Pentair (PNR) reported second-quarter 2026 sales of $933 million, down 17 percent from the same period last year, driven by Pool channel inventory destocking of about $170 million.
The company reported GAAP diluted EPS from continuing operations of $0.80, compared with $0.90 a year earlier. Operating income was $167 million, and Pentair repurchased $150 million of ordinary shares during the quarter.
- Net sales were $932.6 million for the quarter ended June 30, 2026.
- Net income was $128.6 million, compared with $148.5 million in the second quarter of 2025.
- Pool sales fell 42 percent, while Flow sales rose 5 percent and Water Solutions sales declined 5 percent.
- Pentair updated full-year 2026 GAAP EPS guidance to approximately $3.86 to $4.06.
- The company introduced third-quarter 2026 GAAP EPS guidance of approximately $0.97 to $1.00.
- Pentair also said it entered into a definitive agreement to acquire Taco Group Holdings.
