PATRICK INDUSTRIES INC
For the period ended Sep 27, 2026. Filed Nov 5, 2026.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 27, 2026 · Filed Nov 5, 2026
PATK$78.79-5.2%Stored close · as of Nov 6, 2026
Contents
Item 1. Financial Statements
CONDENSED CONSOLIDATED STATEMENTS OF INCOME (Unaudited)
| Three Months Ended | Nine Months Ended | |||
|---|---|---|---|---|
| ($ and shares in thousands, except per share data) | September 27, 2026 | September 28, 2025 | September 27, 2026 | September 28, 2025 |
| Net sales | $975,277 | $975,631 | $3,014,153 | $3,026,605 |
| Cost of goods sold | 745,383 | 754,667 | 2,309,824 | 2,326,418 |
| Gross profit | 229,894 | 220,964 | 704,329 | 700,187 |
| Operating expenses: | ||||
| Warehouse and delivery | 48,870 | 44,449 | 144,510 | 135,106 |
| Selling, general and administrative | 107,900 | 86,022 | 297,184 | 273,159 |
| Amortization of intangible assets | 23,289 | 24,200 | 71,043 | 73,338 |
| Total operating expenses | 180,059 | 154,671 | 512,737 | 481,603 |
| Operating income | 49,835 | 66,293 | 191,592 | 218,584 |
| Interest expense, net | 18,828 | 18,451 | 56,194 | 56,432 |
| Other expenses | — | — | — | 24,420 |
| Income before income taxes | 31,007 | 47,842 | 135,398 | 137,732 |
| Income taxes | 9,951 | 12,539 | 31,441 | 31,755 |
| Net income | $21,056 | $35,303 | $103,957 | $105,977 |
| Basic earnings per common share | $0.67 | $1.09 | $3.25 | $3.26 |
| Diluted earnings per common share | $0.64 | $1.01 | $3.04 | $3.08 |
| Weighted average shares outstanding – Basic | 31,481 | 32,381 | 31,957 | 32,523 |
| Weighted average shares outstanding – Diluted | 32,655 | 35,081 | 34,205 | 34,440 |
CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (Unaudited)
| Three Months Ended | Nine Months Ended | |||
|---|---|---|---|---|
| ($ in thousands) | September 27, 2026 | September 28, 2025 | September 27, 2026 | September 28, 2025 |
| Net income | $21,056 | $35,303 | $103,957 | $105,977 |
| Other comprehensive income (loss), net of tax: | ||||
| Foreign currency translation gain (loss) | 18 | (4) | 60 | (6) |
| Other | — | — | (216) | — |
| Total other comprehensive income (loss) | 18 | (4) | (156) | (6) |
| Comprehensive income | $21,074 | $35,299 | $103,801 | $105,971 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.