PENTAIR plc

Company facts

Industry

Special Industry Machinery (No Metalworking Machinery)

Headquarters

London

Most recent report

10-Q, filed Jul 28, 2026

Filings on record

1,000+ filings

On EDGAR

CIK 77360

Fiscal year ends

December

Filer status

Large accelerated filer

What to read: Jun 2026 10-Q

SECSift found 3 of 11 sections worth reading, with 1 positive, 6 notable, and 3 negative flags.

• Financial Statements (Item 1) Sales down 17%, Pool halved, $1.4B acquisition announced, heavy buybacks, rising costs.
  Notable

  • Acquisition of Taco for $1.425B in Q4 2026, financed with cash and $1.4B bridge facility.
• Management's Discussion (Item 2) Pool sales crashed 42%, Taco $1.4B deal, tariff refunds, rising costs – all material.
  Positive

  • Segment income rose 27.4% in Flow and 16.5% in Water Solutions in Q2 2026, helped by price and refunds.
  Notable

  • Received $34.9M in IEEPA tariff refunds in Q2 2026, partially offsetting inflationary costs.
  • Repaid $575M prior term loan with new $500M term loan and revolver, entered $1.4B bridge for Taco.
  • Repurchased $350M in shares in H1 2026, leaving $650M available under the $1B buyback authorization.
  Negative

  • Restructuring costs more than doubled to $34.6M in Q2 2026 from $14.3M, pressuring SG&A margins.
  • Pool net sales down 42.3% in Q2 2026 to $246.6M, destocking expected to shave ~$250M from 2026 revenue.
• Risk Factors (Item 1A) New company-specific risk factors with quantified debt and integration details.
  Notable

  • Anticipated benefits of Taco acquisition may not be realized or could take longer than expected.
  • Taco deal introduces new risks: integration costs, compliance upgrades, and potential undisclosed liabilities.
  Negative

  • Plans ~$1.4B new debt for Taco acquisition; total debt already $1.6B as of Q2 2026.

What changed: Jun 2026 vs. Mar 2026

About 19% of PNR's Jun 2026 10-Q is new information. 57 paragraphs were added, 134 changed, and 33 removed. Below are the most important lines SECSift identified.

• Item 2 83
• Item 1 31
• Item 1A 21
• Item 6 5
• Item 4 2
• Item 3 1
• Item 5 1