Flagship explainer

How PATRICK INDUSTRIES, INC. makes its money

Start with a dollar of revenue and follow what the filing says remains.

revenueBranching filed flows with values and percentages directly labeled. Missing filing concepts are omitted rather than estimated.Revenue$4.0B · 100%Cost of revenue$3.0B · 77%Gross profit$913M · 23%Operating income$276M · 7%Income before tax$177M · 4%Income tax$42M · 1%Net income$135M · 3%As of 2025-12-31 · 1 SEC filing sourceBuy Like Buffett · buylikebuffett.com

Honest partial: the filing did not provide a normalized tag for Research and development, Selling, general and administrative; those components are omitted, not plugged.

Table alternative
Filed lineValue% of revenueSource
$4.0B100%
Cost of revenue$3.0B77%
$913M23%
$276M7%
Income before tax$177M4%
Income tax$42M1%
$135M3%
Source: · event Dec 31, 2025 · retrieved Jul 26, 2026 · annual-row source set
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PATK income explainer — Buy Like Buffett · Buy Like Buffett