THOR Industries (THO) Financial Statements & Analysis

THOR Industries Income Statement Analysis

Values in billions USD

Income Statement Balance Sheet Cash Flow Ratios

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THOR Industries, Inc. income statement - Annual data in billions USD
Breakdown	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017
Period ending	Jul 2026	Jul 2025	Jul 2024	Jul 2023	Jul 2022	Jul 2021	Jul 2020	Jul 2019	Jul 2018	Jul 2017
Revenue & Gross Profit
Revenue	9.61	9.58	10.04	11.12	16.31	12.32	8.17	7.86	8.33	7.25
Cost of Revenue	8.40	8.24	8.46	9.53	13.32	10.56	7.16	6.98	6.96	6.27
Gross Profit	1.21	1.34	1.59	1.60	2.99	1.76	1.01	0.89	1.36	0.97
Operating Expenses
Research & Development	0.00	0.05	0.05	0.04	0.04	0.03	0.02	0.01	0.00	0.00
Selling, General & Administrative	0.90	0.92	0.82	0.87	1.08	0.82	0.60	0.52	0.47	0.41
Operating Expenses	1.02	1.04	1.16	1.01	1.46	0.85	0.62	0.53	0.73	0.41
Operating Income	0.20	0.30	0.42	0.59	1.53	0.91	0.39	0.36	0.63	0.56
Other Income/Expense
Interest Income	0.00	0.01	0.00	0.00	0.00	0.00	0.00	0.01	0.00	0.00
Interest Expense	0.04	0.05	0.09	0.10	0.09	0.09	0.11	0.07	0.01	0.01
Other Income/Expense	0.04	0.05	-0.08	0.01	-0.07	-0.06	-0.11	-0.18	0.00	0.00
Income
Income Before Tax	0.24	0.30	0.35	0.50	1.46	0.84	0.27	0.18	0.63	0.56
Income Tax Expense	0.06	0.04	0.08	0.13	0.32	0.18	0.05	0.05	0.20	0.18
Net Income	0.18	0.26	0.27	0.37	1.14	0.66	0.22	0.13	0.43	0.37
Net Income - Continuous Operations	0.18	0.26	0.27	0.37	1.14	0.66	0.22	0.13	0.43	0.37
Net Income - Discontinued Operations	-	-	-	-	-	-	-	-	-	-
EBITDA	0.46	0.62	0.71	0.87	1.84	1.17	0.58	0.51	0.73	0.66
EBIT	0.20	0.34	0.44	0.60	1.55	0.91	-	-	-	-
Depreciation & Amortization	0.00	0.12	0.28	0.14	0.28	0.23	0.20	0.15	0.09	0.10
Earnings Per Share
Basic EPS	3.00	5.00	5.00	7.00	21.00	12.00	4.00	2.00	8.00	7.00
Diluted EPS	3.00	5.00	5.00	7.00	21.00	12.00	4.00	2.00	8.00	7.00
Basic Shares Outstanding	0.05	0.05	0.05	0.05	0.06	0.06	0.06	0.05	0.05	0.05
Diluted Shares Outstanding	0.05	0.05	0.05	0.05	0.06	0.06	0.06	0.05	0.05	0.05

Source: Company financial statements from annual and quarterly filings. Data as of Jul 31, 2026. Data sources and methodology

Frequently Asked Questions About THOR Industries Financial Statements

What was THOR Industries's revenue in fiscal 2026?

THOR Industries reported revenue of $9.61B in fiscal 2026 (fiscal year ended Jul 31, 2026). That was up 0.3% from $9.58B a year earlier.

Is THOR Industries profitable?

Yes. THOR Industries earned net income of $177.54M in fiscal 2026, a net margin of 1.8%. In fiscal 2025 it earned $258.56M.

What is THOR Industries's operating margin?

THOR Industries's operating income was $197.07M on revenue of $9.61B in fiscal 2026, an operating margin of 2.1%, compared with 3.1% a year earlier.

What is net profit margin?

Net profit margin is net income divided by revenue. It shows how much of each dollar of sales a company keeps as profit after all costs, interest and taxes. Full definition