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Pentair PNR Flow — Operating Expenses

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Other financials

Income statement

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Revenue$932.6M-17.0%
Gross profit$395.0M-13.5%
Operating income$166.5M-23.5%
Net income$128.6M-13.4%
EPS (diluted)$0.80-11.1%

Balance sheet

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Cash & equivalents$91.8M-35.8%
Total debt$1.8B+17.6%
Total equity$3.7B+2.1%
Total assets$6.7B+3.6%

Cash flow

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Operating cash flow$571.8M-5.7%
CapEx$18.9M+73.4%
Free cash flow$552.9M-7.2%

Valuation

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Market cap$11.02B-34.5%
Enterprise value$12.7B-30.1%
P/E16.9×-10.7×
P/S2.8×-1.4×

Profitability

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Gross margin41.3%+1.6pp
Operating margin20.3%+0.9pp
Net margin16.2%+1.4pp
FCF margin16.8%-3.6pp

Returns & leverage

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Return on equity17.6%+0.4pp
Debt / equity0.5×+0.1×
Current ratio1.5×0.0×

Where this comes from

Reported directly by Pentair in its filing.

Tagged under the XBRL concept us-gaap:OperatingExpenses.

The source filing: Pentair’s 10-Q, filed July 28, 2026.

Filed
Jul 28, 2026, 4:46 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0000077360-26-000045
In millionsFlowWater SolutionsPoolTotal
Corporate and other0.3
Total consolidated net sales$932.6
Cost of goods sold (1)(3)(154.7)(235.6)(145.5)
Operating expenses (1)(2)(3)(39.2)(60.0)(43.5)
Reportable segment income$69.8$126.4$57.6$253.8
Corporate and other(17.2)
Restructuring and other(36.4)
Transformation costs(17.5)

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Pentair's flow — operating expenses?
Pentair (PNR) reported flow — operating expenses of $39.2M in Q2 2026.
How has Pentair's flow — operating expenses changed year-over-year?
Pentair's flow — operating expenses decreased by 32.3% year-over-year, from $57.9M to $39.2M.
What is the long-term trend for Pentair's flow — operating expenses?
Over 3 years (2022 to 2025), Pentair's flow — operating expenses has grown at a 2.4% compound annual growth rate (CAGR), from $217M to $232.8M.
What does flow — operating expenses mean?
The costs incurred through normal business operations that are not directly tied to the production of goods, such as selling, general, and administrative (SG&A) expenses. This includes marketing, research and development, and corporate overhead allocated to the segment.

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