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Advanced Drainage Systems, Inc. income statement

In fiscal 2026, Advanced Drainage Systems, Inc. reported revenue of $3.05bn, up 5.0% on the year before, operating income of $619m (a 20.3% margin) and net income of $426m, or $5.44 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.

Income statement

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Advanced Drainage Systems, Inc.: income statement, annual
Fiscal year2013Mar 20132014Mar 20142015Mar 20152016Mar 20162017Mar 20172018Mar 20182019Mar 20192020Mar 20202021Mar 20212022Mar 20222023Mar 20232024Mar 20242025Mar 20252026Mar 2026LTMJun 2026
Revenue1,0171,0681,1801,2911,2571,3301,3851,6741,9832,7693,0712,8742,9043,0503,222
Cost of revenue————9611,0281,058————————
Gross profit1881932052852963023273166908001,1181,1461,0941,1671,245
Selling, general and administrative——————186271268——————
Selling and marketing727480889193—————————
General and administrative5063769311198—————————
Operating income574839947688129−95345412719732657619668
Income before tax39315596577112−180312384657667589560599
Income tax16206232511301486110151159141135142
Net income214−825626278−193224271507510450426451
Diluted EPS$0.27−$0.21−$0.38$0.39$0.99$0.99$1.22−$3.21$2.59$3.15$6.08$6.45$5.76$5.44$5.77
Diluted shares (average)47m47m51m55m56m56m58m64m72m73m83m79m78m78m78m
EBITDA121112104165149150189−33411554864887841835896

EBITDA is operating income plus depreciation and amortisation. EPS and share counts are restated for stock splits. A dash means the company did not report the line for that period; expense lines are shown as reported, so they need not add up to the totals when a company reports other items between them.

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Figures from Advanced Drainage Systems, Inc.'s SEC filings (10-K and 10-Q), retrieved October 20, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Advanced Drainage Systems, Inc.