Patrick Industries to Release Q1 2026 Financial Results
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Apr 16 2026
0mins
Should l Buy PATK?
Source: Newsfilter
- Earnings Release Schedule: Patrick Industries is set to announce its Q1 2026 financial results before market open on April 30, 2026, reflecting the company's commitment to transparency and investor communication.
- Conference Call Details: A conference call will be held on the same day at 10:00 AM Eastern Time to discuss financial results and other business matters, with participation limited to institutional investors and analysts, ensuring a focused and professional dialogue.
- Webcast and Replay Availability: The call will be available via live webcast on the company's website, with a replay option also provided, enhancing investor access to information and demonstrating the company's dedication to investor relations.
- Company Background Overview: Founded in 1959, Patrick Industries has established itself as a leading component solutions provider in the RV, marine, powersports, and housing markets, employing over 10,000 skilled team members and managing more than 85 well-known brands, showcasing its strong market position and customer service capabilities.
Trade with 70% Backtested Accuracy
Stop guessing "Should I Buy PATK?" and start using high-conviction signals backed by rigorous historical data.
Sign up today to access powerful investing tools and make smarter, data-driven decisions.
Analyst Views on PATK
Wall Street analysts forecast PATK stock price to rise
6 Analyst Rating
5 Buy
1 Hold
0 Sell
Strong Buy
Current: 95.360
Low
99.00
Averages
115.00
High
126.00
Current: 95.360
Low
99.00
Averages
115.00
High
126.00
About PATK
Patrick Industries, Inc. is a component solutions provider serving the recreational vehicle (RV), marine, powersports and housing markets. Its segments include Manufacturing and Distribution. The Manufacturing includes laminated products that are utilized to produce furniture, shelving, walls, countertops and cabinet products; cabinet doors; fiberglass bath fixtures and tile systems; hardwood furniture; vinyl printing; RV and marine furniture; audio systems and accessories, including amplifiers, soundbars, and subwoofers; decorative vinyl and paper laminated panels; solid surface, granite, and quartz countertop fabrication; RV painting; softwoods lumber; custom cabinetry; polymer-based and other flooring, and electrical systems. The Distribution segment distributes pre-finished wall and ceiling panels; drywall and drywall finishing products; electronics and audio systems components; appliances; marine accessories and components; wiring, electrical, and plumbing products.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Patrick Industries Terminates Merger Talks with LCI Industries
- Merger Talks Terminated: Patrick Industries (PATK) and LCI Industries (LCII) have announced the termination of their merger discussions, as they could not agree on key terms despite consensus on leadership and strategic alignment, highlighting the complexities involved in such transactions.
- Commitment to Independence: CEO Andy Nemeth emphasized that Patrick Industries remains committed to its independent brand and customer partnerships, asserting that its diversified platform and strong balance sheet will enable it to excel in its markets.
- Positive Financial Outlook: The company projects operating cash flow for 2026 to be between $370 million and $390 million, indicating robust financial health and growth potential, even in the absence of the merger.
- Market Reaction: Following the termination of merger talks, Patrick Industries' shares rose by 1.7% in premarket trading, while LCI Industries saw a decline of 1.4%, reflecting differing market expectations for the future of both companies.
See More
LCI Industries and Patrick Industries End Talks on Possible Merger of Equals
- Industry Discussions: Ongoing discussions in the industries regarding the potential merger of Equals.
- Stakeholder Reactions: Various stakeholders are expressing their views on the implications of the merger.
See More
Patrick Industries Stock Shows Oversold Signal
- Oversold Indicator Analysis: Patrick Industries Inc (Ticker: PATK) hit an RSI of 27.1 during Friday's trading, indicating an oversold condition that suggests recent heavy selling may be exhausting, prompting investors to consider buying opportunities.
- Price Fluctuation Details: PATK shares traded as low as $86.24, with the current price at $88.94, indicating potential for recovery as it remains above the 52-week low of $79.225, suggesting a rebound opportunity.
- Market Comparison Analysis: Compared to the S&P 500 ETF (SPY) with an RSI of 69.8, PATK's oversold status may attract bullish investors, signaling a potential shift in market sentiment.
- Historical Performance Review: Over the past year, PATK shares reached a high of $148.50, and the current price reflects a significant gap from this peak, indicating the possibility of market reassessment of the stock.
See More
Patrick Industries Q1 2026 Earnings Call Insights
- Merger Discussions: Patrick Industries announced on April 17, 2026, discussions for a merger of equals with LCI Industries, which, while details remain unconfirmed, could provide additional value-driving opportunities and enhance customer partnerships.
- Sales and Revenue Growth: The first quarter net sales reached $997 million, up 1% year-over-year, with organic growth contributing 8%, indicating the company's resilience and adaptability in the market despite macroeconomic challenges.
- Stable Profit Margins: The gross margin for the first quarter was 22.8%, unchanged from the same period in 2025, while the operating margin stood at 6.5%, reflecting ongoing efforts in cost control and operational efficiency that help maintain profitability.
- Improved Cash Flow Position: Although the first quarter saw negative operating cash flow of $14 million, the company expects operating cash flow for 2026 to reach $370-$390 million, showcasing strong future cash flow potential to support ongoing investments and M&A activities.
See More
Patrick Industries Q1 Earnings Beat Expectations
- Earnings Beat: Patrick Industries reported a Q1 Non-GAAP EPS of $1.10, exceeding expectations by $0.06, which reflects the company's solid profitability and boosts investor confidence.
- Slight Revenue Decline: Revenue of $997 million, down 0.3% year-over-year, still beat market expectations by $6.81 million, indicating the company's ability to maintain relatively stable sales performance in a competitive market.
- Significant Unit Content Growth: RV content per unit increased by 8% and marine content per unit grew by 17% on a trailing 12-month basis, showcasing the company's proactive response to product innovation and market demand, potentially driving future sales growth.
- Improved Cash Flow Position: Although cash flow from operating activities was negative at $14 million, free cash flow reached $194 million over the trailing twelve months, demonstrating effective capital management and enhancing financial flexibility.
See More
Patrick Industries Set to Announce Q1 Earnings on April 30
- Earnings Announcement: Patrick Industries (PATK) is set to release its Q1 2023 earnings report on April 30 before market open, with consensus EPS estimate at $1.04, reflecting a 6.3% year-over-year decline, and revenue estimate at $990.87 million, down 0.9% year-over-year.
- Historical Performance: Over the past two years, PATK has surpassed EPS and revenue estimates 88% of the time, indicating strong market expectation management, although recent revisions show downward trends in both EPS and revenue forecasts.
- Revision Trends: In the last three months, there have been no upward revisions for EPS estimates, with six downward adjustments, while revenue estimates also saw no upward revisions and five downward adjustments, suggesting a cautious market outlook on the company's future performance.
- Strategic Outlook: Despite these challenges, Patrick Industries aims to improve operating margins by 70-90 basis points by 2026 while expanding its composite and aftermarket strategies, demonstrating confidence in future growth opportunities.
See More
Patrick Industries Terminates Merger Talks with LCI Industries
- Merger Talks Terminated: Patrick Industries (PATK) and LCI Industries (LCII) have announced the termination of their merger discussions, as they could not agree on key terms despite consensus on leadership and strategic alignment, highlighting the complexities involved in such transactions.
- Commitment to Independence: CEO Andy Nemeth emphasized that Patrick Industries remains committed to its independent brand and customer partnerships, asserting that its diversified platform and strong balance sheet will enable it to excel in its markets.
- Positive Financial Outlook: The company projects operating cash flow for 2026 to be between $370 million and $390 million, indicating robust financial health and growth potential, even in the absence of the merger.
- Market Reaction: Following the termination of merger talks, Patrick Industries' shares rose by 1.7% in premarket trading, while LCI Industries saw a decline of 1.4%, reflecting differing market expectations for the future of both companies.
See More
LCI Industries and Patrick Industries End Talks on Possible Merger of Equals
- Industry Discussions: Ongoing discussions in the industries regarding the potential merger of Equals.
- Stakeholder Reactions: Various stakeholders are expressing their views on the implications of the merger.
See More
Patrick Industries Stock Shows Oversold Signal
- Oversold Indicator Analysis: Patrick Industries Inc (Ticker: PATK) hit an RSI of 27.1 during Friday's trading, indicating an oversold condition that suggests recent heavy selling may be exhausting, prompting investors to consider buying opportunities.
- Price Fluctuation Details: PATK shares traded as low as $86.24, with the current price at $88.94, indicating potential for recovery as it remains above the 52-week low of $79.225, suggesting a rebound opportunity.
- Market Comparison Analysis: Compared to the S&P 500 ETF (SPY) with an RSI of 69.8, PATK's oversold status may attract bullish investors, signaling a potential shift in market sentiment.
- Historical Performance Review: Over the past year, PATK shares reached a high of $148.50, and the current price reflects a significant gap from this peak, indicating the possibility of market reassessment of the stock.
See More
Patrick Industries Q1 2026 Earnings Call Insights
- Merger Discussions: Patrick Industries announced on April 17, 2026, discussions for a merger of equals with LCI Industries, which, while details remain unconfirmed, could provide additional value-driving opportunities and enhance customer partnerships.
- Sales and Revenue Growth: The first quarter net sales reached $997 million, up 1% year-over-year, with organic growth contributing 8%, indicating the company's resilience and adaptability in the market despite macroeconomic challenges.
- Stable Profit Margins: The gross margin for the first quarter was 22.8%, unchanged from the same period in 2025, while the operating margin stood at 6.5%, reflecting ongoing efforts in cost control and operational efficiency that help maintain profitability.
- Improved Cash Flow Position: Although the first quarter saw negative operating cash flow of $14 million, the company expects operating cash flow for 2026 to reach $370-$390 million, showcasing strong future cash flow potential to support ongoing investments and M&A activities.
See More
Patrick Industries Q1 Earnings Beat Expectations
- Earnings Beat: Patrick Industries reported a Q1 Non-GAAP EPS of $1.10, exceeding expectations by $0.06, which reflects the company's solid profitability and boosts investor confidence.
- Slight Revenue Decline: Revenue of $997 million, down 0.3% year-over-year, still beat market expectations by $6.81 million, indicating the company's ability to maintain relatively stable sales performance in a competitive market.
- Significant Unit Content Growth: RV content per unit increased by 8% and marine content per unit grew by 17% on a trailing 12-month basis, showcasing the company's proactive response to product innovation and market demand, potentially driving future sales growth.
- Improved Cash Flow Position: Although cash flow from operating activities was negative at $14 million, free cash flow reached $194 million over the trailing twelve months, demonstrating effective capital management and enhancing financial flexibility.
See More
Patrick Industries Set to Announce Q1 Earnings on April 30
- Earnings Announcement: Patrick Industries (PATK) is set to release its Q1 2023 earnings report on April 30 before market open, with consensus EPS estimate at $1.04, reflecting a 6.3% year-over-year decline, and revenue estimate at $990.87 million, down 0.9% year-over-year.
- Historical Performance: Over the past two years, PATK has surpassed EPS and revenue estimates 88% of the time, indicating strong market expectation management, although recent revisions show downward trends in both EPS and revenue forecasts.
- Revision Trends: In the last three months, there have been no upward revisions for EPS estimates, with six downward adjustments, while revenue estimates also saw no upward revisions and five downward adjustments, suggesting a cautious market outlook on the company's future performance.
- Strategic Outlook: Despite these challenges, Patrick Industries aims to improve operating margins by 70-90 basis points by 2026 while expanding its composite and aftermarket strategies, demonstrating confidence in future growth opportunities.
See More
