Thor Industries, Inc. filed its Annual Report on Form 10-K for the fiscal year ended July 31, 2026, disclosing consolidated net sales of $9.61 billion and net income attributable to the company of $177.5 million.
Key Highlights
- Net sales of $9,608,145 thousand for the fiscal year ended July 31, 2026, according to the filing's five-year financial summary.
- Net income attributable to Thor Industries of $177,539 thousand ($3.38 diluted earnings per share), as reported in the filing.
- $223.9 million returned to shareholders in fiscal 2026, comprising $115.1 million in share repurchases and $108.8 million in dividend payments.
- Debt reduced by $59.7 million during the fiscal year, the company disclosed.
- Gross profit of $1,212,630 thousand for fiscal 2026, compared to $1,340,641 thousand in fiscal 2025 and $1,451,962 thousand in fiscal 2024.
- Total assets of $6,956,155 thousand as of July 31, 2026, per the five-year financial highlights table.
- Strategic evolution of North American RV operating model announced and begun in fiscal 2026, with a unified North American RV leadership team put in place early in fiscal 2027, the company disclosed.
Thor Industries Fiscal 2026 Annual Results: Sales, Earnings, and Operational Restructuring
According to the filing, Thor Industries generated consolidated net sales of $9,608,145 thousand in fiscal 2026, a modest increase from $9,579,490 thousand in fiscal 2025, though well below the $11,121,605 thousand reported in fiscal 2023. The company attributed results to what it described as "a challenging industry environment influenced by persistent macroeconomic headwinds." Diluted earnings per share came in at $3.38, compared to figures reported in prior years that the filing lists in its five-year summary table.
The filing reported stockholders' equity of $4,259,981 thousand, cash and cash equivalents of $481,988 thousand, and working capital of $1,189,831 thousand as of July 31, 2026. Capital acquisitions for the year totaled $154,632 thousand, while depreciation and amortization of intangibles reached $266,355 thousand. The company reported that it reduced debt by $59.7 million during the fiscal year while also returning $223.9 million to shareholders through repurchases and dividends.
On the operational side, the filing disclosed that Thor announced and began implementing what it called "the strategic evolution of our North American RV operating model" during fiscal 2026, and that early in fiscal 2027 the company unified its North American RV operations under a single leadership team. The filing also noted "significant restructuring initiatives within our European segment" aimed at improving operational and labor efficiencies. Thor's registered common stock trades on the New York Stock Exchange under the symbol THO (NYSE:THO), as stated on the filing's cover page.
What Was Disclosed
Thor Industries filed its fiscal year 2026 Annual Report covering the period ended July 31, 2026, reporting $9.61 billion in net sales, $177.5 million in net income attributable to the company, $3.38 diluted EPS, and $223.9 million in total capital returned to shareholders, alongside disclosure of North American RV restructuring efforts.



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