---
schema_version: "secwatch.filing_event.v1"
accession: "0000076605-26-000045"
form_type: "8-K"
ticker: "PATK"
cik: "0000076605"
company_name: "PATRICK INDUSTRIES INC"
filed_at: "2026-04-30T23:59:59+00:00"
generated_at: "2026-05-15T01:21:17.460573+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Patrick Industries Q1 net sales $997M, EPS $1.10; discusses potential merger with LCI Industries

## Summary
- Net sales $997M vs $1,003M prior year; operating margin flat at 6.5%; net income up 3% to $39M.
- Diluted EPS $1.10 vs $1.11; includes $0.10 dilution from convertible notes.
- RV revenue down 7%, Marine up 14%, Powersports up 28%, Housing down 6%.
- Confirmed discussions with LCI Industries regarding potential merger of equals; no terms assured.
- Returned $31M to shareholders in Q1; $15M share repurchases in Q2 through April 29.

## SEC filing metadata
- accession: 0000076605-26-000045
- form_type: 8-K
- ticker: PATK
- cik: 0000076605
- company_name: PATRICK INDUSTRIES INC
- filed_at: 2026-04-30T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/76605/000007660526000045/0000076605-26-000045-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/76605/000007660526000045/patk-20260430.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000076605-26-000045
- JSON: https://secwatch.observer/filing/0000076605-26-000045.json
- Plain text: https://secwatch.observer/filing/0000076605-26-000045.txt

## Key facts
- Earnings Releases
  PATRICK INDUSTRIES INC reported the first quarter ended March 29, 2026 results: revenue $997 million, net income $39 million, EPS $1.10 per diluted share.
  - Period: the first quarter ended March 29, 2026
  - Revenue: $997 million
  - Net income: $39 million
  - EPS: $1.10 per diluted share
  - Result: reported results
  source text: reported financial results for the first quarter ended March 29, 2026. First Quarter 2026 Highlights (compared to First Quarter 2025 unless otherwise noted) • Net sales were $997 million compared to $1,003 million. Marine revenue growth of 14% and Powersports revenue growth of 28% were offset by lower revenue in the Company's RV and Housing markets, primarily
  evidence_url: https://www.sec.gov/Archives/edgar/data/76605/000007660526000045/0000076605-26-000045-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.