NASDAQ$SWIM
Latham group Inc. · Q2 2025 earnings
Q2 2025 earnings · · After market close · Investor relations
Briefing
Latham Group Inc. reported Q2 2025 net sales of $172.6 million and net income of $16.0 million.
Latham Group Inc. achieved 7.8% year-over-year revenue growth in Q2 2025 driven by volume increases in covers and liners. Gross margin expanded 4.0 percentage points to 37.1% due to production efficiencies and acquisition contributions. Net income rose 20.3% to $16.0 million with a net income margin of 9.3%.
- Net sales increased 7.8% to $172.6 million, led by $11.7 million growth in covers.
- Gross profit rose 20.6% to $64.0 million, expanding gross margin to 37.1%.
- Net income grew 20.3% to $16.0 million, achieving a 9.3% net income margin.
- Adjusted EBITDA increased 15.7% to $39.9 million with margin improving to 23.1%.
Headline financials
Revenue & EPS history
Latham · Revenue · Quarterly
$173M
Revenue by segment
Latham · $173M total across 3 segments · Q2 2025
- In-ground Swimming Pools$78.6M—45.5%
- Liners$56.8M—32.9%
- Covers$37.2M—21.6%
Forward guidance
Company projects 2025 new pool starts roughly in line with 2024 levels amid cautious market conditions.
Tailwinds
- Category share gains in autocovers
- Margin benefit from Coverstar acquisitions
Headwinds
- Challenging market conditions for new pool starts
- Potential tariff and macroeconomic impacts
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 18 quarterly earnings reports
+9.7%
Avg return
Earnings day
+6.5%
Avg return
5 days after
+4.6%
Avg return
30 days after
60%
12 / 20 earnings
Positive
+36.8%
Q4 2024
Best reaction
-22.4%
Q2 2021
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q2 2025 | — | — | — | |
| Q1 2026 | -0.9% | -8.4% | — | |
| Q4 2025 | +11.8% | -2.0% | -19.4% | |
| Q3 2025 | -3.5% | -6.5% | -1.7% | |
| Q1 2025 | +0.0% | +11.7% | -1.7% | |
| Q4 2024 | +36.8% | +29.1% | +0.0% | |
| Q3 2024 | -8.9% | -8.5% | +0.6% | |
| Q2 2024 | +35.8% | +63.8% | +77.7% | |
| Q1 2024 | +25.4% | +25.4% | +29.2% | |
| Q4 2023 | -6.7% | -13.0% | +4.5% | |
| Q3 2023 | -3.5% | -9.8% | +0.8% | |
| Q2 2023 | +13.9% | +10.0% | -14.7% | |
| Q1 2023 | +27.0% | +30.1% | +38.3% | |
| Q4 2022 | +20.5% | -6.0% | -24.1% | |
| Q3 2022 | +6.9% | -19.3% | -15.7% | |
| Q2 2022 | +21.3% | +27.2% | -11.2% | |
| Q1 2022 | +11.0% | +8.2% | -2.1% | |
| Q4 2021 | +2.6% | -6.6% | -11.4% | |
| Q3 2021 | +31.6% | +36.3% | +52.2% | |
| Q2 2021 | -22.4% | -23.6% | -15.9% | |
| Q1 2021 | -5.6% | -9.0% | +1.6% | |
| Q4 2020 | — | — | — | |
| Q3 2020 | — | — | — | |
| Q2 2020 | — | — | — | |
| Q1 2020 | — | — | — |
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