Advanced Drainage Systems, Inc.
WMSNYSEIndustrials● Active
$130.24
+$0.09(+0.07%)
Market Cap$10.0B
P/E Ratio—
52W High$179.315
52W Low$109.63
Advanced Drainage Systems, Inc. (WMS) Earnings: Dates, EPS & Revenue History
Quarterly EPS vs. estimates, revenue surprises, next earnings date, and analyst consensus.
WMS · earnings · updated Jun 8, 2026
Latest Earnings
Q2 FY2026Report Date: May 21, 2026EPS Actual
$1.07
Est. $0.94 · +14.3%
Revenue
$0.68B
Est. $0.65B · +3.8%
Fiscal Period
Q2 FY2026
FY ends December
Report Date
May 21, 2026
After Market Close
▲ Beat EPS▲ Beat Revenue🔥 4-Quarter EPS Beat Streak
WMS reports quarterly as a NYSE-listed Construction company. Fiscal year ends in December. Data: FMP · Updated hourly.
Next Earnings Date
Days Away
85
days
Expected Date
Sep 1, 2026
Fiscal Period
Q3 FY2026
Release Time
◌ Time TBD (Unconfirmed)EPS Est.
$0.21
Rev. $0.72B
Days Away85
Expected DateSep 1, 2026
Fiscal PeriodQ3 FY2026
Release TimeTime TBD (Unconfirmed)
EPS Est.$0.21
Rev. Est.$0.72B
EPS & Revenue vs. Estimates
Actual (Beat)
Actual (Miss)
Estimated
Earnings History
| Period | Report Date | EPS Est. | EPS Actual | EPS Surpr. | Revenue | Rev. Est. | Rev. Surpr. |
|---|---|---|---|---|---|---|---|
| ◌ Q3 FY2026 | Aug 6, 2026 | $2.10 | — | — | — | $0.98B | — |
| ▲ Q2 FY2026 | May 21, 2026 | $0.94 | $1.07 | +14.3% | $0.68B | $0.65B | +3.8% |
| ▲ Q1 FY2026 | Feb 5, 2026 | $1.11 | $1.27 | +14.4% | $0.69B | $0.69B | +0.9% |
| ▲ Q4 FY2025 | Nov 6, 2025 | $1.64 | $1.97 | +20.1% | $0.85B | $0.80B | +6.2% |
| ▲ Q3 FY2025 | Aug 7, 2025 | $1.75 | $1.95 | +11.4% | $0.69B | $0.80B | -13.4% |
| ▼ Q2 FY2025 | May 15, 2025 | $1.06 | $1.03 | -2.8% | $0.62B | $0.66B | -6.5% |
| ▼ Q1 FY2025 | Feb 6, 2025 | $1.34 | $1.09 | -18.7% | $0.69B | $0.66B | +4.3% |
| ▼ Q4 FY2024 | Nov 8, 2024 | $1.90 | $1.70 | -10.5% | $0.78B | $0.82B | -4.5% |
Q3 FY2026
Aug 6, 2026
EPS Actual
—
EPS Est.
$2.10
EPS Surpr.
—
Revenue
—
Q2 FY2026
May 21, 2026Beat
EPS Actual
$1.07
EPS Est.
$0.94
EPS Surpr.
+14.3%
Revenue
$0.68B
Q1 FY2026
Feb 5, 2026Beat
EPS Actual
$1.27
EPS Est.
$1.11
EPS Surpr.
+14.4%
Revenue
$0.69B
Q4 FY2025
Nov 6, 2025Beat
EPS Actual
$1.97
EPS Est.
$1.64
EPS Surpr.
+20.1%
Revenue
$0.85B
Q3 FY2025
Aug 7, 2025Beat
EPS Actual
$1.95
EPS Est.
$1.75
EPS Surpr.
+11.4%
Revenue
$0.69B
Q2 FY2025
May 15, 2025Miss
EPS Actual
$1.03
EPS Est.
$1.06
EPS Surpr.
-2.8%
Revenue
$0.62B
Q1 FY2025
Feb 6, 2025Miss
EPS Actual
$1.09
EPS Est.
$1.34
EPS Surpr.
-18.7%
Revenue
$0.69B
Q4 FY2024
Nov 8, 2024Miss
EPS Actual
$1.70
EPS Est.
$1.90
EPS Surpr.
-10.5%
Revenue
$0.78B
Analyst Estimates
Limited analyst coverage (fewer than 3 analysts). Estimates may not reflect market consensus.
EPS Estimates
| Period | Low | Consensus | High | # Analysts |
|---|---|---|---|---|
| Q1 FY2029 | $1.25 | $1.35 | $1.41 | 2 |
| Q4 FY2028 | $1.71 | $1.85 | $1.94 | 3 |
| Q3 FY2028 | $2.31 | $2.50 | $2.62 | 2 |
| Q2 FY2028 | $2.70 | $2.92 | $3.06 | 2 |
| Q1 FY2028 | $1.19 | $1.28 | $1.34 | 3 |
| Q4 FY2027 | $1.49 | $1.61 | $1.69 | 2 |
Revenue Estimates
| Period | Low | Consensus | High | # Analysts |
|---|---|---|---|---|
| Q1 FY2029 | $0.7B | $0.8B | $0.8B | 2 |
| Q4 FY2028 | $0.8B | $0.9B | $0.9B | 1 |
| Q3 FY2028 | $1.0B | $1.0B | $1.0B | 1 |
| Q2 FY2028 | $1.0B | $1.1B | $1.1B | 1 |
| Q1 FY2028 | $0.7B | $0.8B | $0.8B | 1 |
| Q4 FY2027 | $0.8B | $0.8B | $0.9B | 2 |
Earnings Price Reaction
Closing price one trading day before vs. one trading day after each earnings release.
| Period | Report Date | EPS Beat/Miss | Price Before | Price After | 1D Reaction |
|---|---|---|---|---|---|
| ▲ Q2 FY2026 | May 21, 2026 | +14.3% | $136.83 | $135.15 | -1.23% |
| ▲ Q1 FY2026 | Feb 5, 2026 | +14.4% | $160.26 | $170.03 | +6.10% |
| ▲ Q4 FY2025 | Nov 6, 2025 | +20.1% | $134.73 | $146.58 | +8.80% |
| ▲ Q3 FY2025 | Aug 7, 2025 | +11.4% | $113.91 | $133.52 | +17.22% |
| ▼ Q2 FY2025 | May 15, 2025 | -2.8% | $121.68 | $117.54 | -3.40% |
| ▼ Q1 FY2025 | Feb 6, 2025 | -18.7% | $116.01 | $117.68 | +1.44% |
| ▼ Q4 FY2024 | Nov 8, 2024 | -10.5% | $159.00 | $136.16 | -14.36% |
| ▲ Q3 FY2024 | Aug 8, 2024 | -1.0% | $148.99 | $146.22 | -1.86% |
Q2 FY2026-1.23%
Report Date
May 21, 2026
EPS Beat/Miss
+14.3%
Price Before
$136.83
Price After
$135.15
Q1 FY2026+6.10%
Report Date
Feb 5, 2026
EPS Beat/Miss
+14.4%
Price Before
$160.26
Price After
$170.03
Q4 FY2025+8.80%
Report Date
Nov 6, 2025
EPS Beat/Miss
+20.1%
Price Before
$134.73
Price After
$146.58
Q3 FY2025+17.22%
Report Date
Aug 7, 2025
EPS Beat/Miss
+11.4%
Price Before
$113.91
Price After
$133.52
Q2 FY2025-3.40%
Report Date
May 15, 2025
EPS Beat/Miss
-2.8%
Price Before
$121.68
Price After
$117.54
Q1 FY2025+1.44%
Report Date
Feb 6, 2025
EPS Beat/Miss
-18.7%
Price Before
$116.01
Price After
$117.68
Q4 FY2024-14.36%
Report Date
Nov 8, 2024
EPS Beat/Miss
-10.5%
Price Before
$159.00
Price After
$136.16
Q3 FY2024-1.86%
Report Date
Aug 8, 2024
EPS Beat/Miss
-1.0%
Price Before
$148.99
Price After
$146.22
Avg Beat Reaction+5.81%
Avg Miss Reaction-5.44%
Beat Rate5 / 8 quarters
Largest Move+17.22% (Q3 FY2025)
Data: FMP /historical-price-eod/full · field: close
About Earnings & Data Methodology
Data source: Financial Modeling Prep (FMP) | Updated: Hourly | Surprise%: (Actual − Estimate) / |Estimate| × 100 | Fiscal year: WMS ends December
Advanced Drainage Systems, Inc. (WMS) most recently reported earnings on May 21, 2026 for Q2 FY2026, posting EPS of $1.07 — beating the analyst consensus of $0.94 by +14.3%. WMS has beaten EPS estimates for 4 consecutive quarters. The next WMS earnings date is expected around September 1, 2026.
Each quarter, investors track WMS earnings for signals on forward guidance and business momentum. For longer-term revenue trends, see the Revenue tab. WMS revenue tab →
Earnings Glossary
EPS (Earnings Per Share)
Net income ÷ diluted shares outstanding. The primary metric analysts use to gauge quarterly profitability.
Earnings Surprise %
(Actual − Estimate) / |Estimate| × 100. Positive = Beat. Negative = Miss.
Beat / Miss / In-Line
Beat = Actual ≥ Estimate. Miss = Actual < Estimate. In-Line = within ±1%.
BMO / AMC
Before Market Open / After Market Close. Two windows when companies typically release results.
Fiscal Quarter
WMS's fiscal year ends in December. Fiscal quarters may not align with calendar quarters.
Analyst Consensus
Average EPS/Revenue forecast across all covering analysts. More analysts = more reliable estimate.
Figures tie to FMP earnings calendar, estimates, and SEC 10-Q/10-K filings where noted.
Frequently asked questions
WMS earnings · 5 questionsAdvanced Drainage Systems, Inc.'s next earnings report is expected around September 1, 2026. WMS typically reports quarterly — approximately every three months. The exact date is confirmed by the company 2–4 weeks before the release. Time is currently TBD; WMS historically reports after market close (AMC).
WMS earnings datewhen is WMS earningsWMS next earnings datewhen does WMS report earningsWMS earnings calendar
▸ Source: FMP · Advanced Drainage Systems, Inc. SEC filings · US GAAP · Advanced Drainage Systems, Inc. SEC 10-K & 10-Q filings · US GAAP · Updated: Jun 8, 2026