In their performance reports for Fiscal 2025, the Big Three manufacturers and megadistributor PoolCorp – all four publicly held – recorded flat performance or single-digit growth for the year, with equally modest projections for Fiscal 2026. Several credited in-house initiatives, internal discipline, and increased investment in new technology for countering the effects of the economy and lowered demand on the new-pool side.
Fluidra reported a 7% sales increase across its global operation at constant foreign exchange rate, at approximately $2.55 billion. The company said the performance reflects “consistent volume growth across all regions in a changing environment, driven by higher volumes, positive pricing, and the contribution from acquisitions.”
The North American market, which accounted for 50% of the company’s sales, also saw a 7% increase. The Barcelona-based manufacturer/distributor also attributed the performance to internal factors such as efficiency measures, strategic investments, and other initiatives. It reported that aftermarket products remain in demand, and that its commercial business continues to grow.
For 2026, the company predicted continued flat demand in residential new construction and renovation. It expects to see sales of residential aftermarket products, particularly those for maintenance and repair, grow by low single digits, “reflecting the resilience of demand to maintain the installed base.”
Overall, the company expects sales growth between 3% and 7% at constant foreign exchange rates.
Hayward also reported a 7% increase in year-over-year sales, for both the fourth quarter and Fiscal 2025. The fourth quarter brought $349.4 million in sales, and $1.12 billion for the year. The company attributed its Q4 performance to “solid in-quarter demand and strong participation in our Early Buy programs for the upcoming 2026 pool season.”
Its Q4 sales in North America, in particular, increased by 8% to $308.7 million for the fourth quarter of fiscal 2025.
Gross profit for the fourth quarter increased by 10% to $169.3 million. The company credited higher net prices, lower warranty expenses, and operational efficiencies, but said higher net tariff charges and inflation had the opposite effect.
For Fiscal 2025, the growth was attributed to “positive net price and the favorable impact from acquisitions.”
For 2026, the manufacturer expects net sales to increase approximately 4% compared to last year.
Pentair, including its pool and non-pool divisions, reported a 5% increase in sales for the fourth quarter, at $1 billion; and a 2% increase for the fiscal year, at $4.2 billion. This applies not only to its pool business, but also its two other water-related divisions.
Specific to the pool business, net sales rose 11% in the fourth quarter of 2025, at $393 million, compared to sales for the same period the previous year.
Excluding currency translation, acquisitions, and divestitures, core sales grew 9% in the fourth quarter. Net sales for Pentair’s pool segment increased 9% for Fiscal Year 2025, at $1.56 billion. Excluding currency translation, acquisitions, and divestitures, core sales grew 7% in 2025.
The Company anticipates full year 2026 sales to increase approximately 3 – to 4 percent on a reported basis.
POOLCORP’s net sales for 2025 basically matched those of 2024, at $5.3 billion. While demand for maintenance products was credited, the company also reported increased demand in discretionary products and building materials in the second half of the year. In the fourth quarter, net sales for the company decreased by 1% to $982.2 million.
