Latham Group Q2 sales rise 14.4% to $197.5M; net income falls, guidance raised
Latham Group reported second-quarter 2026 net sales of $197.5 million, up 14.4%, but net income fell to $12.8 million, or $0.11 per diluted share, from $16.0 million, or $0.13, a year earlier. The company raised its full-year 2026 net sales and adjusted EBITDA guidance, while cutting its capital expenditure range, so shareholders get stronger top-line expectations alongside lower reported profit this quarter.
Key points
- Q2 net sales rose 14.4% to $197.5 million, with 10.3% organic growth.
- Q2 net income was $12.8 million ($0.11 per diluted share) versus $16.0 million ($0.13) a year earlier; the company cited a $5.0 million unfavorable currency change.
- Q2 adjusted EBITDA rose 11.9% to $44.6 million, with margin at 22.6%; gross margin fell 160 basis points to 35.5%.
- FY 2026 net sales guidance rose to $600-620 million from $580-610 million; adjusted EBITDA guidance rose to $110-120 million from $105-120 million.
The filing
Written by AI on Nov 9, 2026, 11:44 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 04, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.