ADVANCED DRAINAGE SYSTEMS, INC.

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.

Advanced Drainage Systems, Inc. announced strong financial results for the first quarter of fiscal 2027, with net sales increasing 20.6% to $1.0 billion and diluted EPS from continuing operations rising 22.8% to $2.26. Adjusted EBITDA grew 28.8% to $358.3 million, driven by organic growth, the NDS acquisition, and favorable price/cost management. The company's Board of Directors also approved a quarterly cash dividend of $0.20 per share, an 11% increase, payable on September 15, 2026. Fiscal 2027 financial targets for net sales and Adjusted EBITDA were reaffirmed.

Advanced Drainage Systems, Inc. held its 2026 Annual Meeting of Stockholders on July 16, 2026, where all three proposals were approved. Stockholders elected nine directors, ratified Deloitte & Touche LLP as the independent auditor for fiscal year 2027, and gave advisory approval for executive officer compensation.

Advanced Drainage Systems, Inc. (ADS) is hosting its 2026 Investor Day, providing updates on its business strategy, financial performance, and future outlook. The company highlighted its fiscal 2026 performance with $3.1 billion in net sales and a 31.6% EBITDA margin. ADS also presented its fiscal 2030 vision, projecting revenues exceeding $4 billion and Adjusted EBITDA over $1.2 billion, emphasizing its pure-play water exposure and resilient business model. The event included discussions on innovation, growth strategies, and capital allocation.

Advanced Drainage Systems completed the acquisition of National Diversified Sales (NDS) on February 2, 2026, marking its second-largest acquisition and expanding its water management solutions. The company reported a 5% increase in net sales for Fiscal Year 2026, with higher-margin products contributing significantly to revenue and achieving a 31.6% Adjusted EBITDA margin. The company also announced its 2026 Annual Meeting of Stockholders for July 16, 2026, where shareholders will vote on the election of nine directors, the ratification of Deloitte & Touche LLP as auditor, and an advisory vote on executive compensation.

Advanced Drainage Systems, Inc. has realigned its reportable segments to Stormwater and Wastewater following the acquisition of National Diversified Sales. The company also changed its segment profitability measure to Adjusted EBITDA from adjusted gross profit. This realignment, which includes recast historical financial information for fiscal years 2024-2026, does not impact previously reported consolidated net sales, income from operations, net income, or earnings per share.

Advanced Drainage Systems, Inc. completed the acquisition of National Diversified Sales (NDS) on February 2, 2026, significantly expanding its residential stormwater and drainage solutions. This acquisition led to a realignment of reportable segments into Stormwater and Wastewater, with Stormwater representing 78.6% and Wastewater 21.4% of fiscal 2026 revenue. The company also acquired Orenco Systems, Inc. in October 2024, enhancing its Wastewater segment, and continues to invest in sustainability and innovation, including a new $65 million Engineering and Technology Center.

Advanced Drainage Systems reported Q4 Fiscal 2026 net sales increased 9.9% to $676.8 million, driven by strong Allied products growth and the NDS acquisition, which contributed $48.8 million. For the full fiscal year 2026, net sales rose 5.0% to $3.05 billion, with Adjusted EBITDA up 8.3% to $962.9 million. The Board also approved an 11% increase in the annual cash dividend to $0.80 per share, with a quarterly payment of $0.20 per share, while Q4 GAAP net income decreased due to acquisition-related and restructuring costs.