PENTAIR plc reported second-quarter 2026 results with revenue of $932.6M, down from $1.12B a year earlier, and diluted EPS of $0.8 versus $0.9 in the prior-year quarter. Net income was $128.6M compared with $148.5M a year ago.
Financial Highlights
| MetricCurrent quarterPrior year quarterYoY change | Revenue¹$932.6M$1.12B(17%) | Net income²$128.6M$148.5M(13.4%) | Diluted EPS³$0.8$0.9(11.1%) |
¹ Reported as “Net sales”. ² Reported as “Net income”. ³ Reported as “Diluted earnings per ordinary share”.
Business Highlights
- Revenue trends were pressured by major destocking in the Pool channel, which reduced volume by roughly 42% in Q2 and is estimated to have a ~$250M negative impact over the past 12 months.
- Flow and Water Solutions showed relative resilience: Flow sales rose 5.1% in Q2, while Water Solutions improved margins despite a slight sales decline.
- Management is executing a Transformation Program focused on pricing, sourcing, operations and organizational changes plus an 80/20 product focus to drive productivity and margin expansion.
- Actions to mitigate costs include price increases, inventory pre-buys, supply-chain optimizations and receipt of IEEPA tariff refunds that partially offset inflationary pressures.
Original SEC Filing:
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