---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-25-106281"
form_type: "8-K"
ticker: "SWIM"
cik: "0001833197"
company_name: "Latham Group, Inc."
filed_at: "2025-11-04T23:59:59+00:00"
generated_at: "2026-05-17T00:42:07.336053+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Latham Group Q3 net sales up 7.6% to $161.9M, raises FY2025 guidance midpoints

## Summary
- Net sales $161.9M (+7.6% YoY), net income $8.1M (+37.7%), diluted EPS $0.07 vs $0.05.
- Gross margin expanded 300 bps to 35.4%; Adjusted EBITDA $38.3M (+28.5%), margin 23.7%.
- Narrowed FY2025 guidance: net sales $540-550M, adj. EBITDA $92-98M, capex $22-24M.
- Fiberglass pools on track for ~75% of full-year in-ground pool sales; covers/liners drove growth.
- Net debt leverage improved to 2.3x from 3.0x Q2 2025; cash $70.5M.

## SEC filing metadata
- accession: 0001104659-25-106281
- form_type: 8-K
- ticker: SWIM
- cik: 0001833197
- company_name: Latham Group, Inc.
- filed_at: 2025-11-04T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1833197/000110465925106281/0001104659-25-106281-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1833197/000110465925106281/tm2530204d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-25-106281
- JSON: https://secwatch.observer/filing/0001104659-25-106281.json
- Plain text: https://secwatch.observer/filing/0001104659-25-106281.txt

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