What is Patrick Industries's net income?

Patrick Industries (PATK) reported net income of $39.48M in Q1 2026.

How has Patrick Industries's net income changed year-over-year?

Patrick Industries's net income increased by 3.2% year-over-year, from $38.24M to $39.48M.

What is the long-term trend for Patrick Industries's net income?

Over 4 years (2021 to 2025), Patrick Industries's net income has grown at a -12.0% compound annual growth rate (CAGR), from $224.92M to $135.06M.

What does net income mean?

Net income as the starting point for the indirect method operating cash flow reconciliation.

Patrick Industries PATK Net Income

Net Income at other companies

Thor IndustriesTHO

$95.54M-28.7%

LCI IndustriesLCII

$62.95M+27.3%

Genuine PartsGPC

$188.54M-3.0%

Cavco IndustriesCVCO

$42.46M+16.9%

MascoMAS

$213M-0.7%

Builders FirstSourceBLDR

-$47.41M-149%

Other financials

Income statement

See full

Revenue$997.2M-0.6%

Gross profit$226.9M-0.8%

Operating income$64.7M-1.3%

Net income$39.5M+3.2%

EPS (diluted)$1.10-0.9%

Balance sheet

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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

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Operating cash flow-$14.0M-135%

CapEx$18.9M-6.2%

Free cash flow-$32.9M-265%

Valuation

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Market cap$2.87B+29.3%

Enterprise value$4.44B+19.5%

P/E21×+5.4×

P/S0.7×+0.1×

Profitability

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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

Reported directly by Patrick Industries in its filing.

Tagged under the XBRL concept us-gaap:NetIncomeLoss.

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 net income?: Patrick Industries (PATK) reported net income of $39.48M in Q1 2026.
How has Patrick Industries's net income changed year-over-year?: Patrick Industries's net income increased by 3.2% year-over-year, from $38.24M to $39.48M.
What is the long-term trend for Patrick Industries's net income?: Over 4 years (2021 to 2025), Patrick Industries's net income has grown at a -12.0% compound annual growth rate (CAGR), from $224.92M to $135.06M.
What does net income mean?: Net income as the starting point for the indirect method operating cash flow reconciliation.