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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%
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:NetIncomeLoss.

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
Net loss from discontinued operations, net of taxes(5,653)
Net income170,915144,091
Less: net income attributable to noncontrolling interest2,394169
Net income attributable to ADS$168,521$143,922
Weighted average common shares outstanding:
Basic76,52677,641
Diluted77,02478,122
Net income from continuing operations per share available to common stockholders:

Item 1. Financial Statements (Unaudited)Page

FAQ

What is Advanced Drainage Systems's net income?
Advanced Drainage Systems (WMS) reported net income of $168.52M in Q2 2026.
How has Advanced Drainage Systems's net income changed year-over-year?
Advanced Drainage Systems's net income increased by 17.1% year-over-year, from $143.92M to $168.52M.
What is the long-term trend for Advanced Drainage Systems's net income?
Over 4 years (2021 to 2025), Advanced Drainage Systems's net income has grown at a 12.0% compound annual growth rate (CAGR), from $271.33M to $426.47M.
What does net income mean?
The bottom line — total revenue minus all expenses, taxes, and costs. Represents the profit attributable to the company's shareholders after all obligations are met.

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