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Latham Group, Inc. SWIM Single Reportable Segment — Net Interest Expense

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Other financials

Income statement

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Revenue$117.3M+5.3%
Gross profit$37.2M+13.0%
Operating income-$6.6M-33.9%
Net income-$8.5M-43.1%
EPS (diluted)-$0.07-40.0%

Balance sheet

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Cash & equivalents$27.5M+14.7%
Total debt$313.5M+807%
Total equity$396.7M+4.1%
Total assets$856.4M+3.9%

Cash flow

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Operating cash flow-$47.7M-1.8%
CapEx$10.5M+204%
Free cash flow-$58.2M-15.7%

Valuation

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Market cap$744.39M+8.4%
Enterprise value$1.03B+47.8%
P/E77.5×
P/S1.4×0.0×

Profitability

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Gross margin33.8%+3.1pp
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 ratio1.9×-0.7×

Where this comes from

Reported directly by Latham Group, Inc. in its filing.

Tagged under the XBRL concept us-gaap:InterestExpenseNonoperating.

The official record: Latham Group, Inc.’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Latham Group, Inc.'s single reportable segment — net interest expense?
Latham Group, Inc. (SWIM) reported single reportable segment — net interest expense of $4.76M in Q1 2026.
How has Latham Group, Inc.'s single reportable segment — net interest expense changed year-over-year?
Latham Group, Inc.'s single reportable segment — net interest expense decreased by 25.3% year-over-year, from $6.37M to $4.76M.
What is the long-term trend for Latham Group, Inc.'s single reportable segment — net interest expense?
Over 3 years (2022 to 2025), Latham Group, Inc.'s single reportable segment — net interest expense has grown at a 17.9% compound annual growth rate (CAGR), from $15.75M to $25.81M.
What does single reportable segment — net interest expense mean?
Reflects the net cost of debt financing for the primary business segment, calculated as total interest expense minus any interest income earned. This metric highlights the segment's reliance on external leverage and the impact of capital structure on bottom-line profitability.