Filing Flows › Patrick Industries (PATK) › Q2 2026
Patrick Industries (PATK) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 6, 2026
Patrick Industries (PATK) reported revenue of $1.0B for the second quarter 2026 (Q2 2026), -0.6% from a year earlier and +4% from the quarter before. Operating margin was 7.4%, net earnings $43.4M (4.2% of revenue).
Patrick Industries, Q2 2026: revenue $1.0B (-0.6% year over year), operating margin 7.4%, net earnings $43.4M, operating cash flow $82.9M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.0B | +4% | -0.6% |
| Gross profit | $248M | +9% | -1% |
| Operating profit | $77.0M | +19% | -11% |
| Net earnings | $43.4M | +10% | +34% |
| Operating cash flow | $82.9M | — | -44% |
| Free cash flow | $65.3M | — | -50% |
What changed
Revenue was $1.0B in Q2 2026, down 1% year over year and up 4% from the previous quarter. Recreational Vehicle was the largest line at 39% of revenue. Recreational Vehicle lost $0.07B year over year (down 15%), 1235% of the total change.
Gross margin was 23.8%, down 0.2 points from Q2 2025. Operating profit was $0.08B, a 7.4% margin (down 0.9 points year over year). Operating expenses grew 4% against a revenue fall of 1%. Net earnings were $0.04B, up 34% year over year. The effective tax rate was 25.2%.
Operating cash flow was $0.08B (down 44% year over year), 191% of net earnings. Non-cash charges added back $0.04B of depreciation and amortization and $0.01B of share-based compensation. Working capital and other items used $0.01B. Capital expenditures of $0.02B left free cash flow of $0.07B.
Questions
What was Patrick Industries' revenue in the second quarter 2026?
Patrick Industries (PATK) reported revenue of $1.0B for the second quarter 2026 (Q2 2026), -0.6% from a year earlier and +4% from the quarter before.
Was Patrick Industries profitable in the second quarter 2026?
Operating profit was $77.0M (7.4% of revenue) and net earnings $43.4M.
Source: Patrick Industries 10-Q on SEC EDGAR.