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THOR INDUSTRIES INC

THOR INDUSTRIES INCTHOEarnings & Financial Report

NYSE · leisure industry

Thor Industries, Inc. is an American manufacturer of recreational vehicles (RVs). The company sells towable and motorized RVs through its subsidiaries brands including Airstream, Heartland RV, Jayco, and others. The company's headquarters is in Elkhart, Indiana. It has manufacturing facilities in Michigan, Ohio, Indiana, Idaho and Oregon.

THO Q1 2026 Key Financial Metrics

Revenue

$2.4B

Gross Profit

$321.0M

Operating Profit

$32.5M

Net Profit

$21.7M

Gross Margin

13.4%

Operating Margin

1.4%

Net Margin

0.9%

YoY Growth

11.5%

EPS

$0.41

Financial Flow

THOR INDUSTRIES INC Q1 2026 Financial Summary

THOR INDUSTRIES INC reported revenue of $2.4B for Q1 2026, with a net profit of $21.7M (0.9% margin). Cost of goods sold was $2.1B, operating expenses totaled $288.5M.

Key Financial Metrics

Total Revenue$2.4B
Net Profit$21.7M
Gross Margin13.4%
Operating Margin1.4%
Report PeriodQ1 2026

THOR INDUSTRIES INC Annual Revenue by Year

THOR INDUSTRIES INC annual revenue history includes year-by-year totals (for example, 2025 revenue was $9.6B).

YearAnnual Revenue
2025$9.6B
2024$10.0B
2023$11.1B
2022$16.3B

Income Statement

Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025Q1 2026
Revenue$2.21B$2.80B$2.53B$2.14B$2.02B$2.89B$2.52B$2.39B
YoY Growth-5.9%-4.4%-7.4%-14.3%-8.6%3.3%-0.4%11.5%

Balance Sheet

Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025Q1 2026
Assets$7.23B$7.22B$7.02B$6.87B$6.71B$7.17B$7.07B$6.99B
LiabilitiesN/AN/AN/AN/AN/AN/AN/AN/A
Equity$3.94B$4.00B$4.07B$4.05B$3.95B$4.22B$4.29B$4.30B

Cash Flow

Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025Q1 2026
Operating CF$-103.9M$251.7M$338.0M$30.7M$30.8M$257.7M$258.7M$-44.9M