Advanced Drainage Systems, Inc. (WMS)

Revenue Breakdown

Financials in millions USD. Fiscal year is April - March.

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016	FY 2015	FY 2014	FY 2013	FY 2012
Period Ending	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021	Mar 31, 2020	Mar 31, 2019	Mar 31, 2018	Mar 31, 2017	Mar 31, 2016	Mar 31, 2015	Mar 31, 2014	Mar 31, 2013	Mar 31, 2012
Stormwater Revenue	2.40B	2.33B
Stormwater Revenue Growth	3.05%	-1.49%
Wastewater Revenue	652.96M	577.88M
Wastewater Revenue Growth	12.99%	12.66%
Revenue (Total)	3.05B	2.90B
Revenue (Total) Growth	5.03%	1.04%

Revenue by Geography

Financials in millions USD. Fiscal year is April - March.

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016	FY 2015	FY 2014	FY 2013	FY 2012
Period Ending	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021	Mar 31, 2020	Mar 31, 2019	Mar 31, 2018	Mar 31, 2017	Mar 31, 2016	Mar 31, 2015	Mar 31, 2014	Mar 31, 2013	Mar 31, 2012
United States Revenue	2.86B	2.71B
United States Revenue Growth	5.46%	1.61%
Canada Revenue	119.27M	119.49M
Canada Revenue Growth	-0.19%	-5.20%
Other Geographic Revenue	73.55M	75.14M
Other Geographic Revenue Growth	-2.11%	-8.05%
Revenue (Total)	3.05B	2.90B
Revenue (Total) Growth	5.03%	1.04%

Revenue Breakdown 2

Financials in millions USD. Fiscal year is April - March.

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016	FY 2015	FY 2014	FY 2013	FY 2012
Period Ending	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021	Mar 31, 2020	Mar 31, 2019	Mar 31, 2018	Mar 31, 2017	Mar 31, 2016	Mar 31, 2015	Mar 31, 2014	Mar 31, 2013	Mar 31, 2012
Pipe Revenue	-	1.50B
Pipe Revenue Growth	-	-2.65%
Infiltrator Revenue	-	516.30M
Infiltrator Revenue Growth	-	14.98%
International - Allied Products & Other Revenue	-	60.38M
International - Allied Products & Other Revenue Growth	-	4.25%
International - Pipe Revenue	-	134.25M
International - Pipe Revenue Growth	-	-10.41%
Total International Revenue	-	194.63M
Total International Revenue Growth	-	-6.32%
Allied Products & Other Revenue	-	689.94M
Allied Products & Other Revenue Growth	-	2.46%
Revenue (Total)	3.05B	2.90B
Revenue (Total) Growth	5.03%	1.04%

Adjusted Gross Profit

Financials in millions USD. Fiscal year is April - March.

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016	FY 2015	FY 2014	FY 2013	FY 2012
Period Ending	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021	Mar 31, 2020	Mar 31, 2019	Mar 31, 2018	Mar 31, 2017	Mar 31, 2016	Mar 31, 2015	Mar 31, 2014	Mar 31, 2013	Mar 31, 2012
Pipe Adjusted Gross Profit	-	448.54M
Pipe Adjusted Gross Profit Growth	-	-12.98%
Infiltrator Adjusted Gross Profit	-	319.64M
Infiltrator Adjusted Gross Profit Growth	-	13.48%
International Adjusted Gross Profit	-	56.56M
International Adjusted Gross Profit Growth	-	-9.61%
Allied Products & Other Adjusted Gross Profit	-	397.63M
Allied Products & Other Adjusted Gross Profit Growth	-	1.50%
Eliminations from Adjusted Gross Profit	-	174.00K
Gross Profit (Total)	1.17B	1.09B
Gross Profit (Total) Growth	6.69%	-4.51%

Adjusted EBITDA

Financials in millions USD. Fiscal year is April - March.

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016	FY 2015	FY 2014	FY 2013	FY 2012
Period Ending	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021	Mar 31, 2020	Mar 31, 2019	Mar 31, 2018	Mar 31, 2017	Mar 31, 2016	Mar 31, 2015	Mar 31, 2014	Mar 31, 2013	Mar 31, 2012
Stormwater Segment Adjusted EBITDA	703.08M	639.92M
Stormwater Segment Adjusted EBITDA Growth	9.87%	-10.37%
Wastewater Segment Adjusted EBITDA	311.45M	292.01M
Wastewater Segment Adjusted EBITDA Growth	6.66%	9.40%
Eliminations from Segment Adjusted EBITDA	97.00K	-389.00K
Corporate and Other Segment Adjusted EBITDA	-51.72M	-42.32M
Operating Income (Total)	619.20M	657.44M
Operating Income (Total) Growth	-5.82%	-10.20%

Capital Expenditures

Financials in millions USD. Fiscal year is April - March.

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016	FY 2015	FY 2014	FY 2013	FY 2012
Period Ending	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021	Mar 31, 2020	Mar 31, 2019	Mar 31, 2018	Mar 31, 2017	Mar 31, 2016	Mar 31, 2015	Mar 31, 2014	Mar 31, 2013	Mar 31, 2012
Stormwater Capital Expenditures	157.38M	175.92M
Stormwater Capital Expenditures Growth	-10.54%	37.10%
Wastewater Capital Expenditures	30.51M	13.73M
Wastewater Capital Expenditures Growth	122.16%	-23.20%
Other Capital Expenditures	61.88M	23.29M
Other Capital Expenditures Growth	165.64%	-38.08%

Capital Expenditures 2

Financials in millions USD. Fiscal year is April - March.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016	FY 2015	FY 2014	FY 2013	FY 2012
Period Ending	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021	Mar 31, 2020	Mar 31, 2019	Mar 31, 2018	Mar 31, 2017	Mar 31, 2016	Mar 31, 2015	Mar 31, 2014	Mar 31, 2013	Mar 31, 2012
Pipe Capital Expenditures	147.46M
Pipe Capital Expenditures Growth	30.59%
Infiltrator Capital Expenditures	13.73M
Infiltrator Capital Expenditures Growth	-23.20%
International Capital Expenditures	5.73M
International Capital Expenditures Growth	-18.71%
Allied Products & Other Capital Expenditures	46.02M
Allied Products & Other Capital Expenditures Growth	0.14%

Updated May 21, 2026. Data Source: Fiscal.ai.