SWIM on Nasdaq
Latham Group, Inc.
In its 2026 annual report the company says: “We are the largest designer, manufacturer, and marketer of in-ground residential swimming pools in North America, Australia, and New Zealand. It is our view that we are the most sought-after brand in the pool industry. Through this marketing strategy, we are able to create demand for our pools and to provide high quality, purchase-ready consumer leads to our dealer partners.”5 It is headquartered in Denver, United States.2
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Last updated Oct 21, 2026.
Overview
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- TickerSWIM on Nasdaq2
- IndustryPlastics Products, NEC2
- HeadquartersDenver, United States2
- Incorporated inNY3
- Business address787 Watervliet Shaker Road, Latham, Ny 121103
- Filer category, Emerging growth company3
- Legal formLimited Liability Company2
- LEI254900VNOMVG7FIGPM372
- StatusActive2
- LEI statusIssued and current2
- Registered addressC/O TD CORPORATE SERVICES LLC, 45241 Cincinnati, United States2
- Registered withCorporation Database (Ohio Secretary of State), 51028832
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We are the largest designer, manufacturer, and marketer of in-ground residential swimming pools in North America, Australia, and New Zealand. We hold the leading position in North America in every product category in which we compete. It is our view that we are the most sought-after brand in the pool industry. We are Latham, The Pool Company TM .5 From its latest annual report
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2025
33.4%Gross margin6
5.6%Operating margin6
2.0%Net margin6
7.4%Revenue growth, 20256
2.7%Return on equity6
0.68×Debt to equity6
$38.0MFree cash flow6
What sells
Revenue by product, business segment and region, as the company reports it to the SEC.
Products and services
In-Ground Swimming Pools brought in 48% of the revenue Latham Group, Inc. broke down this way in fiscal 2025.
Products and services by year
| Products and services | 2023 | 2024 | 2025 |
|---|---|---|---|
| In-Ground Swimming Pools | $297.8M | $259.2M | $262.0M |
| Covers | $140.9M | $131.3M | $160.8M |
| Liners | $127.7M | $118.0M | $123.2M |
Regions
United States brought in 85% of the revenue Latham Group, Inc. broke down this way in fiscal 2025.
Regions by year
| Regions | 2023 | 2024 | 2025 |
|---|---|---|---|
| United States | $475.0M | $429.3M | $462.1M |
| CA [member] | $58.4M | $48.1M | $50.1M |
| AUMember | $22.5M | $21.5M | $21.8M |
| NZ | $6.0M | $5.7M | $6.3M |
| Other Geographic Areas | $4.5M | $3.9M | $5.7M |
Where the money goes
Where each dollar of revenue went, fiscal 2025
- Cost of revenue67¢$363.8M
- Selling, general and admin22¢$122.6M
- Other costs8¢$46.0M
- Income tax0¢$2.4M
- Profit2¢$11.1M
Out of $545.9M in revenue.6
Where each dollar of operating cash went, fiscal 2025
- Capital spending40¢$25.4M
- Kept or used elsewhere60¢$38.0M
Out of $63.4M of cash from operations.6
Financial statements
Every line of the income statement as filed: the last 3 fiscal years, latest first.6
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Net sales | $545.9M | $508.5M | $566.5M |
| Cost of sales | $363.8M | $354.8M | $413.5M |
| Gross profit | $182.1M | $153.7M | $152.9M |
| Selling, general, and administrative expense | $122.6M | $108.4M | $110.3M |
| Amortization | $28.9M | $27.1M | $26.5M |
| Income from operations | $30.6M | $18.3M | $16.1M |
| Interest expense, net | $25.8M | $24.8M | $30.9M |
| Other (income) expense, net | -$3.5M | $6.2M | -$1.0M |
| Total other expense, net | $22.3M | $31.1M | $29.9M |
| Earnings from equity method investment | $5.2M | $4.1M | $3.7M |
| Income (loss) before income taxes | $13.5M | -$8.7M | -$10.1M |
| Income tax expense (benefit) | $2.4M | $9.1M | -$7.7M |
| Net income (loss) | $11.1M | -$17.9M | -$2.4M |
| Basic (in usd per share) | $0.10 | -$0.15 | -$0.02 |
| Diluted (in usd per share) | $0.09 | -$0.15 | -$0.02 |
| Basic (in shares) | 116.4M shares | 115.4M shares | 112.9M shares |
| Diluted (in shares) | 119.8M shares | 115.4M shares | 112.9M shares |
No quarter-by-quarter statement was filed.
Every line of the balance sheet as filed: the last 4 fiscal years (annual) or 4 quarters (quarterly), latest first.6
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Cash | $71.0M | $56.4M | ||
| Trade receivables, net | $39.9M | $32.3M | ||
| Inventories, net | $74.9M | $77.1M | ||
| Income tax receivable | $12.2M | $4.0M | ||
| Prepaid expenses and other current assets | $20.9M | $8.5M | ||
| Total current assets | $219.0M | $178.3M | ||
| Property and equipment, net | $118.8M | $112.8M | ||
| Equity method investment | $26.5M | $24.9M | ||
| Deferred tax assets | $718.0K | $729.0K | ||
| Operating lease right-of-use assets | $30.7M | $28.3M | ||
| Goodwill | $155.2M | $152.6M | $131.4M | |
| Intangible assets, net | $268.1M | $292.9M | ||
| Other assets | $4.2M | $3.6M | ||
| Total assets | $823.2M | $794.2M | ||
| Accounts payable | $19.3M | $13.1M | ||
| Current maturities of long-term debt | $3.2M | $3.2M | ||
| Current operating lease liabilities | $7.6M | $7.2M | ||
| Accrued expenses and other current liabilities | $49.0M | $47.4M | ||
| Total current liabilities | $79.1M | $71.0M | ||
| Long-term debt, net of discount, debt issuance costs, and current portion | $276.6M | $278.3M | ||
| Deferred income tax liabilities, net | $34.3M | $32.3M | ||
| Non-current operating lease liabilities | $24.0M | $22.1M | ||
| Other long-term liabilities | $3.4M | $3.3M | ||
| Total liabilities | $417.4M | $407.0M | ||
| Preferred stock, $0.0001 par value; 100,000,000 shares authorized as of both December 31, 2024 and December 31, 2023; no shares issued and outstanding as of both December 31, 2024 and December 31, 2023 | $0 | $0 | ||
| Common stock, $0.0001 par value; 900,000,000 shares authorized as of December 31, 2024 and December 31, 2023; 115,764,839 and 114,871,782 shares issued and outstanding, as of December 31, 2024 and December 31, 2023, respectively | $12.0K | $12.0K | ||
| Additional paid-in capital | $473.4M | $467.1M | ||
| Accumulated deficit | -$63.7M | -$74.8M | ||
| Accumulated other comprehensive loss | -$3.9M | -$5.0M | ||
| Total stockholders equity | $405.9M | $387.2M | $399.2M | $382.8M |
| Total liabilities and stockholders equity | $823.2M | $794.2M | ||
| Preferred stock, par value (in usd per share) | $0.00 | $0.00 | ||
| Preferred stock, shares authorized (in shares) | 100.0M shares | 100.0M shares | ||
| Preferred stock, shares issued (in shares) | 0 shares | 0 shares | ||
| Preferred stock, shares outstanding (in shares) | 0 shares | 0 shares | ||
| Common stock, par value (in usd per share) | $0.00 | $0.00 | ||
| Common stock, shares authorized (in shares) | 900.0M shares | 900.0M shares | ||
| Common stock, shares issued (in shares) | 116.8M shares | 115.8M shares | ||
| Common stock, shares outstanding (in shares) | 116.8M shares | 115.8M shares |
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Cash | $71.0M | $56.4M | ||
| Trade receivables, net | $39.9M | $32.3M | ||
| Inventories, net | $74.9M | $77.1M | ||
| Income tax receivable | $12.2M | $4.0M | ||
| Prepaid expenses and other current assets | $20.9M | $8.5M | ||
| Total current assets | $219.0M | $178.3M | ||
| Property and equipment, net | $118.8M | $112.8M | ||
| Equity method investment | $26.5M | $24.9M | ||
| Deferred tax assets | $718.0K | $729.0K | ||
| Operating lease right-of-use assets | $30.7M | $28.3M | ||
| Goodwill | $155.2M | $152.6M | $131.4M | |
| Intangible assets, net | $268.1M | $292.9M | ||
| Other assets | $4.2M | $3.6M | ||
| Total assets | $823.2M | $794.2M | ||
| Accounts payable | $19.3M | $13.1M | ||
| Current maturities of long-term debt | $3.2M | $3.2M | ||
| Current operating lease liabilities | $7.6M | $7.2M | ||
| Accrued expenses and other current liabilities | $49.0M | $47.4M | ||
| Total current liabilities | $79.1M | $71.0M | ||
| Long-term debt, net of discount, debt issuance costs, and current portion | $276.6M | $278.3M | ||
| Deferred income tax liabilities, net | $34.3M | $32.3M | ||
| Non-current operating lease liabilities | $24.0M | $22.1M | ||
| Other long-term liabilities | $3.4M | $3.3M | ||
| Total liabilities | $417.4M | $407.0M | ||
| Preferred stock, $0.0001 par value; 100,000,000 shares authorized as of both December 31, 2024 and December 31, 2023; no shares issued and outstanding as of both December 31, 2024 and December 31, 2023 | $0 | $0 | ||
| Common stock, $0.0001 par value; 900,000,000 shares authorized as of December 31, 2024 and December 31, 2023; 115,764,839 and 114,871,782 shares issued and outstanding, as of December 31, 2024 and December 31, 2023, respectively | $12.0K | $12.0K | ||
| Additional paid-in capital | $473.4M | $467.1M | ||
| Accumulated deficit | -$63.7M | -$74.8M | ||
| Accumulated other comprehensive loss | -$3.9M | -$5.0M | ||
| Total stockholders equity | $405.9M | $387.2M | $399.2M | $382.8M |
| Total liabilities and stockholders equity | $823.2M | $794.2M | ||
| Preferred stock, par value (in usd per share) | $0.00 | $0.00 | ||
| Preferred stock, shares authorized (in shares) | 100.0M shares | 100.0M shares | ||
| Preferred stock, shares issued (in shares) | 0 shares | 0 shares | ||
| Preferred stock, shares outstanding (in shares) | 0 shares | 0 shares | ||
| Common stock, par value (in usd per share) | $0.00 | $0.00 | ||
| Common stock, shares authorized (in shares) | 900.0M shares | 900.0M shares | ||
| Common stock, shares issued (in shares) | 116.8M shares | 115.8M shares | ||
| Common stock, shares outstanding (in shares) | 116.8M shares | 115.8M shares |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow as filed: the last 3 fiscal years, latest first.6
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Net income (loss) | $11.1M | -$17.9M | -$2.4M |
| Depreciation and amortization | $51.4M | $44.4M | $40.8M |
| Gain on insurance proceeds received for capital | $0 | $0 | -$1.5M |
| Unrealized foreign currency (gains) loss | -$4.1M | $6.2M | -$110.0K |
| Amortization of deferred financing costs and debt discount | $1.7M | $1.7M | $1.7M |
| Non-cash lease expense | $7.5M | $7.1M | $7.7M |
| Change in fair value of interest rate swap | $717.0K | -$808.0K | $4.7M |
| Deferred income taxes | $2.4M | -$1.7M | -$9.7M |
| Stock-based compensation expense | $9.2M | $7.4M | $18.8M |
| Bad debt expense | $1.7M | $2.1M | $5.4M |
| Other non-cash, net | $651.0K | $1.1M | $16.0K |
| Earnings from equity method investment | -$5.2M | -$4.1M | -$3.7M |
| Distributions received from equity method investment | $3.6M | $5.1M | $2.9M |
| Provision on liability for uncertain tax positions | $0 | $0 | -$7.5M |
| Trade receivables | -$9.2M | -$2.4M | $13.0M |
| Inventories | $2.8M | $22.7M | $68.2M |
| Prepaid expenses and other current assets | -$1.6M | -$2.0M | -$1.3M |
| Income tax receivable | -$8.2M | -$3.0M | $1.3M |
| Other assets | -$244.0K | $1.3M | -$4.3M |
| Accounts payable | $5.8M | -$4.0M | -$8.5M |
| Accrued expenses and other current liabilities | -$6.1M | -$1.3M | -$11.9M |
| Other long-term liabilities | -$573.0K | -$711.0K | $2.8M |
| Net cash provided by operating activities | $63.4M | $61.3M | $116.4M |
| Purchases of property and equipment | -$25.4M | -$20.1M | -$33.2M |
| Deposit on property purchases | -$12.0M | $0 | $0 |
| Capital reimbursed from insurance proceeds | $0 | $0 | $1.5M |
| Acquisition of business, net of cash acquired | -$4.9M | -$64.5M | $0 |
| Net cash used in investing activities | -$42.3M | -$84.6M | -$31.7M |
| Payments on long-term debt borrowings | -$3.2M | -$21.2M | -$13.2M |
| Proceeds from borrowings on revolving credit facility | $25.0M | $0 | $48.0M |
| Payments on revolving credit facilities | -$25.0M | $0 | -$48.0M |
| Repayments of finance lease obligations | -$823.0K | -$771.0K | -$625.0K |
| Common stock withheld for taxes on restricted stock units | -$2.9M | $0 | $0 |
| Net cash used in financing activities | -$7.0M | -$22.0M | -$13.9M |
| Effect of exchange rate changes on cash | $507.0K | -$1.0M | -$631.0K |
| Net increase (decrease) in cash | $14.6M | -$46.4M | $70.1M |
| Cash paid for interest | $27.0M | $24.9M | $25.7M |
| Income taxes paid, net | $8.2M | $15.5M | $7.0M |
| Purchases of property and equipment included in accounts payable and accrued expenses | $1.1M | $510.0K | $955.0K |
| Right-of-use operating and finance lease assets obtained in exchange for lease liabilities | $10.4M | $5.4M | $6.2M |
No quarter-by-quarter statement was filed.
Corporate structure
Latham Group, Inc. sits at the top of its group. 16 entities, 5 countries on record. Switch between the flow chart and the network, and select any entity to see its details.
Major holders of Latham Group, Inc.
- Wellington Management Company Filed SCHEDULE 13G/A on Latham Group, Inc., latest Oct 6, 2026 (4 filings since Feb 10, 2026)
- WYNNCHURCH CAPITAL PARTNERS IV, L.P. Filed SCHEDULE 13G/A on Latham Group, Inc., latest May 20, 2026 (6 filings since Feb 14, 2022)
- Voss Capital, LP Filed SCHEDULE 13G/A on Latham Group, Inc., latest Nov 14, 2025 (2 filings since Apr 1, 2025)
- Pamplona Capital Partners V, L.P. Filed SC 13G/A on Latham Group, Inc., latest Feb 14, 2024 (4 filings since Feb 11, 2022)
- KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC Filed SC 13G/A on Latham Group, Inc., latest Feb 13, 2024 (3 filings since Feb 11, 2022)
- Latham Group, Inc. Denver, Colorado, United States
- 1 Latham International Holdings, Inc. Subsidiary · Delaware, United States
- 10 Narellan Innovations Unit Trust New South Subsidiary · United Kingdom
- 11 Narellan Innovations Pty Ltd New South Subsidiary · United Kingdom
- 12 Narellan Pools (NZ) Pty Ltd Subsidiary · New Zealand
- 13 GL International, LLC Subsidiary · Delaware, United States
- 14 Trojan Leisure Products, LLC Subsidiary · New York, United States
- 15 Coverstar Central, LLC. Subsidiary · Delaware, United States
- 2 Latham International Manufacturing Corp. Subsidiary · Delaware, United States
- 3 Latham Pool Products, Inc. Subsidiary · Delaware, United States
- 4 Pacific Pools Europe S.à r.l. Subsidiary · France
- 5 LPP US, LLC Subsidiary · Delaware, United States
- 6 Latham Pool Products ULC/Produits de Piscine Latham ULC Subsidiary · Canada
- 7 Narellan Group Pty Ltd New South Subsidiary · United Kingdom
- 8 Narellan Pools Pty Ltd New South Subsidiary · United Kingdom
- 9 Narellan Franchise Pty Ltd New South Subsidiary · United Kingdom
Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); subsidiaries listed in Exhibit 21 of annual reports filed with the SEC; major holders from Schedules 13D and 13G. Each entity in the chart links to its source.
What it owns
What Latham Group, Inc. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
Property and equipment
| Item | Latest | A year before | Change |
|---|---|---|---|
| Property and equipment, before depreciation | $203.0M6 Dec 31, 2025 | $174.7M6 Dec 31, 2024 | +16.2% |
| Accumulated depreciation | $84.2M6 Dec 31, 2025 | $61.9M6 Dec 31, 2024 | +36.0% |
| Property and equipment, net | $118.8M6 Dec 31, 2025 | $112.8M6 Dec 31, 2024 | +5.3% |
| Finance-lease assets | $2.7M6 Dec 31, 2025 | $3.3M6 Dec 31, 2024 | −16.8% |
| Operating-lease assets (leased space) | $30.7M6 Dec 31, 2025 | $28.3M6 Dec 31, 2024 | +8.7% |
Investments
| Item | Latest | A year before | Change |
|---|---|---|---|
| Stakes in other companies (equity method) | $26.5M6 Dec 31, 2025 | $24.9M6 Dec 31, 2024 | +6.4% |
Intangibles and goodwill
| Item | Latest | A year before | Change |
|---|---|---|---|
| Goodwill | $155.2M6 Dec 31, 2025 | $152.6M6 Dec 31, 2024 | +1.7% |
| Intangible assets, net (excluding goodwill) | $268.1M6 Dec 31, 2025 | $292.9M6 Dec 31, 2024 | −8.5% |
| Finite-lived intangibles, gross | $431.4M6 Dec 31, 2025 | $428.1M6 Dec 31, 2024 | +0.8% |
| Accumulated amortization | $163.2M6 Dec 31, 2025 | $134.2M6 Dec 31, 2024 | +21.5% |
| Finite-lived intangibles, net | $268.1M6 Dec 31, 2025 | $292.9M6 Dec 31, 2024 | −8.5% |
Inventory
| Item | Latest | A year before | Change |
|---|---|---|---|
| Inventory, total | $74.9M6 Dec 31, 2025 | $77.1M6 Dec 31, 2024 | −2.8% |
| Raw materials | $51.0M6 Dec 31, 2025 | $49.3M6 Dec 31, 2024 | +3.3% |
| Finished goods | $24.0M6 Dec 31, 2025 | $27.8M6 Dec 31, 2024 | −13.8% |
Properties, in its own words
As of December 31, 2025, we have approximately 30 locations across the United States, Canada, New Zealand and Australia, which are primarily for manufacturing, warehouse, storage and office space. Our headquarters is located in Latham, New York. We have a coast to coast network of nine fiberglass plants across continental North America and an additional three fiberglass plants in Australia and New Zealand. We lease most of these properties and/or own a portion of these properties.
We believe our facilities are adequate and suitable for our current needs.
Item 2 of the 10-K filed Mar 4, 2026.5
Leadership
Who has led Latham Group, Inc., and when. Pick a name to see everywhere that person has worked.
Chief executive
President
Chief financial officer
Chief operating officer
2025
- Chief executive officerSean Gadd Jan 12, 2026 to now13
- Chief executive officerScott Michael Rajeski Apr 22, 2021 to Jan 12, 202614
- PresidentSean Gadd Jan 12, 2026 to now13
- Chief financial officerOliver C. Gloe Mar 18, 2024 to now15
- Chief financial officerRobert L. Masson Ii. Jul 19, 2022 to Aug 8, 202216
- Chief financial officerJ. Mark Borseth Apr 22, 2021 to Jul 25, 202317
- Chief operating officerSanjeev Bahl Feb 2, 2022 to now18
- Chief operating officerJeff Arnold Leake Apr 22, 2021 to Apr 28, 202119
Board members and other officers (26)
- Chief Human Resources OfficerNikki Vaughan Maczko May 21, 2024 to now20
- Strategic AdvisorJ. Mark Borseth Feb 22, 2023 to Feb 22, 202321
- VICE PRESIDENT, FINANCEOliver C. Gloe Oct 31, 2023 to Oct 31, 202322
- Gen. Counsel & Chief Admin OffJason A. Duva Apr 22, 2021 to Mar 7, 202223
- Chief Commercial OfficerJoshua D. Cowley Apr 22, 2021 to now24
- Chief Information OfficerKaushal Bhikhesh Dhruv Apr 22, 2021 to now25
- Chief Human Resources OfficerMelissa Claire Feck Apr 22, 2021 to Aug 11, 202326
- Vice President & ControllerSuraj Kunchala Apr 22, 2021 to now27
- Board memberSean Gadd Jan 12, 2026 to now13
- Board memberJeffrey T. Jackson Aug 8, 2025 to now28
- Board memberFrank J. Dellaquila Oct 18, 2024 to now29
- Board memberDelu Jackson Apr 10, 2023 to now30
- Board memberKaushal Bhikhesh Dhruv Jan 12, 2022 to Mar 7, 202231
- Board memberDane L. Derbyshire Feb 25, 2022 to Feb 25, 202232
- Board memberPrivate Equity Carryco L.p. Pamplona V. May 4, 2022 to May 4, 202233
- Board memberAlex Hawkinson Apr 22, 2021 to May 4, 202334
- Board memberAlexander M. Knaster Apr 22, 2021 to May 4, 202235
- Board memberAndrew David Singer Apr 22, 2021 to Apr 22, 202136
- Board memberJames E. Cline Apr 22, 2021 to now37
- Board memberJohn C. Halsted Apr 22, 2021 to May 4, 202235
- Board memberJohn Hatherly Apr 22, 2021 to Jan 12, 202238
- Board memberMark Phillip Laven Apr 22, 2021 to now39
- Board memberScott Michael Rajeski Apr 22, 2021 to now14
- Board memberSuzan Morno-Wade Apr 22, 2021 to now40
- Board memberWilliam M. Pruellage Apr 22, 2021 to Apr 22, 202141
- General counselPatrick M. Sheller Aug 10, 2022 to now42
Subsidiaries and ownership
Subsidiaries (Exhibit 21)
- 1 Latham International Holdings, Inc. Delaware4
- 10 Narellan Innovations Unit Trust New South Wales4
- 11 Narellan Innovations Pty Ltd New South Wales4
- 12 Narellan Pools (NZ) Pty Ltd New Zealand4
- 13 GL International, LLC Delaware4
- 14 Trojan Leisure Products, LLC New York4
- 15 Coverstar Central, LLC. Delaware4
- 2 Latham International Manufacturing Corp. Delaware4
- 3 Latham Pool Products, Inc. Delaware4
- 4 Pacific Pools Europe S.à r.l. France4
- 5 LPP US, LLC Delaware4
- 6 Latham Pool Products ULC/Produits de Piscine Latham ULC Canada4
- 7 Narellan Group Pty Ltd New South Wales4
- 8 Narellan Pools Pty Ltd New South Wales4
- 9 Narellan Franchise Pty Ltd New South Wales4
The subsidiaries the company lists in Exhibit 21 of its annual report, as filed.
Former names
- Latham Topco, Inc.Dec 15, 2020 to Feb 12, 20213
Timeline
- Aug 21, 20268-K Entered a material agreement; New debt or obligation43
- Aug 4, 20268-K Results of operations44
- May 5, 20268-K Results of operations; Executive or director change; Shareholder vote45
- Mar 4, 20268-K Results of operations46
- Mar 3, 20268-K Results of operations47
- Jan 12, 2026New chief executive Sean Gadd becomes CEO13
- Dec 8, 20258-K Executive or director change; Regulation FD disclosure48
- Nov 4, 20258-K Results of operations49
- Aug 5, 20258-K Results of operations; Executive or director change; Regulation FD disclosure50
- May 6, 20258-K Results of operations; Executive or director change; Shareholder vote51
- Mar 4, 20258-K Results of operations52
- Nov 20, 20248-K Regulation FD disclosure53
- Nov 5, 20248-K Results of operations54
- Aug 28, 2023Founded Latham Group, Inc. is founded2
- Apr 22, 2021New chief executive Scott Michael Rajeski becomes CEO14
Calendar
Coming up
- Nov 3, 2026 · After the closeReports results for the quarter ending Sep/2026 A year earlier it reported $0.07 a share, on Nov 4, 2025.55
When it reported results
- Aug 4, 2026Reported quarterly or annual results44
- May 5, 2026Reported quarterly or annual results45
- Mar 4, 2026Reported quarterly or annual results46
- Mar 3, 2026Reported quarterly or annual results47
- Nov 4, 2025Reported quarterly or annual results49
- Aug 5, 2025Reported quarterly or annual results50
- May 6, 2025Reported quarterly or annual results51
- Mar 4, 2025Reported quarterly or annual results52
Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar
Filings
292 filings to the SEC since October 2021: 5 annual reports, 15 quarterly reports, 42 major events, 172 insider forms, 19 large holders, 39 other. The latest 20:
- Oct 6, 2026SCHEDULE 13G/A EDGAR
- Sep 10, 20264 EDGAR
- Aug 21, 20268-K EDGAR
- Aug 19, 20263 EDGAR
- Aug 13, 2026SCHEDULE 13G/A EDGAR
- Aug 11, 2026144 EDGAR
- Aug 11, 20264 EDGAR
- Aug 5, 202610-Q EDGAR
- Aug 4, 20268-K EDGAR
- Jun 2, 2026SD EDGAR
- May 21, 20264 EDGAR
- May 21, 20264 EDGAR
- May 20, 20264 EDGAR
- May 20, 2026SCHEDULE 13G/A EDGAR
- May 15, 2026SCHEDULE 13G/A EDGAR
- May 6, 2026S-8 EDGAR
- May 6, 202610-Q EDGAR
- May 5, 20268-K EDGAR
- May 4, 20264 EDGAR
- May 4, 20264 EDGAR
The 292 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Insider trades
38 open-market trades by officers, directors and large owners since October 2021: 13 buys and 25 sales. Grants, option exercises and gifts are left out.
| Date | Who | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| May 20, 2026 | Gloe Oliver C.CHIEF FINANCIAL OFFICER | Buy | 15,050 | $4.90 | $73.7K | Form 4 |
| May 19, 2026 | Cline James EDirector | Buy | 50,000 | $4.84 | $242.0K | Form 4 |
| Aug 22, 2025 | DELLAQUILA FRANK JDirector | Buy | 5,000 | $8.24 | $41.2K | Form 4 |
| May 15, 2025 | Gloe Oliver C.CHIEF FINANCIAL OFFICER | Buy | 13,500 | $6.10 | $82.3K | Form 4 |
| May 12, 2025 | Cline James EDirector | Sale | 4,417 | $6.45 | $28.5K | Form 4 |
| May 9, 2025 | Cline James EDirector | Sale | 45,583 | $5.95 | $271.2K | Form 4 |
| Mar 14, 2025 | WC PARTNERS EXECUTIVE IV, L.P.10% owner | Sale | 105,250 | $6.54 | $688.3K | Form 4 |
| Mar 14, 2025 | WYNNCHURCH CAPITAL PARTNERS IV, L.P.10% owner | Sale | 3,494,750 | $6.54 | $22.9M | Form 4 |
| Dec 11, 2024 | Rajeski Scott MichaelCHIEF EXECUTIVE OFFICER | Sale | 22,191 | $8.34 | $185.0K | Form 4 |
| Nov 11, 2024 | Bahl SanjeevCHIEF OPERATING OFFICER | Sale | 11,750 | $5.90 | $69.3K | Form 4 |
| Nov 11, 2024 | Gloe Oliver C.CHIEF FINANCIAL OFFICER | Buy | 9,000 | $5.73 | $51.6K | Form 4 |
| Oct 31, 2024 | Gloe Oliver C.CHIEF FINANCIAL OFFICER | Sale | 10,216 | $6.44 | $65.8K | Form 4 |
| Aug 26, 2024 | Rajeski Scott MichaelCHIEF EXECUTIVE OFFICER | Sale | 25,851 | $6.54 | $169.1K | Form 4 |
| Aug 16, 2024 | Rajeski Scott MichaelCHIEF EXECUTIVE OFFICER | Sale | 33,000 | $6.09 | $201.0K | Form 4 |
| Aug 9, 2024 | Kunchala SurajVICE PRESIDENT & CONTROLLER | Sale | 10,139 | $5.06 | $51.3K | Form 4 |
| Aug 9, 2024 | Sheller Patrick MGENERAL COUNSEL & SECRETARY | Sale | 3,942 | $5.08 | $20.0K | Form 4 |
| Mar 15, 2024 | Gloe Oliver C.CHIEF FINANCIAL OFFICER | Buy | 27,500 | $2.92 | $80.3K | Form 4 |
| Mar 4, 2024 | Rajeski Scott MichaelCHIEF EXECUTIVE OFFICER | Sale | 24,913 | $3.05 | $76.0K | Form 4 |
| Mar 4, 2024 | Dhruv Kaushal BhikheshCIO & CISO | Sale | 6,531 | $3.05 | $19.9K | Form 4 |
| Mar 4, 2024 | Cowley Joshua D.CHIEF COMMERCIAL OFFICER | Sale | 14,650 | $3.05 | $44.7K | Form 4 |
All 38 trades can be filtered by person here when JavaScript is on.
From Forms 4 filed with the SEC.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- Wellington Management CompanySCHEDULE 13G/A, 4 filings Feb 10, 2026 to Oct 6, 202656
- WYNNCHURCH CAPITAL PARTNERS IV, L.P.SCHEDULE 13G/A, 6 filings Feb 14, 2022 to May 20, 202657
- Voss Capital, LPSCHEDULE 13G/A, 2 filings Apr 1, 2025 to Nov 14, 202558
- Pamplona Capital Partners V, L.P.SC 13G/A, 4 filings Feb 11, 2022 to Feb 14, 202459
- KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLCSC 13G/A, 3 filings Feb 11, 2022 to Feb 13, 202460
Executive pay
What the company paid its top executives, from the summary compensation table in its proxy statement. Total pay includes salary, bonus, stock and option awards and other pay, as the company valued them.
| Year | Executive | Age | Salary | Total pay |
|---|---|---|---|---|
| 2025 | Scott M. RajeskiFormer President and Chief Executive Officer | $500.0K | $1.8M61 | |
| 2025 | Oliver C. GloeChief Financial Officer | 51 | $435.0K | $1.1M61 |
| 2025 | Sanjeev BahlChief Operating Officer | 55 | $385.0K | $1.0M61 |
| 2024 | Scott M. RajeskiFormer President and Chief Executive Officer | $465.0K | $2.3M61 | |
| 2024 | Oliver C. GloeChief Financial Officer | 51 | $420.0K | $1.4M61 |
Held by these funds
The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.
| Fund | Shares | Value | Share of the fund | Change |
|---|---|---|---|---|
| Pamplona Capital Management, LLC | 51,845,685 | $335.4M | 92.8% | No change |
| Wellington Management Group Llp | 11,364,049 | $73.5M | 0.0% | +2,201,843 |
| ACK Asset Management LLC | 5,660,000 | $36.6M | 4.3% | +500,000 |
| Keybank National Association/oh | 4,092,908 | $26.5M | 0.1% | +7 |
| Dimensional Fund Advisors LP | 3,791,852 | $24.5M | 0.0% | +421,706 |
| BlackRock, Inc. | 3,637,085 | $23.5M | 0.0% | +368,177 |
| Fmr LLC | 3,340,116 | $21.6M | 0.0% | −329,474 |
| Wasatch Advisors LP | 2,524,359 | $16.3M | 0.1% | −47,129 |
| Vanguard Capital Management LLC | 2,244,614 | $14.5M | 0.0% | −58,765 |
| Formula Growth Ltd | 1,375,082 | $8.9M | 3.1% | +120,000 |
| Geode Capital Management, LLC | 1,338,354 | $8.7M | 0.0% | +175,225 |
| Citadel Advisors LLC | 1,303,746 | $8.4M | 0.0% | +475,201 |
| Onex Canada Asset Management Inc. | 1,172,434 | $7.6M | 1.2% | +47,508 |
| State Street Corp | 1,066,158 | $6.9M | 0.0% | +117,994 |
| CAS Investment Partners, LLC | 922,639 | $6.0M | 0.3% | −5,906 |
| CenterBook Partners LP | 878,650 | $5.7M | 0.3% | +45,941 |
| Silvercrest Asset Management Group LLC | 872,522 | $5.6M | 0.0% | −42,562 |
| Roubaix Capital, LLC | 812,601 | $5.3M | 1.9% | +151,564 |
| Rice Hall James & Associates, LLC | 747,843 | $4.8M | 0.2% | +225,172 |
| Goldman Sachs Group Inc | 595,323 | $3.9M | 0.0% | +4,386 |
| Squarepoint Ops LLC | 574,790 | $3.7M | 0.0% | +234,130 |
| Polar Asset Management Partners Inc. | 558,700 | $3.6M | 0.1% | New |
| Vanguard Portfolio Management LLC | 529,204 | $3.4M | 0.0% | +55,439 |
| Victory Capital Management Inc | 506,775 | $3.3M | 0.0% | +141,025 |
| Renaissance Technologies LLC | 452,900 | $2.9M | 0.0% | −44,600 |
13F reports cover disclosed long positions in U.S. stocks only.
SEC filer profile
How Latham Group, Inc. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARLatham Group, Inc.1
- CIK0001833197
- Employer ID (EIN)83-27975835
- Filer statusAccelerated filer an emerging growth company; not a smaller reporting company; not a shell company5
- Incorporated inDelaware5
- Fiscal year endsDecember 311
- Industry code (SIC)3089 Plastics Products, NEC1
- SEC reviewing officeOffice of Industrial Applications and Services, Division of Corporation Finance1
- Business address787 Watervliet Shaker Road, Latham, NY 121101
- Phone800-833-38001
- Shares outstanding117,646,086 as of Jul 31, 202612
- Public float$304.7M as of Jun 27, 20255
- AuditorDeloitte & Touche LLP, Hartford, Connecticut PCAOB ID 34; no auditor attestation of internal control over financial reporting5
- On EDGAR sinceDec 15, 20201
- Filings376 in all: 4 (186), 8-K (45), 3 (34), 10-Q (17), 144 (10), CORRESP (9), SC 13G/A (7), SCHEDULE 13G/A (7)1
All 29 form types
DEFA14A (6), UPLOAD (6), 10-K (5), DEF 14A (5), ARS (4), DRSLTR (4), SD (4), DRS/A (3), S-8 (3), SC 13G (3), 3/A (2), 424B4 (2), 8-K/A (2), DRS (2), EFFECT (2), S-1 (2), SCHEDULE 13G (2), 4/A (1), 8-A12B (1), CERT (1), S-1/A (1)
- Latest filingsAnnual report (10-K) Mar 4, 2026
Quarterly report (10-Q) Aug 5, 2026
Proxy statement (DEF 14A) Mar 20, 2026
Latest 8-K (8-K) Aug 21, 2026
Securities registered for trading
| Class | Symbol | Exchange |
|---|---|---|
| Common stock, par value $0.0001 per share | SWIM | The Nasdaq Stock Market LLC |
From the cover page of the 10-K filed Mar 4, 2026 (Section 12(b) of the Exchange Act).5
Risk factors and legal proceedings
The risks Latham Group, Inc. names in Item 1A of its 10-K filed Mar 4, 2026: 35 risks under these headings, as written.5
- Risks Related to Our Operations and Industry
- We rely on information technology systems to support our business operations. A significant disturbance or breach of our technological infrastructure could adversely affect our business, financial condition and results of operations. Additionally, failure to maintain the security of confidential information could damage our reputation and expose us to litigation.
- Global political uncertainty and financial market volatility caused by political instability, changes in international trade relationships and conflicts could make it more difficult for us to access financing and could adversely affect our business and operations.
- Inflation could adversely impact our financial condition and results of operations.
- Changes in trade policies, including the imposition of or increase in tariffs, could negatively impact our business, financial condition, and results of operations.
- Catastrophic events, including earthquakes, wildfires, floods, war, terrorism, public health emergencies, or other such events could adversely affect our business. financial condition and results of operations.
- Adverse weather conditions could negatively impact our sales, as well as result in significant variability of sales in reporting periods.
- An interruption of our production capability at one or more of our manufacturing facilities from accident, calamity or other causes, or events affecting the global economy, could adversely affect our business and results of operations.
- Net sales of our swimming pools and related products are adversely affected by unfavorable economic conditions and the related impact on consumer spending, which are driven by factors outside of our control.
- Our ability to keep pace with rapidly evolving technological developments and standards, such as generative artificial intelligence, could impact our future growth and increase our costs and liability risk.
- Declining home ownership rates could lead to reduced demand for our products and adversely affect our business, financial condition and results of operations.
- The nature of our business subjects us to compliance with employment, environmental, health, transportation, safety, anti-corruption, trade, and other governmental regulations.
The other 24 risks
- Delays in, or systems disruptions issues caused by, the implementation of our new enterprise resource planning system could adversely affect our operations and results of operations.
- We depend on a global network of third-party suppliers to provide components and raw materials essential to the manufacturing of our pools and price increases or deviations in the quantity or quality of the raw materials used to manufacture our products could adversely affect our net sales and operating results.
- We face competition both from within our industry and from other outdoor living products and if we are not able to compete effectively, our prospects for future success will be jeopardized.
- Product quality, warranty claims, installation or safety concerns and other claims due to the failure of third party installers to follow our product installation instructions and procedures could negatively impact our sales, lead to increased costs, and expose us to litigation. Other litigation and regulatory matters incidental to our business also may adversely impact our business and financial results.
- Our historical growth in part has been due to strategic transactions, and we continuously evaluate and may in the future enter into additional strategic transactions, which could be material to our business and financial performance. Evaluating and consummating potential transactions and integrating completed transactions may divert the attention of our management from ordinary operating matters.
- We depend on our ability to attract, develop, and retain highly qualified personnel.
- Our ability to collect accounts receivables from our customers may adversely impact our cash flows and our ability to reduce our debt.
- Industry consolidation, including among our network of dealers and distributors could lead to downward pressure on the price of our products or the loss of our largest customers, which could adversely affect our business, financial condition, and results of operations.
- We depend on third parties for transportation services to some extent, and the lack of availability of and/or increases in the cost of transportation could have a material adverse effect on our business and results of operations.
- Our business operations could suffer if we fail to protect adequately our intellectual property rights, and we may experience claims by third parties that we are violating their intellectual property rights.
- We conduct business internationally, which exposes us to additional risks.
- We process, store, and use personal information and other data, which subjects us to governmental regulation and other legal obligations related to privacy, and violation of these privacy obligations could result in a claim for damages, regulatory action, loss of business, or unfavorable publicity.
- Our insurance coverage may be inadequate to protect against the potential hazards inherent to our business.
- If our goodwill, other intangible assets or fixed assets become impaired, we may be required to record a significant charge to earnings.
- Risks Related to Our Indebtedness
- Our substantial indebtedness could adversely affect our financial condition.
- We may be unable to generate sufficient cash flow to satisfy our significant debt service obligations, which would adversely affect our financial condition and results of operations.
- Our Credit Agreement has restrictive terms and our failure to comply with any of these terms could put us in default, which would have an adverse effect on our business and prospects.
- Our indebtedness is variable rate, subjecting us to interest rate risk, which could cause our indebtedness service obligations to increase significantly.
- Risks Related to Ownership of Our Common Stock
- Our stock price has been volatile, and you may not be able to resell our common stock at or above the price you paid.
- Our Principal Stockholders continue to have significant influence over us, including control over decisions that require the approval of stockholders, which could limit your ability to influence the outcome of matters submitted to stockholders for a vote.
- Our organizational documents and Delaware law may impede or discourage a takeover, which could deprive our investors of the opportunity to receive a premium on their shares.
- Our certificate of incorporation contains a provision renouncing our interest and expectancy in certain corporate opportunities.
- We do not anticipate paying quarterly cash dividends, and accordingly, stockholders must rely on stock appreciation for any return on their investment.
- Our certificate of incorporation provides that the Court of Chancery of the State of Delaware is the sole and exclusive forum for substantially all disputes between us and our stockholders, which could limit our stockholders’ ability to obtain a favorable judicial forum for disputes with us or our directors, officers or employees.
Legal proceedings
From time to time, we may be involved in legal proceedings in the ordinary course of business, including, among others, contract and employment claims, personal injury claims, intellectual property claims, product liability claims and warranty claims, some of which may be covered by insurance. Currently, there are no legal proceedings against us that we believe will have a material adverse effect on our business, financial condition, results of operations or cash flows. Further, no material legal proceedings were terminated, settled, or otherwise resolved during the fourth quarter of the year ended December 31, 2025. However, the results of any current or future legal proceedings cannot be predicted with certainty and, regardless of the outcome, we may incur significant costs and experience a diversion of management resources as a result of legal proceedings.
The opening of Item 3, Legal Proceedings.5
Sources
The numbers on this page point here. Each one links to the record it came from.
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- 13SEC EDGARSean Gadd, Chief executive officer
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- 21SEC EDGARJ. Mark Borseth, Strategic Advisor
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- 28SEC EDGARJeffrey T. Jackson, Board member
- 29SEC EDGARFrank J. Dellaquila, Board member
- 30SEC EDGARDelu Jackson, Board member
- 31SEC EDGARKaushal Bhikhesh Dhruv, Board member
- 32SEC EDGARDane L. Derbyshire, Board member
- 33
- 34SEC EDGARAlex Hawkinson, Board member
- 35SEC EDGARAlexander M. Knaster, Board member
- 36SEC EDGARAndrew David Singer, Board member
- 37SEC EDGARJames E. Cline, Board member
- 38SEC EDGARJohn Hatherly, Board member
- 39SEC EDGARMark Phillip Laven, Board member
- 40SEC EDGARSuzan Morno-Wade, Board member
- 41SEC EDGARWilliam M. Pruellage, Board member
- 42SEC EDGARPatrick M. Sheller, General counsel
- 43
- 44SEC EDGARResults of operations
- 45
- 46SEC EDGARResults of operations
- 47SEC EDGARResults of operations
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- 49SEC EDGARResults of operations
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- 52SEC EDGARResults of operations
- 53SEC EDGARRegulation FD disclosure
- 54SEC EDGARResults of operations
- 55NasdaqNasdaq calendar
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