Latham Group, Inc. (SWIM) — Financial statements
Income statement, balance sheet, and cash flow for Latham Group, Inc. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 546↑7.4% | 509↓10.2% | 566↓18.6% | 696↑10.4% | 630 | |
| Cost of Revenue | 393↑10.7% | 355↓14.2% | 414↓13.7% | 479↑12.4% | 426 | |
| Gross Profit | 153↓0.4% | 154↑0.5% | 153↓29.3% | 216↑6.0% | 204 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 0.00↓100.0% | 100↓1.2% | 101↓26.2% | 137 | 0.00 | |
| Selling & Marketing Expenses | 0.00↓100.0% | 9↓7.6% | 9↓6.1% | 10 | 0.00 | |
| SG&A Expenses | 123↑13.1% | 108↓1.8% | 110↓24.9% | 147↓32.6% | 218 | |
| Other Expenses | -1↓104.8% | 27↑2.2% | 27↓33.1% | 40↑75.6% | 23 | |
| Operating Expenses | 121↓10.5% | 135↓1.0% | 137↓26.6% | 186↓22.4% | 240 | |
| Total Costs & Expenses | 514↑4.9% | 490↓10.9% | 550↓17.3% | 666↓0.1% | 667 | |
| Operating Results | ||||||
| Operating Income | 32↑74.5% | 18↑13.3% | 16↓46.3% | 30↑182.9% | -36 | |
| Depreciation & Amortization | 51↑15.5% | 44↑9.1% | 41↑6.7% | 38↑18.4% | 32 | |
| EBITDA | 83↑37.5% | 61↓1.7% | 62↓22.6% | 80↑2441.4% | 3 | |
| EBIT | 32↑98.1% | 16↓22.8% | 21↓49.7% | 41↑242.4% | -29 | |
| Interest & Other Income | ||||||
| Net Interest Income | -26↓3.9% | -25↑19.7% | -31↓96.3% | -16↑35.5% | -24 | |
| Interest Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Interest Expense | 26↑3.9% | 25↓19.7% | 31↑96.3% | 16↓35.5% | 24 | |
| Non-Operating Income | 0.00↓100.0% | 2↑146.1% | -5↑58.7% | -11↓61.5% | -7 | |
| Other Income / Expenses | -18↑31.9% | -27↓3.2% | -26↓60.8% | -16↑6.1% | -17 | |
| Income Before Tax | 13↑254.3% | -9↑13.1% | -10↓173.3% | 14↑125.6% | -54 | |
| Income Tax Expense | 2↓74.1% | 9↑218.9% | -8↓139.5% | 19↑120.2% | 9 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 11↑162.3% | -18↓647.9% | -2↑58.1% | -6↑90.9% | -62 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 11↑162.3% | -18↓647.9% | -2↑58.1% | -6↑90.9% | -62 | |
| Bottom-Line Net Income | 11↑162.3% | -18↓647.9% | -2↑58.1% | -6↑90.9% | -62 | |
| EPS (Basic) | 0.10↑163.7% | -0.15↓607.5% | -0.02↑57.9% | -0.05↑91.0% | -0.56 | |
| EPS (Diluted) | 0.09↑161.9% | -0.15↓607.5% | -0.02↑57.9% | -0.05↑91.0% | -0.56 | |
| Weighted Average Shares | 116↑0.9% | 115↑2.2% | 113↓0.3% | 113↑2.4% | 111 | |
| Weighted Average Diluted Shares | 120↑3.8% | 115↑2.2% | 113↓0.3% | 113↑2.4% | 111 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.