The financials
THOR Industries, Inc. by the numbers
THOR Industries, Inc. (THO) reported revenue of $2.78B in Q3 2026 (quarter ended April 30, 2026), down 3.9% from the same quarter a year earlier. That came with a gross margin of 13% and net income of $97M (3.5% of revenue). For the full year FY2025, revenue was $9.58B (−4.6% year on year) and net income $259M. Its largest product in 2026-Q2 was Motorcaravan at $544M, 21.0% of the disclosed total, just ahead of Travel Trailers at 20.8%.
| Income statement | Q3 2026 | Q3 2025 | Change |
|---|---|---|---|
| Revenue | $2.78B | $2.89B | −3.9% |
| Gross profit | $355M | $443M | −20% |
| Net income | $97M | $135M | −28% |
| Diluted EPS | $1.86 | $2.53 | −26% |
| Product | Revenue | Share |
|---|---|---|
| Motorcaravan | $544M | 21% |
| Travel Trailers | $538M | 21% |
| Classc Motorized | $404M | 16% |
| Fifth Wheels Towables | $344M | 13% |
| Campervan | $295M | 11% |
| Classa Motorized | $187M | 7.2% |
| Classb Motorized | $127M | 4.9% |
| Other Rv Related | $99M | 3.8% |
| Caravan | $50M | 1.9% |
Business Segments
Revenue split by product segment, from SEC XBRL filings.
Latest period: Q2 2026Total $2.59B (+31%)
Classc Motorized grew +19% year on yearFifth Wheels Towables -30% year on year
Segment Latestquarter on quarteryear on year
- Motorcaravan$543.8M$543.8MQoQ +39%year on year +13%+39%+13%
- Travel Trailers$538.2M$538.2MQoQ +33%year on year -20%+33%-20%
- Classc Motorized$403.5M$403.5MQoQ +36%year on year +19%+36%+19%
- Fifth Wheels Towables$343.5M$343.5MQoQ +12%year on year -30%+12%-30%
- Campervan$294.6M$294.6MQoQ +57%year on year +17%+57%+17%
- Classa Motorized$186.7M$186.7MQoQ +9.9%year on year +6.8%+9.9%+6.8%
- Classb Motorized$127.5M$127.5MQoQ +16%year on year -16%+16%-16%
- Other Rv Related$98.8M$98.8MQoQ +41%year on year +8.9%+41%+8.9%
- Caravan$50.4M$50.4MQoQ +47%year on year -15%+47%-15%
Consumer Cyclical
Ranks #184 of 255 by Smart Score