, reaching $976 million, with organic growth accounting for over 4%. The earnings per diluted share stood at $1.01, including a $0.07 dilution from convertible notes. The company ended the quarter with a strong balance sheet and net liquidity of $779 million. Notable increases were seen across various sectors: RV revenue rose by 7% to $426 million, Marine revenues climbed 11% to $150 million, and Powersports revenue saw a 12% increase to $98 million. The housing sector, representing 31% of consolidated sales, experienced a modest 1% growth. The company anticipates a full-year 2025 operating margin of approximately 7% and projects an effective tax rate of 24% to 25%. Looking ahead, Patrick Industries expects RV wholesale shipments to increase low to mid-single digits in 2026, with overall operating margins improving by 70 to 90 basis points. Investments in composite solutions and aftermarket expansions are also highlighted as key growth opportunities.
Solid Third Quarter Performance
Net sales for the quarter increased 6% to $976 million, with organic growth contributing more than 4%. Earnings per diluted share was $1.01.
Strong Balance Sheet
Total net liquidity of $779 million. The company's financial position enables flexibility and supports growth needs.
Marine Revenue Growth
Marine revenues increased 11% to $150 million. Marine content per wholesale powerboat unit increased 10% year-over-year.
Powersports Revenue Increase
Powersports revenue increased 12% to $98 million, showing growth across all Powersports businesses.
Acquisitions and Innovation
Continued investment in acquisitions such as LilliPad Marine and innovation efforts like AI-powered solutions and composite solutions.
Patrick Industries (PATK) Earnings, Revenues Date & History
The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
PATK Earnings-Related Price Changes
Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
Oct 30, 2025
$98.89
$100.83
+1.96%
Jul 31, 2025
$100.75
$96.90
-3.82%
May 01, 2025
$76.36
$80.92
+5.97%
Feb 06, 2025
$96.50
$93.85
-2.75%
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Patrick Industries (PATK) report earnings?
Patrick Industries (PATK) is schdueled to report earning on Feb 05, 2026, Before Open (Confirmed).
What is Patrick Industries (PATK) earnings time?
Patrick Industries (PATK) earnings time is at Feb 05, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.