Hayward Holdings, Inc. · NYSE:HAYW
Hayward — Q2 2026 Earnings Presentation
26 slides from Hayward's earnings presentation, Jul 29, 2026
Slide 1: Second Quarter 2026 Earnings
SECOND QUARTER 2026 EARNINGS July 29, 2026 © 2026 Hayward Holdings, Inc.
Slide 2: Second Quarter 2026 Earnings Call
SECOND QUARTER 2026 EARNINGS CALL KEVIN HOLLERAN President and Chief Executive Officer EIFION JONES Senior Vice President and Chief Financial Officer KEVIN MACZKA Vice President of Investor Relations and FP&A NYSE: HAYW © 2026 Hayward Holdings, Inc. 2
Slide 3: Forward-Looking Statements and Non-GAAP Financial Measures
Forward-Looking Statements and Non-GAAP Financial Measures Forward-Looking Statements This presentation includes certain statements that are “forward-looking statements” as that term is defined under the Private Securities Litigation Reform Act of 1995 that are based on the beliefs of Hayward’s mana
Slide 4: Key Messages
Key Messages Delivered another strong quarter; net sales +6% YoY in Q2, +9% in H1 2026 Focused execution of aftermarket growth strategies, operational excellence initiatives Completed debt refinancing; extended maturities, reduced cost of capital, added flexibility Reduced net leverage1 to 1.5x, low
Slide 5: Financial Overview
Financial Overview Q2 2026 YoY Net Sales $318.4M +6% Gross Profit Margin 48.7% -50 bps RESULTS REFLECT: Adj. EBITDA1 $92.7M +5% ▪ Continued strong execution Adj. EBITDA Margin1 29.1% -40 bps ▪ Resilient installed base aftermarket Adj. Diluted EPS1 $0.26 +8% ▪ Positive net price realization and stabl
Slide 6: Advancing Our Growth Strategy
Advancing Our Growth Strategy Customer Intimacy: Driving Sales and Share Operational Excellence: Driving Profitable Growth Product Innovation Continued Proactive Cost Reductions ✓ Increased RD&E investments; LTM New Product Vitality up to 23% ✓ Increased investments in automation and productivity ✓
Slide 7: Second Quarter 2026 Financials
Second Quarter 2026 Financials NET SALES +6.3% YoY ▪ Net price +6% NET SALES OF $318.4M ▪ Volume ~flat ▪ F/X ~flat GROSS PROFIT MARGIN OF 48.7% ▪ Reduced 50 bps from a record1 level in the year-ago period GROSS PROFIT OF $155.1M ▪ NAM reduced 90 bps YoY ▪ ERW increased 50 bps YoY ADJ. EBITDA MARGIN2
Slide 8: Second Quarter 2026 Segment Overview
Second Quarter 2026 Segment Overview NORTH AMERICA EUROPE & REST OF WORLD NET SALES GROSS PROFIT ADJ. SEGMENT INCOME1 NET SALES GROSS PROFIT ADJ. SEGMENT INCOME1 $277.7M $140.0M $97.1M $40.7M $15.4M $7.4M YoY Change: Gross Profit Margin: Adj. Segment YoY Change: Gross Profit Margin: Adj. Segment +8.
Slide 9: First Half 2026 Segment Overview
First Half 2026 Segment Overview NORTH AMERICA EUROPE & REST OF WORLD NET SALES GROSS PROFIT ADJ. SEGMENT INCOME1 NET SALES GROSS PROFIT ADJ. SEGMENT INCOME1 $487.5M $242.4M $154.4M $86.1M $31.7M $16.2M YoY Change: Gross Profit Margin: Adj. Segment YoY Change: Gross Profit Margin: Adj. Segment +10.2
Slide 10: Successful Debt Refinancing
Successful Debt Refinancing Extended Maturities, Reduced Interest Expense Debt Maturity Profile ($M) Refinancing Highlights Term Loan B ✓ Replaced the $955M First Lien Term Loan B due 2028 with a new $960M 7-year Term Loan B, extending the maturity to 2033 ✓ Repriced to SOFR + 200 bps and removed th
Slide 11: Balance Sheet and Cash Flow Highlights
Balance Sheet and Cash Flow Highlights BALANCE SHEET ($M) CASH FLOW ($M) 6/27/2026 YTD YTD 2026 2025 Cash and cash equivalents $304 Cash flows from operating activities $172 $188 $600M fixed rate, Short-term investments $179 remainder variable Less capex6 ($18) ($13) Total debt principal $965 Blende
Slide 12: Capital Allocation Priorities
Capital Allocation Priorities GROWTH INVESTMENTS 1 • Innovative new product development, IoT digital leadership • Commercial programs, dealer conversions • Operational excellence, productivity, automation, footprint optimization Funding strategic 2 STRATEGIC M&A • Pipeline of opportunities to comple
Slide 13: FY 2026 Financial Outlook
FY 2026 Financial Outlook Net sales up ~5% YoY OUTLOOK REFLECTS: Adjusted diluted EPS1 of $0.84 to $0.87, up ~9% to 13% YoY ▪ Continued profitable growth Free cash flow1 of ~$200M, >100% of net income ▪ Resilient aftermarket demand ▪ Positive net price realization ▪ Balanced channel inventory levels
Slide 14: Key Messages
Key Messages Delivered another strong quarter; net sales +6% YoY in Q2, +9% in H1 2026 Focused execution of aftermarket growth strategies, operational excellence initiatives Completed debt refinancing; extended maturities, reduced cost of capital, added flexibility Reduced net leverage1 to 1.5x, low
Slide 15: Company Overview
COMPANY COMPANY OVERVIEW OVERVIEW © 2026 Hayward Holdings, Inc. 15
Slide 16: Hayward at a Glance
Hayward at a Glance ✓ Global leader in pool and outdoor living technology with a highly recognized and trusted brand $1.12B 7% Net Sales ✓ Strong, recurring aftermarket sales driven by one of the largest installed bases in the world 2025 6-year CAGR Net Sales ✓ Energy-efficient, environmentally sust
Slide 17: Why Invest in Hayward?
Why Invest in Hayward? • Secular tailwinds (sunbelt migration, healthy outdoor living) Attractive • Large installed base that grows every year Industry • Disciplined industry, demonstrated pricing power • Aftermarket1 sales mix ~85% Recurring • Majority non-discretionary purchases to maintain existi
Slide 18: Corporate Strategy
Corporate Strategy Organic • Execute global product and technology leadership roadmaps Growth • Advance regional sales & marketing strategies • Expand customer experience initiatives • Accelerate growth plans in Commercial Pool and Flow Control markets Margin • Proven culture of operational excellen
Slide 19: Attractive Long-Term Growth Dynamics
Attractive Long-Term Growth Dynamics Secular Tailwinds Industry Drivers Competitive Advantages ✓ Healthy outdoor living ✓ Growing, aging installed base ✓ Strong brand and installed base ✓ Sunbelt migration ✓ Non-discretionary aftermarket ✓ Technology leadership spending ✓ “Smart home” IoT adoption ✓
Slide 20: Appendix: Non-GAAP Reconciliations
APPENDIX APPENDIX Non-GAAP Reconciliations Non-GAAP Reconciliations © 2026 Hayward Holdings, Inc. 20
Slide 21: Adjusted EBITDA & Adjusted EBITDA Margin Reconciliation
Adjusted EBITDA & Adjusted EBITDA Margin Reconciliation APPENDIX © 2026 Hayward Holdings, Inc. 21
Slide 22: Adjusted EBITDA & Adjusted EBITDA Margin Last Twelve Months
Adjusted EBITDA & Adjusted EBITDA Margin Last Twelve Months Reconciliation APPENDIX © 2026 Hayward Holdings, Inc. 22
Slide 23: Adjusted Net Income & Adjusted EPS Reconciliation
Adjusted Net Income & Adjusted EPS Reconciliation APPENDIX © 2026 Hayward Holdings, Inc. 23
Slide 24: Adjusted Segment Income Reconciliation
Adjusted Segment Income Reconciliation APPENDIX © 2026 Hayward Holdings, Inc. 24
Slide 25: Net Leverage Reconciliation
Net Leverage Reconciliation APPENDIX © 2026 Hayward Holdings, Inc. 25
Slide 26: Thank You
THANK YOU © 2026 Hayward Holdings, Inc. 26