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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$11.48B+29.6%
Enterprise value$13.08B+35.7%
P/E25.5×+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:InterestIncomeExpenseNonoperatingNet.

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
Intangible amortization20,06013,707
Income from operations254,548205,746
Other expense:
Interest expense27,04023,029
Interest income and other, net(1,452)(6,705)
Income before income taxes228,960189,422
Income tax expense53,68946,674
Equity in net income of unconsolidated affiliates(1,297)(1,343)

Item 1. Financial Statements (Unaudited)Page

FAQ

What is Advanced Drainage Systems's interest expense?
Advanced Drainage Systems (WMS) reported interest expense of -$27.04M in Q2 2026.
How has Advanced Drainage Systems's interest expense changed year-over-year?
Advanced Drainage Systems's interest expense decreased by 17.4% year-over-year, from -$23.03M to -$27.04M.
What is the long-term trend for Advanced Drainage Systems's interest expense?
Over 4 years (2021 to 2025), Advanced Drainage Systems's interest expense has grown at a 29.3% compound annual growth rate (CAGR), from -$33.55M to -$93.87M.
What does interest expense mean?
Cost of borrowing — interest paid or accrued on bonds, bank loans, credit facilities, finance leases, and other debt obligations.

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