Advanced Drainage Systems (WMS) Revenue & Revenue Breakdown

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Advanced Drainage Systems Revenue Highlights

Latest Revenue (Y)

$2.90B

Latest Revenue (Q)

$690.54M

Main Segment (Y)

Reportable Segment

Main Geography (Y)

UNITED STATES

Advanced Drainage Systems Revenue by Period

Advanced Drainage Systems Revenue by Year

Date	Revenue	Change
2025-03-31	$2.90B	1.04%
2024-03-31	$2.87B	-6.40%
2023-03-31	$3.07B	10.90%
2022-03-31	$2.77B	39.67%
2021-03-31	$1.98B	18.46%
2020-03-31	$1.67B	20.88%
2019-03-31	$1.38B	4.09%
2018-03-31	$1.33B	5.81%
2017-03-31	$1.26B	-2.50%
2016-03-31	$1.29B	9.48%
2015-03-31	$1.18B	10.18%
2014-03-31	$1.07B	5.10%
2013-03-31	$1.02B	0.33%
2012-03-31	$1.01B	17.45%
2011-03-31	$863.14M	-

Advanced Drainage Systems generated $2.90B in revenue during NA 2025, up 1.04% compared to the previous quarter, and up 173.51% compared to the same period a year ago.

Advanced Drainage Systems Revenue by Quarter

Date	Revenue	Change
2025-06-30	$690.54M	12.14%
2025-03-31	$615.76M	-10.83%
2024-12-31	$690.54M	-11.76%
2024-09-30	$782.61M	-4.01%
2024-06-30	$815.34M	24.70%
2024-03-31	$653.84M	-1.29%
2023-12-31	$662.37M	-15.11%
2023-09-30	$780.22M	0.28%
2023-06-30	$778.05M	25.99%
2023-03-31	$617.56M	-5.74%
2022-12-31	$655.17M	-25.90%
2022-09-30	$884.21M	-3.28%
2022-06-30	$914.19M	34.80%
2022-03-31	$678.19M	-5.20%
2021-12-31	$715.36M	1.26%
2021-09-30	$706.47M	5.55%
2021-06-30	$669.30M	50.81%
2021-03-31	$443.81M	-8.71%
2020-12-31	$486.14M	-10.67%
2020-09-30	$544.19M	6.99%
2020-06-30	$508.64M	37.19%
2020-03-31	$370.77M	-5.76%
2019-12-31	$393.42M	-20.67%
2019-09-30	$495.90M	19.87%
2019-06-30	$413.71M	51.98%
2019-03-31	$272.22M	-14.43%
2018-12-31	$318.11M	-21.75%
2018-09-30	$406.56M	4.82%
2018-06-30	$387.85M	55.07%
2018-03-31	$250.11M	-22.04%
2017-12-31	$320.83M	-20.00%
2017-09-30	$401.05M	11.91%
2017-06-30	$358.36M	46.76%
2017-03-31	$244.18M	-17.15%
2016-12-31	$294.72M	-18.31%
2016-09-30	$360.79M	0.90%
2016-06-30	$357.58M	45.71%
2016-03-31	$245.40M	-29.71%
2015-06-30	$349.12M	67.14%
2015-03-31	$208.88M	-24.91%
2014-12-31	$278.18M	-23.73%
2014-09-30	$364.72M	11.10%
2014-06-30	$328.30M	81.15%
2014-03-31	$181.23M	-30.47%
2013-12-31	$260.64M	-21.66%
2013-09-30	$332.73M	13.72%
2013-06-30	$292.58M	58.55%
2013-03-31	$184.54M	-

Advanced Drainage Systems generated $690.54M in revenue during Q1 2026, up 12.14% compared to the previous quarter, and up 105.61% compared to the same period a year ago.

Advanced Drainage Systems Revenue Breakdown

Advanced Drainage Systems Revenue Breakdown by Product

Annual Revenue by Product

Product/Service	Mar 25	Mar 24	Mar 23	Mar 22	Mar 21
Infiltrator Water Technologies Segment	$596.21M	$531.24M	$965.92M	$460.50M	-
Pipe Segment	$1.56B	$1.59B	$3.48B	$1.54B	$1.05B
Reportable Segment	$2.36B	-	-	-	-
Allied Products And Other Business Segments	$707.28M	$684.33M	$1.39B	$564.07M	$442.45M
International Segment	$206.34M	$222.00M	$917.84M	$205.31M	$158.27M
Infiltrator Segment	-	-	-	-	$329.14M

Advanced Drainage Systems's latest annual revenue breakdown by segment (product or service), as of Mar 25: Reportable Segment (43.48%), Pipe Segment (28.70%), Allied Products And Other Business Segments (13.03%), Infiltrator Water Technologies Segment (10.99%), and International Segment (3.80%).

Quarterly Revenue by Product

Product/Service	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Mar 24	Dec 23	Jun 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20
Allied Products And Other Business Segments	$202.85M	$191.17M	$150.36M	$165.23M	$191.11M	$48.97M	$159.16M	$182.46M	$147.71M	$199.59M	$196.16M	$148.16M	$146.16M	$142.72M	$127.04M	$97.92M	$109.62M	$118.00M	$116.92M	$87.84M
Reportable Segment, Aggregation before Other Operating Segment	$-31.71M	$-31.13M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
International Segment	$-1.30M	$-1.24M	$31.39M	$53.28M	$60.06M	$28.04M	$58.37M	$52.25M	$53.65M	$66.12M	$65.66M	$34.31M	$50.14M	$58.40M	$62.45M	$31.63M	$42.41M	$48.40M	$35.83M	$23.01M
Infiltrator Water Technologies Segment	$196.37M	$194.96M	$140.11M	$152.38M	$148.69M	$62.68M	$131.14M	$122.91M	$88.93M	$128.28M	$137.38M	$106.93M	$122.36M	$123.50M	$81.22M	$87.29M	$84.08M	$58.11M	-	-
Pipe Segment	$426.81M	$428.81M	$329.96M	$356.01M	$425.10M	$65.30M	$360.73M	$420.43M	$364.88M	$490.21M	$514.98M	$388.78M	$396.69M	$381.85M	$372.11M	$237.72M	$252.90M	$290.50M	$271.81M	$201.80M
Intersegment Eliminations	$35.60M	$-34.80M	$-36.05M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Infiltrator Segment	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$107.70M	-	-	-	-	-

Advanced Drainage Systems's latest quarterly revenue breakdown by segment (product or service), as of Sep 25: Pipe Segment (51.51%), Allied Products And Other Business Segments (24.48%), Infiltrator Water Technologies Segment (23.70%), Intersegment Eliminations (4.30%), International Segment (-0.16%), and Reportable Segment, Aggregation before Other Operating Segment (-3.83%).

Advanced Drainage Systems Revenue Breakdown by Country

Annual Revenue by Country

Country	Mar 25	Mar 24	Mar 23	Mar 22	Mar 21
UNITED STATES	$2.71B	-	-	-	-
CANADA	$119.49M	-	-	-	-
Other Countries	$75.14M	$20.90M	$25.71M	$22.79M	$15.83M
North America	-	$2.85B	$3.05B	$2.75B	$1.97B
Pipe Segment	-	-	-	$1.54B	-
Infiltrator Water Technologies Segment	-	-	-	$460.50M	-
Allied Products And Other Business Segments	-	-	-	$564.07M	-
International Segment	-	-	-	$205.31M	-

Advanced Drainage Systems's latest annual revenue breakdown by geography, as of Mar 25: UNITED STATES (93.30%), CANADA (4.11%), and Other Countries (2.59%).

Quarterly Revenue by Country

Country	Jun 19	Mar 19	Dec 18	Sep 18	Jun 18	Mar 18
Non Us	$39.33M	$21.03M	$38.93M	$55.29M	$45.35M	$23.93M
UNITED STATES	$374.38M	$251.19M	$279.18M	$351.27M	$342.50M	$226.18M

Advanced Drainage Systems's latest quarterly revenue breakdown by geography, as of Jun 19: UNITED STATES (90.49%), and Non Us (9.51%).

Advanced Drainage Systems Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
PAC	Grupo Aeroportuario del Pacífico	$33.22B	$8.49B
BLDR	Builders FirstSource	$16.40B	$3.94B
SWK	Stanley Black & Decker	$15.37B	$3.76B
OC	Owens Corning	$10.97B	$2.68B
BAH	Booz Allen Hamilton	$10.66B	$2.89B
MAS	Masco	$7.83B	$1.92B
CNM	Core & Main	$7.44B	$2.06B
CLH	Clean Harbors	$5.89B	$1.55B
BLD	TopBuild	$5.33B	$1.39B
WMS	Advanced Drainage Systems	$2.90B	$690.54M
AWI	Armstrong World Industries	$1.45B	$425.20M

WMS Revenue FAQ

What is Advanced Drainage Systems’s yearly revenue?

Advanced Drainage Systems's yearly revenue for 2025 was $2.9B, representing an increase of 1.04% compared to 2024. The company's yearly revenue for 2024 was $2.87B, representing a decrease of -6.40% compared to 2023. WMS's yearly revenue for 2023 was $3.07B, representing an increase of 10.90% compared to 2022.

What is Advanced Drainage Systems’s quarterly revenue?

Advanced Drainage Systems's quarterly revenue for Q1 2026 was $690.54M, a 12.14% increase from the previous quarter (Q4 2025), and a -15.31% decrease year-over-year (Q1 2025). The company's quarterly revenue for Q4 2025 was $615.76M, a -10.83% decrease from the previous quarter (Q3 2025), and a -5.82% decrease year-over-year (Q4 2024). WMS's quarterly revenue for Q3 2025 was $690.54M, a -11.76% decrease from the previous quarter (Q2 2025), and a 4.25% increase year-over-year (Q3 2024).

What is Advanced Drainage Systems’s revenue growth rate?

Advanced Drainage Systems's revenue growth rate for the last 3 years (2023-2025) was -5.43%, and for the last 5 years (2021-2025) was 46.47%.

What are Advanced Drainage Systems’s revenue streams?

Advanced Drainage Systems's revenue streams in r 25 are Infiltrator Water Technologies Segment, Pipe Segment, Reportable Segment, Allied Products And Other Business Segments, and International Segment. Infiltrator Water Technologies Segment generated $596.21M in revenue, accounting 10.99% of the company's total revenue, up 12.23% year-over-year. Pipe Segment generated $1.56B in revenue, accounting 28.70% of the company's total revenue, down -1.85% year-over-year. Reportable Segment generated $2.36B in revenue, accounting 43.48% of the company's total revenue Allied Products And Other Business Segments generated $707.28M in revenue, accounting 13.03% of the company's total revenue, up 3.35% year-over-year. International Segment generated $206.34M in revenue, accounting 3.80% of the company's total revenue, down -7.06% year-over-year.

What is Advanced Drainage Systems’s main source of revenue?

For the fiscal year ending Mar 25, the largest source of revenue of Advanced Drainage Systems was Reportable Segment. This segment made a revenue of $2.36B, representing 43.48% of the company's total revenue.