Common Stock, $0.01 par value per share
- Symbol
- WMS
- Exchange
- NYSE
- Classification
- COMMON
- Status
- Current
Current Report · Items 2.02, 7.01, 8.01, 9.01 · 8-K
ADVANCED DRAINAGE SYSTEMS, INC.
WMSNYSEEQUITYCurrent
Results of Operations and Financial Condition · Regulation FD Disclosure · Other Events
Item 2.02 Results of Operations and Financial Condition On February 5, 2026, Advanced Drainage Systems, Inc. (the "Company") issued a press release setting forth the Company’s unaudited results for the fiscal third quarter ended December 31, 2025 and announcing a $1 billion increase to its stock repurchase program.…
Registered securities in this filing
ADVANCED DRAINAGE SYSTEMS, INC. · 8-K · Filed 2026-02-05
Disclosure sections
Item 2.02Item 2.02 - Results of Operations
Item 2.02 Results of Operations and Financial Condition
On February 5, 2026, Advanced Drainage Systems, Inc. (the "Company") issued a press release setting forth the Company’s unaudited results for the fiscal third quarter ended December 31, 2025 and announcing a $1 billion increase to its stock repurchase program. A copy of the Company’s press release with the results is being furnished as Exhibit 99.1 and hereby incorporated by reference.
The information furnished pursuant to this Item 2.02, including Exhibit 99.1, shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934 (the "Exchange Act") or otherwise subject to the liabilities under Section 18 of the Exchange Act and shall not be deemed to be incorporated by reference into any filing of the Company under the Securities Act of 1933 or the Exchange Act.
Item 7.01Item 7.01 - Regulation FD Disclosure
Item 7.01 Regulation FD Disclosure
As previously announced, at 10:00 a.m. (Eastern time) on February 5, 2026, the Company’s President and Chief Executive Officer, Scott Barbour, and Chief Financial Officer, Scott Cottrill, will host a conference call and webcast to discuss the Company’s unaudited results for the third quarter ended December 31, 2025. A copy of the Company’s slides forming the basis of the presentation is being furnished as Exhibit 99.2 and hereby incorporated by reference.
The live webcast will also be accessible via the "Events Calendar" section of the Company’s Investor Relations website, www.investors.ads-pipe.com. An archived version of the webcast will be available following the call.
Item 8.01Item 8.01 - Other Events
Item 8.01 Other Events
On February 5, 2026, the Company announced a $1 billion increase in the size of the Company’s existing stock repurchase program (the “Repurchase Program”). As of the date hereof there was approximately $147.7 million of remaining repurchase authority under the Repurchase Program, bringing the total repurchase authority under the Repurchase Program with the announced increase to $1.148 billion. Repurchases of shares of common stock will be made in the open market or in privately negotiated transactions in accordance with applicable securities laws. The Repurchase Program does not obligate the Company to acquire any particular amount of common stock, and it may be suspended or terminated at any time at the Company’s discretion.
Additionally on February 5, 2026, the Company issued a press release announcing the approval by the Board of Directors (the "Board") of the Company of the declaration of a cash dividend of $0.18 per share, payable on March 16, 2026, to stockholders of record at the close of business on March 2, 2026. A copy of the Company’s press release is attached hereto as Exhibit 99.3 and hereby incorporated by reference.
Filed exhibits (2)
Q3 Fiscal 2026 Financial Results February 5, 2026 Management Presenters 2 Scott Barbour President and Chief Executive Officer Scott Cottrill Executive Vice President, Chief Financial Officer Craig Taylor President, Infiltrator Mike Higgins Vice President, Corporate Strategy & Investor Relations Forward Looking Statements and Non - GAAP Financial Metrics 3 Forward Looking Statements Certain statements in this press release may be deemed to be forward - looking statements. These statements are not historical fac ts but rather are based on the Company’s current expectations, estimates and projections regarding the Company’s business, operations and other factors relating thereto. Words such as “may,” “will,” “could,” “would,” “should,” “anticipate,” “predict,” “potential,” “continue,” “expects,” “intends,” “plans,” “projects,” “believes,” “estimates,” “confident” and similar expressions are used to identify these forward - looking statements. Factors that could cause actual results to differ from those reflected in forward - looking statements relating to our operations and business include: fluctuations in the price and ava ilability of resins and other raw materials, new tariff an…
Open exhibit ↗Exhibit 99.1 ADVANCED DRAINAGE SYSTEMS ANNOUNCES THIRD QUARTER FISCAL 2026 RESULTS, INCREASES STOCK REPURCHASE AUTHORIZATION HILLIARD, Ohio - (February 5, 2026) - Advanced Drainage Systems, Inc. (NYSE: WMS) (“ADS” or the “Company”), a leading provider of innovative water management solutions in the stormwater and onsite wastewater industries today announced financial results for the fiscal third quarter ended December 31, 2025. Third Quarter Fiscal 2026 Results • Net sales increased $2.8 million or 0.4% to $693.4 million • Net income increased $11.7 million or 14.3% to $94.0 million • Net income per diluted share increased $0.15 or 14.4% to $1.19 • Adjusted EBITDA (Non-GAAP) increased $17.7 million or 9.3% to $209.2 million • Adjusted Earnings per share (Non-GAAP) increased $0.18 or 16.5% to $1.27 Year-to-Date Fiscal 2026 Results • Net sales increased $85.1 million or 3.7% to $2.4 billion • Net income increased $18.8 million or 5.0% to $394.6 million • Net income per diluted share increased $0.25 or 5.2% to $5.02 • Adjusted EBITDA (Non-GAAP) increased $62.4 million or 8.8% to $774.9 million • Adjusted Earnings per share (Non-GAAP) increased $0.34 or 7.0% to $5.20 Sc…
Open exhibit ↗