Advanced Drainage Systems, Inc. revenue

Advanced Drainage Systems, Inc.'s revenue was $3.05bn in fiscal 2026, up 5.0% on the year before. Since fiscal 2013 ($1.02bn) it has grown at a compound 8.8% a year. Over the last twelve months it was $3.22bn.

Revenue history

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

Advanced Drainage Systems, Inc.: revenue history, annual
Fiscal year	2013Mar 2013	2014Mar 2014	2015Mar 2015	2016Mar 2016	2017Mar 2017	2018Mar 2018	2019Mar 2019	2020Mar 2020	2021Mar 2021	2022Mar 2022	2023Mar 2023	2024Mar 2024	2025Mar 2025	2026Mar 2026	LTMJun 2026
Revenue	1,017	1,068	1,180	1,291	1,257	1,330	1,385	1,674	1,983	2,769	3,071	2,874	2,904	3,050	3,222
Growth on the year before	—	+5.0%	+10.5%	+9.4%	−2.6%	+5.8%	+4.1%	+20.9%	+18.5%	+39.7%	+10.9%	−6.4%	+1.0%	+5.0%	—
Gross profit	188	193	205	285	296	302	327	316	690	800	1,118	1,146	1,094	1,167	1,245
Gross margin	18.5%	18.0%	17.4%	22.1%	23.5%	22.7%	23.6%	18.9%	34.8%	28.9%	36.4%	39.9%	37.7%	38.3%	38.6%

US$ millions unless shown otherwise. Fiscal quarters.

Advanced Drainage Systems, Inc.: revenue history, quarterly
Quarter	2025 Q2Sept 2024	2025 Q3Dec 2024	2025 Q4Mar 2025	2026 Q1Jun 2025	2026 Q2Sept 2025	2026 Q3Dec 2025	2026 Q4Mar 2026	2027 Q1Jun 2026
Revenue	783	691	616	830	850	693	677	1,001
Growth on the same quarter a year before	—	—	—	—	+8.7%	+0.4%	+9.9%	+20.6%

Revenue as reported in the company's 10-K and 10-Q filings (for banks, net interest income plus non-interest income). Growth is left blank when the earlier figure was zero or negative.

Where the revenue comes from

Fiscal year to March 31, 2026

Segments
Line of business	Revenue	Share	YoY
Stormwater	$2.4B	78.6%	▲ 3.1%
Wastewater	$653M	21.4%	▲ 13.0%

Geography
Region	Revenue	Share	YoY
United States	$2.9B	93.7%	▲ 5.5%
Canada	$119M	3.9%	▼ 0.2%
Other Countries	$73.6M	2.4%	▼ 2.1%

From Advanced Drainage Systems, Inc.'s 10-K filed May 21, 2026, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.

Revenue against peers

Building Products: the closest covered companies by revenue. Last twelve months.

Company	Revenue	Growth	3-year growth a year
Advanced Drainage Systems, Inc.	$3.22bn	10.4%	3.2%
Jeld-wen Holding, Inc.	$3.15bn	-8.1%	-11.4%
Modine Manufacturing Co	$3.37bn	29.5%	12.3%
Masterbrand, Inc.	$2.78bn	-0.0%	-2.7%
A. O. Smith	$3.80bn	-0.7%	0.0%
Watts Water Technologies Inc	$2.68bn	17.1%	10.3%

Compare with peers

Head to head: JELD vs WMS MOD vs WMS MBC vs WMS

More: Building Products stocks compared, Industrials sector, rankings of US companies

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.