Hayward Holdings Inc 2025年度报告

FORM 10-K (Mark One) For the fiscal year ended December31, 2025 or☐TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission file number 001-40208 Hayward Holdings, Inc. 82-2060643 Registrant’s telephone number, including area code Securities registered pursuant to Section 12(b) of the Act: Securities registered pursuant to Section 12(g) of the Act: None Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act.☒Yes☐No Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act.☐Yes☒No Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the SecuritiesExchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports),and (2) has been subject to such filing requirements for the past 90 days.☒Yes☐No Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submittedpursuant to Rule 405 of Regulation S-T (§ 232.405 of this chapter) during the preceding 12 months (or for such shorter period that theregistrant was required to submit such files).☒Yes☐No Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smallerreporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smallerreporting company” and “emerging growth company” in Rule 12b-2 of the Exchange Act. If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period forcomplying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐ Indicate by check mark whether the registrant has filed a report on and attestation to its management’s assessment of the effectivenessof its internal control over financial reporting under Section 404(b) of the Sarbanes-Oxley Act (15 U.S.C. 7262(b)) by the registeredpublic accounting firm that prepared or issued its audit report.☒ If securities are registered pursuant to Section 12(b) of the Act, indicate by check mark whether the financial statements of theregistrant included in the filing reflect the correction of an error to previously issued financial statements.☐ Indicate by check mark whether any of those error corrections are restatements that required a recovery analysis of incentive-basedcompensation received by any of the registrant’s executive officers during the relevant recovery period pursuant to §240.10D-1(b).☐ Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Act).☐Yes☒No The aggregate market value of the 212,120,869 shares of common stock held by non-affiliates of the registrant, computed by referenceto the closing price as reported on the New York Stock Exchange as of the last business day of the registrant’s most recently completedsecond fiscal quarter, June 27, 2025, was approximately $2,929,389,201. As of February 23, 2026, there were 217,207,659 shares of the registrant’s common stock outstanding. DOCUMENTS INCORPORATED BY REFERENCE Portions of the definitive proxy statement for the registrant’s annual meeting of stockholders, to be filed with the U.S. Securities andExchange Commission within 120 days after the conclusion of the registrant’s fiscal year ended December 31, 2025, pursuant toRegulation 14A of the Securities Exchange Act of 1934, as amended, are incorporated by reference into Part III of this annual reporton Form 10-K to the extent described therein. HAYWARD HOLDINGS, INC.Table of Contents Part I Item 1. BusinessItem 1A. Risk FactorsItem 1B. Unresolved Staff CommentsItem 1C. CybersecurityItem 2. PropertiesItem 3. Legal ProceedingsItem 4. Mine Safety DisclosuresInformation about our Executive Officers Item 5. Market for Registrant's Common Equity, Related Stockholder Mattersand Issuer Purchases of Equity Securities38Item 6. [Reserved]39Item 7. Management's Discussion and Analysis of Financial Condition and Results of Operations40Item 7A. Quantitative and Qualitative Disclosures about Market Risk57Item 8. Financial Statementsand Supplementary Data58Item 9. Changes in and Disagreements with Accountants on Accounting and Financial Disclosures111Item 9A. Controls and Procedures111Item 9B. Other Information112Item 9C. Disclosure Regarding Foreign Jurisdictions that Prevent Inspections112 Item 10. Directors, Executive Officersand Corporate Governance112Item 11. Executive Compensation112Item 12. Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters113Item 13. Certain Relationships and Related Transactions, and Director Independence113Item 14. Principal Accountant Fees and Services113