Form 10-Q · Quarterly report
Pentair 10-Q, filed Oct 27, 2026
- Filed
- CIK
- 0000077360
- Accession no.
- 0000077360-26-000058
Summary
Pentair reported third-quarter 2026 net sales of $976.4 million, down 4.5% from $1,022.0 million a year earlier, and operating income of $195.9 million, down 15.5%, after Pool segment sales were hit by a sharper-than-expected inventory realignment with major channel partners. Pentair said the destocking was complete as of September 30, 2026 and that it expects the Pool business to return to sales and margin growth in 2027, and it acquired Taco Group Holdings for $1.425 billion on October 1, 2026, funded with cash on hand and debt.
Key points
- Effective January 1, 2026, Pentair moved its residential and irrigation flow business from the Flow segment into Water Solutions; for the first nine months of 2026, Flow, Water Solutions and Pool represented roughly 27%, 42% and 31% of consolidated net sales.
- Pentair completed the acquisition of Hydra-Stop, LLC in September 2025 for $292.1 million in cash, net of cash acquired.
- Pentair said the U.S. Supreme Court invalidated certain IEEPA tariffs in February 2026 and that it received refunds of some previously paid IEEPA tariffs in the first nine months of 2026, with uncertainty remaining over additional refunds and replacement tariffs.
- Pentair said the OECD Pillar Two 15.0% global minimum tax has negatively affected its effective tax rate in the first nine months of 2026 and may do so in the future.
Written by an AI model from the filing text. It can be incomplete or wrong; the filing on SEC.gov is the record.
From the filing
ITEM 2. MANAGEMENT’S DISCUSSION Overview The terms “us,” “we,” “our” or “Pentair” refer to Pentair plc and its consolidated subsidiaries. At Pentair, we help the world sustainably move, improve and enjoy water, life’s most essential resource. From our residential and commercial water solutions to industrial water management and everything in between, Pentair is an S&P 500 company focused on smart, sustainable water solutions that help our planet and people thrive. We are comprised of three reportable segments: Flow, Water Solutions and Pool. …
An excerpt of the text as filed with the SEC, cut for length.
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