What is Patrick Industries's gross profit?

Patrick Industries (PATK) reported gross profit of $226.86M in Q1 2026.

How has Patrick Industries's gross profit changed year-over-year?

Patrick Industries's gross profit decreased by 0.8% year-over-year, from $228.59M to $226.86M.

What is the long-term trend for Patrick Industries's gross profit?

Over 4 years (2021 to 2025), Patrick Industries's gross profit has grown at a 3.3% compound annual growth rate (CAGR), from $801.19M to $912.86M.

What does gross profit mean?

Revenue minus cost of revenue — the profit available to cover operating expenses, representing the company's pricing power and production efficiency.

Patrick Industries PATK Gross Profit

Gross Profit at other companies

Thor IndustriesTHO

$354.77M-19.9%

LCI IndustriesLCII

$273.67M+8.7%

Genuine PartsGPC

$2.34B+7.6%

Cavco IndustriesCVCO

$127.05M+9.4%

MascoMAS

$686M+6.5%

Builders FirstSourceBLDR

$928.97M-16.7%

Segments

By segment

See full

Manufacturing$170.86M+0.9%

Distribution$56.11M-9.1%

Other financials

Income statement

See full

Revenue$997.2M-0.6%

Operating income$64.7M-1.3%

Net income$39.5M+3.2%

EPS (diluted)$1.10-0.9%

Balance sheet

See full

Cash & equivalents$37.5M-56.7%

Total debt$1.6B-1.6%

Total equity$1.2B+4.1%

Total assets$3.2B+1.0%

Cash flow

See full

Operating cash flow-$14.0M-135%

CapEx$18.9M-6.2%

Free cash flow-$32.9M-265%

Valuation

See full

Market cap$2.87B+29.3%

Enterprise value$4.44B+19.5%

P/E21×+5.4×

P/S0.7×+0.1×

Profitability

See full

Gross margin23.1%+0.4pp

Operating margin7%0.0pp

Net margin3.5%-0.3pp

FCF margin5.3%-1.3pp

Returns & leverage

See full

Return on equity11.7%-1.2pp

Debt / equity1.4×-0.1×

Current ratio2.7×+0.3×

Where this comes from

Calculated from Patrick Industries’s reported figures.

$997.2Mtotal revenue−$770.3Mtotal cost of revenue=$226.86M

The official record: Patrick Industries’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Patrick Industries's gross profit?: Patrick Industries (PATK) reported gross profit of $226.86M in Q1 2026.
How has Patrick Industries's gross profit changed year-over-year?: Patrick Industries's gross profit decreased by 0.8% year-over-year, from $228.59M to $226.86M.
What is the long-term trend for Patrick Industries's gross profit?: Over 4 years (2021 to 2025), Patrick Industries's gross profit has grown at a 3.3% compound annual growth rate (CAGR), from $801.19M to $912.86M.
What does gross profit mean?: Revenue minus cost of revenue — the profit available to cover operating expenses, representing the company's pricing power and production efficiency.