The pool/spa industry experienced steady but largely flat performance in the third quarter, as indicated by a PHTA survey and the quarterly performance results reports by major publicly held vendors.
The results of the Pool & Hot Tub Alliance’s Quarterly Pulse Survey showed tepid growth and a cautious outlook, with the maintenance/repair sector continuing to thrive the most.
“The data confirms a resilient market, driven by stability in the service sector, but highlights ongoing challenges related to profitability and economic headwinds,” the organization said.
In the survey of PHTA members, conducted by Industry Insights, 55% of participating service companies said they’ve increased their volume of service calls. This was also the only industry segment to report an increase in bottom-line profits, with boosts of typically 5% or lower.
New pool/spa construction did not fare as well, though the number of companies experiencing a decrease still fell in the minority. While 44% of participating builders saw modest increases in new-construction revenue, “…a significant 37% reported a decrease, signaling a clear cooling trend in new construction compared to the post-pandemic surge years,” PHTA said.
Renovation remains a bit stronger, with 42% of companies seeing an increase in remodel revenues and only 21% reporting decreases.
Bottom-line profits for builders and retailers typically remained unchanged from Q2 to Q3, the organization said.
Across all sectors, the outlook holds at cautiously optimistic: 69% of companies participating in the survey expected revenue growth over the next 12 months.
“The Q3 results clearly demonstrate the industry’s ability to pivot,” said Jeff Henriksen, PHTA vice president of industry affairs and research. “While interest rates and economic uncertainty continue to pressure new construction, our members are successfully leaning into the stability and higher margins of the service and remodel markets. The challenge now is to translate top-line revenue growth into bottom-line profit growth by managing persistent input costs.”
In their quarterly results reports, major industry vendors echoed the same performance and outlook:
• Fluidra: In the North American market, the Barcelona-based manufacturer saw 6.6% growth in Q3 of 2025 versus 2024, at 203 million Euro compared with 190 million Euro. Year to date, Fluidra’s North American sector experienced a 5.7% increase in net sales, from 690 million Euro to 729 million Euro.
• Hayward: In North America, net sales increased by 7% to $208.2 million for the third quarter of 2025, compared with the same period last year. The manufacturer attributed the growth to a modest increase in volume, as well as positive net prices meant to offset inflation and tariffs. For the whole year and across the globe, the company expects an increase in net sales of approximately 4% to 5.5% over fiscal year 2024.
• Pentair: Pool sales for the company rose 7% in the third quarter compared with Q3 2024. Excluding currency translation, acquisitions and divestitures, core sales grew 6% for the quarter. Year-to-date sales rose slightly, from $1,082 billion in 2024 to $1,165 billion in the first nine months of 2025.
• PoolCorp: Year-to-date net sales for 2025 dropped slightly from the first three quarters of last year: In the first nine months of 2025, the company saw $4.307 billion in net sales compared with $4.323 billion in the same period of 2024. However, the third quarter itself generated slightly more net sales than Q3 2024, at $1.45 billion compared with $1.43 billion for the same period last year.
