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Thor Industries THO Q2 2026 earnings

Reported March 3, 2026 · Before market open

Revenue$2.1BBeat by $168.7MDiluted EPS$0.04Beat by $0.01
Revenue estimate$2.0B
EPS estimate$0.03

Next report

Date not yet announced

Financials

Q2 2026

Income statement

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Revenue$2.1B+5.3%
Gross profit$251.3M+2.5%
Net income$17.8M+3,331%
EPS (diluted)$0.34+3,500%

Balance sheet

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Cash & equivalents$242.2M-35.2%
Total debt$924.8M-13.9%
Total equity$4.3B+9.4%
Total assets$7.0B+4.5%

Cash flow

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Operating cash flow-$112.2M-464%
CapEx$28.4M+8.3%
Free cash flow-$140.7M-3,174%

Valuation & ratios

Q2 2026

Valuation

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Market cap$5.91B+7.8%
Enterprise value$6.59B+6.6%
P/E19.7×-7.5×
P/S0.6×0.0×

Profitability

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Gross margin14%-0.3pp
Net margin3%+0.9pp
FCF margin2.3%-3.4pp

Returns & leverage

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Return on equity7.3%+2.1pp
Debt / equity0.2×-0.1×
Current ratio1.8×+0.1×

Segments

By product

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Travel Trailers$403.6M-22.2%
Motorcaravan$391.9M+16.8%
Fifth Wheels$306.9M-0.9%
Class C$297.2M+45.7%
Campervan$188.3M+13.4%

By segment

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North American Towable$710.5M-14.2%
European$684.5M+11.8%
North American Motorized$577.1M+29.3%

Versus estimates

Revenue

Q3 2026$2.8BBeat by $115.5M
Q2 2026$2.1BBeat by $168.7M
Q1 2026$2.4BBeat by $341.6MQ4 2025$2.5BBeat by $435.7MQ3 2025$2.9BBeat by $280.5MQ2 2025$2.0BMiss by $638.5M

Diluted EPS

Q3 2026$1.86Miss by $0.02
Q2 2026$0.04Beat by $0.01
Q1 2026$0.41Beat by $0.48Q4 2025$2.31Beat by $1.15Q3 2025$2.77Beat by $0.98Q2 2025-$0.01Miss by $0.08

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Questions, answered.

When did Thor Industries report Q2 2026 earnings?
Thor Industries (THO) reported Q2 2026 earnings on March 3, 2026 before market open.
What were Thor Industries's Q2 2026 revenue and EPS?
Thor Industries reported revenue of $2.1B and diluted EPS of $0.04 for Q2 2026.
Did Thor Industries beat estimates in Q2 2026?
Revenue beat the consensus estimate of $2.0B by $168.7M. EPS beat the consensus estimate of $0.03 by $0.01.
How did Thor Industries's Q2 2026 results compare year-over-year?
Compared to the same quarter a year prior, revenue grew 5.3% from $2.0B a year earlier.
Where can I find Thor Industries's Q2 2026 SEC filings?
You can read the 8-K earnings release (0000730263-26-000008) and the 10-Q periodic report (0000730263-26-000007) directly on SEC EDGAR. The filing index links above go to sec.gov.