LCI Industries reported a sharp improvement in second-quarter 2026 results, with revenue rising to $1.16 billion from $1.02 billion a year earlier, an increase of $140 million, or about 14%.
Net income came in at $64.6 million, up from $29.1 million in the second quarter of 2025, more than doubling year over year. Diluted earnings per share increased to $2.55 from $1.15.
Operating income climbed to $94.2 million from $52.0 million in the prior-year quarter, while adjusted EBITDA rose to $131.5 million from $93.9 million. Adjusted EBITDA margin improved to 11.3% from 9.2%.
Gross profit increased to $274.2 million from $235.1 million, and gross margin expanded to 23.6% from 23.0%. Selling, general and administrative expenses increased to $180.0 million from $183.1 million, with SG&A as a percentage of sales declining to 15.5% from 18.0%.
On the balance sheet, cash and cash equivalents were $99.8 million at quarter-end, compared with $118.3 million at the end of the first quarter. Total debt stood at $685.4 million, down from $696.8 million three months earlier.
For the first half of 2026, revenue totaled $2.11 billion, up from $1.93 billion in the first half of 2025. Net income for the six-month period rose to $106.2 million from $48.5 million, and diluted EPS increased to $4.20 from $1.92. As a result of these announcements, the company's shares have moved 1.29% on the market, and are now trading at a price of $107.18. Check out the company's full 8-K submission here.
