Patrick Industries Q1 FY26 net income rises 3% to $39.48 million; net sales slip 1% to $997.17 million
Patrick Industries, Inc. PATK | 0.00 |
- Patrick Industries posted net income of USD 39.48 million for three months ended March 29, 2026, up 3%, as net sales slipped 1% to USD 997.17 million.
- Operating income edged down 1% to USD 64.72 million, while interest expense, net fell 4% to USD 18.39 million.
- Net sales to RV market dropped 7% and made up 45% of total, while marine rose 14% to 17% of total sales.
- Net cash used in operating activities was USD 14 million versus net cash provided in prior-year period, while cash used in acquisitions eased to USD 7.2 million.
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