THOR INDUSTRIES, INC. (THO) FY2026 Annual P&L / Income Statement
2025-08-01 to 2026-07-31
Revenue by Business Segment
2025-08-01 to 2026-07-31
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THOR INDUSTRIES, INC. (THO) FY2026 Annual P&L / Income Statement
Income statement for 2025-08-01 through 2026-07-31. View: Business segment. Revenue uses this breakdown; costs and expenses retain the consolidated categories.
- Net sales
- 9,608,145,000 US dollars
- Cost of products sold
- 8,395,515,000 US dollars
- Gross profit
- 1,212,630,000 US dollars
- Operating expenses (calculated)
- 1,015,555,000 US dollars
- Operating profit (calculated)
- 197,075,000 US dollars
- Other income (expense), net (calculated)
- 41,646,000 US dollars
- Income before income taxes
- 238,721,000 US dollars
- Income taxes
- 64,067,000 US dollars
- Net income
- 174,654,000 US dollars
- North American Towable
- 3,176,687,000 US dollars
- North American Motorized
- 2,455,160,000 US dollars
- European
- 3,296,729,000 US dollars
- Amortization of intangible assets
- 112,159,000 US dollars
- Selling, general and administrative expenses
- 903,396,000 US dollars
- Revenue before reconciliation (calculated)
- 8,928,576,000 US dollars. Sum of the reported revenue categories before the separately reported reconciliation.
- Other
- 976,976,000 US dollars. Reported reconciliation to consolidated revenue.
- Intercompany eliminations
- negative 297,407,000 US dollars. Reported reconciliation to consolidated revenue.
Chart connections
- Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
- Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.
- Reported revenue categories plus the separately reported signed reconciliation equals consolidated revenue.
- Of which attributable to THOR INDUSTRIES, INC.: $177.54 M; to noncontrolling interests: −$2.89 M.

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Gross margin
12.6%
Gross profit / revenue
Operating margin
2.1%
Operating profit / revenue
Cash conversion
183.9%
Operating cash / net income, same period
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