| Metric | Value ($ M) | Q2 FY26 | Q3 FY25 |
|---|---|---|---|
| Revenue | 693.35 | 18.5% | 0.4% |
| Total Income | 693.35 | 18.5% | 0.4% |
| Expenditure | 556.53 | 11.3% | 1.3% |
| PBT | 122.74 | 41.0% | 13.1% |
| Net Profit | 93.63 | 40.0% | 15.3% |
| OPM | 19.73% | 6.52pp | 1.36pp |
| NPM | 13.50% | 4.84pp | 1.74pp |
| EPS | 1.20 | 40.3% | 14.3% |
Advanced Drainage Systems Reports Q3 FY26 Revenue Flat, Adj. EBITDA Margin Up 240 bps
04 May 2026 · 4 May, 1:24 am
Summary
Advanced Drainage Systems announced its Q3 Fiscal Year 2026 results, reporting flat revenue at $693 million. However, the adjusted EBITDA margin saw a significant increase of 240 bps, reaching 30.2%. The company completed the acquisition of NDS and approved a $1 billion share repurchase program. Updated fiscal year 2026 guidance includes the impact of the NDS acquisition, with expectations for net sales between $2.990 and $3.040 billion and adjusted EBITDA between $930 and $960 million.
Key Highlights
- 1
Advanced Drainage Systems reported flat sales of $693 million in Q3 FY26 compared to Q3 FY25.
- 2
Adjusted EBITDA margin increased by 240 bps to 30.2% in Q3 FY26, driven by favorable volume and price/cost performance.
- 3
Allied product revenue increased by 9% due to growth in StormTech chambers, Nyloplast basins, and Water Quality products.
- 4
The company closed the acquisition of NDS on February 2, 2026, for approximately $1 billion.
- 5
A $1 billion share repurchase authorization was approved by the Board of Directors, bringing the total available to $1.148 billion.
- 6
The company updated its FY26 guidance to reflect year-to-date results and the NDS acquisition.
- 7
Year-to-date consolidated Free Cash Flow increased by $208 million to $582 million.
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