Q3 FY26 · Ended Sep 30, 2026 · View SEC filing
Pool's slump came mostly from dealers cutting stock
The other two segments grew, so Pool's destocking, which the company says is complete, accounts for the 4.5% sales decline.
For investorsWhat has to go right for Pool to recover?
For foundersRaising margins without growing sales: the pruning playbook
Water Solutions earns the highest segment margin, 28.7%, and Taco joins it, tilting Pentair's profit further from the pool cycle.
Gross margin barely moved, but operating margin fell 2.6 points, mostly from restructuring and transformation spending the filing names.
Over three years revenue barely moved while gross margin rose from 33.1% to 40.5%, the pattern its pricing and pruning programs aim for.
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Business Lens describes Pentair from its own filings with the SEC. It is not a view on its shares, a target, or advice to buy, sell or hold anything; figures are as filed and may be restated by the company later. The filing is linked above.
