Filing Flows › Advanced Drainage Systems (WMS) › Q2 FY27 › vs Q2 FY26
Advanced Drainage Systems (WMS) Q2 FY27 vs Q2 FY26 (year over year)
Advanced Drainage Systems's revenue rose $39.0M (+5%) from $850M in Q2 FY26 to $889M in Q2 FY27. The biggest changes: Stormwater +$41.4M (+6%); Wastewater −$2.4M (-1%). Gross margin 38.9% against 40.0% (-1.1 pts).
Advanced Drainage Systems, Q2 FY27: revenue $889M (+5% year over year), operating margin 21.9%, net earnings $110M. The chart draws each line against Q2 FY26, the increases inside each band.
Margins
| Q2 FY27 | Q2 FY26 | Change | |
|---|---|---|---|
| Gross margin | 38.9% | 40.0% | -1.1 pts |
| Operating margin | 21.9% | 26.3% | -4.3 pts |
| Net margin | 12.4% | 18.3% | -5.9 pts |
Every line
| Line | Q2 FY27 | Q2 FY26 | Change | % |
|---|---|---|---|---|
| Stormwater | $712M | $671M | $41.4M | +6% |
| Wastewater | $177M | $180M | −$2.4M | -1% |
| Revenue | $889M | $850M | $39.0M | +5% |
| Gross profit | $346M | $340M | $5.7M | +2% |
| Cost of revenue | $544M | $510M | $33.3M | +7% |
| Operating profit | $195M | $223M | −$28.4M | -13% |
| Operating expenses | $151M | $117M | $34.1M | +29% |
| Pre-tax earnings | $154M | $209M | −$54.6M | -26% |
| Other expense, net | $40.6M | $14.4M | $26.2M | +182% |
| Loss borne by minority interests | $338K | −$483K | $821K | — |
| Net earnings | $110M | $156M | −$45.6M | -29% |
| Income tax | $44.2M | $52.4M | −$8.2M | -16% |
Questions
How much did Advanced Drainage Systems's revenue grow year over year in Q2 FY27?
Advanced Drainage Systems's revenue rose $39.0M (+5%) from $850M in Q2 FY26 to $889M in Q2 FY27.
What drove Advanced Drainage Systems's revenue change in Q2 FY27?
Stormwater +$41.4M (+6%); Wastewater −$2.4M (-1%).