WMS · Advanced Drainage Systems, Inc.
$150.91
+1.68 (+1.13%)
At close · Aug 14
Market Cap
$10.60B
Shares
75.41M
Advanced Drainage Systems, Inc. Earnings Call Transcripts
Every quarterly earnings call for Advanced Drainage Systems, Inc. (WMS) — the full transcript with speaker labels, the audio replay, AI call highlights and a management-tone score, plus the matching 8-K earnings release and the quarter's 10-Q or 10-K. Investor days and conferences appear here too.
Revenue & result across quarters
Revenue Net income YoY up YoY down artefacts
▲25.2%
$884.21M
$152.01M
'23 Q2
22-11-03
▼8.4%
$655.17M
$82.04M
'23 Q3
23-02-02
▼8.9%
$617.56M
$85.89M
'23 Q4
23-05-18
▼14.9%
$778.05M
$173.65M
'24 Q1
23-08-03
▼11.8%
$780.22M
$135.80M
'24 Q2
23-11-02
▲1.1%
$662.37M
$105.64M
'24 Q3
24-02-08
▲5.9%
$653.84M
$94.82M
'24 Q4
24-05-16
▲4.8%
$815.34M
$161.40M
'25 Q1
24-08-08
▲0.3%
$782.61M
$130.38M
'25 Q2
24-11-08
▲4.3%
$690.54M
$81.23M
'25 Q3
25-02-06
▼5.8%
$615.76M
$77.16M
'25 Q4
25-05-15
▲1.8%
$829.88M
$143.92M
'26 Q1
25-08-07
▲8.7%
$850.38M
$156.02M
'26 Q2
25-11-06
▲0.4%
$693.35M
$93.63M
'26 Q3
26-02-05
▲9.9%
$676.76M
$32.90M
'26 Q4
26-05-21
LATEST
▲20.6%
$1.00B
$168.52M
'27 Q1
26-08-06
Earnings call
FY27 · Q1
2026-08-06
Advanced Drainage Systems, Inc. Q1 FY2027 Earnings Call
Revenue
$1.00B
▲ 20.6% YoY Diluted EPS
$2.19
▲ 19% YoY Gross margin
40.8%
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY26 · Q4
2026-05-21
Advanced Drainage Systems, Inc. Q4 FY2026 Earnings Call
Positive tone
Stormwater segment and allied products
End-market demand outlook
NDS integration and synergies
Revenue
$676.76M*
▲ 9.9% YoY Gross margin
35.1%
Rev · 8q
Audio
Transcript
Slides
8-K10-K
Earnings call
FY26 · Q3
2026-02-05
Advanced Drainage Systems, Inc. Q3 FY2026 Earnings Call
Confident tone
Allied products and Infiltrator growth
Profitability and margin expansion
Market demand and in-market outlook
Revenue
$693.35M
▲ 0.4% YoY Diluted EPS
$1.19
▲ 14.4% YoY Gross margin
37.4%
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY26 · Q2
2025-11-06
Advanced Drainage Systems, Inc. Q2 FY2026 Earnings Call
Confident tone
Allied Products and Infiltrator mix shift
Revenue and EBITDA growth
End market environment
Revenue
$850.38M
▲ 8.7% YoY Diluted EPS
$1.99
▲ 19.2% YoY Gross margin
40.0%
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY26 · Q1
2025-08-07
Advanced Drainage Systems, Inc. Q1 FY2026 Earnings Call
Positive tone
Allied Products and mix shift
Infiltrator and Orenco growth
Margin performance and profitability
Revenue
$829.88M
▲ 1.8% YoY Diluted EPS
$1.84
▼ 10.7% YoY Gross margin
39.8%
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY25 · Q4
2025-05-15
Advanced Drainage Systems, Inc. Q4 FY2025 Earnings Call
Positive tone
Infiltrator performance
Capital expenditure and free cash flow
Domestic construction and material conversion
Revenue
$615.76M*
▼ 5.8% YoY Gross margin
36.7%
Rev · 8q
Audio
Transcript
Slides
8-K10-K
Earnings call
FY25 · Q3
2025-02-06
Advanced Drainage Systems, Inc. Q3 FY2025 Earnings Call
Confident tone
Domestic construction volume growth
Orenco acquisition integration
Infrastructure market softness
Revenue
$690.54M
▲ 4.3% YoY Diluted EPS
$1.04
▼ 22.4% YoY Gross margin
35.0%
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY25 · Q2
2024-11-08
Advanced Drainage Systems, Inc. Q2 FY2025 Earnings Call
Positive tone
Residential end market growth
Infiltrator and Orenco acquisition
Capital allocation and investments
Revenue
$782.61M
▲ 0.3% YoY Diluted EPS
$1.67
▼ 2.3% YoY Gross margin
37.6%
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY25 · Q1
2024-08-08
Advanced Drainage Systems, Inc. Q1 FY2025 Earnings Call
Confident tone
Residential Market
Guidance & Outlook
Infiltrator / Advanced Treatment
Revenue
$815.34M
▲ 4.8% YoY Diluted EPS
$2.06
▼ 5.5% YoY Gross margin
40.8%
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY24 · Q4
2024-05-16
Advanced Drainage Systems, Inc. Q4 FY2024 Earnings Call
Revenue
$653.84M*
▲ 5.9% YoY Gross margin
38.5%
Rev · 8q
Audio
Transcript
Slides
8-K10-K
Earnings call
FY24 · Q3
2024-02-08
Advanced Drainage Systems, Inc. Q3 FY2024 Earnings Call
Confident tone
Infiltrator business performance
Residential market recovery
Sustainability / water infrastructure narrative
Revenue
$662.37M
▲ 1.1% YoY Diluted EPS
$1.34
▲ 35.4% YoY Gross margin
39.2%
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY24 · Q2
2023-11-02
Advanced Drainage Systems, Inc. Q2 FY2024 Earnings Call
Revenue
$780.22M
▼ 11.8% YoY Diluted EPS
$1.71
▼ 5% YoY Gross margin
38.8%
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY24 · Q1
2023-08-03
Advanced Drainage Systems, Inc. Q1 FY2024 Earnings Call
Revenue
$778.05M
▼ 14.9% YoY Diluted EPS
$2.18
▼ 1.8% YoY Gross margin
42.6%
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY23 · Q4
2023-05-18
Advanced Drainage Systems, Inc. Q4 FY2023 Earnings Call
Revenue
$617.56M*
▼ 8.9% YoY Gross margin
36.0%
Rev · 8q
Audio
Transcript
Slides
8-K10-K
Earnings call
FY23 · Q3
2023-02-02
Advanced Drainage Systems, Inc. Q3 FY2023 Earnings Call
Revenue
$655.17M
▼ 8.4% YoY Diluted EPS
$0.99
▲ 15.1% YoY Gross margin
34.2%
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY23 · Q2
2022-11-03
Advanced Drainage Systems, Inc. Q2 FY2023 Earnings Call
Revenue
$884.21M
▲ 25.2% YoY Diluted EPS
$1.80
▲ 104.5% YoY Gross margin
36.2%
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY23 · Q1
2022-08-04
Advanced Drainage Systems, Inc. Q1 FY2023 Earnings Call
Revenue
$914.19M
▲ 36.6% YoY Diluted EPS
$2.22
▲ 155.2% YoY Gross margin
38.5%
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY22 · Q4
2022-05-19
Advanced Drainage Systems, Inc. Q4 FY2022 Earnings Call
Revenue
$678.19M*
▲ 52.8% YoY Gross margin
28.0%
Rev · 8q
Audio
Transcript
Slides
8-K10-K
Earnings call
FY22 · Q3
2022-02-03
Advanced Drainage Systems, Inc. Q3 FY2022 Earnings Call
Revenue
$715.36M
▲ 47.1% YoY Diluted EPS
$0.86
▲ 38.7% YoY Gross margin
29.2%
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY22 · Q2
2021-11-04
Advanced Drainage Systems, Inc. Q2 FY2022 Earnings Call
Revenue
$706.47M
▲ 29.8% YoY Diluted EPS
$0.88
▼ 5.4% YoY Gross margin
28.3%
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY22 · Q1
2021-08-05
Advanced Drainage Systems, Inc. Q1 FY2022 Earnings Call
Revenue
$669.30M
▲ 31.6% YoY Diluted EPS
$0.87
▲ 4.8% YoY Gross margin
30.0%
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY21 · Q4
2021-05-20
Advanced Drainage Systems, Inc. Q4 FY2021 Earnings Call
Revenue
$443.81M*
▲ 19.7% YoY Gross margin
28.7%
Rev · 8q
Audio
Transcript
Slides
8-K10-K
Earnings call
FY21 · Q3
2021-02-04
Advanced Drainage Systems, Inc. Q3 FY2021 Earnings Call
Revenue
$486.14M
▲ 23.6% YoY Diluted EPS
$0.62
▲ 121.4% YoY Gross margin
34.7%
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY21 · Q2
2020-11-05
Advanced Drainage Systems, Inc. Q2 FY2021 Earnings Call
Revenue
$544.19M
▲ 9.7% YoY Diluted EPS
$0.93
▲ 830% YoY Gross margin
37.8%
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY21 · Q1
2020-08-06
Advanced Drainage Systems, Inc. Q1 FY2021 Earnings Call
Revenue
$508.64M
▲ 22.9% YoY Diluted EPS
$0.83
Gross margin
37.1%
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY20 · Q3
2020-02-06
Advanced Drainage Systems, Inc. Q3 FY2020 Earnings Call
Revenue
$393.42M
▲ 23.7% YoY Diluted EPS
$0.28
▲ 12% YoY Gross margin
31.4%
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY20 · Q2
2019-09-30
Advanced Drainage Systems, Inc. Q2 FY2020 Earnings Call
Revenue
$495.90M
▲ 22% YoY Diluted EPS
$0.10
▼ 77.8% YoY Gross margin
29.5%
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY20 · Q1
2019-06-30
Advanced Drainage Systems, Inc. Q1 FY2020 Earnings Call
Revenue
$413.71M
▲ 6.7% YoY Diluted EPS
$-4.06
▼ 896.1% YoY Gross margin
-15.0%
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Showing 1–28 of 28 earnings calls
Key facts
CIK
1604028
CUSIP
00790R104
13F (30d)
522 filings
495 filers
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