Patrick Industries, a supplier of components for RVs and housing, raised its 2026 revenue and profit guidance after a better-than-expected first quarter. Net sales reached $997 million, and the company is in merger talks with LCI Industries.
Patrick Industries (NASDAQ: PATK) raised its 2026 revenue and profit guidance after reporting first-quarter results that exceeded expectations. Growth was supported by a recovery in RV demand and steady expansion in housing and marine segments.
First quarter 2026 key figures
Net sales: $997 million (down 0.6% from $1.003 billion a year earlier)
RV segment revenue: $446 million (down 7% amid a 12% industry shipment decline), but content per unit (trailing 12 months) rose 8% to $5,277
Marine segment revenue: $170 million (up 14%)
Powersports revenue: $104 million (up 28%)
The company confirmed it is in negotiations with LCI Industries regarding a potential merger of equals.
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Patrick Industries, a supplier of components for RVs and manufactured housing, raised its full-year 2026 net sales and earnings guidance after reporti...
Patrick Industries, a supplier of components for RVs and manufactured housing, raised its full-year 2026 net sales and earnings guidance after reporting better-than-expected first-quarter results. The improvement was driven by recovering RV demand and steady growth in marine and housing markets.
16.05.2026
Patrick Industries stock (US7033951036): RV and housing supp...
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Patrick Industries (NASDAQ: PATK) reported net sales of $997 million for Q1 2026, down 0.6% from $1,003 million a year earlier. RV segment revenue fel...
Patrick Industries (NASDAQ: PATK) reported net sales of $997 million for Q1 2026, down 0.6% from $1,003 million a year earlier. RV segment revenue fell 7% to $446 million amid a 12% drop in wholesale industry unit shipments, but content per unit (trailing 12 months) rose 8% to $5,277. Marine revenue grew 14% to $170 million, and Powersports revenue increased 28% to $104 million. The company confirmed it is in discussions with LCI Industries regarding a potential merger of equals.
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