SWIM Q1 2025 Earnings — Latham Group, Inc. Revenue & Financial Results | Market Cap Arena

SWIMLatham Group, Inc.

$746M

Q1 2025 Earnings

Industrials Construction

Income Statement

Revenue

$111M+0.7% YoY

Gross Profit

$33M29.5% margin

Operating Income

-$5M-4.4% margin

Net Income

-$6M-5.4% margin

EPS (Diluted)

$-0.05

QoQ Revenue Growth

+27.7%

Cash Flow

Operating Cash Flow

-$47M

Free Cash Flow

-$50M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$825M

Total Liabilities

$443M

Stockholders' Equity

$381M

Cash & Equivalents

$24M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$111M	$111M	+0.7%
Gross Profit	$33M	$31M	+7.5%
Operating Income	-$5M	-$2M	-137.9%
Net Income	-$6M	-$8M	+24.2%

Revenue Segments

In-Ground Swimming Pools

$58M52%

Covers

$32M28%

Liners

$22M20%