Here are the 10-Q quarterly reports from Pentair plc (PNR) in our archive since June 2025, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow PNR and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full PNR filings page.
Pentair plc reported third-quarter 2026 net sales of $976.4 million, down from $1,022.0 million a year earlier, and net income of $145.1 million versus $184.3 million. Operating income declined 15.5% to $195.9 million. Pool segment sales fell 17.7% to $291.5 million, primarily because of channel inventory destocking; Flow and Water Solutions segment income increased 15.2% and 16.3%, respectively.
For the first nine months, net sales were $2,945.7 million, down 6.6%, and operating income was $572.4 million, down 12.3%. Operating cash flow was $673.7 million, compared with $764.0 million a year earlier. Pentair repurchased 4.0 million shares for $350.0 million in that period.
On October 1, 2026, Pentair acquired Taco Group Holdings for a purchase price of $1.425 billion, subject to customary adjustments, using cash on hand and debt financing. On the closing date, its finance subsidiary borrowed $1.4 billion under the Term Loan Facilities to fund part of the purchase price and related fees and expenses.
Pentair plc reported Q2 2026 net sales of $932.6 million, down from $1,123.1 million a year earlier, with net income of $128.6 million. Gross margin improved to 42.4% as higher pricing, productivity and $34.9 million of IEEPA tariff refunds more than offset inflation and lower volume. Operating income margin slipped to 17.9% due to higher restructuring and Transformation Program spending.
Flow and Water Solutions delivered higher or stable sales and stronger margins, aided by the 2025 Hydra‑Stop acquisition and tariff refunds. The Pool segment was weak: Q2 sales fell 42.3% to $246.6 million and margin dropped to 23.4%, driven by channel destocking and softer demand. Pentair estimates Pool channel destocking will reduce 2026 net sales by about $250 million, with timing of normalization uncertain.
Cash from operations was $504.4 million in the first half of 2026, supporting $37.4 million of capex, $348.2 million of share repurchases and $87.5 million of dividends, while total debt stood at $1,620.0 million. The company continues a multi‑year restructuring and Transformation Program and, subsequent to quarter‑end, agreed to acquire Taco Group Holdings for $1.425 billion, to be funded with cash and a committed $1.4 billion bridge facility ahead of a planned permanent debt issuance.
Pentair plc reported modestly stronger results for the quarter ended March 31, 2026. Net sales rose to $1,036.7 million from $1,010.4 million, driven mainly by price increases across all segments and favorable currency, partly offset by lower volumes and a prior-year business exit in Water Solutions.
Net income increased to $172.4 million from $154.9 million, with diluted earnings per share improving to $1.05 from $0.93, including $0.07 from discontinued operations. Gross margin expanded to 41.8%, helped by pricing, productivity and the absence of prior-year asset impairments, while restructuring and transformation costs totaled $25.2 million. Operating cash flow was a seasonal outflow of $67.4 million, and the company drew $304.9 million on its revolver, repurchased $200.0 million of shares and paid a quarterly dividend of $0.27 per share.
Pentair (PNR) reported stronger Q3 2025 results. Net sales reached $1,022.0 million, up 2.9% year over year, with gross margin improving to 41.0%. Operating income rose to $231.7 million, and diluted EPS increased to $1.12 from $0.84. Net income was $184.3 million.
Year-to-date, net sales were $3,155.5 million and operating income was $652.5 million. Cash from operations was $764.0 million, supporting $175.0 million of share repurchases and a quarterly dividend of $0.25 per share. Pentair acquired Hydra-Stop, LLC on September 17, 2025 for $292.2 million, adding customer relationships and technology assets. Long-term debt stood at $1,580.1 million with $680.0 million available under the revolver. Segment performance was led by Pool and Flow, with Flow aided by pricing and productivity, while Water Solutions felt lower volume and prior business exits.