earnings
confidence high
sentiment positive
materiality 0.80
Latham posts Q4 net sales $100M (+14.5%), full-year net income $11.1M, guides FY2026 sales $580-610M
Latham Group, Inc.
- Q4 net sales $100.0M (+14.5% YoY); net loss narrowed to $7.0M from $29.2M loss.
- Full year 2025 net sales $545.9M (+7.4%); net income $11.1M vs. prior year loss of $17.9M.
- Adjusted EBITDA for 2025 $99.8M (+24.4%); margin expanded 250bps to 18.3%.
- Completed acquisition of Freedom Pools on Feb 26, 2026; adds ~$20M annual sales, accretive.
- FY2026 guidance: net sales $580-610M, adjusted EBITDA $105-120M, capex $42-48M.