Latham Group, Inc.
Income Statement
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue | — | $545.9M | $508.5M | $566.5M | $695.7M | $630.5M | $403.4M | $318.0M |
| Cost of Revenue | — | $363.8M | $354.8M | $413.5M | $479.3M | $426.3M | $260.6M | $219.8M |
| Gross Profit | — | $182.1M | $153.7M | $152.9M | $216.5M | $204.2M | $142.8M | $98.2M |
| Gross Margin | — | 33.4% | 30.2% | 27.0% | 31.1% | 32.4% | 35.4% | 30.9% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | — | $122.6M | $108.4M | $110.3M | $146.8M | $217.8M | $85.5M | $57.4M |
| Operating Income | — | $30.6M | $18.3M | $16.1M | $30.0M | $-36.2M | $39.9M | $25.1M |
| Operating Margin | — | 5.6% | 3.6% | 2.8% | 4.3% | -5.7% | 9.9% | 7.9% |
| Interest Expense | — | — | — | $30.9M | $15.8M | $24.4M | $18.3M | — |
| Pretax Income | — | $13.5M | $-8.7M | $-10.1M | $13.7M | $-53.5M | $22.8M | $2.8M |
| Income Tax Expense | — | $2.4M | $9.1M | $-7.7M | $19.4M | $8.8M | $6.8M | $-4.7M |
| Net Income | — | $11.1M | $-17.9M | $-2.4M | $-5.7M | $-62.3M | $16.0M | $7.5M |
| Net Margin | — | 2.0% | -3.5% | -0.4% | -0.8% | -9.9% | 4.0% | 2.3% |
| EPS (Basic) | — | $0.10 | $-0.15 | $-0.02 | $-0.05 | $-0.56 | $0.16 | $0.08 |
| EPS (Diluted) | — | $0.09 | $-0.15 | $-0.02 | $-0.05 | $-0.56 | $0.16 | $0.08 |
| Shares Outstanding (Basic) | 116.8M | 116.4M | 115.4M | 112.9M | 113.2M | 110.6M | 101.6M | 95.0M |
| Shares Outstanding (Diluted) | 116.8M | 119.8M | 115.4M | 112.9M | 113.2M | 110.6M | 102.6M | 95.4M |
| Dividends Per Share | — | — | — | — | — | $1.00 | — | — |