Hayward Holdings, Inc. (HAYW) Income Statement
HAYW 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsHAYW revenue and net income
Where HAYW's revenue goes
2025Each bar shows an amount and its share of revenue. HAYW kept 13.5% of revenue as net income.
HAYW profit margins
HAYW growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +6.7% | −5.1% | +5.1% | — |
| Gross profit | +1.8% | −3.3% | +7.3% | — |
| Operating income | +10.2% | −6.9% | +10.5% | — |
| Net income | +27.7% | −5.5% | +28.5% | — |
| EPS (diluted) | +14.9% | −7.1% | +33.7% | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
HAYW quarterly EPS vs estimates
Hayward beat the analyst EPS estimate in 8 of the last 8 quarters. Next report: October 28, 2026 (estimate $0.15).
HAYW income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|
| Revenue | $1.12B | $1.05B | $992.5M | $1.31B | $1.40B | $875.4M | $733.4M |
| Cost of revenue | $610.9M | $549.6M | $545.9M | $749.2M | $778.7M | $516.3M | $451.7M |
| Gross profit | $511.2M | $502.0M | $446.6M | $564.9M | $623.1M | $359.1M | $281.7M |
| Research & development | $27.2M | $25.8M | $24.5M | $22.4M | $22.9M | $20.0M | $19.9M |
| Sales, general & admin | $246.9M | $260.9M | $232.6M | $248.8M | $267.3M | $195.2M | $179.4M |
| Total operating expenses | $274.1M | $286.7M | $258.2M | $271.2M | $290.1M | $215.2M | $199.3M |
| Operating income | $237.1M | $215.3M | $188.4M | $293.7M | $333.0M | $143.9M | $82.4M |
| Interest income | $13.2M | $10.1M | $7.1M | $400,000 | — | — | — |
| Interest expense | $59.9M | $68.0M | $73.6M | $51.2M | $50.9M | $73.6M | $84.5M |
| Income before taxes | $184.6M | $144.2M | $101.1M | $234.2M | $260.1M | $57.8M | $12.1M |
| Income taxes | $33.1M | $25.5M | $20.4M | $54.9M | $56.4M | $14.5M | $3.6M |
| Net income | $151.6M | $118.7M | $80.7M | $179.3M | $203.7M | $43.3M | $8.5M |
| EBITDA | $301.8M | $278.9M | $243.4M | $343.1M | $362.2M | $188.1M | $155.6M |
| EPS (diluted) | $0.77 | $0.67 | $0.55 | $0.96 | $1.95 | $0.18 | $0.04 |
| Gross margin | 45.6% | 47.7% | 45.0% | 43.0% | 44.5% | 41.0% | 38.4% |
| Operating margin | 21.1% | 20.5% | 19.0% | 22.4% | 23.8% | 16.4% | 11.2% |
| Net margin | 13.5% | 11.3% | 8.1% | 13.6% | 14.5% | 4.9% | 1.2% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $318.4M | $255.2M | $349.4M | $244.3M | $299.6M | $228.8M | $327.1M | $227.6M | $284.4M | $212.6M | $278.5M | $220.3M |
| Cost of revenue | $163.3M | $142.9M | $213.9M | $126.1M | $148.6M | $122.3M | $166.5M | $122.0M | $146.3M | $114.9M | $148.9M | $122.4M |
| Gross profit | $155.1M | $112.3M | $135.5M | $118.3M | $151.0M | $106.5M | $160.6M | $105.5M | $138.1M | $97.7M | $129.6M | $97.9M |
| Research & development | $7.7M | $6.8M | $8.0M | $7.1M | $6.1M | $6.0M | $6.9M | $6.4M | $6.1M | $6.3M | $5.5M | $6.2M |
| Sales, general & admin | $64.3M | $62.6M | $40.1M | $69.8M | $71.9M | $65.1M | $73.2M | $64.5M | $63.2M | $60.0M | $61.5M | $59.5M |
| Total operating expenses | $79.1M | $69.3M | $48.0M | $76.9M | $78.0M | $71.1M | $80.2M | $71.0M | $69.3M | $66.3M | $67.1M | $65.6M |
| Operating income | $76.0M | $43.0M | $87.4M | $41.3M | $72.9M | $35.4M | $80.5M | $34.6M | $68.9M | $31.4M | $62.5M | $32.3M |
| Interest income | — | $2.9M | $4.6M | $4.6M | $2.5M | $1.5M | $3.2M | $3.7M | $1.6M | — | — | $3.0M |
| Interest expense | $17.0M | $16.7M | $13.7M | $13.7M | $16.0M | $16.4M | $15.7M | $13.2M | $16.8M | $18.6M | $22.1M | $21.7M |
| Income before taxes | $59.3M | $30.1M | $75.3M | $31.2M | $59.4M | $18.7M | $63.4M | $20.9M | $46.9M | $12.9M | $39.1M | $9.5M |
| Income taxes | $13.6M | $6.8M | $6.9M | $7.2M | $14.6M | $4.3M | $8.7M | $4.4M | $9.4M | $3.1M | $8.1M | −$2.3M |
| Net income | $45.6M | $23.4M | $68.4M | $24.0M | $44.8M | $14.3M | $54.7M | $16.5M | $37.6M | $9.8M | $31.0M | $11.8M |
| EBITDA | $90.2M | $60.9M | $103.4M | $59.1M | $89.4M | $49.9M | $96.2M | $52.6M | $81.4M | $48.7M | $71.7M | $44.9M |
| EPS (diluted) | $0.26 | $0.13 | $0.29 | $0.14 | $0.24 | $0.10 | $0.27 | $0.11 | $0.21 | $0.08 | $0.20 | $0.09 |
| Gross margin | 48.7% | 44.0% | 38.8% | 48.4% | 50.4% | 46.6% | 49.1% | 46.4% | 48.6% | 46.0% | 46.5% | 44.4% |
| Operating margin | 23.9% | 16.8% | 25.0% | 16.9% | 24.3% | 15.5% | 24.6% | 15.2% | 24.2% | 14.8% | 22.4% | 14.6% |
| Net margin | 14.3% | 9.2% | 19.6% | 9.8% | 15.0% | 6.3% | 16.7% | 7.3% | 13.2% | 4.6% | 11.1% | 5.4% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in HAYW's financial statements (latest annual report filed February 25, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
HAYW financial results
In fiscal year 2025 (ended December 31, 2025), Hayward reported revenue of $1.1 billion, up 6.7% from the year before. It had net income of $151.6 million (up 27.7%), a net profit margin of 13.5%. Diluted earnings per share came to $0.77. Over five years revenue grew at an average rate of 5.1% a year.
See the HAYW stock overview for the latest quote and news, or the HAYW chart for price history and technical indicators.
HAYW income statement FAQ
What is Hayward's annual revenue?
Hayward reported total revenue of $1.1 billion for fiscal year 2025, which ended on December 31, 2025. That was up 6.7% from $1.1 billion the previous year.
Is Hayward profitable?
Yes. Hayward reported net income of $151.6 million in fiscal 2025, a net profit margin of 13.5%; its operating margin was 21.1%.
What is Hayward's gross margin?
Hayward's gross margin was 45.6% in fiscal 2025: for every $100 of revenue, Hayward kept $46 after the direct cost of its products and services.
How much does Hayward spend on research and development?
Hayward spent $27.2 million on research and development in fiscal 2025, 2.4% of revenue.
How fast is Hayward growing?
Revenue grew 5.1% a year on average over the last five fiscal years, from $875.4 million to $1.1 billion.
What are Hayward's earnings per share?
Hayward earned $0.77 per diluted share in fiscal 2025, compared with $0.67 a year earlier.
When will Hayward report its next earnings?
Hayward is expected to report results for the quarter ending September 30, 2026 on October 28, 2026 before the market opens.
When does Hayward's fiscal year end?
Hayward's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on February 25, 2026.