Latham Group, Inc. filed its quarterly report on Form 10-Q with the SEC on August 5, 2026, covering the fiscal quarter and two fiscal quarters ended June 27, 2026.

Key Highlights

  • Quarterly net sales: Net sales for the fiscal quarter ended June 27, 2026 were $197,474 thousand, compared to $172,639 thousand for the fiscal quarter ended June 28, 2025.
  • Quarterly net income: Net income for the fiscal quarter ended June 27, 2026 was $12,754 thousand, versus $15,980 thousand in the prior-year quarter.
  • Year-to-date net sales: Net sales for the two fiscal quarters ended June 27, 2026 were $314,789 thousand, up from $284,059 thousand for the same period a year earlier.
  • Earnings per share: Basic and diluted net income per share for the fiscal quarter ended June 27, 2026 were $0.11 and $0.11, respectively, according to the filing.
  • Total assets: Total assets stood at $860,372 thousand as of June 27, 2026, compared to $823,223 thousand as of December 31, 2025.
  • Shares outstanding: 117,535,232 shares of common stock were issued and outstanding as of June 27, 2026, per the balance sheet.

Latham Group's Second Quarter 2026 Operating and Balance Sheet Results

According to the filing, Latham Group, Inc. (NASDAQ: SWIM) is a Delaware-incorporated company headquartered in Latham, NY, that manufactures and sells products in the residential swimming pool sector. For the fiscal quarter ended June 27, 2026, the company reported net sales of $197,474 thousand and gross profit of $70,078 thousand, compared to gross profit of $63,963 thousand for the fiscal quarter ended June 28, 2025. Selling, general, and administrative expense rose to $37,620 thousand in the second quarter of 2026 from $31,940 thousand in the prior-year quarter, the filing disclosed.

Income from operations for the fiscal quarter ended June 27, 2026 was $25,092 thousand, the filing stated, while interest expense, net was $5,930 thousand. Earnings from the company's equity method investment contributed $1,081 thousand for the quarter. For the two fiscal quarters ended June 27, 2026, the company reported net income of $4,220 thousand, compared to $10,018 thousand for the same period a year prior, according to the filing.

The condensed consolidated balance sheet reported total stockholders' equity of $411,432 thousand as of June 27, 2026, up from $405,861 thousand at December 31, 2025. The accumulated deficit narrowed to $59,472 thousand at June 27, 2026 from $63,692 thousand at December 31, 2025, the filing disclosed. Long-term debt, net of discount and debt issuance costs, was $276,563 thousand as of June 27, 2026. Goodwill was reported at $161,519 thousand and intangible assets, net at $258,225 thousand at the quarter's end.

What Was Disclosed

Latham Group filed its Form 10-Q for the fiscal quarter ended June 27, 2026, reporting quarterly net sales of $197,474 thousand, net income of $12,754 thousand, total assets of $860,372 thousand, and total stockholders' equity of $411,432 thousand, with 117,535,232 shares of common stock outstanding at quarter end.