Filing Flows › Pentair (PNR) › Q1 2026
Pentair (PNR) Q1 2026 earnings results (first quarter 2026)
10-Q filed Apr 28, 2026
Pentair (PNR) reported revenue of $1.0B for the first quarter 2026 (Q1 2026), +3% from a year earlier and +2% from the quarter before. Operating margin was 20.3%, net earnings $172M (16.6% of revenue).
Pentair, Q1 2026: revenue $1.0B (+3% year over year), operating margin 20.3%, net earnings $172M, operating cash flow −$67.4M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.0B | +2% | +3% |
| Gross profit | $433M | +5% | +7% |
| Operating profit | $210M | +2% | +3% |
| Net earnings | $172M | +4% | +11% |
| Operating cash flow | −$67.4M | -233% | — |
What changed
Revenue was $1.0B in Q1 2026, up 3% year over year and up 2% from the previous quarter.
Gross margin was 41.8%, up 1.9 points from Q1 2025. Operating profit was $0.21B, a 20.3% margin (up 0.2 points year over year). Of the extra revenue versus Q1 2025, 26% reached operating profit, above the 20% margin then. Operating expenses grew 12% against revenue growth of 3%. The fastest-growing cost line was SG&A (+13%). Net earnings were $0.17B, up 11% year over year. The effective tax rate was 14.2%.
Operating cash flow was −$0.07B. Non-cash charges added back $0.03B of depreciation and amortization and $0.02B of share-based compensation. Working capital and other items used $0.29B. Capital expenditures of $0.02B exceeded it, leaving free cash flow of −$0.09B.
Questions
What was Pentair's revenue in the first quarter 2026?
Pentair (PNR) reported revenue of $1.0B for the first quarter 2026 (Q1 2026), +3% from a year earlier and +2% from the quarter before.
Was Pentair profitable in the first quarter 2026?
Operating profit was $210M (20.3% of revenue) and net earnings $172M.
Source: Pentair 10-Q on SEC EDGAR.