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Side-by-side financial comparison of Latham Group, Inc. (SWIM) and ZK International Group Co., Ltd. (ZKIN). Click either name above to swap in a different company.

Latham Group, Inc. is the larger business by last-quarter revenue ($117.3M vs $108.2M, roughly 1.1× ZK International Group Co., Ltd.). ZK International Group Co., Ltd. runs the higher net margin — -2.6% vs -7.3%, a 4.7% gap on every dollar of revenue.

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.

ZK International Group Co., Ltd. is a China-based enterprise focused on the research, development, design, manufacturing and sale of high-quality stainless steel piping systems and fluid transport supporting products. Its offerings cater to construction, municipal infrastructure and residential engineering segments, with core markets spanning China and selected overseas regions.

SWIM vs ZKIN — Head-to-Head

Bigger by revenue
SWIM
SWIM
1.1× larger
SWIM
$117.3M
$108.2M
ZKIN
Higher net margin
ZKIN
ZKIN
4.7% more per $
ZKIN
-2.6%
-7.3%
SWIM

Income Statement — Q1 FY2026 vs Q4 FY2024

Metric
SWIM
SWIM
ZKIN
ZKIN
Revenue
$117.3M
$108.2M
Net Profit
$-8.5M
$-2.8M
Gross Margin
31.7%
6.1%
Operating Margin
-1.6%
Net Margin
-7.3%
-2.6%
Revenue YoY
5.3%
Net Profit YoY
-43.1%
EPS (diluted)
$-0.07
$-0.57

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
SWIM
SWIM
ZKIN
ZKIN
Q1 26
$117.3M
Q4 25
$100.0M
Q3 25
$161.9M
Q2 25
$172.6M
Q1 25
$111.4M
Q4 24
$87.3M
Q3 24
$150.5M
$108.2M
Q2 24
$160.1M
Net Profit
SWIM
SWIM
ZKIN
ZKIN
Q1 26
$-8.5M
Q4 25
$-7.0M
Q3 25
$8.1M
Q2 25
$16.0M
Q1 25
$-6.0M
Q4 24
$-29.2M
Q3 24
$5.9M
$-2.8M
Q2 24
$13.3M
Gross Margin
SWIM
SWIM
ZKIN
ZKIN
Q1 26
31.7%
Q4 25
28.0%
Q3 25
35.4%
Q2 25
37.1%
Q1 25
29.5%
Q4 24
24.6%
Q3 24
32.4%
6.1%
Q2 24
33.1%
Operating Margin
SWIM
SWIM
ZKIN
ZKIN
Q1 26
Q4 25
-10.7%
Q3 25
13.3%
Q2 25
14.3%
Q1 25
-4.4%
Q4 24
-14.9%
Q3 24
8.9%
-1.6%
Q2 24
12.5%
Net Margin
SWIM
SWIM
ZKIN
ZKIN
Q1 26
-7.3%
Q4 25
-7.0%
Q3 25
5.0%
Q2 25
9.3%
Q1 25
-5.4%
Q4 24
-33.4%
Q3 24
3.9%
-2.6%
Q2 24
8.3%
EPS (diluted)
SWIM
SWIM
ZKIN
ZKIN
Q1 26
$-0.07
Q4 25
$-0.06
Q3 25
$0.07
Q2 25
$0.13
Q1 25
$-0.05
Q4 24
$-0.24
Q3 24
$0.05
$-0.57
Q2 24
$0.11

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
SWIM
SWIM
ZKIN
ZKIN
Cash + ST InvestmentsLiquidity on hand
$4.1M
Total DebtLower is stronger
$3.3M
Stockholders' EquityBook value
$396.7M
$28.2M
Total Assets
$856.4M
$80.0M
Debt / EquityLower = less leverage
0.01×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
SWIM
SWIM
ZKIN
ZKIN
Q1 26
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
$4.1M
Q2 24
Total Debt
SWIM
SWIM
ZKIN
ZKIN
Q1 26
$3.3M
Q4 25
$279.8M
Q3 25
$281.1M
Q2 25
$281.5M
Q1 25
$306.9M
Q4 24
$281.5M
Q3 24
$282.8M
Q2 24
$282.4M
Stockholders' Equity
SWIM
SWIM
ZKIN
ZKIN
Q1 26
$396.7M
Q4 25
$405.9M
Q3 25
$408.4M
Q2 25
$398.4M
Q1 25
$381.1M
Q4 24
$387.2M
Q3 24
$416.6M
$28.2M
Q2 24
$408.1M
Total Assets
SWIM
SWIM
ZKIN
ZKIN
Q1 26
$856.4M
Q4 25
$823.2M
Q3 25
$844.4M
Q2 25
$822.1M
Q1 25
$824.6M
Q4 24
$794.2M
Q3 24
$853.4M
$80.0M
Q2 24
$830.0M
Debt / Equity
SWIM
SWIM
ZKIN
ZKIN
Q1 26
0.01×
Q4 25
0.69×
Q3 25
0.69×
Q2 25
0.71×
Q1 25
0.81×
Q4 24
0.73×
Q3 24
0.68×
Q2 24
0.69×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
SWIM
SWIM
ZKIN
ZKIN
Operating Cash FlowLast quarter
$-47.7M
$-6.9M
Free Cash FlowOCF − Capex
$-7.5M
FCF MarginFCF / Revenue
-6.9%
Capex IntensityCapex / Revenue
0.6%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
SWIM
SWIM
ZKIN
ZKIN
Q1 26
$-47.7M
Q4 25
$23.3M
Q3 25
$51.0M
Q2 25
$36.0M
Q1 25
$-46.9M
Q4 24
$6.2M
Q3 24
$37.2M
$-6.9M
Q2 24
$52.4M
Free Cash Flow
SWIM
SWIM
ZKIN
ZKIN
Q1 26
Q4 25
$14.1M
Q3 25
$45.2M
Q2 25
$29.1M
Q1 25
$-50.3M
Q4 24
$-98.0K
Q3 24
$33.2M
$-7.5M
Q2 24
$47.9M
FCF Margin
SWIM
SWIM
ZKIN
ZKIN
Q1 26
Q4 25
14.1%
Q3 25
27.9%
Q2 25
16.8%
Q1 25
-45.2%
Q4 24
-0.1%
Q3 24
22.1%
-6.9%
Q2 24
29.9%
Capex Intensity
SWIM
SWIM
ZKIN
ZKIN
Q1 26
Q4 25
9.2%
Q3 25
3.6%
Q2 25
4.0%
Q1 25
3.1%
Q4 24
7.2%
Q3 24
2.7%
0.6%
Q2 24
2.8%
Cash Conversion
SWIM
SWIM
ZKIN
ZKIN
Q1 26
Q4 25
Q3 25
6.29×
Q2 25
2.25×
Q1 25
Q4 24
Q3 24
6.32×
Q2 24
3.95×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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