LCI Industries filed its Form 10-Q with the SEC on August 5, 2026, covering the quarterly period ended June 30, 2026, reporting net income of $67.1 million for the second quarter on net sales of $968.7 million.

Key Highlights

  • Q2 2026 Net Sales: $968,675 thousand, compared to $1,107,250 thousand in Q2 2025.
  • Q2 2026 Net Income: $67,141 thousand, up from $57,635 thousand in Q2 2025.
  • Diluted EPS: $2.75 for Q2 2026, compared to $2.29 for Q2 2025.
  • Six-Month Net Income: $130,088 thousand for the six months ended June 30, 2026, versus $107,073 thousand for the same period in 2025.
  • Operating Cash Flow: $170,218 thousand for the six months ended June 30, 2026, up from $154,937 thousand in the prior-year period.
  • Total Assets: $3,267,902 thousand as of June 30, 2026, compared to $3,175,987 thousand at December 31, 2025.
  • Shares Outstanding: 24,311,507 shares of common stock as of July 31, 2026.

LCI Industries Q2 2026: Revenue Decline Offset by Improved Profitability

According to the filing, LCI Industries (New York Stock Exchange: LCII) recorded net sales of $968,675 thousand for the three months ended June 30, 2026, a decrease from $1,107,250 thousand in the comparable prior-year quarter. Despite the lower revenue, the company reported gross profit of $301,144 thousand in Q2 2026, compared to $270,021 thousand in Q2 2025, reflecting an improvement in the gross profit margin. Operating profit for the quarter was $95,960 thousand, up from $87,804 thousand a year earlier, the filing disclosed.

For the six months ended June 30, 2026, the registrant reported net sales of $2,059,192 thousand versus $2,152,840 thousand for the same period in 2025. Net income for the first half of 2026 was $130,088 thousand, compared to $107,073 thousand in the first half of 2025, according to the filing. Basic earnings per share for the six-month period were $5.36, versus $4.23 in the prior-year period. Interest expense, net, was $16,232 thousand for the six months ended June 30, 2026, compared to $15,680 thousand in the same period of 2025. The prior-year period also included a loss on extinguishment of debt of $8,053 thousand, which did not recur in 2026, the filing noted.

On the balance sheet, the company reported total stockholders' equity of $1,431,752 thousand as of June 30, 2026, up from $1,360,833 thousand at December 31, 2025. Long-term indebtedness decreased to $848,932 thousand from $941,502 thousand at year-end 2025, with the filing reflecting repurchases of convertible notes totaling $92,000 thousand during the six-month period. Cash and cash equivalents stood at $216,512 thousand at June 30, 2026. The company paid dividends of $55,879 thousand during the six months ended June 30, 2026, according to the cash flow statement.

What Was Disclosed

LCI Industries disclosed its unaudited condensed consolidated financial statements for the three and six months ended June 30, 2026, including income, comprehensive income, balance sheet, and cash flow data, as part of its quarterly report filed on August 5, 2026.