Quarterly ResultAug 6, 2026, 04:17 PM
Advanced Drainage Systems Q1 Net Sales +20.6% to $1.0B; EPS $2.19
AI Summary
Advanced Drainage Systems reported strong first-quarter results with net sales increasing 20.6% to $1.0 billion and diluted EPS rising 19.0% to $2.19. The company continued its 2026 Restructuring Plan, incurring $5.3 million in costs, and recorded a net loss of $5.7 million from discontinued operations. The quarter also saw significant share repurchases totaling $233.2 million.
Key Highlights
- Net sales increased 20.6% to $1,001.1 million.
- Net income attributable to ADS rose 17.1% to $168.5 million.
- Diluted EPS grew 19.0% to $2.19.
- Stormwater segment net sales increased 24.3% to $820.9 million.
- Wastewater segment net sales increased 7.2% to $208.9 million.
- Repurchased $233.2 million of common stock.
- Incurred $5.3 million in 2026 Restructuring Plan costs.
- Reported a $5.7 million net loss from discontinued operations.
Price Impact
More from WMS