Patrick Industries reported higher net sales in the second quarter of 2025 compared with the second quarter of 2024. RV sales drove the overall growth, with RV sales up 7% from the second quarter of 2024.
CEO Andy Nemeth said aftermarket investments through RecPro continue, along with a heavy focus on the company’s Advanced Product Group.
Jeff Rodino, the company’s president of RV, said markets behaved in line with expectations despite the tariff uncertainty.
“We are highly focused on taking advantage of the current environment to optimize our processes, invest in our new product development and organic growth initiatives, execute on accretive acquisitions, and bolster our financial foundation,” he said, “so we can accelerate our growth trajectory as demand recovers.”
Net sales totaled $1.05 billion in the quarter. RV net sales totaled $479 million and comprised 46% of the company’s revenue. Patrick’s content per wholesale RV, on a trailing 12-month basis, was $4,952. The total is flat from the second quarter of 2024 and up 2% from the first quarter of 2025.
Total profits fell 32% in the quarter but remained positive at $32 million.
Nemeth said the company was optimistic about improved consumer sentiment as the year continues. He said Patrick will focus on strategic acquisitions this year and in 2026.
He said, “Our team remains fully engaged toward driving profitable growth while delivering exceptional value to our customers and other stakeholders at the highest level.”
