Advanced Drainage Systems, Inc. (WMS)

NYSE: WMS · Plastics Foam Products · Hilliard, OH · filing with the SEC since 2014

Grade5.6

◀ Past 5.9● Present 5.8▶ Future 5.0

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Income statement, as filed

In thousands of US dollars (USD), as filed; per-share figures in US dollars; share counts in thousands. The fiscal year ends in March.

Income statement, by fiscal year, newest first
Fiscal year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017
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
Report filed	May 21, 2026	May 15, 2025	May 16, 2024	May 18, 2023	May 19, 2022	May 27, 2021	Jun 1, 2020	May 30, 2019	May 30, 2018	May 30, 2017
Revenue	3,050,376	2,904,245	2,874,473	3,071,121	2,769,315	1,982,780	1,673,805	1,384,733	1,330,354	1,257,261
Cost of revenue	·	·	·	·	·	·	·	1,057,766	1,027,873	961,451
Gross profit	1,167,386	1,094,241	1,145,949	1,118,408	800,384	690,082	316,479	326,967	302,481	295,810
Selling, general and administrative	·	·	·	·	·	267,574	271,338	186,027	·	·
Sales and marketing	·	·	·	·	·	·	117,068	96,335	92,764	91,475
General and administrative	·	·	·	·	·	·	154,270	89,692	98,392	110,950
Operating income	619,202	657,436	732,131	719,310	411,918	344,525	-95,349	129,413	88,254	76,328
Interest and investment income	25,000	23,485	22,047	·	·	·	·	·	·	·
Interest income (expense), net	-93,869	-91,803	-88,862	-70,182	-33,550	-35,658	-82,711	-18,618	-15,262	-17,467
Share of profit of equity-method investments	5,063	4,171	5,536	4,842	1,586	201	1,909	-95	-739	-4,308
Other income (expense), net	34,455	23,832	23,484	7,972	5,143	3,404	-1,554	815	3,950	5,970
Income before income taxes	559,788	589,465	666,753	657,100	383,511	312,271	-179,614	111,610	76,942	64,831
Income tax expense	134,988	141,063	158,998	150,589	110,071	86,382	14,092	30,049	11,411	24,615
Income from continuing operations	429,863	452,573	513,291	·	·	·	·	·	·	·
Income from discontinued operations	-1,090	0	0	·	·	·	·	·	·	·
Net income including non-controlling interests	428,773	452,573	513,291	511,353	275,026	226,090	-191,797	81,466	64,792	35,908
Net income to non-controlling interests	2,308	2,401	3,376	4,267	3,695	1,860	1,377	3,694	2,785	2,958
Net income	426,465	450,172	509,915	507,086	271,331	224,230	-193,174	77,772	62,007	62,007^r
Net income to common shareholders	·	450,172	509,915	507,086	229,532	185,388	-204,718	70,182	55,586	55,586^r
Earnings per share, basic	5.48	5.81	6.52	6.16	3.22	2.64	-3.21	1.23	1.00	1.00^r
Earnings per share, diluted	5.44	5.76	6.45	6.08	3.15	2.59	-3.21	1.22	0.99	0.99^r
Weighted average shares, basic	77,756	77,549	78,252	82,315	71,276	70,155	63,820	57,025	55,696	55,696^r
Weighted average shares, diluted	78,383	78,188	79,017	83,336	72,911	71,566	63,820	57,611	56,334	56,334^r

As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.A dot is a line not tagged for that period. ^r restated by the company in a later report; ^b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.

What each line is, and the XBRL concept behind it

Revenue what customers paid for what it sold

us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax
us-gaap:SalesRevenueGoodsNet

Cost of revenue what it cost to make or buy what it sold

us-gaap:CostOfGoodsAndServicesSold
us-gaap:CostOfGoodsSold

Gross profit revenue less the cost of what it soldus-gaap:GrossProfit

Selling, general and administrative the cost of selling and of running the companyus-gaap:SellingGeneralAndAdministrativeExpense

Sales and marketing the cost of finding and serving customersus-gaap:SellingAndMarketingExpense

General and administrative the cost of running the company itselfus-gaap:GeneralAndAdministrativeExpense

Operating income profit from running the business, before interest and taxus-gaap:OperatingIncomeLoss

Interest and investment income what its cash and investments earnedus-gaap:InterestIncomeOther

Interest income (expense), net interest earned less interest paid, outside the businessus-gaap:InterestIncomeExpenseNonoperatingNet

Share of profit of equity-method investments its share of companies it partly ownsus-gaap:IncomeLossFromEquityMethodInvestments

Other income (expense), net gains and costs outside the businessus-gaap:OtherNonoperatingIncomeExpense

Income before income taxes profit before taxus-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments

Income tax expense tax charged on the period's profitus-gaap:IncomeTaxExpenseBenefit

Income from continuing operations profit from the businesses it keepsus-gaap:IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest

Income from discontinued operations profit or loss from businesses it sold or closedus-gaap:IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity

Net income including non-controlling interests the whole group's profit, minority holders' share includedus-gaap:ProfitLoss

Net income to non-controlling interests the share that belongs to minority holdersus-gaap:NetIncomeLossAttributableToNoncontrollingInterest

Net income the profit or loss that belongs to the company's shareholdersus-gaap:NetIncomeLoss

Net income to common shareholders what is left for common shareholdersus-gaap:NetIncomeLossAvailableToCommonStockholdersBasic

Earnings per share, basic net income per share outstandingus-gaap:EarningsPerShareBasic

Earnings per share, diluted net income per share, counting every share that could be issuedus-gaap:EarningsPerShareDiluted

Weighted average shares, basic the average count of shares outstandingus-gaap:WeightedAverageNumberOfSharesOutstandingBasic

Weighted average shares, diluted the average count with every share that could be issuedus-gaap:WeightedAverageNumberOfDilutedSharesOutstanding

SI Assistanton WMS · research, not advice