Advanced Drainage Systems revenue and financials

WMS · NYSE · USD

$125.77−3.31%−$4.30

Close · October 7, 2026

In the fiscal year ended March 2026, Advanced Drainage Systems reported revenue of $3.05B (+5.03% year over year). Net income was $426.47M, a net margin of 14.0%.

Annual revenue · 2026: $3.05B
  1. $2.77B2022
  2. $3.07B2023
  3. $2.87B2024
  4. $2.9B2025
  5. $3.05B2026

Fiscal year ending in March. Sources and method on the page Methodology and sources.

At a glance

Revenue growth
+5.03%
FY to Mar 2026 vs FY to Mar 2025
Net income growth
−5.27%
FY to Mar 2026 vs FY to Mar 2025
Net margin
14.0%
FY to Mar 2025: 15.5%

Financial data

Amounts in millions of USD; per-share values in USD; shares in millions.

ItemQ2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023
Total revenue1,001677693850830616691783815654662780
Cost of revenue593439434510499392447489483402403478
Gross profit408238259340330224244294332252260303
Selling, general and administrative124114100.011410182.110194.194.110191.391.7
Operating income264105146213216127129188227138156198
EBIT264105146213216127129188227138156198
EBITDA326145197268266159176233268164194235
Interest expense27.025.122.623.123.022.723.123.222.822.922.321.9
Pre-tax income23040.6125209191100.0109172212122137185
Income tax53.75.430.652.446.723.227.140.949.926.330.147.5
Net income16932.993.615614477.281.213016194.8106136
Net income to common shareholders16932.993.615614477.281.213016194.8106136
Basic EPS2.200.421.202.011.850.991.051.682.081.221.361.73
Diluted EPS2.190.421.191.991.840.991.041.672.061.211.341.71
Average shares (basic)76.577.877.877.877.677.677.577.577.577.677.978.6
Average shares (diluted)77.078.578.478.378.178.178.178.178.378.578.679.3
Dividend per share0.200.180.180.180.180.160.160.160.160.140.140.14