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Northwest Pipe NWPX Water Transmission Systems — Gross Profit

Other segment segments

Precast Infrastructure And Engineered Systems
$9.35M+30.0%

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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:GrossProfit.

The source filing: Northwest Pipe’s 10-Q, filed April 30, 2026.

Filed
Apr 30, 2026, 4:03 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001437749-26-014185
Line itemThree Months Ended / 2026Three Months Ended / 2025
Cost of sales:
Water Transmission Systems (1)$76,134$66,272
Precast Infrastructure and Engineered Systems (2)35,45530,478
Total cost of sales$111,589$96,750
Gross profit:
Water Transmission Systems$17,319$12,174
Precast Infrastructure and Engineered Systems9,3467,191
Total gross profit$26,665$19,365

Item 1. Financial Statements

FAQ

What is Northwest Pipe's water transmission systems — gross profit?
Northwest Pipe (NWPX) reported water transmission systems — gross profit of $17.32M in Q1 2026.
How has Northwest Pipe's water transmission systems — gross profit changed year-over-year?
Northwest Pipe's water transmission systems — gross profit increased by 42.3% year-over-year, from $12.17M to $17.32M.
What is the long-term trend for Northwest Pipe's water transmission systems — gross profit?
Over 2 years (2023 to 2025), Northwest Pipe's water transmission systems — gross profit has grown at a 25.8% compound annual growth rate (CAGR), from $42.43M to $67.14M.
What does water transmission systems — gross profit mean?
This metric represents the residual profit after deducting the direct costs of production from the total revenue generated by the water transmission segment. It serves as a key indicator of the segment's pricing power and manufacturing cost control. A healthy gross profit margin in this segment is essential for covering operating expenses and generating overall corporate profitability.

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