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Advanced Drainage Systems, Inc. (WMS) stock

WMSNYSEPlastics Foam ProductsFiscal year ends March 31
Financials through Q1 FY2027, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 6, 2026Score 17/302% above fair value
$135.43−1.09 (-0.80%)

Close on Oct 30, 2026Market cap $10.21BP/E 23.4Yield 0.53%

Earnings

Advanced Drainage Systems's quarterly results as reported in its earnings releases, with the company's own outlook. Hover a number to see the sentence it came from.

Next report
Nov 5, 2026
Q2 FY2027 · estimated, before the open
Revenue, Q1 FY2027
$1.00B
+20.6% on a year earlier
Adjusted Earnings per Share from Continuing Operations, Q1 FY2027
$2.49
$1.95 a year earlier
Latest guidance
Reaffirmed
Aug 6, 2026 · 3 items

Quarterly results

Revenue and earnings per share from each of Advanced Drainage Systems's earnings releases, newest first

QuarterReportedRevenueYoYEPSAdj. EPSSource
Q2 FY2027ended Sep 30, 2026Nov 5, 2026Expected–––––
Q1 FY2027ended Jun 30, 2026Aug 6, 2026before the open$1.00B+20.6%$2.26$2.49Release
Q4 FY2026ended Mar 31, 2026May 21, 2026before the open$676.80M+9.9%$0.43$1.07Release
Q3 FY2026ended Dec 31, 2025Feb 5, 2026before the open$693.40M+0.4%$1.19$1.27Release
Q2 FY2026ended Sep 30, 2025Nov 6, 2025before the open$850.40M+8.7%$1.99$1.97Release
Q1 FY2026ended Jun 30, 2025Aug 7, 2025before the open$829.90M+1.8%$1.84$1.95Release
Q4 FY2025ended Mar 31, 2025May 15, 2025before the open$615.80M-5.8%$0.99$1.03Release
Q3 FY2025ended Dec 31, 2024Feb 6, 2025before the open$690.50M–$1.04$1.09Release
Q2 FY2025ended Sep 30, 2024Nov 8, 2024before the open$782.60M+0.3%$1.67$1.70Release
Q1 FY2025ended Jun 30, 2024Aug 8, 2024before the open$815.30M+4.8%$2.06$2.06Release
Q4 FY2024ended Mar 31, 2024May 16, 2024before the open$653.80M+5.9%$1.21$1.23Release
Q2 FY2024ended Sep 30, 2023Nov 2, 2023before the open$780.20M-11.8%$1.71$1.71Release

Figures as first announced; later restatements appear under Financials. Expected dates are estimated from the company's past reporting pattern.

Current guidance

Advanced Drainage Systems's latest outlook for periods it has not reported yet, compared with what it said before

MetricPeriodGuidanceBeforeChangeGiven
Net salesFY2027$3.35B – $3.55B$3.35B – $3.55BReaffirmedAug 6, 2026
Adjusted EBITDAnon-GAAPFY2027$1.00B – $1.05B$1.00B – $1.05BReaffirmedAug 6, 2026
Capital expendituresFY2027$200.00M$200.00MReaffirmedAug 6, 2026

Guidance vs results

The last range Advanced Drainage Systems gave before each report, against the figure it then reported. Full years add up the four quarters.

PeriodMetricGuidanceActualResult
FY2026Revenue$2.99B – $3.04B$3.05BΣ4QAbove range
FY2025Revenue$2.90B – $2.98B$2.90BΣ4QWithin range

Guidance history

Every forecast Advanced Drainage Systems put in an earnings release, newest first

GivenMetricPeriodGuidanceChange
Aug 6, 2026Capital expendituresFY2027$200.00MReaffirmed
Aug 6, 2026Adjusted EBITDAFY2027$1.00B – $1.05BReaffirmed
Aug 6, 2026Net salesFY2027$3.35B – $3.55BReaffirmed
May 21, 2026Capital expendituresFY2027$200.00MNew
May 21, 2026Adjusted EBITDAFY2027$1.00B – $1.05BNew
May 21, 2026Net salesFY2027$3.35B – $3.55BNew
Feb 5, 2026Capital expendituresFY2026$250.00MNew
Feb 5, 2026Adjusted EBITDAFY2026$930.00M – $960.00MRaised
Feb 5, 2026Net salesFY2026$2.99B – $3.04BNew
Nov 6, 2025Capital expendituresFY2026$200.00M – $225.00MReaffirmed
Nov 6, 2025Adjusted EBITDAFY2026$900.00M – $940.00MRaised
Nov 6, 2025Net salesFY2026$2.90B – $2.99BRaised
Aug 7, 2025Capital expendituresFY2026$200.00M – $225.00MLowered
Aug 7, 2025Adjusted EBITDAFY2026$850.00M – $910.00MReaffirmed
Aug 7, 2025Net salesFY2026$2.83B – $2.98BReaffirmed
May 15, 2025Capital expendituresFY2026$275.00MNew
May 15, 2025Adjusted EBITDAFY2026$850.00M – $910.00MNew
May 15, 2025Net salesFY2026$2.83B – $2.98BNew
Feb 6, 2025Capital expendituresFY2025$225.00MNew
Feb 6, 2025Adjusted EBITDAFY2025$880.00M – $920.00MNew

Read from the company's earnings releases; each figure links to its sentence on hover. “Raised” and “Lowered” compare with the previous range for the same metric and period.

Press releases

Releases Advanced Drainage Systems filed with the SEC as exhibits to Form 8-K or 6-K

  1. ADVANCED DRAINAGE SYSTEMS ANNOUNCES ACQUISITION OF STORMTRAP INVESTMENTS LLC FROM PSP CAPITAL
    Update
  2. ADVANCED DRAINAGE SYSTEMS ANNOUNCES FIRST QUARTER
    Results
  3. Q1 Fiscal 2027 Financial Results August 6, 2026
    Results
  4. ADVANCED DRAINAGE SYSTEMS ANNOUNCES QUARTERLY CASH DIVIDEND
    Results
  5. ADVANCED DRAINAGE SYSTEMS HOSTS 2026 INVESTOR DAY
    Update
  6. 8-K exhibit EX-99.2
    Update
  7. The following tables set forth Net sales, significant segment expenses, and Adjusted EBITDA for each of the Company’s reportable segments for the periods presented:
    Update
  8. ADVANCED DRAINAGE SYSTEMS ANNOUNCES FOURTH QUARTER AND
    Results
  9. Q4 Fiscal 2026 Financial Results May 21, 2026
    Results
  10. ADVANCED DRAINAGE SYSTEMS ANNOUNCES INCREASE IN QUARTERLY CASH DIVIDEND
    Results
  11. ANNOUNCES PRICING OF $500 MILLION OF 5.375% SENIOR NOTES DUE 2034
    Update
  12. ANNOUNCES PROPOSED $500 MILLION SENIOR NOTES OFFERING
    Update
  13. ADVANCED DRAINAGE SYSTEMS ANNOUNCES THIRD QUARTER
    Results
  14. Q3 Fiscal 2026 Financial Results February 5, 2026
    Results
  15. ADVANCED DRAINAGE SYSTEMS ANNOUNCES QUARTERLY CASH DIVIDEND
    Results