Latham Group
Logotype for Latham Group Inc

Latham Group (SWIM) investor relations material

Latham Group Q4 2025 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
Logotype for Latham Group Inc
Q4 2025 earnings summary3 Mar, 2026

Executive summary

  • Achieved strong Q4 and full-year 2025 results, with revenues up 15% in Q4 and full-year net sales up 7.4%, outperforming a declining U.S. in-ground pool market.

  • Fiberglass pools drove growth, representing 76.5% of in-ground pool sales and gaining market share to 24% of U.S. pool starts, with double-digit growth in key Sand States like Florida.

  • Auto cover sales grew 22% and liner sales increased 4% in 2025, supported by product innovation, digital tools, and marketing partnerships.

  • Expanded dealer base and presence in Sand States, especially Florida, with strategic partnerships and double-digit sales growth.

  • Completed the acquisition of Freedom Pools in February 2026, expanding market position in Australia/New Zealand and providing immediate earnings accretion.

Financial highlights

  • Q4 2025 net sales were $100 million, up 14.5% year-over-year; full-year 2025 net sales reached $545.9 million, up 7.4% from 2024.

  • Q4 adjusted EBITDA was $10.5 million (up 189.6%); full-year adjusted EBITDA was $99.8 million, up from $80.2 million in 2024.

  • Gross margin expanded by 340 bps in Q4 to 28% and by 320 bps for the year to 33.4%.

  • Net income for 2025 was $11.1 million, reversing a net loss of $17.9 million in 2024.

  • Ended 2025 with $71 million in cash and $279.8 million in total debt.

Outlook and guidance

  • 2026 net sales guidance: $580–$610 million; adjusted EBITDA: $105–$120 million, representing 9% and 12.7% growth at midpoints.

  • Expect mid-single digit organic growth, with additional contributions from Freedom Pools acquisition.

  • Capital expenditures projected at $42–$48 million, including facility purchases and upgrades.

  • U.S. in-ground pool starts expected to remain flat in 2026; company aims to outperform market via strategic priorities.

Strategy to address the Texas permit decline
Rationale for purchasing leased production sites
Plan to penetrate national homebuilder channels
Partial view of Summaries dataset, powered by Quartr API
AI can get things wrong. Verify important information.
Research faster. Power your platform.

Next Latham Group earnings date

Logotype for Latham Group Inc
Q1 20265 May, 2026
Latham Group
Your earnings 
season toolkit.
Download
Free on both iOS & Android.

Next Latham Group earnings date

Logotype for Latham Group Inc
Q1 20265 May, 2026

The essential earnings season companion

The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.

Live calls and transcripts

Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.

Find what you need faster

Search for any keyword across all transcripts simultaneously.

Easily store key findings

Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.

Your watchlist. Your dashboard.

Follow the companies that matter to you. Get a personalized feed with real-time updates.

Be the first to know

Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.

Consensus estimates

Access analyst consensus estimates, valuation multiples, and revenue segments splits.

All IR material in one place

The easiest way to stay updated during earnings season.

Global coverage

All events from public companies. Live and recorded.

Just click and listen

No webcast links. No manual registrations.

Research anytime, anywhere

Built for professionals. Loved by everyone. Try our free mobile app.

excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
App-store-avatar.png play-store-avatar.png
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
play-store-avatar
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
App-store-avatar.png play-store-avatar.png
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
App-store-avatar.png play-store-avatar.png
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
play-store-avatar
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
App-store-avatar.png play-store-avatar.png
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
x-avatar
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
App-store-avatar.png play-store-avatar.png
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
x-avatar
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
x-avatar
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
App-store-avatar.png play-store-avatar.png
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
x-avatar
@theshortbearx.com

Frequently asked questions

Latham Group Inc designs, manufactures, and markets in-ground residential swimming pools and related components. The company’s product portfolio includes fiberglass and vinyl liner pools, covers, and other accessories. It serves pool builders and distributors across North America and Australia. The company is headquartered in Latham, New York, and its shares are listed on the NASDAQ.

Quartr provides global coverage of all investor relation material from public companies.

  • Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.

  • Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.

  • Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.

Yes, the Quartr mobile app is free on both iOS and Android.

Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.

Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.

Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.

Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.

Explore our global coverage