Hayward Holdings Reports 5.3% Increase in Q2 2025 Net Sales to $299.6 Million

Hayward Holdings, Inc. reported a notable increase in financial performance for the second quarter of 2025, with net sales reaching $299.6 million, a 5.3% rise from $284.4 million in the same period last year. For the first half of 2025, net sales totaled $528.4 million, up 6.3% from $497.0 million in the prior year. The company's gross profit also improved, increasing to $157.8 million for the quarter, reflecting an 8.8% increase compared to $145.1 million in the previous year. The gross profit margin rose to 52.7%, up from 51.0%, driven by positive pricing strategies and operational efficiencies.

In terms of profitability, Hayward's operating income for the second quarter was $71.4 million, a 4.9% increase from $68.0 million in the prior year. Net income for the quarter was $44.8 million, compared to $37.6 million in the same period last year, resulting in a net income margin of 15.0%, up from 13.2%. The company’s effective tax rate increased to 24.6% from 19.9% due to adjustments in the prior-year period. For the first half of 2025, net income was $59.1 million, up from $47.4 million in the same period last year.

Strategically, Hayward completed the acquisition of ChlorKing HoldCo, LLC, which enhances its portfolio in the commercial pool segment. The acquisition, finalized in June 2024, was funded with cash on hand and is expected to contribute positively to future revenues. The company incurred $1.6 million in acquisition-related expenses during the second quarter, reflecting ongoing integration efforts. Additionally, Hayward has been focusing on expanding its product offerings, particularly in energy-efficient technologies, which aligns with market trends favoring sustainability.

Operationally, Hayward's North America segment accounted for 85% of total net sales, with net sales increasing to $255.2 million for the second quarter, up 5.8% year-over-year. The Europe & Rest of World segment saw a smaller increase, with net sales of $44.4 million, up 2.7%. The company reported a total employee headcount of approximately 3,000, reflecting its commitment to maintaining a robust workforce to support growth initiatives. The company also reported a significant increase in cash and cash equivalents, totaling $365.1 million as of June 28, 2025, compared to $196.6 million at the end of 2024.

Looking ahead, Hayward Holdings remains optimistic about its growth trajectory, driven by strong demand in the residential pool market and ongoing investments in product innovation. The company anticipates that its strategic initiatives, including the integration of ChlorKing and enhancements to its product lines, will continue to bolster its market position. However, it also acknowledges potential challenges from geopolitical uncertainties and inflationary pressures that could impact future performance.