Latham Group, Inc.
SWIM- Exchange
- Nasdaq
- Industry
- Plastics Products, NEC
- SEC CIK
- 0001833197
No open-market purchases or sales by Latham Group, Inc. insiders were filed in the last 90 days; 134 institutions reported holding it in 13F filings for Q2 2026, worth $704.9M in total; no superinvestor holds it.
- Currency
- USD
- Source
- SEC XBRL data (10-K, 10-Q, 20-F, 40-F)
- Updated
- Nov 5, 2026, 12:23 AM ET
Revenue flow, FY2025
Where the revenue went in FY2025, from the income statement below. Green is profit; orange is costs, expenses and taxes. Percentages are shares of revenue; hover over a band or a bar for the exact amount.
Income statement
Each column is one fiscal year, newest first.
| Line item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Period end | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 |
| Filing | 10-K | 10-K | 10-K | 10-K | 10-K |
| Reported | Mar 3, 2026 | Mar 4, 2025 | Mar 12, 2024 | Jan 19, 2023 | Mar 10, 2022 |
| Revenue | $545.9M | $508.5M | $566.5M | $695.7M | $630.5M |
| Cost of revenue | $363.8M | $354.8M | $413.5M | $479.3M | $426.3M |
| Gross profit | $182.1M | $153.7M | $152.9M | $216.5M | $204.2M |
| Selling, general and administrative | $122.6M | $108.4M | $110.3M | $146.8M | $217.8M |
| Operating income | $30.6M | $18.3M | $16.1M | $30.0M | -$36.2M |
| Interest expense | – | – | $30.9M | $15.8M | – |
| Income tax | $2.36M | $9.12M | -$7.67M | $19.4M | $8.82M |
| Net income | $11.1M | -$17.9M | -$2.39M | -$5.69M | -$62.3M |
| EPS, basic | $0.10 | $-0.15 | $-0.02 | $-0.05 | $-0.56 |
| EPS, diluted | $0.09 | $-0.15 | $-0.02 | $-0.05 | $-0.56 |
| Weighted shares, basic | 116.4M | 115.4M | 112.9M | 113.2M | 110.6M |
| Weighted shares, diluted | 119.8M | 115.4M | 112.9M | 113.2M | 110.6M |
| Margins and growth | |||||
| Gross margin | 33.4% | 30.2% | 27.0% | 31.1% | 32.4% |
| Operating margin | 5.6% | 3.6% | 2.8% | 4.3% | -5.7% |
| Net margin | 2.0% | -3.5% | -0.4% | -0.8% | -9.9% |
| Revenue growth, year over year | +7.4% | −10.2% | −18.6% | +10.4% | – |
Balance sheet
Each column is one fiscal year, newest first.
| Line item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Period end | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 |
| Filing | 10-K | 10-K | 10-K | 10-K | 10-K |
| Reported | Mar 3, 2026 | Mar 4, 2025 | Mar 12, 2024 | Jan 19, 2023 | Mar 10, 2022 |
| Cash and equivalents | $71.0M | $56.4M | $102.8M | $32.6M | $44.0M |
| Accounts receivable | $39.9M | $32.3M | $30.4M | $48.8M | $60.8M |
| Inventory | $74.9M | $77.1M | $97.1M | $165.2M | $109.6M |
| Total current assets | $219.0M | $178.3M | $238.6M | $255.0M | $229.1M |
| Property, plant and equipment | $118.8M | $112.8M | $113.0M | $98.2M | $63.5M |
| Goodwill | $155.2M | $152.6M | $131.4M | $131.4M | $128.9M |
| Intangible assets | $268.1M | $292.9M | $282.8M | $309.2M | $338.3M |
| Total assets | $823.2M | $794.2M | $835.0M | $869.7M | $794.5M |
| Accounts payable | $19.3M | – | – | $25.4M | $38.0M |
| Short-term debt | $3.25M | $3.25M | $21.3M | $3.25M | $17.2M |
| Total current liabilities | $79.1M | $71.0M | $86.2M | $86.9M | $115.2M |
| Long-term debt | $276.6M | $278.3M | $280.0M | $309.6M | – |
| Total liabilities | $417.4M | $407.0M | $435.8M | $486.9M | $440.8M |
| Shareholders' equity | $405.9M | $387.2M | $399.2M | $382.8M | $353.6M |
Cash flow statement
Each column is one fiscal year, newest first. Free cash flow is operating cash flow minus capital expenditures.
| Line item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Period end | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 |
| Filing | 10-K | 10-K | 10-K | 10-K | 10-K |
| Reported | Mar 3, 2026 | Mar 4, 2025 | Mar 12, 2024 | Jan 19, 2023 | Mar 10, 2022 |
| Operating cash flow | $63.4M | $61.3M | $116.4M | $32.3M | $33.7M |
| Capital expenditures | $25.4M | $20.1M | $33.2M | $39.7M | $25.0M |
| Free cash flow | $38.0M | $41.2M | $83.2M | -$7.38M | $8.71M |
| Depreciation and amortization | $51.4M | $44.4M | $40.8M | $38.2M | $32.2M |
| Stock-based compensation | $9.25M | $7.39M | $18.8M | $50.6M | $128.8M |
| Share buybacks | – | $0 | – | $280.7M | $281.6M |
| Investing cash flow | -$42.3M | -$84.6M | -$31.7M | -$45.0M | -$108.2M |
| Financing cash flow | -$6.97M | -$22.0M | -$13.9M | $3.77M | $60.0M |
| Net change in cash | $14.6M | -$46.4M | $70.1M | -$11.3M | -$15.4M |
| Ratio | |||||
| Stock-based compensation, % of revenue | 1.7% | 1.5% | 3.3% | 7.3% | 20.4% |
Shares outstanding
Common shares outstanding as stated on the cover of each 10-K and 10-Q. The date is the cover date, not the period end; a rising count means dilution.
| Cover date | Shares outstanding | Change in a year | Filing |
|---|---|---|---|
| Oct 30, 2026 | 117.8M | +0.9% | SEC |
| Jul 31, 2026 | 117.6M | +0.9% | SEC |
| May 1, 2026 | 117.4M | +0.9% | SEC |
| Feb 27, 2026 | 116.8M | +0.9% | SEC |
| Oct 31, 2025 | 116.7M | +0.9% | SEC |
| Aug 1, 2025 | 116.5M | +0.8% | SEC |
| May 2, 2025 | 116.4M | +0.7% | SEC |
| Feb 28, 2025 | 115.8M | +0.3% | SEC |
Notes and known gaps
How these numbers are put together, and what they can't tell you.
- Numbers come from the XBRL data in each period's original 10-K, 10-Q, 20-F or 40-F, or its amendment. They are shown as filed: later filings don't restate earlier periods here.
- Reported is the filing date of the first 8-K with Item 2.02 (results of operations) after the period ended, no later than the 10-Q or 10-K and within 120 days. Companies that release results only in the 10-Q, and foreign companies, which use Form 6-K, have none.
Known gaps
- Foreign companies that file Form 20-F or 40-F have annual statements only: their quarterly results are furnished on Form 6-K, which has no XBRL data.
- EPS and share counts are as reported at the time, not adjusted for later stock splits.
- For ADRs, EPS is per ordinary share, not per ADS (one TSMC ADS is five ordinary shares).
- For banks, revenue may be interest income only, depending on how the bank tags its filings; cost of revenue and gross profit are usually blank.
- Companies with several share classes, such as Berkshire Hathaway, may have no EPS and no cover share count.
- Depreciation and amortization is missing for some companies that report it under their own XBRL tags.