Hayward Holdings, Inc.
For the period ended Sep 26, 2026. Filed Oct 28, 2026.
View on SEC.govAbout this filing
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 26, 2026 · Filed Oct 28, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Cover page
Show cover page
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 10-Q
(Mark One)
| ☑ | QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 |
|---|
For the quarterly period ended September 26, 2026
or
| ☐ | TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 |
|---|
For the transition period from ___ to ___
Commission file number:001-40208
(Exact name of registrant as specified in its charter)
Delaware
(State or other jurisdiction of incorporation or organization)
1415 Vantage Park Drive
Suite 400
Charlotte, NC
(Address of Principal Executive
Office)
82-2060643
(I.R.S. Employer Identification No.)
(Zip Code)
(704)837-8002
Registrant’s telephone number, including area code
Securities registered pursuant to Section 12(b) of the Act:
| Title of each class | Trading Symbol(s) | Name of each exchange on which registered |
|---|---|---|
| Common stock, $0.001 per share | HAYW | New York Stock Exchange |
Indicate by check mark whether the registrant: (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes ☒ No ☐
Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files). Yes ☒ No ☐
Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and “emerging growth company” in Rule 12b-2 of the Exchange Act.
| Large accelerated filer | ☒ | Accelerated filer | ☐ |
|---|---|---|---|
| Non-accelerated filer | ☐ | Smaller reporting company | ☐ |
| Emerging growth company | ☐ | ||
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.
☐
Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes ☐ No☒
The registrant had outstanding 208,390,131 shares of common stock as of October 26, 2026.
SPECIAL NOTE REGARDING FORWARD-LOOKING STATEMENTS
This Quarterly Report on Form 10-Q of Hayward Holdings, Inc. (“Hayward,” the “Company,” “we,” “our” or “us”) contains certain “forward-looking statements” as that term is defined under the Private Securities Litigation Reform Act of 1995 (the “Act”) and releases issued by the Securities and Exchange Commission. Such forward-looking statements relating to us are based on the beliefs of our management as well as assumptions made by, and information currently available to, us. These forward-looking statements include, but are not limited to, statements about our strategies, plans, objectives, expectations, intentions, expenditures and assumptions and other statements contained in or incorporated by reference in this Quarterly Report on Form 10-Q that are not historical facts. When used in this document, words such as “may,” “will,” “should,” “could,” “intend,” “potential,” “continue,” “anticipate,” “believe,” “estimate,” “expect,” “plan,” “target,” “predict,” “project,” “seek” and similar expressions as they relate to us are intended to identify forward-looking statements. We believe that it is important to communicate our future expectations to our shareholders, and we therefore make forward-looking statements in reliance upon the safe harbor provisions of the Act. However, there may be events in the future that we are not able to accurately predict or control, and actual results may differ materially from the expectations we describe in our forward-looking statements.
Examples of forward-looking statements include, among others, statements we make regarding: our financial position; business plans and objectives; general economic and industry trends; business prospects; future product development and acquisition strategies; future channel stocking levels; growth and expansion opportunities; operating results; and working capital and liquidity. The forward-looking statements in this Quarterly Report on Form 10-Q are only predictions. We may not achieve the plans, intentions or expectations disclosed in our forward-looking statements, and you should not place significant reliance on our forward-looking statements. We have based these forward-looking statements largely on our current expectations and projections about future events and financial trends that we believe may affect our business, financial condition and results of operations. Moreover, neither we nor any other person assumes responsibility for the accuracy and completeness of forward-looking statements taken from third-party industry and market reports.
Important factors that could affect our future results and could cause those results or other outcomes to differ materially from those indicated in our forward-looking statements include the following:
our business depends on the performance of distributors, builders, buying groups, retailers and servicers;
the demand for our products may be adversely affected by unfavorable economic and business conditions;
we operate in markets with high levels of competition;
our future success depends on developing, manufacturing and attaining market adoption of new products and maintaining product quality and reliability;
our ability to keep pace with rapidly evolving technological developments and standards, including artificial intelligence (“AI”), and effectively develop and deploy such technologies;
our results of operations and cash flows may fluctuate from quarter to quarter;
a loss of, or material cancellation, reduction or delay in purchases by one or more of our largest customers;
our exposure to credit risk on our accounts receivable;
risks arising from our international business operations;
past growth may not be indicative of future growth;
our inability to identify, finance and complete suitable acquisitions;
negative impacts of litigation and other claims;
future impairment of our goodwill and intangible assets;
exchange rate fluctuations, cost increases and other inflation, changes in our effective tax rate or exposure to additional income tax liabilities;
our ability to attract, develop and retain highly qualified personnel, including key members of management;
disruptions in the financial markets;
significant disruption or breach of our technology infrastructure or that of our vendors or third parties, or failure to maintain the security of confidential information;
difficulties in operating or implementing the new ERP system or human resources information system;
misuse of our technology-enabled products;
failure to maintain an effective system of internal controls;
dependence on key suppliers, including single-source suppliers and sole-source suppliers;
ability to manage product inventory in an effective and efficient manner;
product manufacturing disruptions, including as a result of catastrophic or other events beyond our control;
tariffs and other trade restrictions and the cost of raw materials;
compliance with, and potential liabilities under, employment, environmental, health, transportation, safety and other governmental laws and regulations;
risks related to our handling of personal information;
our employees, commercial partners and vendors may engage in misconduct or other improper activities;
violations of the U.S. Foreign Corrupt Practices Act, the U.K. Bribery Act, and other anti-corruption laws;
our failure to comply with international trade compliance regulations, and changes in U.S. government sanctions;
changes in laws, regulations, government policies or regulatory interpretations;
climate change and legal or regulatory responses thereto, and increasing scrutiny from stakeholders on environmental, social and other sustainability matters;
our ability to obtain, maintain and enforce our intellectual property and proprietary rights;
protection of our trademarks or trade names;
our reliance on access to intellectual property owned by third parties;
claims that our employees, consultants or advisors have wrongfully used or disclosed alleged trade secrets or other proprietary information or claims asserting ownership of intellectual property that we regard as our own;
our ability to enforce our intellectual property rights in all jurisdictions;
other risks related to our indebtedness, corporate structure and ownership of our common stock; and
other factors set forth in the respective “Risk Factors” section of this Quarterly Report on Form 10-Q and of our Annual Report on Form 10-K for the year ended December 31, 2025 (the “Annual Report on Form 10-K”).
Many of these factors are macroeconomic in nature and are, therefore, beyond our control. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, our actual results, performance or achievements may vary materially from those described in this Quarterly Report on Form 10-Q as anticipated, believed, estimated, expected, intended, planned or projected. The forward-looking statements included in this Quarterly Report on Form 10-Q are made only as of the date of this report. Unless required by United States federal securities laws, we neither intend nor assume any obligation to update these forward-looking statements for any reason after the date of this Quarterly Report on Form 10-Q to conform these statements to actual results or to changes in our expectations.
| HAYWARD HOLDINGS, INC. | |||
|---|---|---|---|
| Table of Contents | |||
| PART I—FINANCIAL INFORMATION | |||
| ITEM 1. | Financial Statements (unaudited) | 1 | |
| Unaudited Condensed Consolidated Balance Sheets | 1 | ||
| Unaudited Condensed Consolidated Statements of Operations | 2 | ||
| Unaudited Condensed Consolidated Statements of Comprehensive Income | 3 | ||
| Unaudited Condensed Consolidated Statements of Changes in Stockholders’ Equity | 4 | ||
| Unaudited Condensed Consolidated Statements of Cash Flows | 6 | ||
| Notes to Unaudited Condensed Consolidated Financial Statements | 8 | ||
| Note 1 Nature of Operations and Organization | 8 | ||
| Note 2 Significant Accounting Policies | 8 | ||
| Note 3 Revenue | 9 | ||
| Note 4 Inventories | 10 | ||
| Note 5 Accrued Expenses and Other Liabilities | 10 | ||
| Note 6 Income Taxes | 11 | ||
| Note 7 Long-Term Debt, Net | 11 | ||
| Note 8 Derivatives and Hedging Transactions | 12 | ||
| Note 9 Fair Value Measurements | 14 | ||
| Note 10 Segments and Related Information | 16 | ||
| Note 11 Earnings Per Share | 18 | ||
| Note 12 Commitments and Contingencies | 18 | ||
| Note 13 Leases | 20 | ||
| Note 14 Stockholders’ Equity | 20 | ||
| Note 15 Stock-based Compensation | 21 | ||
| Note 16 Acquisitions and Restructuring | 21 | ||
| Note 17 Related-Party Transactions | 22 | ||
| Note 18 Accumulated Other Comprehensive (Loss) Income | 23 | ||
| ITEM 2. | Management’s Discussion and Analysis of Financial Condition and Results of Operations | 25 | |
| ITEM 3. | Quantitative and Qualitative Disclosures About Market Risk | 41 | |
| ITEM 4. | Controls and Procedures | 41 | |
| PART II—OTHER INFORMATION | |||
| ITEM 1. | Legal Proceedings | 42 | |
| ITEM 1A. | Risk Factors | 43 | |
| ITEM 2. | Unregistered Sales of Equity Securities and Use of Proceeds | 43 | |
| ITEM 5. | Other Information | 44 | |
| ITEM 6. | Exhibits | 45 | |
| SIGNATURES | 46 | ||
i
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.