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Advanced Drainage Systems WMS Domestic Pipe — Net Sales

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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$11.38B+28.7%
Enterprise value$12.98B+34.8%
P/E25.2×+4.8×
P/S3.5×+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:RevenueFromContractWithCustomerExcludingAssessedTax.

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
(Amounts in thousands)Three Months Ended June 30, 2026Three Months Ended June 30, 2025
Stormwater
Domestic - Pipe$458,088$424,606
Domestic - Allied Products303,387187,506
International59,46748,491
Total Stormwater820,942660,603
Wastewater208,920194,962
Intersegment Eliminations(28,750)(25,685)
Consolidated Net Sales$1,001,112$829,880

Item 1. Financial Statements (Unaudited)Page

FAQ

What is Advanced Drainage Systems's domestic pipe — net sales?
Advanced Drainage Systems (WMS) reported domestic pipe — net sales of $458.09M in Q2 2026.
How has Advanced Drainage Systems's domestic pipe — net sales changed year-over-year?
Advanced Drainage Systems's domestic pipe — net sales increased by 7.9% year-over-year, from $424.61M to $458.09M.
What does domestic pipe — net sales mean?
This metric represents the total revenue generated from the sale of thermoplastic corrugated pipe products within the domestic market. It serves as a primary indicator of demand for the company's core water management infrastructure solutions across residential, agricultural, and civil construction sectors. Tracking this revenue stream helps investors assess the company's market penetration and the cyclical health of domestic construction activity.

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