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THO

THOR Industries, Inc.

THO FY2026 (Q4) earnings

Published Sep 22, 2026

AI summary

  • Revenue $2.31B beat the $2.17B consensus by 6.5%, down 8.4% from $2.52B a year ago.
  • GAAP EPS $0.78, down from $2.36 a year ago.
  • Fourth quarter net sales were $2.31 billion, down from $2.52 billion in the same period last year.
  • Net income for the quarter fell to $40.8 million, compared to $125.8 million in the prior-year period.
  • Full-year net sales reached $9.61 billion, while net income for the year was $177.5 million.

Results vs analyst consensus

Revenue

Reported

$2.31B

Consensus $2.17B

Beat by $142M

−8.4% YoY

EPS · GAAP

Reported · GAAP diluted EPS

$0.78

Consensus not captured before release

Prior year: $2.36

Consensus: Yahoo Finance · FY2026 (Q4) · revenue estimates as of Sep 21, 2026
Revenue display rounded; difference uses exact result.

Next quarter outlook

No guidance in this release.

What to watch

  • The company faced significant pressure on gross margins due to affordability concerns and rising material costs.
  • Independent dealer inventory levels declined 11.5% as of July 31, 2026, compared to the prior year.
  • The North American Motorized segment reported a loss before income taxes of $5.2 million for the quarter.
Read original report

Source: THOR Industries, Inc. press release · SEC Form 8-K exhibit 99.1

Figures as stated in the company’s release; consensus from the provider named above. Not financial advice.