Quarterly ResultAug 5, 2026, 11:18 AM
LCI Industries Q2 Net Income $67.1M, EPS $2.75
AI Summary
LCI Industries reported a decrease in net sales for the second quarter of 2026, reaching $968.7 million, down from $1,107.3 million in the prior year. Despite this, the company achieved a significant increase in net income to $67.1 million and diluted EPS of $2.75, compared to $57.6 million and $2.29 respectively in Q2 2025. The results were positively impacted by $94.9 million in IEEPA Tariff refunds, though $88.8 million was recorded as a liability for customer pass-through. The company also noted the maturity and cash settlement of its 2026 Convertible Notes and maintained strong liquidity with $595.2 million available under its revolving credit facility.
Key Highlights
- Q2 Net Sales decreased to $968.7 million from $1,107.3 million year-over-year.
- Q2 Net Income increased to $67.1 million from $57.6 million year-over-year.
- Q2 Diluted EPS rose to $2.75 from $2.29 year-over-year.
- Received $94.9 million in IEEPA Tariff refunds during the second quarter of 2026.
- Recorded an $88.8 million liability for tariff pass-through obligations to customers.
- Net cash flows from operating activities increased to $170.2 million for the six months.
- 2026 Convertible Notes matured in May 2026 and were paid in cash.
- Maintained $595.2 million availability under the revolving credit facility at June 30, 2026.
Price Impact
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