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PNR · Q2 2026
Archived report (Q2 2026). Latest deep dive →
The quarter in brief
Revenue fell 17.0% y/y to $933M, operating margin 17.9% vs 19.4%, net income $129M (−13.4% y/y).
Net income
$129M
down 13.4% y/y
Net sales
$933M
down 17.0% y/y
Operating income
$167M
down 23.5% y/y
Gross profit
$395M
down 13.5% y/y
All figures in $M.
| Line item | Amount and change |
|---|---|
| Net sales | $933 · −17.0% |
| Cost of goods sold | $538 · −19.3% |
| Gross profit | $395 · −13.5% · 42.4% margin |
| Selling, general and administrative | $205 · −4.2% |
| Research and development | $23.7 · −5.6% |
| Operating income | $167 · −23.5% · 17.9% margin |
| Other expense | $0.2 · −80.0% |
| Net interest expense | $19.4 · +8.4% |
| Income from continuing operations before income taxes | $147 · −14.8% |
| Provision for income taxes | $18.3 · −23.7% · 12.5% effective rate |
| Net income | $129 · −13.4% · $0.80/sh · 13.8% margin |
Verdict: revenue fell 17.0% y/y to $933M, operating margin 17.9% vs 19.4%, net income $129M (−13.4% y/y).
Results include approximately $35 million of IEEPA refunds, and Pentair repurchased $150 million of ordinary shares.
Source and notation
Source: Pentair press release, 8-K EX-99.1 of 07/28/2026 (SEC EDGAR). Every figure was matched against the income statement in the release and checked against SEC XBRL.
Open as an image: PNR, Q2 2026 (PNG) ↗ · for sharing and presentations · free to reuse, CC BY 4.0
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Chart: “PNR Q2 2026: where the revenue went” by Who Reports Today, https://whoreportstoday.com/t/pnr/q2-2026. Licensed under CC BY 4.0.
<figure> <a href="https://whoreportstoday.com/t/pnr/q2-2026"><img src="https://whoreportstoday.com/t/pnr/q2-2026/sankey.png" alt="PNR Q2 2026: where the revenue went" loading="lazy" style="max-width:100%;height:auto"></a> <figcaption>Source: <a href="https://whoreportstoday.com/t/pnr/q2-2026">Who Reports Today</a>, licensed under <a href="https://creativecommons.org/licenses/by/4.0/">CC BY 4.0</a></figcaption> </figure>
https://whoreportstoday.com/t/pnr/q2-2026/sankey.png
<a href="https://whoreportstoday.com/t/pnr/q2-2026">PNR Q2 2026 earnings chart (Who Reports Today)</a>
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- Sales fell 17 percent, driven by a Pool channel inventory destock of approximately $170 million.
- Gross margin was 42.4% vs 40.7% a year earlier.
- Operating income was $167M, a 17.9% margin vs 19.4% a year earlier.
- The effective tax rate was 12.5% vs 13.9% a year earlier.
- Diluted EPS was $0.80 vs $0.90 a year earlier.
What distorts the picture in this report and what to watch beyond the headlines.
PNR — an Irish-incorporated water solutions company that makes pumps, valves, filtration and water treatment equipment for homes, businesses and industry, plus pool and spa equipment.
It makes money in three segments: Flow (pumps and fluid handling), Water Solutions (water treatment and filtration) and Pool. · Source: annual report (Form 10-K, SEC)
Heads-up
- net income fell 13% y/y in Q2 2026
- revenue fell 17% y/y in Q2 2026
Net income for Q2 2026: $129M, −13% y/y. In the report's figures: revenue −17% y/y. Based on the Q2 2026 report.
The company's report ↗Revenue for Q2 2026: $933M, −17% y/y. Based on the Q2 2026 report.
The company's report ↗More reports: PWR · Q2 2026 · ROK · Q3 FY2026 · ROL · Q2 2026 · RSG · Q2 2026 · RTX · Q3 2026 · SNA · Q3 2026 · SWK · Q2 2026 · TDG · Q3 FY2026 · TT · Q2 2026 · TXT · Q2 2026 · all reports