Latham (SWIM) Operating Expenses (2020 - 2026)

Over the twelve months ended Jun 27, 2026, Latham's Operating Expenses came in at $139.67 million, up 0.2% year-over-year; for FY2025, it came in at $122.57 million, down 3.6% from FY2024.

• Operating Expenses has declined for four consecutive years, though with a five-year compound annual growth rate of 7.5% (FY2020 to FY2025).
• By year, Operating Expenses came in at $127.21 million in FY2024 (-0.5%), $127.84 million in FY2023 (-19.3%), $158.44 million in FY2022 (-27.2%) and $217.78 million in FY2021 (+154.6%).
• The Q2 2026 figure ranks as the highest quarterly Operating Expenses since Q2 2022.
• Year over year, Operating Expenses gained in six of the last eight quarters, with growth averaging 15.2%.
• The high point for year-over-year Operating Expenses in five years was Q3 2021 (growth of 139.2%); the low point was Q2 2022 (a decline of 56.1%).
• Per Business Quant data, the three quarters before Q2 2026 came in at $36.59 million (Q1 2026), $31.42 million (Q4 2025) and $34.05 million (Q3 2025).