ADVANCED DRAINAGE SYSTEMS financials
$128.49−1.75%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Quarter | Q1 '27 Jun 30 | Q4 '26 Mar 31 | Q3 '26 Dec 31 | Q2 '26 Sep 30 | Q1 '26 Jun 30 | Q4 '25 Mar 31 | Q3 '25 Dec 31 | Q2 '25 Sep 30 | Q1 '25 Jun 30 | Q4 '24 Mar 31 | Q3 '24 Dec 31 | Q2 '24 Sep 30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.00B | $676.8M | $693.4M | $850.4M | $829.9M | $615.8M | $690.5M | $782.6M | $815.3M | $653.8M | $662.4M | $780.2M |
| Gross profit | $408.0M | $237.7M | $259.2M | $340.1M | $330.4M | $226.3M | $241.6M | $293.9M | $332.5M | $252.0M | $259.8M | $302.7M |
| Gross margin | 40.8% | 35.1% | 37.4% | 40.0% | 39.8% | 36.7% | 35.0% | 37.6% | 40.8% | 38.5% | 39.2% | 38.8% |
| Operating income | $257.2M | $81.4M | $136.9M | $207.4M | $212.8M | $120.4M | $126.4M | $188.0M | $226.5M | $137.7M | $155.8M | $198.2M |
| Net income | $168.5M | $32.9M | $93.6M | $156.0M | $143.9M | $77.2M | $81.2M | $130.4M | $161.4M | $94.8M | $105.6M | $135.8M |
| Net margin | 16.8% | 4.9% | 13.5% | 18.3% | 17.3% | 12.5% | 11.8% | 16.7% | 19.8% | 14.5% | 15.9% | 17.4% |
| Diluted EPS | $2.19 | $0.42 | $1.19 | $1.99 | $1.84 | $0.99 | $1.04 | $1.67 | $2.06 | $1.21 | $1.34 | $1.71 |
| EBITDA | $319.3M | $141.2M | $188.4M | $262.1M | $263.0M | $170.0M | $174.2M | $232.8M | $267.6M | $137.7M | $193.8M | $234.9M |
| Operating cash flow | $260.4M | $39.9M | $269.3M | $234.9M | $275.0M | $41.2M | $189.9M | $166.9M | $183.4M | $17.7M | $241.4M | $214.9M |
| Free cash flow | $203.2M | -$13.1M | $183.6M | $176.4M | $222.4M | -$5.3M | $135.7M | $112.4M | $125.7M | -$29.8M | $187.6M | $174.3M |
| Diluted shares | 77.0M | 78.7M | 78.4M | 78.3M | 78.1M | 78.2M | 78.1M | 78.1M | 78.3M | 78.5M | 78.6M | 79.3M |
Balance sheet
| Period end | Jun 30 | Mar 31 | Dec 31 | Sep 30 | Jun 30 | Mar 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $162.3M | $223.0M | $1.01B | $812.9M | $638.3M | $463.3M |
| Short-term investments | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Total debt | $1.77B | $1.77B | $1.45B | $1.43B | $1.43B | $1.43B |
| Total assets | $4.51B | $4.51B | $4.14B | $4.08B | $3.91B | $3.69B |
| Total liabilities | $2.62B | $2.55B | $2.12B | $2.15B | $2.13B | $2.05B |
| Shareholders' equity | $1.82B | $1.88B | $1.95B | $1.85B | $1.69B | $1.54B |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology