The Filings Report

ADVANCED DRAINAGE SYSTEMS, INC.

WMSNYSECIK 1604028Basic Materials / Chemicalsfiscal year ends March55 quarters since 2013

Revenue, Q2 FY2027
$889M
+4.6% on Q2 FY2026
Net income
$110M
−29.2% on Q2 FY2026
Free cash flow
—
no year-earlier figure
Diluted EPS
$1.46
−26.6% on Q2 FY2026
Revenue, TTM
$3.3B
trailing four quarters
Net margin, TTM
12.4%
net income $405M
Free cash flow, TTM
—
Cash and equivalents
$153M
long-term debt $1.6B, Sep 30, 2026
Shares, 12-month change
−5.1%
74M shares, Sep 30, 2026
Buybacks, TTM
$465M
5.1% of market value
Dividends, TTM
$59M
0.6% of market value
Market value
$9.2B
at the close, buybacks

Latest quarter Q2 FY2027, filed November 5, 2026. Trailing figures sum the latest four quarters. Market values at the latest close, from a market data vendor.

In Q2 FY2027, the quarter ended September 30, 2026, ADVANCED DRAINAGE SYSTEMS, INC. reported revenue of $889M, +4.6% on Q2 FY2026, and net income of $110M (−29.2%). Operating margin was 21.9%. Diluted earnings per share were $1.46.

Share price

Daily candlesticks from November 11, 2024 to November 6, 2026, with each earnings release marked; a release after the close marks the day it came out, so its reaction is the next candle. See this earnings season for every company’s reaction.

WMS daily priceSplit-adjusted, US dollars; an earnings release
Nov 6, 2026O $120.22 · H $124.60 · L $119.53 · C $124.31 · +1.37% on the dayOver the range: −15.19%, Nov 7, 2025 to Nov 6, 2026
$116$133$149$166$183Nov 25Jan 26Apr 26Jun 26Aug 26Nov 26

The last 16 quarters

Q3 FY2023 to Q2 FY2027, through the filing of November 5, 2026.

Revenue and net incomeRevenueNet income
$0$500M$1.0B$1.5BQ3'23, Revenue: $655MQ3'23, Net income: $82MQ3'23Q4'23, Revenue: $618MQ4'23, Net income: $86MQ4'23Q1'24, Revenue: $778MQ1'24, Net income: $174MQ1'24Q2'24, Revenue: $780MQ2'24, Net income: $136MQ2'24Q3'24, Revenue: $662MQ3'24, Net income: $106MQ3'24Q4'24, Revenue: $654MQ4'24, Net income: $95MQ4'24Q1'25, Revenue: $815MQ1'25, Net income: $161MQ1'25Q2'25, Revenue: $783MQ2'25, Net income: $130MQ2'25Q3'25, Revenue: $691MQ3'25, Net income: $81MQ3'25Q4'25, Revenue: $616MQ4'25, Net income: $77MQ4'25Q1'26, Revenue: $830MQ1'26, Net income: $144MQ1'26Q2'26, Revenue: $850MQ2'26, Net income: $156MQ2'26Q3'26, Revenue: $693MQ3'26, Net income: $94MQ3'26Q4'26, Revenue: $677MQ4'26, Net income: $33MQ4'26Q1'27, Revenue: $1.0BQ1'27, Net income: $169MQ1'27Q2'27, Revenue: $889MQ2'27, Net income: $110MQ2'27$0$500M$1.0B$1.5BQ3'23, Revenue: $655MQ3'23, Net income: $82MQ3'23Q4'23, Revenue: $618MQ4'23, Net income: $86MQ4'23Q1'24, Revenue: $778MQ1'24, Net income: $174MQ1'24Q2'24, Revenue: $780MQ2'24, Net income: $136MQ2'24Q3'24, Revenue: $662MQ3'24, Net income: $106MQ3'24Q4'24, Revenue: $654MQ4'24, Net income: $95MQ4'24Q1'25, Revenue: $815MQ1'25, Net income: $161MQ1'25Q2'25, Revenue: $783MQ2'25, Net income: $130MQ2'25Q3'25, Revenue: $691MQ3'25, Net income: $81MQ3'25Q4'25, Revenue: $616MQ4'25, Net income: $77MQ4'25Q1'26, Revenue: $830MQ1'26, Net income: $144MQ1'26Q2'26, Revenue: $850MQ2'26, Net income: $156MQ2'26Q3'26, Revenue: $693MQ3'26, Net income: $94MQ3'26Q4'26, Revenue: $677MQ4'26, Net income: $33MQ4'26Q1'27, Revenue: $1.0BQ1'27, Net income: $169MQ1'27Q2'27, Revenue: $889MQ2'27, Net income: $110MQ2'27$0$500M$1.0B$1.5BQ3'23, Revenue: $655MQ3'23, Net income: $82MQ4'23, Revenue: $618MQ4'23, Net income: $86MQ4'23Q1'24, Revenue: $778MQ1'24, Net income: $174MQ2'24, Revenue: $780MQ2'24, Net income: $136MQ2'24Q3'24, Revenue: $662MQ3'24, Net income: $106MQ4'24, Revenue: $654MQ4'24, Net income: $95MQ4'24Q1'25, Revenue: $815MQ1'25, Net income: $161MQ2'25, Revenue: $783MQ2'25, Net income: $130MQ2'25Q3'25, Revenue: $691MQ3'25, Net income: $81MQ4'25, Revenue: $616MQ4'25, Net income: $77MQ4'25Q1'26, Revenue: $830MQ1'26, Net income: $144MQ2'26, Revenue: $850MQ2'26, Net income: $156MQ2'26Q3'26, Revenue: $693MQ3'26, Net income: $94MQ4'26, Revenue: $677MQ4'26, Net income: $33MQ4'26Q1'27, Revenue: $1.0BQ1'27, Net income: $169MQ2'27, Revenue: $889MQ2'27, Net income: $110MQ2'27

Net income losses drawn in red.

Free cash flow
−$100M$0$100M$200M$300MQ3'23, Free cash flow: $172MQ3'23Q4'23, Free cash flow: $7MQ4'23Q1'24, Free cash flow: $202MQ1'24Q2'24, Free cash flow: $174MQ2'24Q3'24, Free cash flow: $188MQ3'24Q4'24, Free cash flow: −$30MQ4'24Q1'25, Free cash flow: $126MQ1'25Q2'25, Free cash flow: $112MQ2'25Q3'25, Free cash flow: $136MQ3'25Q4'25, Free cash flow: −$5MQ4'25Q1'26, Free cash flow: $222MQ1'26Q2'26, Free cash flow: $176MQ2'26Q3'26, Free cash flow: $184MQ3'26Q4'26, Free cash flow: −$13MQ4'26Q1'27, Free cash flow: $203MQ1'27Q2'27−$100M$0$100M$200M$300MQ3'23, Free cash flow: $172MQ3'23Q4'23, Free cash flow: $7MQ4'23Q1'24, Free cash flow: $202MQ1'24Q2'24, Free cash flow: $174MQ2'24Q3'24, Free cash flow: $188MQ3'24Q4'24, Free cash flow: −$30MQ4'24Q1'25, Free cash flow: $126MQ1'25Q2'25, Free cash flow: $112MQ2'25Q3'25, Free cash flow: $136MQ3'25Q4'25, Free cash flow: −$5MQ4'25Q1'26, Free cash flow: $222MQ1'26Q2'26, Free cash flow: $176MQ2'26Q3'26, Free cash flow: $184MQ3'26Q4'26, Free cash flow: −$13MQ4'26Q1'27, Free cash flow: $203MQ1'27Q2'27−$100M$0$100M$200M$300MQ3'23, Free cash flow: $172MQ4'23, Free cash flow: $7MQ4'23Q1'24, Free cash flow: $202MQ2'24, Free cash flow: $174MQ2'24Q3'24, Free cash flow: $188MQ4'24, Free cash flow: −$30MQ4'24Q1'25, Free cash flow: $126MQ2'25, Free cash flow: $112MQ2'25Q3'25, Free cash flow: $136MQ4'25, Free cash flow: −$5MQ4'25Q1'26, Free cash flow: $222MQ2'26, Free cash flow: $176MQ2'26Q3'26, Free cash flow: $184MQ4'26, Free cash flow: −$13MQ4'26Q1'27, Free cash flow: $203MQ2'27

Operating cash flow less capital expenditures; negative quarters in red.

Cash and equivalents against long-term debtCash and equivalentsLong-term debt
$0$500M$1.0B$1.5B$2.0BQ3'23, Cash and equivalents: $427MQ3'23, Long-term debt: $1.3BQ3'23Q4'23, Cash and equivalents: $217MQ4'23, Long-term debt: $1.3BQ4'23Q1'24, Cash and equivalents: $366MQ1'24, Long-term debt: $1.3BQ1'24Q2'24, Cash and equivalents: $470MQ2'24, Long-term debt: $1.3BQ2'24Q3'24, Cash and equivalents: $561MQ3'24, Long-term debt: $1.3BQ3'24Q4'24, Cash and equivalents: $490MQ4'24, Long-term debt: $1.3BQ4'24Q1'25, Cash and equivalents: $542MQ1'25, Long-term debt: $1.3BQ1'25Q2'25, Cash and equivalents: $613MQ2'25, Long-term debt: $1.3BQ2'25Q3'25, Cash and equivalents: $489MQ3'25, Long-term debt: $1.3BQ3'25Q4'25, Cash and equivalents: $463MQ4'25, Long-term debt: $1.3BQ4'25Q1'26, Cash and equivalents: $638MQ1'26, Long-term debt: $1.3BQ1'26Q2'26, Cash and equivalents: $813MQ2'26, Long-term debt: $1.2BQ2'26Q3'26, Cash and equivalents: $1.0BQ3'26, Long-term debt: $1.3BQ3'26Q4'26, Cash and equivalents: $223MQ4'26, Long-term debt: $1.6BQ4'26Q1'27, Cash and equivalents: $162MQ1'27, Long-term debt: $1.6BQ1'27Q2'27, Cash and equivalents: $153MQ2'27, Long-term debt: $1.6BQ2'27$0$500M$1.0B$1.5B$2.0BQ3'23, Cash and equivalents: $427MQ3'23, Long-term debt: $1.3BQ3'23Q4'23, Cash and equivalents: $217MQ4'23, Long-term debt: $1.3BQ4'23Q1'24, Cash and equivalents: $366MQ1'24, Long-term debt: $1.3BQ1'24Q2'24, Cash and equivalents: $470MQ2'24, Long-term debt: $1.3BQ2'24Q3'24, Cash and equivalents: $561MQ3'24, Long-term debt: $1.3BQ3'24Q4'24, Cash and equivalents: $490MQ4'24, Long-term debt: $1.3BQ4'24Q1'25, Cash and equivalents: $542MQ1'25, Long-term debt: $1.3BQ1'25Q2'25, Cash and equivalents: $613MQ2'25, Long-term debt: $1.3BQ2'25Q3'25, Cash and equivalents: $489MQ3'25, Long-term debt: $1.3BQ3'25Q4'25, Cash and equivalents: $463MQ4'25, Long-term debt: $1.3BQ4'25Q1'26, Cash and equivalents: $638MQ1'26, Long-term debt: $1.3BQ1'26Q2'26, Cash and equivalents: $813MQ2'26, Long-term debt: $1.2BQ2'26Q3'26, Cash and equivalents: $1.0BQ3'26, Long-term debt: $1.3BQ3'26Q4'26, Cash and equivalents: $223MQ4'26, Long-term debt: $1.6BQ4'26Q1'27, Cash and equivalents: $162MQ1'27, Long-term debt: $1.6BQ1'27Q2'27, Cash and equivalents: $153MQ2'27, Long-term debt: $1.6BQ2'27$0$500M$1.0B$1.5B$2.0BQ3'23, Cash and equivalents: $427MQ3'23, Long-term debt: $1.3BQ4'23, Cash and equivalents: $217MQ4'23, Long-term debt: $1.3BQ4'23Q1'24, Cash and equivalents: $366MQ1'24, Long-term debt: $1.3BQ2'24, Cash and equivalents: $470MQ2'24, Long-term debt: $1.3BQ2'24Q3'24, Cash and equivalents: $561MQ3'24, Long-term debt: $1.3BQ4'24, Cash and equivalents: $490MQ4'24, Long-term debt: $1.3BQ4'24Q1'25, Cash and equivalents: $542MQ1'25, Long-term debt: $1.3BQ2'25, Cash and equivalents: $613MQ2'25, Long-term debt: $1.3BQ2'25Q3'25, Cash and equivalents: $489MQ3'25, Long-term debt: $1.3BQ4'25, Cash and equivalents: $463MQ4'25, Long-term debt: $1.3BQ4'25Q1'26, Cash and equivalents: $638MQ1'26, Long-term debt: $1.3BQ2'26, Cash and equivalents: $813MQ2'26, Long-term debt: $1.2BQ2'26Q3'26, Cash and equivalents: $1.0BQ3'26, Long-term debt: $1.3BQ4'26, Cash and equivalents: $223MQ4'26, Long-term debt: $1.6BQ4'26Q1'27, Cash and equivalents: $162MQ1'27, Long-term debt: $1.6BQ2'27, Cash and equivalents: $153MQ2'27, Long-term debt: $1.6BQ2'27

Positions at each quarter end, as filed; short-term investments are not included.

Income statement

Last eight quarters, newest first, through Q2 FY2027 filed November 5, 2026.

ADVANCED DRAINAGE SYSTEMS, INC. income statement, quarterly
Millions of dollarsQ2 FY2027ended Sep 30, 2026filed Nov 5, 2026Q1 FY2027ended Jun 30, 2026filed Aug 6, 2026Q4 FY2026ended Mar 31, 2026filed May 21, 2026Q3 FY2026ended Dec 31, 2025filed Feb 5, 2026Q2 FY2026ended Sep 30, 2025filed Nov 6, 2025Q1 FY2026ended Jun 30, 2025filed Aug 7, 2025Q4 FY2025ended Mar 31, 2025filed May 15, 2025Q3 FY2025ended Dec 31, 2024filed Feb 6, 2025YoYQ2 FY2027vs Q2 FY2026
Revenue8891,001677693850830616691+4.6%
Cost of revenue—————————
Gross profit346408238259340330226242+1.7%
Research and development—————————
Selling, general and administrative—————————
Operating income19525553137223206117127−12.7%
Other income (expense)911188755+14.0%
Pretax income1762293912320818999109−15.2%
Income tax445453152472327−15.6%
Net income11016933941561447781−29.2%
Diluted EPS ($)1.462.19—1.191.991.84—1.04−26.6%
Diluted shares (millions)7677—787878—78—

Fourth quarters are the fiscal year less the first nine months when the filer reports no discrete fourth quarter, and are marked. Diluted EPS is never derived, so a derived quarter shows none. Italic figures are derived.

Balance sheet

Last eight quarters, newest first, through Q2 FY2027 filed November 5, 2026.

ADVANCED DRAINAGE SYSTEMS, INC. balance sheet, quarterly
Millions of dollarsQ2 FY2027ended Sep 30, 2026filed Nov 5, 2026Q1 FY2027ended Jun 30, 2026filed Aug 6, 2026Q4 FY2026ended Mar 31, 2026filed May 21, 2026Q3 FY2026ended Dec 31, 2025filed Feb 5, 2026Q2 FY2026ended Sep 30, 2025filed Nov 6, 2025Q1 FY2026ended Jun 30, 2025filed Aug 7, 2025Q4 FY2025ended Mar 31, 2025filed May 15, 2025Q3 FY2025ended Dec 31, 2024filed Feb 6, 2025YoYQ2 FY2027vs Q2 FY2026
Cash and equivalents1531622231,008813638463489−81.1%
Short-term investments—————————
Total current assets1,1951,2411,2311,7051,6731,5171,3251,245−28.6%
Total assets4,4634,5104,5064,1444,0793,9103,6903,602+9.4%
Total current liabilities562586509413481472398388+16.9%
Long-term debt1,6031,6051,6061,2761,2491,2501,2521,253+28.4%
Total liabilities2,6142,6202,5502,1152,1502,1322,0552,038+21.6%
Stockholders’ equity1,7551,7921,8591,9281,8261,6711,5251,451−3.9%
Shares outstanding (millions)7475777878787878—

Positions at each period end. Nothing on this statement is derived. Long-term debt is the filed noncurrent line only; no total-debt composite is constructed across filers. Italic figures are derived.

Cash flow statement

Last eight quarters, newest first, through Q2 FY2027 filed November 5, 2026.

ADVANCED DRAINAGE SYSTEMS, INC. cash flow statement, quarterly
Millions of dollarsQ2 FY2027ended Sep 30, 2026filed Nov 5, 2026Q1 FY2027ended Jun 30, 2026filed Aug 6, 2026Q4 FY2026ended Mar 31, 2026filed May 21, 2026Q3 FY2026ended Dec 31, 2025filed Feb 5, 2026Q2 FY2026ended Sep 30, 2025filed Nov 6, 2025Q1 FY2026ended Jun 30, 2025filed Aug 7, 2025Q4 FY2025ended Mar 31, 2025filed May 15, 2025Q3 FY2025ended Dec 31, 2024filed Feb 6, 2025YoYQ2 FY2027vs Q2 FY2026
Operating cash flow—2604026923527541190—
Capital expenditures4257538658534754−28.8%
Free cash flow (CFO − capex)—203(13)184176222(5)136—
Depreciation and amortization6462605255505048+16.4%
Share repurchases1402339200000—
Dividends paid1515141414141212+7.8%

10-Qs file cash flows as year-to-date totals, so quarterly figures are differenced from consecutive filings and marked. Free cash flow is operating cash flow less capital expenditures, computed from the two filed lines. Italic figures are derived.

Annual statements

Every fiscal year filed, newest first, through FY2026 filed May 21, 2026.

Income statement

ADVANCED DRAINAGE SYSTEMS, INC. income statement, annual
Millions of dollarsFY2026ended Mar 31, 2026filed May 21, 2026FY2025ended Mar 31, 2025filed May 15, 2025FY2024ended Mar 31, 2024filed May 16, 2024FY2023ended Mar 31, 2023filed May 18, 2023FY2022ended Mar 31, 2022filed May 19, 2022FY2021ended Mar 31, 2021filed May 27, 2021FY2020ended Mar 31, 2020filed Jun 1, 2020FY2019ended Mar 31, 2019filed May 30, 2019FY2018ended Mar 31, 2018filed May 30, 2018FY2017ended Mar 31, 2017filed May 30, 2017FY2016ended Mar 31, 2016filed Sep 15, 2016FY2015ended Mar 31, 2015filed Mar 29, 2016FY2014ended Mar 31, 2014filed Sep 5, 2014FY2013ended Mar 31, 2013filed Sep 5, 2014
Revenue3,0502,9042,8743,0712,7691,9831,6741,3851,3301,2571,2911,1801,0681,017
Cost of revenue———————1,0581,028961————
Gross profit1,1671,0941,1461,118800690316327302296285205193188
Research and development——————————————
Selling, general and administrative—————2682711869811193766350
Operating income619657732719412345(95)129887694394857
Other income (expense)342423853(2)146(17)(14)10
Pretax income560589667657384312(180)11277655953139
Income tax13514115915111086143011252362016
Net income426450510507271224(193)78626225(8)421
Diluted EPS ($)5.445.766.456.083.152.59(3.21)1.220.990.990.39(0.38)(0.21)0.27
Diluted shares (millions)7878798373726458565655514747

Balance sheet

ADVANCED DRAINAGE SYSTEMS, INC. balance sheet, annual
Millions of dollarsFY2026ended Mar 31, 2026filed May 21, 2026FY2025ended Mar 31, 2025filed May 15, 2025FY2024ended Mar 31, 2024filed May 16, 2024FY2023ended Mar 31, 2023filed May 18, 2023FY2022ended Mar 31, 2022filed May 19, 2022FY2021ended Mar 31, 2021filed May 27, 2021FY2020ended Mar 31, 2020filed Jun 1, 2020FY2019ended Mar 31, 2019filed May 30, 2019FY2018ended Mar 31, 2018filed May 30, 2018FY2017ended Mar 31, 2017filed May 30, 2017FY2016ended Mar 31, 2016filed Sep 15, 2016FY2015ended Mar 31, 2015filed Mar 29, 2016FY2014ended Mar 31, 2014filed Sep 5, 2014FY2013ended Mar 31, 2013filed Sep 5, 2014
Cash and equivalents2234634902172019517491867441
Short-term investments——————————————
Total current assets1,2311,3251,3001,017872743666467458441440444427—
Total assets4,5063,6903,2692,9012,6502,4142,3701,0421,0431,0461,0371,038983951
Total current liabilities509398440379391318238206221256252215186—
Long-term debt1,6061,2521,2601,2699097821,089209271311312390443—
Total liabilities2,5502,0551,9881,9061,5451,3501,585542609696723753761—
Stockholders’ equity1,8591,5251,153824893820526384308223187161(433)—
Shares outstanding (millions)7778777984726958575554———

Cash flow statement

ADVANCED DRAINAGE SYSTEMS, INC. cash flow statement, annual
Millions of dollarsFY2026ended Mar 31, 2026filed May 21, 2026FY2025ended Mar 31, 2025filed May 15, 2025FY2024ended Mar 31, 2024filed May 16, 2024FY2023ended Mar 31, 2023filed May 18, 2023FY2022ended Mar 31, 2022filed May 19, 2022FY2021ended Mar 31, 2021filed May 27, 2021FY2020ended Mar 31, 2020filed Jun 1, 2020FY2019ended Mar 31, 2019filed May 30, 2019FY2018ended Mar 31, 2018filed May 30, 2018FY2017ended Mar 31, 2017filed May 30, 2017FY2016ended Mar 31, 2016filed Sep 15, 2016FY2015ended Mar 31, 2015filed Mar 29, 2016FY2014ended Mar 31, 2014filed Sep 5, 2014FY2013ended Mar 31, 2013filed Sep 5, 2014
Operating cash flow819581718708275452306152137104—747275
Capital expenditures250213184167149796843424745324139
Free cash flow (CFO − capex)5693695345411263732391089558—423137
Depreciation and amortization21618315514514214612559627271656463
Share repurchases927020757529200—8——010
Dividends paid565044403731922618171681156

Insider activity

Form 4 filings by officers, directors and 10% owners, November 9, 2024 to November 9, 2026. Only open-market purchases and sales count as buys and sells; awards, exercises, tax withholding and gifts are listed in grey and never counted.

Bought, three months
$0
0 purchases by 0 insiders; officers and directors $0
Sold, three months
$0
0 sales by 0 insiders; officers and directors $0
Bought, twelve months
$0
0 purchases by 0 insiders; officers and directors $0
Sold, twelve months
$15M
9 sales by 4 insiders; officers and directors $15M

The last 25 transactions

TradedInsiderRoleTransactionSharesPriceValueHeld afterFiled
Sep 1, 2026Coyle Patrick M. JrSee Remarkstax withholding26$130.75$3K10,039Sep 3, 2026
Sep 1, 2026Eversole Robert MDirectorgift2,386$0.00—2,253Sep 3, 2026
Sep 1, 2026Eversole Robert MDirectorgiftindirect2,386$0.00—51,462Sep 3, 2026
Aug 20, 2026Barbour D. ScottSee Remarks, Directorgiftindirect2,000$0.00—51,652Aug 24, 2026
Jul 16, 2026Fratto Tanya DDirectoraward1,110$0.00—30,552Jul 20, 2026
Jul 16, 2026Gast Kelly S.Directoraward1,110$0.00—8,981Jul 20, 2026
Jul 16, 2026Coleman Michael B.Directoraward1,110$0.00—12,587Jul 20, 2026
Jul 16, 2026Seetharam AnilDirectoraward1,782$0.00—16,240Jul 20, 2026
Jul 16, 2026Chaibi AnesaDirectoraward1,110$0.00—8,698Jul 20, 2026
Jul 16, 2026Perez DE LA Mesa Manuel JDirectoraward1,782$0.00—25,070Jul 20, 2026
Jul 16, 2026Eversole Robert MDirectoraward2,253$0.00—4,639Jul 20, 2026
Jul 16, 2026Fischer Alexander RDirectoraward1,110$0.00—17,564Jul 20, 2026
Jun 12, 2026Barbour D. ScottSee Remarks, Directorotherindirect511$135.72$69K0Jun 17, 2026
Jun 12, 2026Barbour D. ScottSee Remarks, Directorotherindirect511$135.72$69K53,652Jun 17, 2026
May 26, 2026Taylor Craig J.Executive Vice Presidentaward1,530$0.00—14,873May 28, 2026
May 26, 2026Martz BretSee Remarksaward1,252$0.00—3,089May 28, 2026
May 26, 2026Talley Kevin CEVP and CAOaward1,217$0.00—63,453May 28, 2026
May 26, 2026Cottrill Scott AEVP, CFO AND SECRETARYaward2,503$0.00—110,511May 28, 2026
May 26, 2026Barbour D. ScottSee Remarks, Directoraward9,036$0.00—77,268May 28, 2026
May 26, 2026Coyle Patrick M. JrSee Remarksaward1,252$0.00—10,065May 28, 2026
May 26, 2026Makowski Tim ASee Remarksaward847$0.00—6,722May 28, 2026
May 26, 2026King Brian W.Executive Vice Presidentaward950$0.00—21,686May 28, 2026
May 22, 2026Barbour D. ScottSee Remarks, Directortax withholding1,898$133.00$252K68,232May 27, 2026
May 22, 2026Taylor Craig J.Executive Vice Presidenttax withholding152$133.00$20K13,343May 27, 2026
May 22, 2026Talley Kevin CEVP and CAOtax withholding324$133.00$43K62,236May 27, 2026

Full insider history for ADVANCED DRAINAGE SYSTEMS, INC., or insider activity across all companies. A record of filings, not a recommendation.

Tracked funds holding it

1 of the tracked managers held WMS in their latest 13F filing, through August 14, 2026. Weight is the share of the fund’s reported portfolio. How the funds have traded WMS by quarter.

FundManagerQuarterValueSharesWeightMove
Baron Capital GroupRon BaronQ2 2026$107M680,4310.16%added +133.7%

Sources

Fiscal year ends in month 3; periods are labeled with the issuer's own fiscal calendar. Values are as most recently filed (restatements apply; per-share values are on current split basis per the connector's split table, flagged in adjusted). Flow items flagged in `derived` were computed (Q4 = FY − nine months; quarterly cash flow differenced from year-to-date filings) rather than read from a filing. `reconciliation.repaired` lists periods where a full-year figure was filed in a quarter slot: that row was dropped and the quarter rebuilt from the annual figure. `reconciliation.quarantined` lists periods where four filed quarters do not sum to the filed year — those quarterly values are withheld, so a blank there is a withholding rather than an absence of reporting.

Filer
ADVANCED DRAINAGE SYSTEMS, INC., CIK 1604028 on EDGAR
Extract generated
November 8, 2026
Withheld
3 line-years whose four quarters do not sum to the filed year: net income FY2017, depreciation amortization FY2019, opex sga FY2021
Repaired
3 quarters where a full-year figure was filed in a quarter slot and the quarter was rebuilt: income tax FY2014, income tax FY2015, pretax income FY2015
XBRL concepts behind each line

Income statement

Revenue: RevenueFromContractWithCustomerExcludingAssessedTax, SalesRevenueGoodsNet
Cost of revenue: CostOfGoodsAndServicesSold
Gross profit: GrossProfit
Research and development: not filed
Selling, general and administrative: GeneralAndAdministrativeExpense, SellingGeneralAndAdministrativeExpense
Operating income: OperatingIncomeLoss
Other income (expense): OtherNonoperatingIncomeExpense
Pretax income: IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
Income tax: IncomeTaxExpenseBenefit
Net income: NetIncomeLoss
Diluted EPS ($): EarningsPerShareDiluted
Diluted shares (millions): WeightedAverageNumberOfDilutedSharesOutstanding

Balance sheet

Cash and equivalents: CashAndCashEquivalentsAtCarryingValue
Short-term investments: not filed
Total current assets: AssetsCurrent
Total assets: Assets
Total current liabilities: LiabilitiesCurrent
Long-term debt: LongTermDebtNoncurrent
Total liabilities: Liabilities
Stockholders’ equity: StockholdersEquity
Shares outstanding (millions): dei:EntityCommonStockSharesOutstanding

Cash flow statement

Operating cash flow: NetCashProvidedByUsedInOperatingActivities
Capital expenditures: PaymentsToAcquireProductiveAssets, PaymentsToAcquirePropertyPlantAndEquipment
Free cash flow (CFO − capex): not filed
Depreciation and amortization: DepreciationAndAmortization, DepreciationDepletionAndAmortization
Share repurchases: PaymentsForRepurchaseOfCommonStock
Dividends paid: PaymentsOfDividends, PaymentsOfDividendsCommonStock

The data

The statements on this page as files, generated November 8, 2026.

JSON file
/data/financials/WMS.json