| Metric | Value ($ M) | Q1 FY25 |
|---|---|---|
| Revenue | 1.1K | 6.2% |
| Total Income | 1.1K | 6.2% |
| Expenditure | 1.1K | 6.2% |
| PBT | 70.24 | 5.8% |
| Net Profit | 53.23 | 0.6% |
| OPM | 7.26% | 0.02pp |
| NPM | 4.68% | 0.32pp |
| EPS | 1.46 | 2.8% |
Pool Corporation Reports Q1 2026 Results; Net Sales Up 6%
23 Apr 2026 · 23 Apr, 7:12 pm
Summary
Pool Corporation reported a 6% increase in net sales to $1.1 billion for the first quarter of 2026. Operating income grew by 7% to $82.6 million, and the operating margin expanded to 7.3%. Diluted earnings per share increased by 2% to $1.45. The company reaffirmed its full-year earnings guidance of $10.87 to $11.17 per diluted share. Management remains confident in their strategy and ability to drive profitable growth.
Key Highlights
- 1
Net sales increased by 6% to $1.1 billion in the first quarter of 2026, driven by strong maintenance product sales and improvement in discretionary categories.
- 2
Gross margin was 29.0%, a decrease of 20 bps year-over-year, influenced by increased early buy activity and seasonal mix.
- 3
Operating income increased by 7% to $82.6 million, with operating margin expanding 10 bps to 7.3%.
- 4
Diluted EPS increased by 2% to $1.45, or an increase of 8% without ASU 2016-09 tax benefits.
- 5
The company confirms its annual earnings guidance range of $10.87 - $11.17 per diluted share, including a Q1 2026 ASU 2016-09 tax benefit of $0.02.
Management Comments
Peter D. Arvan
We are off to a solid start in 2026, with net sales up 6% and operating income growing 7% year-over-year. Maintenance demand remained resilient, and we saw continued, though still gradual, recovery in discretionary categories. Gross margin reflected the typical first quarter seasonal mix, with strong equipment and customer early buy sales partially offset by our pricing and supply chain initiatives. Our greenfield investments are contributing to growth, and we are beginning to see operating expense leverage as those locations mature. We remain confident in our strategy and our ability to drive profitable growth.
Peter D. Arvan
We remain confident in our full-year 2026 earnings guidance of $10.87 to $11.17 per diluted share, which includes the impact of year-to-date tax benefits of $0.02. As we move into peak pool season, our focus remains where it has been for over 30 years: serving the outdoor living industry with the discipline that has defined this company through every cycle, continuously advanced by our ongoing investment in our people, technology and operating capabilities. Our 455 sales centers, continued POOL360 adoption and deep vendor partnerships reflect the compounding advantages of a network built over decades. We continue to compete on service, availability and partnership while allocating capital thoughtfully to best serve our customers and shareholders.
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