Pool Corporation Reports Second Quarter 2026 Earnings Amid Net Sales Growth

Revenue Performance and Sales Growth in the Second Quarter

Pool Corporation's net sales for the three-month period ended June 30, 2026 totaled $1,822,938 thousand, representing growth from $1,784,530 thousand in the comparable 2025 quarter. This increase of approximately $38.4 million, or 2.1 percent, reflects the company's ability to expand its revenue base year-over-year despite operating in competitive market conditions. The filing indicates that gross profit rose to $540,762 thousand in the second quarter of 2026 from $535,161 thousand in the prior-year quarter, an increase of $5.6 million.

For the first six months of 2026, net sales totaled $2,960,952 thousand compared to $2,856,056 thousand for the same period in 2025, demonstrating consistent revenue expansion. The gross profit for the first half of 2026 reached $870,633 thousand against $847,530 thousand in the first half of 2025, reflecting an increase of $23.1 million. These figures suggest that Pool Corporation maintained pricing discipline and operational efficiency during the period, though the company's cost of sales also increased in absolute terms.

Cost of Sales and Gross Margin Analysis

Cost of sales for the second quarter of 2026 was $1,282,176 thousand, up from $1,249,369 thousand in the second quarter of 2025, an increase of $32.8 million. For the six-month period, cost of sales totaled $2,090,319 thousand compared to $2,008,526 thousand in the prior-year period, an increase of $81.8 million. The disclosure of these figures allows investors to calculate that gross margin for Q2 2026 was approximately 29.6 percent, compared to approximately 30.0 percent in Q2 2025, indicating a modest compression in gross margin year-over-year.

The increase in absolute cost of sales alongside revenue growth reflects the company's scaling of operations and procurement costs. The filing provides the underlying data necessary for investors to assess whether the company maintained operational leverage and pricing power during the period. The six-month gross margin of approximately 29.4 percent in 2026 compared to approximately 29.7 percent in 2025 also suggests relatively stable cost management despite inflationary pressures that may have affected the pool industry.

Operating Income and Expense Management

Operating income for the second quarter of 2026 was reported at $267,679 thousand, compared to $272,670 thousand in Q2 2025, representing a decrease of approximately $5.0 million or 1.8 percent. Selling and administrative expenses for the three-month period increased to $273,083 thousand from $262,491 thousand in the prior-year quarter, an increase of $10.6 million. This indicates that while gross profit expanded, higher operating expenses partially offset that improvement. The disclosure shows that the company's SG&A spending increased by approximately 4.0 percent year-over-year on a quarterly basis.

For the first six months of 2026, operating income totaled $350,290 thousand, essentially flat compared to $350,207 thousand in the prior-year period. Selling and administrative expenses for the six-month period reached $520,343 thousand, up from $497,323 thousand in the first half of 2025, an increase of $23.0 million or 4.6 percent. The filing indicates that Pool Corporation invested in its selling and administrative infrastructure during the period, with expense growth outpacing revenue growth, which investors may monitor as a potential factor affecting future profitability.

Net Income Decline and Earnings Performance

Net income attributable to Pool Corporation for the second quarter of 2026 was $188,089 thousand, down from $194,258 thousand in the second quarter of 2025, representing a decline of approximately $6.2 million or 3.2 percent. This decrease occurred despite the increase in net sales and gross profit, indicating that higher operating expenses and other costs more than offset the improvement in gross profit. The filing states that income before income taxes and equity in earnings for Q2 2026 was $253,406 thousand compared to $260,451 thousand in Q2 2025.

For the six-month period ended June 30, 2026, net income totaled $241,319 thousand, compared to $247,803 thousand in the first half of 2025, a decline of $6.5 million or 2.6 percent. The provision for income taxes in the six-month period 2026 was $82,325 thousand against $79,064 thousand in the prior-year period, an increase of $3.3 million. The filing indicates an effective tax rate of approximately 25.4 percent for the first half of 2026 compared to approximately 24.2 percent for the first half of 2025, suggesting a potential increase in the company's tax rate year-over-year.

Interest and Non-Operating Expense Trends

Interest and other non-operating expenses, net, increased to $14,273 thousand in the second quarter of 2026 from $12,219 thousand in the second quarter of 2025, representing an increase of approximately $2.1 million or 17.0 percent. For the six-month period, interest and other non-operating expenses, net totaled $26,639 thousand in 2026 compared to $23,381 thousand in 2025, an increase of $3.3 million or 14.1 percent. These increases suggest that the company's debt service costs or other financing expenses rose during the period, which investors may attribute to higher interest rates or changes in the company's capital structure.

The disclosure of increased non-operating expenses is relevant to investors assessing the company's overall profitability and return on equity. The filing indicates that Pool Corporation's financing costs are growing, which may reflect the interest rate environment and the company's use of debt financing. Investors monitoring the company's capital efficiency and debt levels would note this trend as a factor that may impact future earnings if interest rate conditions persist or the company increases its leverage.

Equity in Earnings of Unconsolidated Investments

The filing reports that equity in earnings of unconsolidated investments, net, was $28 thousand in the second quarter of 2026 compared to a loss of $13 thousand in the second quarter of 2025. For the six-month period, equity in earnings totaled a loss of $7 thousand in 2026 compared to earnings of $41 thousand in 2025. These figures represent relatively immaterial amounts to overall net income, but they indicate that Pool Corporation maintains some investments in unconsolidated entities that contributed modestly to results or detracted from them during the periods presented.

The disclosure of these equity earnings or losses provides transparency to investors regarding the company's non-consolidated investments and joint ventures. The minor contributions suggest that such investments are not a material component of the company's earnings profile, though investors monitoring the company's strategic investments and partnerships may track these figures for signs of significant changes in investment performance or structure.

Capitalization and Outstanding Share Count

As of July 23, 2026, Pool Corporation had 36,340,747 shares of common stock outstanding, according to the disclosure in the filing. The company's common stock trades on the Nasdaq Global Select Market under the ticker symbol POOL. The filing indicates that Pool Corporation is classified as a large accelerated filer under Securities and Exchange Commission rules, reflecting the size and public float of the company. The registration statement identifies the company as incorporated in Delaware with an Internal Revenue Service Employer Identification Number of 36-3943363.

The outstanding share count represents the basis for any per-share calculations investors may perform using the reported earnings and financial metrics. The filing's confirmation of 36.3 million shares outstanding as of mid-July 2026 provides investors with the denominator needed to calculate earnings per share and other per-share metrics. The company's status as a large accelerated filer indicates that Pool Corporation meets regulatory thresholds for disclosure and internal control requirements that typically apply to large-capitalization public companies.

Balance Sheet and Financial Position

The disclosure includes consolidated balance sheets for Pool Corporation as of June 30, 2026 and December 31, 2025, though the specific balance sheet line items and totals are referenced in the table of contents but detailed figures require review of the full filing document. The filing indicates that Pool Corporation maintains amended and restated credit agreements that include revolving credit facilities, term facilities, and other secured and unsecured debt instruments. The company's capital structure and liquidity position are disclosed in the detailed financial statements accompanying the quarterly report.

Investors seeking to assess Pool Corporation's financial leverage, working capital position, and asset composition would examine the consolidated balance sheet data provided in the full filing. The disclosure of multiple debt facilities, including receivables securitization arrangements and interest rate swap agreements, indicates that the company actively manages its financing and interest rate exposure. The filing's consolidated statements of changes in stockholders' equity provide detail on retained earnings, accumulated other comprehensive income, and the company's capital management during the six-month period.

Cash Flow and Liquidity Considerations

The filing includes condensed consolidated statements of cash flows for the six-month periods ended June 30, 2026 and 2025, which provide investors with information regarding the company's operating, investing, and financing activities during the period. The specific cash flow figures are referenced in the table of contents, indicating that the company discloses the sources and uses of cash during the first half of 2026. Cash flow analysis is relevant to investors assessing the company's ability to fund operations, capital expenditures, debt service, and shareholder distributions.

Pool Corporation's liquidity position and cash generation capabilities are important indicators of financial health and strategic flexibility. The filing's cash flow statements enable investors to evaluate whether the company is generating sufficient cash from operations to support its business activities and debt obligations. The disclosure of cash flows from investing activities provides insight into the company's capital allocation priorities, while financing activities disclose the company's use of debt and equity markets to fund operations and growth initiatives.

Comprehensive Income and Other Items

The filing includes consolidated statements of comprehensive income for the three-month and six-month periods ended June 30, 2026 and 2025. Comprehensive income encompasses net income plus accumulated other comprehensive income adjustments, which may include items such as foreign currency translation adjustments, unrealized gains or losses on available-for-sale securities, and changes in fair value of derivative instruments used for hedging purposes. The disclosure of comprehensive income provides investors with a more complete picture of the company's economic performance beyond traditional net income measures.

Pool Corporation's accumulated other comprehensive income items, referenced in the filing's table of contents and data tags, are relevant to investors assessing the company's exposure to foreign exchange fluctuations and interest rate risks. The filing indicates that the company maintains interest rate swap agreements, which generate fair value gains or losses recorded in other comprehensive income or earnings depending on the accounting designation of each hedge. Investors interested in the company's total shareholder return performance would consider both net income and comprehensive income in evaluating the company's overall financial results.

Regulatory Status and Disclosure Compliance

Pool Corporation confirms in the filing that it has filed all reports required under the Securities Exchange Act of 1934 during the preceding 12 months and has been subject to such filing requirements for the past 90 days. The company indicates that it has submitted all required Interactive Data Files in accordance with Securities and Exchange Commission Regulation S-T. The filing identifies Pool Corporation as a large accelerated filer and confirms that the company is not a shell company or an emerging growth company.

The disclosure of regulatory compliance status provides investors with assurance that Pool Corporation meets applicable reporting requirements and maintains appropriate internal control infrastructure. The company's classification as a large accelerated filer indicates that it is subject to enhanced disclosure requirements and auditor attestation requirements regarding the effectiveness of internal controls over financial reporting. Investors relying on the company's financial disclosures may have increased confidence in the reliability of reported figures given the comprehensive audit and disclosure regime applicable to large accelerated filers.