Patrick Industries (PATK) Operating Expenses (2011 - 2026)
Patrick Industries' (PATK) quarterly Operating Expenses came in at $170.5 million in Q2 2026, up 4.04% year-over-year from $163.9 million in Q2 2025, and up 5.18% quarter-over-quarter from $162.1 million in Q1 2026.
Analysis
Patrick Industries (PATK) Operating Expenses (2011 - 2026) Analysis & Trends
Patrick Industries (PATK) has reported Operating Expenses for 16 consecutive years, with $170.5 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Operating Expenses rose 4.04% year-over-year to $170.5 million in Q2 2026; TTM through Jun 2026 was $642.6 million, a 4.89% increase from a year earlier, with the FY2025 full-year figure at $636.9 million, up 10.21% from the prior year.
- Operating Expenses was $170.5 million for Q2 2026 at Patrick Industries, up from $162.1 million in the prior quarter.
- Over five years, Operating Expenses peaked at $170.5 million in Q2 2026 and troughed at $121.6 million in Q4 2023.
- A 5-year average of $146.3 million and a median of $146.1 million in 2024 frame the typical range for Operating Expenses.
- Across the five-year window, Operating Expenses surged 43.57% in 2022 and retreated 12.21% in 2023, its largest moves.
- Over 5 years, Operating Expenses stood at $133.4 million in 2022, then retreated by 8.86% to $121.6 million in 2023, then gained by 21.42% to $147.6 million in 2024, then climbed by 5.17% to $155.3 million in 2025, then grew by 9.84% to $170.5 million in 2026.
- The last three Operating Expenses figures came in at $170.5 million (Q2 2026), $162.1 million (Q1 2026), and $155.3 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Otis Worldwide | 26.49 Bn | 25.68 Bn | 1.14 Bn | 3.28 Bn |
| 2 | James Hardie Industries | 17.99 Bn | 17.70 Bn | 548.70 Mn | 327.40 Mn |
| 3 | Masco | 13.88 Bn | 13.33 Bn | 868.00 Mn | 397.00 Mn |
| 4 | Carlisle Companies | 13.70 Bn | 13.03 Bn | 568.40 Mn | 210.70 Mn |
| 5 | Allegion | 13.11 Bn | 12.79 Bn | 517.50 Mn | 262.80 Mn |
| 6 | Owens Corning | 10.38 Bn | 10.11 Bn | 793.00 Mn | 311.00 Mn |
| 7 | Advanced Drainage Systems | 10.10 Bn | 9.94 Bn | 408.05 Mn | 130.82 Mn |
| 8 | Acuity Inc. (De) | 9.77 Bn | 9.36 Bn | 606.40 Mn | 413.10 Mn |
| 9 | Zurn Elkay Water Solutions | 7.81 Bn | 7.45 Bn | 288.30 Mn | 121.30 Mn |
| 10 | Patrick Industries | 2.48 Bn | 2.45 Bn | 247.58 Mn | 170.54 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 28, 2026 | 170.54 Mn |
| Mar 29, 2026 | 162.14 Mn |
| Dec 31, 2025 | 155.27 Mn |
| Sep 28, 2025 | 154.67 Mn |
| Jun 29, 2025 | 163.91 Mn |
| Mar 30, 2025 | 163.02 Mn |
| Dec 31, 2024 | 147.64 Mn |
| Sep 29, 2024 | 138.10 Mn |
| Jun 30, 2024 | 146.61 Mn |
| Mar 31, 2024 | 145.51 Mn |
| Dec 31, 2023 | 121.59 Mn |
| Oct 1, 2023 | 128.04 Mn |
| Jul 2, 2023 | 134.39 Mn |
| Apr 2, 2023 | 138.01 Mn |
| Dec 31, 2022 | 133.41 Mn |
| Sep 25, 2022 | 143.69 Mn |
| Jun 26, 2022 | 153.08 Mn |
| Mar 27, 2022 | 133.59 Mn |
| Dec 31, 2021 | 132.33 Mn |
| Sep 26, 2021 | 114.89 Mn |