Patrick Industries reported FY 2025 net sales of USD 3.95 billion (+6%), with gross profit of USD 912.86 million (+9%) and operating income of USD 275.99 million (+7%). Net income was USD 135.06 million (-2%), as interest expense, net fell to USD 74.51 million (-6%) while other expenses were USD 24.42 million, reflecting costs tied to a legal settlement. By end market in FY 2025, sales to RV rose to USD 1.78 billion (+9%) supported by industry volume growth and the 2024 RecPro acquisition; marine sales increased to USD 606.40 million (+6%) aided by 2025 acquisitions; powersports sales rose (+9%) on higher attachment rates and improved utility vehicle wholesale shipments; industrial sales increased (+4%) on market share gains and customer product mix shifts; and manufactured housing sales were USD 681.50 million (down less than 1%) amid lower industry shipments. Patrick said net sales attributable to acquisitions were USD 44.00 million in FY 2025. For FY 2025, Patrick ended the year with cash and cash equivalents of USD 26.40 million and USD 791.50 million of availability under its 2024 Credit Facility, and reported net cash provided by operating activities of USD 329.40 million (+1%).
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Patrick Industries Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0000076605-26-000013), on February 19, 2026, and is solely responsible for the information contained therein.
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