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Segments

By segment

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Stormwater$25.64M+25.7%
Wastewater$18.87M
Other Operating Segment$2.79M

Other financials

Income statement

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Revenue$1.0B+20.6%
Gross profit$408.0M+23.5%
Operating income$254.5M+23.7%
Net income$168.5M+17.1%
EPS (diluted)$2.19+19.0%

Balance sheet

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Cash & equivalents$162.4M-74.8%
Total debt$1.8B+23.5%
Total equity$1.8B+7.2%
Total assets$4.5B+15.3%

Cash flow

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Operating cash flow$260.4M-5.3%
CapEx$57.2M+8.7%
Free cash flow$203.2M-8.6%

Valuation

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Market cap$11.47B+29.6%
Enterprise value$13.07B+35.7%
P/E25.4×+5.0×
P/S3.6×+0.5×

Profitability

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Gross margin38.6%+1.2pp
Operating margin20.7%-1.1pp
Net margin14%-0.8pp
FCF margin17.5%+1.4pp

Returns & leverage

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Return on equity26.1%-3.4pp
Debt / equity+0.1×
Current ratio2.1×-1.1×

Where this comes from

Reported directly by Advanced Drainage Systems in its filing.

Tagged under the XBRL concept us-gaap:AmortizationOfIntangibleAssets.

The source filing: Advanced Drainage Systems’s 10-Q, filed August 6, 2026.

Filed
Aug 6, 2026, 4:08 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q2 2026
Accession
0001604028-26-000037
Line itemThree Months Ended June 30, 2026Three Months Ended June 30, 2025
Operating expenses:
Selling, general and administrative130,818103,961
Loss on disposal of assets and costs from exit and disposal activities2,6217,024
Intangible amortization20,06013,707
Income from operations254,548205,746
Other expense:
Interest expense27,04023,029
Interest income and other, net(1,452)(6,705)

Item 1. Financial Statements (Unaudited)Page

FAQ

What is Advanced Drainage Systems's D&A?
Advanced Drainage Systems (WMS) reported D&A of $20.06M in Q2 2026.
How has Advanced Drainage Systems's D&A changed year-over-year?
Advanced Drainage Systems's D&A increased by 46.3% year-over-year, from $13.71M to $20.06M.
What is the long-term trend for Advanced Drainage Systems's D&A?
Over 4 years (2021 to 2025), Advanced Drainage Systems's D&A has grown at a -1.8% compound annual growth rate (CAGR), from $63.97M to $59.42M.
What does D&A mean?
Non-cash expense representing the systematic allocation of tangible asset costs (depreciation) and intangible asset costs (amortization) over their useful lives.

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