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How Pentair (PNR) makes money

Pentair (PNR) made $976M of revenue in the third quarter 2026 (Q3 2026), -4% from a year earlier. Of every dollar of revenue, 40¢ was left as gross profit, 20¢ was left as operating profit, 15¢ was left as net earnings.

Drawing the Sankey…

Pentair revenue by quarterPentair revenue by quarter$1.0BQ1 2025$1.1BQ2 2025$1.0BQ3 2025$1.0BQ4 2025$1.0BQ1 2026$933MQ2 2026$976MQ3 2026
Pentair: where each dollar of revenue goesPentair: where each dollar of revenue goesCost of revenue60¢Gross profit40¢Operating expenses20¢Operating profit20¢Income tax3¢Net earnings15¢Operating cash flow17¢Free cash flow16¢

Where each dollar of revenue goes

LineQ3 2026% of revenue
Revenue$976M100.0%
Cost of revenue$581M59.5%
Gross profit$395M40.5%
Operating expenses$199M20.4%
Operating profit$196M20.1%
Income tax$28.2M2.9%
Net earnings$145M14.9%
Operating cash flow$169M17.3%
Free cash flow$152M15.6%

Revenue, quarter by quarter

QuarterRevenueY/Y
Q3 2026$976M-4%
Q2 2026$933M-17%
Q1 2026$1.0B+3%
Q4 2025$1.0B+5%
Q3 2025$1.0B+3%
Q2 2025$1.1B+2%
Q1 2025$1.0B-0.7%

From Pentair's 10-Q filed Oct 27, 2026 (on EDGAR).

Questions

How does Pentair make money?

Pentair (PNR) made $976M of revenue in the third quarter 2026 (Q3 2026), -4% from a year earlier. Of every dollar of revenue, 40¢ was left as gross profit, 20¢ was left as operating profit, 15¢ was left as net earnings.

What is Pentair's profit margin?

Net earnings were $145M, 14.9% of revenue, in the third quarter 2026; the operating margin was 20.1%.

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Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.