Filing Flows › LCI Industries (LCII) › Q3 2026
LCI Industries (LCII) Q3 2026 earnings results (third quarter 2026)
10-Q filed Nov 5, 2026
LCI Industries (LCII) reported revenue of $992M for the third quarter 2026 (Q3 2026), -4% from a year earlier and +2% from the quarter before. Operating margin was 7.6%, net earnings $50.1M (5.0% of revenue).
LCI Industries, Q3 2026: revenue $992M (-4% year over year), operating margin 7.6%, net earnings $50.1M, operating cash flow $67.1M. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $992M | +2% | -4% |
| Gross profit | $264M | -12% | +4% |
| Operating profit | $75.0M | -22% | -0.6% |
| Net earnings | $50.1M | -25% | -20% |
| Operating cash flow | $67.1M | -67% | -31% |
| Free cash flow | $53.6M | -71% | -34% |
What changed
Revenue was $992.5M in Q3 2026, down 4% year over year and up 2% from the previous quarter. Adjacent industries OEMs was the largest line at 35% of revenue. Travel trailers and fifth-wheels lost $74.6M year over year (down 18%), 170% of the total change.
Gross margin was 26.6%, up 2.2 points from Q3 2025. Operating profit was $75.0M, a 7.6% margin (up 0.3 points year over year). Operating expenses grew 7% against a revenue fall of 4%. The fastest-growing cost line was Other operating costs (+20%). Net earnings were $50.1M, down 20% year over year. The effective tax rate was 26.7%.
Operating cash flow was $67.1M (down 31% year over year), 134% of net earnings. Non-cash charges added back $28.9M of depreciation and amortization and $4.7M of share-based compensation. Working capital and other items used $16.7M. Capital expenditures of $13.4M left free cash flow of $53.6M.
Questions
What was LCI Industries' revenue in the third quarter 2026?
LCI Industries (LCII) reported revenue of $992M for the third quarter 2026 (Q3 2026), -4% from a year earlier and +2% from the quarter before.
Was LCI Industries profitable in the third quarter 2026?
Operating profit was $75.0M (7.6% of revenue) and net earnings $50.1M.
Source: LCI Industries 10-Q on SEC EDGAR.