Patrick Industries demonstrated resilience with a solid financial position and new business growth despite some market challenges and a negative impact from a legal settlement. The company showed strong performance in RV revenue and adjusted EPS growth, but faced challenges in the powersports and marine segments, as well as concerns over tariffs and consumer confidence.
Company Guidance -
Q3 2025
During the Patrick Industries Second Quarter 2025 Earnings Conference Call, several key metrics and guidance were provided. The company achieved a 3% top-line growth, resulting in a revenue of approximately $1.05 billion for the quarter and about $3.8 billion on a trailing 12-month basis. Adjusted earnings per diluted share were reported at $1.50, factoring in a $0.03 dilution from convertible notes and related warrants. Over $100 million in new business has been secured for the 2026 model year in outdoor enthusiast markets. The company maintained a solid balance sheet with liquidity of $835 million. In addition, Patrick Industries returned value to shareholders through $13 million in quarterly dividends and over $23 million in share repurchases. The RV segment saw a 7% revenue increase to $479 million, representing 46% of consolidated revenue, while marine revenues slightly declined by 1% to $156 million. Housing revenues rose by 3% to $315 million, and powersports revenues were $96 million. For the full year, the company anticipates RV retail unit shipments to decline mid-single digits, with estimated RV industry wholesale unit shipments between 320,000 to 335,000 units. Marine retail shipments are expected to decline high single to low double digits, and powersports wholesale shipments are projected to decrease by low double digits. The company maintains a full-year 2025 adjusted operating margin expectation of 7% to 7.3% and anticipates generating operating cash flow between $330 million to $350 million.
Top Line Growth
Patrick Industries produced a top line growth of 3%, with revenue reaching approximately $1.05 billion.
New Business Secured
The company secured over $100 million in new business tied to the 2026 model year in outdoor enthusiast end markets.
RV Revenue Increase
Second quarter RV revenue increased 7% to $479 million, driven by acquisitions and market share gains.
Strong Financial Position
Patrick Industries reported liquidity of $835 million, enabling continued execution on capital allocation strategy.
Adjusted EPS Growth
Adjusted EPS increased 4% to $1.50 compared to $1.44 in the prior year period.
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
Jul 31, 2025
$101.10
$97.24
-3.82%
May 01, 2025
$76.62
$81.20
+5.98%
Feb 06, 2025
$96.83
$94.17
-2.75%
Oct 31, 2024
$88.15
$82.88
-5.98%
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, Inc. (PATK) report earnings?
Patrick Industries, Inc. (PATK) is schdueled to report earning on Oct 23, 2025, Before Open (Confirmed).
What is Patrick Industries, Inc. (PATK) earnings time?
Patrick Industries, Inc. (PATK) earnings time is at Oct 23, 2025, 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.