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Thor Industries (THO) gross margin by quarter

Thor Industries' gross margin was 12.4% in Q4 FY26 (fourth quarter fiscal 2026), -0.4 pts from Q3 FY26. Over the last 6 quarters it ranged from 11.8% (Q2 FY26) to 15.3% (Q3 FY25).

Thor Industries gross margin by quarterThor Industries gross margin by quarter15.3%Q3 FY2514.7%Q4 FY2513.4%Q1 FY2611.8%Q2 FY2612.8%Q3 FY2612.4%Q4 FY26
QuarterGross marginQ/QY/Y
Q4 FY2612.4%-0.4 pts-2.3 pts
Q3 FY2612.8%+0.9 pts-2.6 pts
Q2 FY2611.8%-1.6 pts—
Q1 FY2613.4%-1.3 pts—
Q4 FY2514.7%-0.6 pts—
Q3 FY2515.3%——

Q4 FY26 at a glance

Thor Industries, Q4 FY26: revenue $2.3B (-8% year over year), operating margin 2.2%, net earnings $41.3M, operating cash flow $244M. The chart follows the revenue to costs, profit and cash.

Questions

What is Thor Industries' gross margin?

Thor Industries' gross margin was 12.4% in Q4 FY26 (fourth quarter fiscal 2026), -0.4 pts from Q3 FY26.

How has Thor Industries' gross margin changed?

Over the last 6 quarters it ranged from 11.8% (Q2 FY26) to 15.3% (Q3 FY25).

Q4 FY26 results → · How Thor Industries makes money →