Hayward Holdings Reports 11.5% Increase in Net Sales to $255.2 Million in Q1 2026

Hayward Holdings, Inc. reported a significant increase in financial performance for the first quarter of 2026, with net sales rising to $255.2 million, an 11.5% increase from $228.8 million in the same period last year. The company's gross profit also saw a notable rise, reaching $118.7 million, up 12.8% from $105.3 million. Operating income increased to $42.5 million, compared to $33.5 million in the prior year, while net income surged to $23.4 million, a 63% increase from $14.3 million. This growth translated to earnings per share of $0.11, up from $0.07 in the previous year.

The company's financial results reflect several strategic developments, including a focus on price adjustments to offset inflation and tariffs, which contributed to the increase in net sales. The residential pool segment, which accounted for the majority of sales, reported a 10.3% increase in net pricing, while volume growth contributed an additional 1.0%. The North American segment, which represents 82% of total sales, reported net sales of $209.8 million, up 12.1% from the previous year. The Europe & Rest of World segment also experienced growth, with sales increasing by 8.7% to $45.4 million.

Operationally, Hayward Holdings has maintained a strong market presence, with an estimated 33% share of the North American residential pool market. The company continues to invest in research and development, with expenses rising to $6.8 million, reflecting a commitment to new product development. The total employee headcount remained stable, supporting ongoing operations across its seven manufacturing facilities located in the U.S., Spain, and China.

Despite the positive financial results, the company faced challenges, including a significant increase in cash used in operating activities, which rose to $150.6 million from $5.9 million in the prior year. This increase was primarily due to higher accounts receivable, as there were no sales under the Receivables Purchase Agreement during the current period. Additionally, cash and cash equivalents decreased to $135.8 million, down from $329.6 million at the end of 2025, reflecting seasonal cash flow patterns.

Looking ahead, Hayward Holdings remains optimistic about its growth trajectory, driven by strong demand in the residential pool market and ongoing product innovation. The company anticipates that its strategic initiatives, including potential acquisitions and continued investment in technology, will further enhance its market position. However, it also acknowledges the potential impact of geopolitical events and trade restrictions on its operations and financial performance.