PENTAIR plc (PNR) Form 10-Q — Jul 28, 2026
Pentair reported net sales of $1.97 billion for the six months ended June 30, 2026, a decrease of 7.7% compared to the prior year period, primarily due to a 21.9% decline in Pool segment sales driven by channel destocking. Net income was $301 million, with diluted earnings per share of $1.85, despite operating income falling 10.5% to $376.5 million. Despite the revenue decline, the company demonstrated operational resilience with a 180 basis point improvement in gross margin to 42.1%, attributed to pricing actions, productivity gains, and tariff refunds.
Key figures
- Eps
- 1.85
- Net Income
- 301
- Total Debt
- 1606
- Debt Amount
- 1606
- Cash Position
- 91.8
- Free Cash Flow
- 467.2
- Gross Margin pct
- 42.1
- Operating Income pct
- 19.1
- Net Sales Flow segment
- 521.8
- Net Sales Pool segment
- 633.7
- Six Month Share Repurchases
- 350
- Remaining Buyback Authorization
- 650
- Net Sales Water Solutions segment
- 813
Price after filing
Close on the filing date to close N calendar days later (from $62.07). Historical, not a forecast.
AI analysis
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