Rev Group Inc. reported higher fourth-quarter and fiscal-year-end sales overall, despite lower net sales in the RV segment.
The company reported fourth-quarter net sales of $664.4 million compared with $597.9 million in the previous year’s fourth quarter. Fiscal-year net sales totaled $2.4635 billion, up from $2.3802 billion in 2024.
Rev Group turned a profit in fiscal 2025, totaling $95.2 million. Profits were down 63% from fiscal 2024.
Rev Group President and CEO Mark Skonieczny said the fiscal year that ended on Oct. 31 was one of significant operational, financial and organizational change for the company.
“We improved efficiency and throughput, and saw strong execution from our supply chain group, which helped us manage costs effectively,” Skonieczny said. “Sustained operational performance provided confidence to increase capital investments in key areas, while record cash flow also supported a reduction of debt and a return of cash to shareholders in the form of share repurchases and regular cash dividends.”
The company reported lower Type A motorhome shipments that led to a 0.6% year-over-year decrease in fiscal fourth-quarter RV sales.
Rev Group said increased dealer assistance was a contributing factor to lower sales, though a favorable mix of diesel RVs partially offset it.
The RV segment backlog at the end of the fourth quarter was $232.9 million, a 20% decrease from the end of the 2024 fiscal fourth quarter.
The company’s board of directors declared a quarterly dividend of $0.06 per share of common stock. The dividend is payable Jan. 9, 2026, to shareholders of record as of Dec. 24.
“We are entering fiscal 2026 with continued strong momentum of financial and operational performance,” Skonieczny said. “With the recent Terex merger announcement, we are taking an important step that positions the business to build on the progress of the past three years at greater scale, and supports stronger shareholder returns in the years ahead.”
Rev Group said the preliminary Form S-4 for the proposed strategic merger with Terex Corp. was filed with the Securities and Exchange Commission on Monday. The deal remains on track to close in the first half of 2026.
