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AI brief of an SEC Form 8-K · Advanced Drainage Systems (WMS)

Advanced Drainage Systems Q1 sales up 20.6% to $1.0 billion; EPS up 22.8%

Positive Impact 3 of 5 earnings Written later

Advanced Drainage Systems reported fiscal first-quarter 2027 results for the period ended June 30, 2026, with net sales up 20.6% to $1.0 billion and diluted EPS from continuing operations up 22.8% to $2.26. The company confirmed its fiscal 2027 targets and declared a $0.20 per share dividend, while management said it remains cautious on demand and noted that some sales were pulled forward from the second quarter ahead of price increases.

Key points

  • Net sales rose $171.2 million, or 20.6%, to $1,001.1 million; organic net sales rose 9.2%, and NDS contributed $94.7 million of stormwater revenue.
  • Diluted EPS from continuing operations was $2.26, up from $1.84; net income from continuing operations was $176.6 million.
  • Fiscal 2027 outlook confirmed: net sales of $3.350 billion to $3.550 billion and Adjusted EBITDA of $1.0 billion to $1.050 billion.
  • Board declared a $0.20 per share cash dividend payable September 15, 2026, to holders of record on September 1, 2026; the company repurchased $228.5 million of common stock in the quarter.

The filing

CompanyAdvanced Drainage Systems (WMS)
Form8-K, current report
Filed with the SECAug 6, 2026, 7:03 AM ET
Accession number0001604028-26-000034

Items reported: 2.02 Results of Operations7.01 Regulation FD Disclosure8.01 Other Events

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 1:17 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 06, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.