Hayward Holdings, Inc.
For the period ended Sep 27, 2025. Filed Oct 29, 2025.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 27, 2025 · Filed Oct 29, 2025
HAYW$16.61-1.7%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Statements of Cash Flows
Unaudited Condensed Consolidated Statements of Cash Flows
(In thousands)
| Nine Months Ended | ||
|---|---|---|
| September 27, 2025 | September 28, 2024 | |
| Cash flows from operating activities | ||
| Net income | $83,160 | $63,922 |
| Adjustments to reconcile net income to net cash used in operating activities | ||
| Depreciation | 17,026 | 13,929 |
| Amortization of intangible assets | 25,808 | 26,299 |
| Amortization of deferred debt issuance fees | 2,818 | 3,248 |
| Stock-based compensation | 9,821 | 7,299 |
| Deferred income taxes (benefit) | 1,949 | (8,344) |
| Allowance for credit losses | (1,021) | (62) |
| Loss on debt extinguishment | — | 4,926 |
| (Gain) loss on sale of property, plant and equipment | 381 | (451) |
| Changes in operating assets and liabilities | ||
| Accounts receivable | 168,754 | 173,400 |
| Inventories | (8,064) | (4,204) |
| Other current and non-current assets | 29,913 | (6,203) |
| Accounts payable | (14,002) | 2,871 |
| Accrued expenses and other liabilities | (33,566) | (868) |
| Net cash provided by operating activities | 282,977 | 275,762 |
| Cash flows from investing activities | ||
| Purchases of property, plant, and equipment | (19,822) | (16,153) |
| Software development costs | (1,579) | (1,399) |
| Acquisitions, net of cash acquired | — | (61,636) |
| Proceeds from sale of property, plant, and equipment | — | 311 |
| Purchases of short-term investments | (19,650) | — |
| Proceeds from short-term investments | — | 25,000 |
| Net cash used in investing activities | (41,051) | (53,877) |
| Cash flows from financing activities | ||
| Proceeds from issuance of long-term debt | — | 2,886 |
| Payments of long-term debt | (6,941) | (129,971) |
| Proceeds from issuance of short-term notes payable | — | 6,340 |
| Payments of short-term notes payable | (2,169) | (4,676) |
| Debt issuance costs | (1,388) | — |
| Purchase of common stock | (1,141) | — |
| Other, net | 719 | (427) |
| Net cash used in financing activities | (10,920) | (125,848) |
| Effect of exchange rate changes on cash and cash equivalents | 1,089 | 50 |
| Change in cash and cash equivalents | 232,095 | 96,087 |
| Cash and cash equivalents, beginning of period | 196,589 | 178,097 |
| Cash and cash equivalents, end of period | $428,684 | $274,184 |
| Supplemental disclosures of cash flow information: | ||
| Cash paid-interest | $39,892 | $47,965 |
| Cash paid-income taxes | 20,587 | 26,853 |
| Non-cash investing and financing activities: | ||
| Accrued and unpaid purchases of property, plant, and equipment | $1,064 | $1,862 |
| Equipment financed under finance leases | 1,866 | 843 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.