10-Q quarterly report · filed Nov 5, 2025

Latham Group, Inc. (SWIM) Q3 2025 10-Q Quarterly Report

Short answer

Latham Group, Inc. (SWIM) filed its Q3 2025 10-Q quarterly report on Nov 5, 2025 for the quarter ended Sep 27, 2025. Quarterly revenue was $162M (up 7.6% year over year) with net income of $8M.

Q3 2025 key financials · XBRL

Revenue
$162M
+7.6% YoY · −6.2% QoQ
Net income
$8M
+37.7% YoY · −49.2% QoQ
Operating margin
13.3%
Gross margin
35.4%
EPS (diluted)
$0.07
+40.0% YoY · −46.2% QoQ

Source: XBRL data from the Latham Group, Inc. (SWIM) Q3 2025 10-Q on SEC EDGAR. USD.

Latham Group, Inc. Q3 2025 10-Q analysis

AI summary of MD&A and risk factor updates

Management Discussion & Analysis

  • Quarterly revenue $161.9M, up 7.6% from $150.5M YoY
  • Gross margin 35.4% vs 32.4%; net margin 5.0% vs 3.9%
  • Covers strongest product line, up $7.1M; in-ground pools weakest, up $0.6M
  • Adjusted EBITDA $38.3M, margin 23.7% vs 19.8%
  • 2025 pool starts projected flat to slightly down; tariff mitigation via targeted price increases

Risk Factors

  • No new risk factors; company reported no material changes from the Annual Report
  • Competitive and rapidly changing environment, with new risks emerging over time
  • Unknown or currently immaterial risks may materially adversely affect results
  • Future acquisitions, mergers, dispositions, joint ventures, or investments could introduce additional risks

Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K

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