Every material Form 8-K Patrick Industries filed with the SEC in 2026, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Patrick Industries reported third-quarter 2026 net sales of $975 million, roughly flat from $976 million a year earlier. RV revenue fell 15%, while Powersports, Marine and Housing grew. Operating income fell to $50 million from $66 million and diluted EPS dropped to $0.64 from $1.01, though adjusted diluted EPS rose to $1.03 from $1.01 after excluding merger-related and other items. The company did not repurchase shares in the quarter because of restrictions tied to its pending all-stock merger with LCI Industries.
Net sales were $975 million versus $976 million; RV revenue fell 15%, while Powersports rose 30%, Marine 14% and Housing 4%.
Operating income was $50 million versus $66 million, and operating margin was 5.1% versus 6.8%.
Diluted EPS was $0.64 versus $1.01; adjusted diluted EPS was $1.03 versus $1.01.
Merger-related costs were $14.7 million in the quarter; the LCI Industries shareholder special meeting is scheduled for November 18, 2026.
Patrick Industries reported second-quarter 2026 net sales of $1.04 billion, down slightly from $1.05 billion a year earlier, as growth in Marine, Powersports and Housing offset a 15% drop in RV revenue. Operating income fell to $77 million from $87 million, but diluted EPS rose to $1.28 from $0.96, helped by a $24 million legal settlement that hit the prior-year period. The company also disclosed a definitive all-stock merger agreement with LCI Industries signed after quarter end.
Net sales were $1.04 billion versus $1.05 billion; RV revenue fell 15% as RV industry wholesale unit shipments dropped 16%.
Operating income was $77 million (7.4% margin) versus $87 million (8.3% margin); adjusted diluted EPS was $1.29 versus $1.50.
Diluted EPS was $1.28 versus $0.96; the prior-year quarter included a $24.4 million legal settlement.
Returned $106 million to shareholders in the quarter, including $91 million in share repurchases; LCI Industries merger agreement announced June 30, 2026.
Patrick Industries agreed to acquire LCI Industries in an all-stock merger in which LCI shareholders receive 1.2440 Patrick shares for each LCI share. After closing, Patrick holders would own about 52% of the combined company and LCI holders about 48%, and the company is expected to close in the first half of 2027, subject to shareholder and regulatory approvals.
Exchange ratio: 1.2440 Patrick common shares for each LCI common share, plus cash in lieu of fractional shares
Ownership after closing: about 52% Patrick shareholders and 48% LCI shareholders
Companies cite more than $150 million of estimated run-rate cost synergies, to be achieved within three years of closing
Outside Date for the Mergers is March 30, 2027, with two three-month extensions possible for regulatory conditions; Andy Nemeth remains CEO and Todd Cleveland is named Chair
Patrick Industries reported fourth-quarter 2025 net sales up 9% to $924 million, with operating income up 45% to $57 million and diluted EPS of $0.83 versus $0.42 a year earlier. For the full year, net income fell slightly to $135 million from $138 million, and diluted EPS dropped to $3.90 from $4.11, partly due to a $24 million legal settlement. The company also declared a quarterly dividend of $0.47 per share.
Q4 2025 net sales rose 9% to $924 million; operating income rose 45% to $57 million
Q4 diluted EPS was $0.83 versus $0.42 in Q4 2024; full-year diluted EPS was $3.90 versus $4.11
Full-year 2025 included a $24.4 million legal settlement recorded in other expenses; full-year adjusted diluted EPS rose 2% to $4.44
Board declared a $0.47 per share quarterly dividend, payable March 9, 2026, to holders of record on February 23, 2026
Patrick Industries said CFO Andrew Roeder will leave the company effective February 20, 2026, after the Form 10-K for fiscal 2025 is filed, to pursue outside interests. Matthew Filer, currently Senior Vice President of Finance and Chief Accounting Officer, will become Executive Vice President of Finance, CFO and Treasurer on the same date, under the company's succession plan.
Andrew Roeder resigns as CFO and Treasurer effective February 20, 2026; he informed the company on December 29, 2025
Filer, 53, joined Patrick in November 2022 and was interim CFO from May 2023 to March 2024
Roeder states no disagreement with the company on any matter, including operations, policies or practices
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Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every Patrick Industries filing is on SEC EDGAR ↗. 8-K briefs of other companies →