Hayward Holdings reported a strong fourth quarter and full fiscal year 2025, demonstrating solid execution and outperformance against expectations. The company achieved revenue growth driven by price realization and aftermarket strength, expanded margins through operational efficiencies, and improved cash flow generation, leading to a reduction in net leverage. Hayward is well-positioned for continued profitable growth in 2026.
Net sales increased 7% year-over-year to $349.4 million in Q4 FY2025 and 7% to $1,122.2 million for the full fiscal year 2025.
positiveGross profit margin increased 160 basis points to 48.5% in Q4 FY2025 and 170 basis points to 48.0% for FY2025.
positiveOperating income increased 14% to $87.3 million in Q4 FY2025 and 12% to $233.3 million for FY2025.
positiveNet income increased 25% year-over-year to $68.4 million in Q4 FY2025 and 28% to $151.6 million for FY2025.
positiveDiluted EPS increased 24% year-over-year to $0.31 in Q4 FY2025 and 26% to $0.68 for FY2025.
positiveNet cash provided by operating activities increased 21% year-over-year to $256.0 million for FY2025.
positiveNorth America segment sales increased 8% in Q4 FY2025.
positiveEurope & Rest of World segment net sales decreased 1% in Q4 FY2025.
attentionSG&A expense increased by 14% to $67.0 million in Q4 FY2025 and 14% to $246.9 million for FY2025, driven by increased variable compensation, strategic investments, and litigation settlement.
attentionAdjusted EBITDA margin decreased 80 basis points to 29.4% in Q4 FY2025, despite an increase in Adjusted EBITDA.
attentionMargin expansion indicates improving profitability and operational efficiency. Measured in basis points (bps): 100 bps = 1.0%.
| Segment | Current | Prior Yr | YoY | % Total |
|---|---|---|---|---|
North America | N/A | — | — | — |
Europe & Rest of World | N/A | — | — | — |
| Total Revenue | $0.00M | — | — | 100.0% |
Segment performance shows business unit health and growth drivers.
Forward-looking guidance is subject to change and does not constitute a guarantee. Actual results may differ materially from these estimates.
Hayward delivered a strong fourth quarter, outperforming expectations and building on our momentum.
Our team executed at a high level across the organization, driving an exceptional finish to 2025, with solid in-quarter demand and strong participation in our Early Buy programs for the upcoming 2026 pool season.
We expanded margins through operational efficiencies and successful mitigation of new tariffs and other inflationary pressures, while continuing to invest strategically in product innovation and customer support.
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