Latham Group, Inc.SWIMEarnings & Financial Report
Latham & Watkins LLP is an American multinational law firm. Founded in 1934 in Los Angeles, California, it is known for its litigation, corporate, and regulatory law practices.
SWIM Q4 FY2025 Key Financial Metrics
Revenue
$100.0M
Gross Profit
$27.9M
Operating Profit
$-10.7M
Net Profit
$-7.0M
Gross Margin
28.0%
Operating Margin
-10.7%
Net Margin
-7.0%
YoY Growth
14.5%
EPS
$-0.06
Latham Group, Inc. Q4 FY2025 Financial Summary
Latham Group, Inc. reported revenue of $100.0M (up 14.5% YoY) for Q4 FY2025, with a net profit of $-7.0M (up 76.0% YoY) (-7.0% margin). Cost of goods sold was $72.0M, operating expenses totaled $38.7M.
Key Financial Metrics
| Total Revenue | $100.0M |
|---|---|
| Net Profit | $-7.0M |
| Gross Margin | 28.0% |
| Operating Margin | -10.7% |
| Report Period | Q4 FY2025 |
Revenue Breakdown
Latham Group, Inc. Q4 FY2025 revenue of $100.0M breaks down across 3 segments, led by In Ground Swimming Pools at $50.2M (50.3% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| In Ground Swimming Pools | $50.2M | 50.3% |
| Covers | $37.0M | 37.0% |
| Liners | $12.7M | 12.7% |
Latham Group, Inc. Revenue by Segment — Quarterly Trend
Latham Group, Inc. revenue by segment across the last 4 reported quarters, showing how each business line (such as In Ground Swimming Pools and Covers) has evolved quarter over quarter.
| Segment | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 | Q1 FY2025 |
|---|---|---|---|---|
| In Ground Swimming Pools | $50.2M | $75.4M | $78.6M | $57.7M |
| Covers | $37.0M | $54.9M | $37.2M | $31.6M |
| Liners | $12.7M | $31.6M | $56.8M | $22.1M |
Latham Group, Inc. Annual Revenue by Year
Latham Group, Inc. annual revenue history includes year-by-year totals (for example, 2025 revenue was $545.9M).
Latham Group, Inc. Quarterly Revenue & Net Profit History
Latham Group, Inc. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q4 FY2025 | $100.0M | +14.5% | $-7.0M | -7.0% |
| Q3 FY2025 | $161.9M | +7.6% | $8.1M | 5.0% |
| Q2 FY2025 | $172.6M | +7.8% | $16.0M | 9.3% |
| Q1 FY2025 | $111.4M | +0.7% | $-6.0M | -5.4% |
| Q4 FY2024 | $87.3M | — | $-29.2M | -33.4% |
| Q3 FY2024 | $150.5M | -6.4% | $5.9M | 3.9% |
| Q2 FY2024 | $160.1M | +16.3% | $13.3M | 8.3% |
| Q1 FY2024 | $110.6M | — | $-7.9M | -7.1% |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $110.6M | $160.1M | $150.5M | $87.3M | $111.4M | $172.6M | $161.9M | $100.0M |
| YoY Growth | N/A | 16.3% | -6.4% | N/A | 0.7% | 7.8% | 7.6% | 14.5% |
Balance Sheet
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $808.6M | $830.0M | $853.4M | $794.2M | $824.6M | $822.1M | $844.4M | $823.2M |
| Liabilities | $416.8M | $421.9M | $436.8M | $407.0M | $443.4M | $423.7M | $436.1M | $417.4M |
| Equity | $391.8M | $408.1M | $416.6M | $387.2M | $381.1M | $398.4M | $408.4M | $405.9M |
Cash Flow
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $-34.5M | $52.4M | $37.2M | $6.2M | $-46.9M | $36.0M | $51.0M | $23.3M |