---
schema_version: "secwatch.filing_event.v1"
accession: "0000077360-23-000009"
form_type: "8-K"
ticker: "PNR"
cik: "0000077360"
company_name: "PENTAIR plc"
filed_at: "2023-04-27T23:59:59+00:00"
generated_at: "2026-06-16T10:16:01.431193+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Pentair Q1 2023 sales $1.0B (+3% YoY), GAAP EPS $0.78, adj EPS $0.91; FY guidance updated to $3.25-$3.35 GAAP

## Summary
- Operating income $184M (+26%); ROS expanded 320bps to 17.8% (adj 20.5%, +330bps).
- Pool segment sales -16% core; Water Solutions +32% (core +2%); Industrial & Flow +9% (core +11%).
- Segment income: Pool $116M (flat), Water Solutions $52M (+136%), Industrial & Flow $65M (+25%).
- Q2 guidance: GAAP EPS $0.87-$0.89, adj EPS $0.94-$0.96; sales down ~1% to flat.
- Free cash flow used $123M vs $149M prior year; dividend maintained at $0.22/share.

## SEC filing metadata
- accession: 0000077360-23-000009
- form_type: 8-K
- ticker: PNR
- cik: 0000077360
- company_name: PENTAIR plc
- filed_at: 2023-04-27T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/77360/000007736023000009/0000077360-23-000009-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/77360/000007736023000009/pnr-20230427.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000077360-23-000009
- JSON: https://secwatch.observer/filing/0000077360-23-000009.json
- Plain text: https://secwatch.observer/filing/0000077360-23-000009.txt

## Key facts
- Earnings Releases
  PENTAIR plc reported first quarter 2023 results: revenue $1.0 billion, EPS $0.78.
  - Period: first quarter 2023
  - Revenue: $1.0 billion
  - EPS: $0.78
  - Result: reported results
  source text: Pentair Reports Strong First Quarter 2023 Results • Sales of $1.0 billion, up 3 percent compared to sales for the same period last year. • Operating income increased 26 percent to $184 million reflecting ROS of 17.8 percent, an increase of 320 basis points when compared to first quarter of 2022; on an adjusted basis, ROS expanded 330 basis points to 20.5 percent. • GAAP EPS increased 10 percent to $0.78 compared to the same period last year and adjusted EPS rose 7 percent to $0.91 compared to the same period last year.
  evidence_url: https://www.sec.gov/Archives/edgar/data/77360/000007736023000009/0000077360-23-000009-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.