Hayward Q2 Earnings Beat Expectations with Revenue Up 5.3% YoY

Hayward Holdings (NYSE:HAYW) reported Q2 CY2025 results with revenue up 5.3% YoY to $299.6 million, beating analysts' expectations. Non-GAAP profit was $0.24 per share, 6.1% above consensus estimates. The company lifted its revenue guidance for the full year to $1.09 billion and maintained EBITDA guidance of $285 million. Management attributed the performance to margin expansion, favorable product mix, and disciplined execution in North America and Europe.

Hayward Holdings (NYSE: HAYW) has reported its Q2 CY2025 results, showcasing a robust performance that exceeded analysts' expectations. The company's revenue rose by 5.3% year-over-year (YoY) to $299.6 million, surpassing the consensus estimate of $289.8 million. The non-GAAP profit per share was $0.24, which was 6.1% above the analysts' consensus estimate of $0.23.

The company also lifted its full-year revenue guidance to $1.09 billion, maintaining its EBITDA guidance of $285 million. Management attributed the strong performance to margin expansion, a favorable product mix, and disciplined execution in both North America and Europe.

The aftermarket segment, which accounts for approximately 85% of Hayward's sales, remained resilient despite pressures in more discretionary categories such as new pool construction and remodeling. Homeowners prioritized maintenance and minor upgrades over large-scale projects, supporting steady demand for replacement parts and automation add-ons.

Hayward's acquisition of ChlorKing contributed to a doubling of commercial sales in North America year-to-date, and management sees this as a cornerstone for further commercial segment growth. Integration has yielded anticipated sales and operational synergies.

Operational improvements, SKU rationalization, and increased automation drove a record 52.7% gross margin, with North America leading the gains. Management emphasized the importance of ongoing cost control and efficiency gains in supporting the company's guidance.

Hayward's CEO Kevin Holleran highlighted the 10th consecutive quarter of year-over-year gross margin expansion, a direct result of the strong performance of the commercial and operations teams. The company's CFO Eifion Jones noted that the completion of operational mitigation programs will help open up the gross profit margin percentage.

Hayward's outlook for the remainder of the year is shaped by ongoing investments in automation, product innovation, and efforts to mitigate tariff impacts through supply chain adjustments. The company expects that tariff-related price actions and operational mitigation programs will help protect profitability, even as certain cost headwinds persist.

References:
[1] https://www.marketbeat.com/instant-alerts/filing-envestnet-asset-management-inc-purchases-23790-shares-of-hayward-holdings-inc-nysehayw-2025-08-03/
[2] https://finance.yahoo.com/news/hayw-q2-deep-dive-margin-044840452.html