Filing Flows › Thor Industries (THO) › Q4 FY26
Thor Industries (THO) Q4 FY26 earnings results (fourth quarter fiscal 2026)
10-K filed Sep 22, 2026
Thor Industries (THO) reported revenue of $2.3B for the fourth quarter fiscal 2026 (Q4 FY26), -8% from a year earlier and -17% from the quarter before. Operating margin was 2.2%, net earnings $41.3M (1.8% of revenue).
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.
| Q4 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $2.3B | -17% | -8% |
| Gross profit | $286M | -19% | -23% |
| Operating profit | $51.8M | -61% | -64% |
| Net earnings | $41.3M | -57% | -67% |
| Operating cash flow | $244M | +4% | -6% |
| Free cash flow | $190M | -3% | -14% |
What changed
Revenue was $2.3B in Q4 FY26, down 8% year over year and down 17% from the previous quarter.
Gross margin was 12.4%, down 2.3 points from Q4 FY25. Operating profit was $0.05B, a 2.2% margin (down 3.4 points year over year). Operating expenses grew 3% against a revenue fall of 8%. Net earnings were $0.04B, down 68% year over year. The effective tax rate was 20.2%.
Operating cash flow was $0.24B (down 6% year over year), 591% of net earnings. Non-cash charges added back $0.07B of depreciation and amortization and $1.0M of share-based compensation. Working capital and other items added $0.13B. Capital expenditures of $0.05B left free cash flow of $0.19B.
Questions
What was Thor Industries' revenue in the fourth quarter fiscal 2026?
Thor Industries (THO) reported revenue of $2.3B for the fourth quarter fiscal 2026 (Q4 FY26), -8% from a year earlier and -17% from the quarter before.
Was Thor Industries profitable in the fourth quarter fiscal 2026?
Operating profit was $51.8M (2.2% of revenue) and net earnings $41.3M.
Source: Thor Industries 10-K on SEC EDGAR.