Latham Group Inc (SWIM) financials
Latham Group revenue and earnings by year
Latham Group's revenue was $546 million in the fiscal year to December 31, 2025, up 7.4% from the year before. Net income was $11.1 million, 2.0% of revenue. Since the fiscal year to December 31, 2019, revenue has grown 9.4% a year on average.
Fiscal years, each labelled by the calendar year it ended in.
Income statement, the last 7 fiscal years
| Fiscal year to | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 |
|---|---|---|---|---|---|---|---|
| Revenue | 546 | 509 | 566 | 696 | 630 | 403 | 318 |
| Revenue growth | 7.4% | -10.2% | -18.6% | 10.4% | 56.3% | 26.9% | — |
| Gross profit | 182 | 154 | 153 | 216 | 204 | 143 | 98 |
| Gross margin | 33.4% | 30.2% | 27.0% | 31.1% | 32.4% | 35.4% | 30.9% |
| Operating income | 31 | 18 | 16 | 30 | -36 | 40 | 25 |
| Operating margin | 5.6% | 3.6% | 2.8% | 4.3% | -5.7% | 9.9% | 7.9% |
| Net income | 11 | -18 | -2 | -6 | -62 | 16 | 7 |
| Net margin | 2.0% | -3.5% | -0.4% | -0.8% | -9.9% | 4.0% | 2.3% |
| Diluted EPS | $0.09 | -$0.15 | -$0.02 | -$0.05 | -$0.56 | $0.18 | — |
| Free cash flow | 26 | 41 | 83 | -7 | 9 | 47 | 29 |
Diluted EPS is stated in today's shares (adjusted for every split since). Quarterly statements and the income statement as a flow chart are in the app: open SWIM in Markets.
How Latham Group makes money
Revenue by segment in the quarter to June 27, 2026, as the company reports it.
| Segment | Revenue | Share |
|---|---|---|
| In Ground Swimming Pools | $96.3M | 48.8% |
| Liners | $60.2M | 30.5% |
| Covers | $41.0M | 20.8% |
See also: SWIM valuation and P/E history · SWIM returns
No forecast, no recommendation. This page describes Latham Group Inc from published data; it is not advice to buy, sell or hold any security.
Figures as of the close on Oct 30, 2026 unless a row says otherwise. Prices are split adjusted; returns include dividends reinvested. Data may be delayed. See the disclaimer and how TrendArc works.