Earnings Releases·Oct 27, 2026, 6:51 AM ET

Pentair — Third Quarter 2026 Earnings Summary

Reported sales declined 4% year-over-year to $976 million, while GAAP diluted EPS fell 19% to $0.91 and adjusted diluted EPS decreased 5% to $1.18; operating income dropped 15% to $196 million.
Full-year 2026 guidance was updated to reflect approximately 3% reported sales decline and GAAP EPS of $1.76, while reaffirming an adjusted EPS midpoint of $4.70; Q4 2026 sales are expected to rise 7% to 9%.
Segment performance was mixed, with Flow and Water Solutions reporting double-digit income growth, whereas the Pool segment saw an 18% sales decline and 38% income drop due to channel inventory realignment ahead of the 2027 season.
Strategic milestones include the October 1, 2026, acquisition of Taco Group Holdings, $350 million in share repurchases during the first nine months, and a 50th consecutive year of dividend increases with a new $0.27 quarterly dividend announced.