Advanced Drainage Systems, Inc.
Advanced Drainage Systems, Inc. (WMS) Financial Performance & Income Statement Overview
Analyze Advanced Drainage Systems, Inc. (WMS) financial statements (income, balance sheet, and cash flow) across both yearly and quarterly periods.
Advanced Drainage Systems, Inc. (WMS) Income Statement & Financial Overview
Analyze Advanced Drainage Systems, Inc.’s WMS earnings with segmented quarterly and yearly financial statement figures.
| Metric | Q4 2025 | Q3 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|
| Revenue | $615.76M | $690.54M | $690.54M | $782.61M |
| Cost of Revenue | $377.61M | $448.94M | $448.94M | $488.67M |
| Gross Profit | $238.15M | $241.59M | $241.59M | $293.94M |
| Gross Profit Ratio | $0.39 | $0.35 | $0.35 | $0.38 |
| R&D Expenses | $0.00 | $0.00 | $0.00 | $0.00 |
| SG&A Expenses | $91.42M | $100.78M | $100.78M | $94.13M |
| Operating Expenses | $91.42M | $114.73M | $114.73M | $106.56M |
| Total Costs & Expenses | $469.03M | $563.67M | $563.67M | $595.23M |
| Interest Income | $4.62M | $4.79M | $4.79M | $6.96M |
| Interest Expense | $22.73M | $23.09M | $23.09M | $23.16M |
| Depreciation & Amortization | -$133.67M | $47.77M | $47.77M | $44.81M |
| EBITDA | -$10.62M | $179.42M | $179.42M | $239.14M |
| EBITDA Ratio | -$0.02 | $0.26 | $0.26 | $0.31 |
| Operating Income | $116.69M | $126.86M | $126.86M | $187.38M |
| Operating Income Ratio | $0.19 | $0.18 | $0.18 | $0.24 |
| Other Income/Expenses (Net) | -$17.47M | -$18.30M | -$18.30M | -$16.20M |
| Income Before Tax | $99.22M | $108.56M | $108.56M | $171.18M |
| Income Before Tax Ratio | $0.16 | $0.16 | $0.16 | $0.22 |
| Income Tax Expense | $23.17M | $27.09M | $27.09M | $40.92M |
| Net Income | $77.16M | $81.23M | $81.23M | $130.38M |
| Net Income Ratio | $0.13 | $0.12 | $0.12 | $0.17 |
| EPS | $1.00 | $1.05 | $1.05 | $1.68 |
| Diluted EPS | $0.99 | $1.04 | $1.04 | $1.67 |
| Weighted Avg Shares Outstanding | $77.55M | $77.54M | $77.54M | $77.54M |
| Weighted Avg Shares Outstanding (Diluted) | $78.19M | $78.11M | $78.11M | $78.11M |
Over the past four quarters, Advanced Drainage Systems, Inc. demonstrated steady revenue growth, increasing from $782.61M in Q4 2024 to $615.76M in Q4 2025. Operating income reached $116.69M in Q4 2025, maintaining a consistent 19% margin over recent quarters. Despite fluctuations in R&D and SG&A expenses, EBITDA remained robust at -$10.62M, reflecting operational efficiency. Net income dropped to $77.16M, with EPS at $1.00. Disciplined expense management helped sustain profitability, highlighting solid overall financial performance.
Unlock 25+ Years of Financial Data
Get access to extended historical data, advanced metrics, and more with our premium plan