Latham Group, Inc. Income Statement
SWIM / Materials|7 years of annual SEC 10-K data (FY2019-FY2025)
Line items include revenue, cost of goods sold, gross profit, operating expenses, interest, taxes, and net income with per-share data across 7 fiscal years. All figures from audited SEC 10-K filings.
At a glance
Revenue
$546M
FY2025
Gross Profit
$182M
33.4% gross margin
Operating Income
$31M
FY2025
Net Income
$11M
FY2025
Latham Group, Inc. reported $546M in revenue and $11M in net income for FY2025. Revenue has grown at a 9.4% compound annual rate over the past 6 years.
Based on SEC 10-K filings.
Key Data Points
- Altman Z-Score NaN (distress zone, below 1.23 threshold)
- Cash-backed earnings: Operating cash flow exceeds net income
Data sourced from SEC EDGAR filings. Not investment advice.
| Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|
| Revenue | $545.9M | $508.5M | $566.5M | $403.4M | $630.5M | $403.4M | $318.0M |
| Cost of Revenue | $363.8M | $354.8M | $413.5M | $260.6M | $426.3M | $260.6M | $219.8M |
| Gross Profit | $182.1M | $153.7M | $152.9M | $142.8M | $204.2M | $142.8M | $98.2M |
| SG&A Expense | $122.6M | $108.4M | $110.3M | $85.5M | $217.8M | $85.5M | $57.4M |
| Operating Income | $30.6M | $18.3M | $16.1M | $39.9M | -$36.2M | $39.9M | $25.1M |
| Interest Expense | - | - | $30.9M | $18.3M | $24.4M | $18.3M | - |
| Income Tax | $2.4M | $9.1M | -$7.7M | $6.8M | $8.8M | $6.8M | -$4.7M |
| Net Income | $11.1M | -$17.9M | -$2.4M | $16.0M | -$62.3M | $16.0M | $7.5M |
| EPS (Basic) | -$0.02 | -$0.05 | -$0.56 | $0.16 | $0.08 | $0.16 | $0.08 |
| EPS (Diluted) | -$0.02 | -$0.05 | -$0.56 | $0.16 | $0.08 | $0.16 | $0.08 |
| Shares Outstanding | 115.8M | 114.9M | 114.7M | 119.4M | 118.9M | 102.6M | 95.4M |
| Gross Margin | 33.4% | 30.2% | 27.0% | 35.4% | 32.4% | 35.4% | 30.9% |
| Operating Margin | 5.6% | 3.6% | 2.9% | 9.9% | -5.7% | 9.9% | 7.9% |
| Profit Margin | 2.0% | -3.5% | -0.4% | 4.0% | -9.9% | 4.0% | 2.4% |