Pentair Q3 2026: sales down 4.5%, Pool off 18%, adjusted EPS beats
Pentair's third quarter was two stories: a shrinking Pool business and a profitable Flow and Water Solutions pair. Revenue fell 4.5% to $976.4 million and GAAP EPS dropped 18.8% to $0.91, but adjusted EPS of $1.18 came in above the $1.0871 consensus. The company reaffirmed its full-year adjusted EPS midpoint of about $4.70 while leaning on a fourth quarter that must grow 7% to 9%.
1 · Expected vs. Actual
Free preview belowGAAP EPS of $0.91 against $1.12 a year ago is an 18.8% decline and is 16.3% below the $1.0871 consensus. Adjusted EPS of $1.18 beats that same consensus by 8.5% and is down only 4.8% year over year, which is where the headline beat lives. The $0.27 per share gap between the two lines includes $3.4 million of deal costs and $16.1 million of transformation costs, and the quarter also absorbed roughly $8 million of IEEPA refunds that flattered reported profit.
Sales of $976.4 million were down 4.5% from $1.02 billion a year earlier (the release rounds it to 4 percent), and core sales — stripping out currency and deals — fell 5.5%. The entire shortfall came from Pool, which dropped 17.7%, while Flow rose 4.4% and Water Solutions 1.4%. Gross margin slipped to 40.5% from 41.0%, so volume and margin both went the wrong way.
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Figures on this page come from the company's original SEC filings. The analysis is generated automatically and checked against validation rules, but may still contain errors or omissions. Not investment advice. · Generated 2026-11-03
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