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Northwest Pipe NWPX US — Revenue (Gross)

Other geography segments

CA
$38.39M+120%

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Other financials

Income statement

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Revenue$138.3M+19.1%
Gross profit$26.7M+37.7%
Operating income$12.7M+127%
Net income$10.5M+166%
EPS (diluted)$1.08+177%

Balance sheet

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Cash & equivalents$14.3M+170%
Total debt$102.4M-0.8%
Total equity$403.7M+6.7%
Total assets$634.1M+8.9%

Cash flow

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Operating cash flow$29.3M+504%
CapEx$3.5M-5.5%
Free cash flow$25.8M+2,090%

Valuation

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Market cap$1.14B+175%
Enterprise value$1.23B+134%
P/E27.2×+14.8×
P/S2.1×+1.2×

Profitability

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Gross margin20.2%+1.1pp
Operating margin10.6%+1.5pp
Net margin7.7%+1.0pp
FCF margin13.1%-0.3pp

Returns & leverage

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Return on equity10.7%+1.6pp
Debt / equity0.3×0.0×
Current ratio2.7×-1.3×

Where this comes from

Reported directly by Northwest Pipe in its filing.

Tagged under the XBRL concept us-gaap:RevenueFromContractWithCustomerIncludingAssessedTax.

The source filing: Northwest Pipe’s 10-K, filed February 26, 2026.

Filed
Feb 26, 2026, 4:08 PM EST
Fiscal year
FY2025
Accession
0001437749-26-005861
Line itemYear Ended December 31, 2025Year Ended December 31, 2024Year Ended December 31, 2023
Net sales by geographic region:
United States$487,614$475,105$420,925
Canada38,38917,44323,430
Total$526,003$492,548$444,355

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FAQ

What is Northwest Pipe's US — revenue (gross)?
Northwest Pipe (NWPX) reported US — revenue (gross) of $121.9M in Q4 2025.
How has Northwest Pipe's US — revenue (gross) changed year-over-year?
Northwest Pipe's US — revenue (gross) increased by 2.6% year-over-year, from $118.78M to $121.9M.
What is the long-term trend for Northwest Pipe's US — revenue (gross)?
Over 4 years (2021 to 2025), Northwest Pipe's US — revenue (gross) has grown at a 11.7% compound annual growth rate (CAGR), from $313.73M to $487.61M.
What does US — revenue (gross) mean?
This metric represents the total gross revenue generated from contracts with customers within the specified geographic segment, inclusive of any assessed taxes. It serves as a primary indicator of the company's market penetration and demand for its infrastructure products within this specific region. Tracking this figure allows investors to assess the scale of operations and the growth trajectory of the business in this key market.

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