Filing Flows › Patrick Industries (PATK) › How it makes money
How Patrick Industries (PATK) makes money
Patrick Industries (PATK) made $975M of revenue in the third quarter 2026 (Q3 2026), 0% from a year earlier. Recreational Vehicle brought in $362M (37%); Manufactured Housing brought in $174M (18%); Marine brought in $171M (18%). Of every dollar of revenue, 24¢ was left as gross profit, 5¢ was left as operating profit, 2¢ was left as net earnings.
Drawing the Sankey…
Revenue by segment, Q3 2026
| Segment | Revenue | Share | Q/Q | Y/Y |
|---|---|---|---|---|
| Recreational Vehicle | $362M | 37.1% | -11% | -15% |
| Manufactured Housing | $174M | 17.8% | -0.7% | -0.4% |
| Marine | $171M | 17.6% | -10% | +14% |
| Industrial | $140M | 14.4% | -3% | +10% |
| Powersports | $128M | 13.1% | +4% | +30% |
Where each dollar of revenue goes
| Line | Q3 2026 | % of revenue |
|---|---|---|
| Revenue | $975M | 100.0% |
| Cost of revenue | $745M | 76.4% |
| Gross profit | $230M | 23.6% |
| Operating expenses | $180M | 18.5% |
| Operating profit | $49.8M | 5.1% |
| Income tax | $10.0M | 1.0% |
| Net earnings | $21.1M | 2.2% |
| Operating cash flow | $77.6M | 8.0% |
| Free cash flow | $58.4M | 6.0% |
Revenue, quarter by quarter
| Quarter | Revenue | Y/Y |
|---|---|---|
| Q3 2026 | $975M | 0% |
| Q2 2026 | $1.0B | -0.6% |
| Q1 2026 | $997M | -0.6% |
| Q4 2025 | $924M | +9% |
| Q3 2025 | $976M | +6% |
| Q2 2025 | $1.0B | +3% |
| Q1 2025 | $1.0B | +8% |
From Patrick Industries' 10-Q filed Nov 5, 2026 (on EDGAR).
Questions
How does Patrick Industries make money?
Patrick Industries (PATK) made $975M of revenue in the third quarter 2026 (Q3 2026), 0% from a year earlier. Recreational Vehicle brought in $362M (37%); Manufactured Housing brought in $174M (18%); Marine brought in $171M (18%). Of every dollar of revenue, 24¢ was left as gross profit, 5¢ was left as operating profit, 2¢ was left as net earnings.
What is Patrick Industries' biggest business?
Recreational Vehicle: $362M in the third quarter 2026, 37% of revenue, -15% from a year earlier.
What is Patrick Industries' profit margin?
Net earnings were $21.1M, 2.2% of revenue, in the third quarter 2026; the operating margin was 5.1%.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.