AI-extracted from the 10-Q filed 2026-07-28 — Q2 FY2026 (quarter ended June 30, 2026). Every figure is machine-verified against the filing text on SEC EDGAR.
Net sales grew 10.5% YoY to $491.0M; operating income nearly doubled to $152.3M, boosted by $47.6M IEEPA tariff refund and productivity gains.
Biggest Revenue Drivers
Commercial$142.6M+13.6% YoY
Growth in commercial customer segment
All other$103.3M+2.2% YoY
Growth in remaining customer categories
Biggest Revenue Drivers
Total revenue: $491.0M+10.5% YoY
Commercial$142.6M+13.6% YoY
Growth in commercial customer segment
All other$103.3M+2.2% YoY
Growth in remaining customer categories
Largest Expense Items
Selling, general and administrative expenses$119.5M+10.4% YoY
Increased to support higher sales volume
Amortization of intangible assets$14.7M+0.7% YoY
Consistent amortization of acquired intangible assets
Margins: Operating margin expanded to 31.0% from 17.5% YoY, driven by the $47.6M tariff refund and 380 bps improvement in core operations from sales growth and ZEBS-led productivity initiatives. Excluding the tariff benefit, operating margin improved 380 basis points.
Watch Items from the Filing
$47.6M IEEPA tariff refund received in Q2 2026 is non-recurring; additional recovery opportunities remain uncertain subject to administrative and legal processes.
Company acquired Intellihot Inc. for ~$108.5M on July 21, 2026 (post-quarter) to expand tankless water heater solutions; integration and synergy realization pending.
Total debt of $499.1M; Total Net Leverage Ratio 0.36x as of June 30, 2026, well below 4.0x covenant; strong liquidity with $365.0M cash and $540.3M revolving credit availability.
AI-extracted and verified against SEC EDGAR filing text. Not investment advice.
About Zurn Elkay Water Solutions Corp (ZWS): stock profile, AI score and financials
Zurn Elkay Water Solutions Corp (ZWS) stock profile, AI quality score, and SEC EDGAR financial data, a Industrials sector company. 13F Pro's AI-powered ranking engine scores ZWS at 65.2/100 on a composite quality score built from its SEC filings, placing it at rank #487 of 2,925 stocks — the top 25% of the AI-ranked universe. ZWS scores in the top quartile across balance sheet strength (85.8), profitability (79.1), free cash flow (75.7). Shareholder dilution risk is elevated at 35.9/100, reflecting ongoing share issuance or stock-based compensation. Based on the latest XBRL financial filings (Q1 2027), Zurn Elkay Water Solutions Corp reports quarterly revenue of $491.0M, net income of $113.3M, an operating margin of 31.0%. Top institutional holders of ZWS by reported 13-F value include BlackRock, VANGUARD PORTFOLIO MANAGEMENT, KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT, based on the most recent SEC filings. ZWS trades on the NYSE exchange and files with the SEC under CIK 1439288. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate ZWS daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for Zurn Elkay Water Solutions Corp directly from SEC EDGAR.