Form 8-K · Current report
Pentair 8-K, filed Jul 28, 2026
- Filed
- CIK
- 0000077360
- Accession no.
- 0000077360-26-000042
Summary
Pentair reported second quarter 2026 sales of $933 million, down 17 percent from a year earlier, driven by an approximately $170 million inventory destock in its Pool channel, with GAAP EPS of $0.80 and adjusted EPS of $1.14. The company updated full year 2026 GAAP EPS guidance to about $3.86 to $4.06 and reaffirmed adjusted EPS guidance of $4.60 to $4.80, and said it entered a definitive agreement to acquire Taco Group Holdings.
Key points
- Second quarter 2026 sales were $933 million, down 17 percent year over year, with Pool segment sales down 42 percent and reportable segment income down 62 percent.
- Operating income was $167 million at 17.9 percent return on sales, or 25.4 percent on an adjusted basis; GAAP EPS was $0.80 and adjusted EPS was $1.14.
- Results include roughly $35 million of International Emergency Economic Powers Act refunds, and the company repurchased 2.0 million shares for $150 million.
- Full year 2026 sales guidance was reaffirmed at down approximately 4 to 7 percent on a reported basis, and third quarter 2026 adjusted EPS is guided to $1.05 to $1.08.
Written by an AI model from the filing text. It can be incomplete or wrong; the filing on SEC.gov is the record.
Items reported
- 2.02Results of Operations and Financial Condition
- 9.01Financial Statements and Exhibits
From the filing
ITEM 2.02 Results of Operations and Financial Condition On July 28, 2026, Pentair plc (the “Company”) issued a press release announcing its earnings for the second quarter of 2026 and a conference call in connection therewith. A copy of the release is attached hereto as Exhibit 99.1 and incorporated herein by reference. This press release refers to certain non-generally accepted accounting principles (“GAAP”) financial measures (core sales, adjusted operating income, adjusted return on sales, adjusted net income from continuing operations, adjusted diluted earnings per share from continuing operations and free cash flow) and a reconciliation of those non-GAAP financial measures to the…
An excerpt of the text as filed with the SEC, cut for length.
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