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Other financials

Income statement

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Revenue$197.5M+14.4%
Operating income$25.1M+1.5%
Net income$12.8M-20.2%
EPS (diluted)$0.11-15.4%

Balance sheet

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Cash & equivalents$43.5M+61.4%
Total debt$313.9M+850%
Total equity$411.4M+3.3%
Total assets$860.4M+4.7%

Cash flow

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Operating cash flow$53.5M+48.7%
CapEx$5.6M-19.4%
Free cash flow-$58.2M-15.7%

Valuation

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Market cap$879.99M+5.6%
Enterprise value$1.15B+37.1%
P/E31.1×
P/S1.5×-0.1×

Profitability

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Gross margin33.4%+1.4pp
Operating margin5.4%+3.8pp
Net margin-2.1%-4.3pp
FCF margin5.5%-0.6pp

Returns & leverage

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Return on equity-2.7%-5.5pp
Debt / equity0.8×+0.7×
Current ratio2.2×-0.2×

Where this comes from

Calculated from Latham Group, Inc.’s reported figures.

The source filing: Latham Group, Inc.’s 10-Q, filed August 5, 2026.

Filed
Aug 5, 2026, 7:30 AM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001628280-26-052925
Line itemFiscal Quarter Ended / June 27, 2026Fiscal Quarter Ended / June 28, 2025Two Fiscal Quarters Ended / June 27, 2026Two Fiscal Quarters Ended / June 28, 2025
Net sales$197,474$172,639$314,789$284,059
Cost of sales127,396108,676207,554187,215
Gross profit70,07863,963107,23596,844
Selling, general, and administrative expense37,62031,94074,20962,560
Amortization7,3667,29914,53514,491
Income from operations25,09224,72418,49119,793
Other expense (income):
Interest expense, net5,9307,14910,68613,520

Item 1. Financial Statements

FAQ

What is Latham Group, Inc.'s gross profit?
Latham Group, Inc. (SWIM) reported gross profit of $70.08M in Q2 2026.
How has Latham Group, Inc.'s gross profit changed year-over-year?
Latham Group, Inc.'s gross profit increased by 9.6% year-over-year, from $63.96M to $70.08M.
What is the long-term trend for Latham Group, Inc.'s gross profit?
Over 4 years (2021 to 2025), Latham Group, Inc.'s gross profit has grown at a -2.8% compound annual growth rate (CAGR), from $204.16M to $182.09M.
What does gross profit mean?
Revenue minus cost of revenue — the profit available to cover operating expenses, representing the company's pricing power and production efficiency.

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