Filing Flows › Advanced Drainage Systems (WMS) › Guidance & outlook
Advanced Drainage Systems (WMS) guidance and outlook
Advanced Drainage Systems (WMS) lowered its guidance on Nov 5, 2026: Revenue $3.3B–$3.4B for FY2027; EBITDA $1.0B for FY2027; Capital expenditures $200M for FY2027. Advanced Drainage Systems' 10-Q filed Nov 5, 2026 makes 5 forward-looking statements.
Guidance and outlook
Latest guidance
| Metric | Period | Range | Change |
|---|---|---|---|
| Revenue | FY2027 | $3.3B–$3.4B | lowered |
| EBITDA | FY2027 | $1.0B | lowered |
| Capital expenditures | FY2027 | $200M | reaffirmed |
From the earnings release filed Nov 5, 2026 (8-K on EDGAR).
Forward-looking statements, 10-Q filed Nov 5, 2026
- In evaluating Adjusted EBITDA and Adjusted EBITDA Margin, you should be aware that in the future we will incur expenses that are the same as or similar to some of the adjustments in this presentation, such as stock-based
- There can be no assurance that any additional financing will be available to us on acceptable terms or at all.
- We plan to repatriate earnings from Canada and believe that there will be no additional tax costs associated with the repatriation of such earnings other than any potential non-U.S. withholding taxes.
- We currently anticipate that we will make capital expenditures of approximately $200 million in fiscal year 2027, including approximately $80 million of open orders as of September 30, 2026.
- We do not believe that this guarantee will have a current or future effect on our financial condition, results of operations, liquidity or capital resources.
Advanced Drainage Systems' latest quarter
Advanced Drainage Systems, Q2 FY27: revenue $889M (+5% year over year), operating margin 21.9%, net earnings $110M. The chart follows the revenue to costs, profit and cash.
Questions
Did Advanced Drainage Systems raise or lower its guidance?
Advanced Drainage Systems (WMS) lowered its guidance on Nov 5, 2026: Revenue $3.3B–$3.4B for FY2027; EBITDA $1.0B for FY2027; Capital expenditures $200M for FY2027.
What does Advanced Drainage Systems expect?
In evaluating Adjusted EBITDA and Adjusted EBITDA Margin, you should be aware that in the future we will incur expenses that are the same as or similar to some of the adjustments in this presentation, such as stock-based There can be no assurance that any additional financing will be available to us on acceptable terms or at all. We plan to repatriate earnings from Canada and believe that there will be no additional tax costs associated with the repatriation of such earnings other than any potential non-U.S. withholding taxes.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.