Advanced Drainage Systems (WMS) Cost of Revenue (2013 - 2026)
Advanced Drainage Systems posted quarterly Cost of Revenue of $1.6 billion for Q1 2026, up 1.97% year-on-year from $1.5 billion in Q1 2025, and up 1326.37% on a QoQ basis from $108.7 million in Q4 2025.
Advanced Drainage Systems (WMS) has 14 years of Cost of Revenue data on file, last reported at $1.6 billion in Q1 2026.
- For the quarter ending Q1 2026, Cost of Revenue rose 1.97% year-over-year to $1.6 billion; the trailing twelve-month figure through Mar 2026 stood at $2.7 billion (down 9.25% YoY), and the FY2026 full-year result was $1.9 billion, up 4.03% from the prior year.
- Cost of Revenue for Q1 2026 stood at $1.6 billion, up from $108.7 million in the prior quarter.
- Across five years, Cost of Revenue topped out at $1.7 billion in Q1 2022 and bottomed at $86.5 million in Q2 2023.
- The 5-year median for Cost of Revenue is $448.9 million (2024), against an average of $570.6 million.
- The widest annual swing landed in 2022, when Cost of Revenue plunged 82.5%; it then soared 458.17% in 2024.
- A 5-year view of Cost of Revenue shows it stood at $431.2 million in 2022, then slipped by 6.66% to $402.5 million in 2023, then rose by 11.53% to $448.9 million in 2024, then tumbled by 75.78% to $108.7 million in 2025, then jumped by 1326.37% to $1.6 billion in 2026.
- The last three Cost of Revenue figures came in at $1.6 billion (Q1 2026), $108.7 million (Q4 2025), and $510.2 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Trane Technologies | 99.95 Bn | 98.89 Bn | 1.73 Bn | 3.24 Bn |
| 2 | Johnson Controls International | 84.54 Bn | 84.01 Bn | 2.07 Bn | 3.72 Bn |
| 3 | Carrier Global | 52.72 Bn | 51.70 Bn | 4.82 Bn | 525.00 Mn |
| 4 | Lennox International | 16.87 Bn | 16.82 Bn | 351.30 Mn | 783.80 Mn |
| 5 | Masco | 13.72 Bn | 13.60 Bn | 686.00 Mn | 1.23 Bn |
| 6 | Carlisle Companies | 13.62 Bn | 12.85 Bn | 363.20 Mn | 688.90 Mn |
| 7 | Aaon | 10.97 Bn | 10.97 Bn | 109.77 Mn | 314.45 Mn |
| 8 | SPX Technologies | 10.37 Bn | 10.22 Bn | 230.60 Mn | 336.20 Mn |
| 9 | Advanced Drainage Systems | 10.34 Bn | 10.19 Bn | 237.66 Mn | 1.55 Bn |
| 10 | Owens Corning | 9.48 Bn | 9.24 Bn | 510.00 Mn | 1.76 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.55 Bn |
| Mar 31, 2026 | 1.55 Bn |
| Dec 31, 2025 | 434.20 Mn |
| Dec 31, 2025 | 434.20 Mn |
| Sep 30, 2025 | 119.22 Mn |
| Sep 30, 2025 | 119.22 Mn |
| Jun 30, 2025 | 103.96 Mn |
| Jun 30, 2025 | 103.96 Mn |
| Mar 31, 2025 | 389.51 Mn |
| Mar 31, 2025 | 389.51 Mn |
| Dec 31, 2024 | 448.94 Mn |
| Dec 31, 2024 | 448.94 Mn |
| Sep 30, 2024 | 94.13 Mn |
| Sep 30, 2024 | 94.13 Mn |
| Jun 30, 2024 | 482.88 Mn |
| Jun 30, 2024 | 482.88 Mn |
| Mar 31, 2024 | 401.88 Mn |
| Mar 31, 2024 | 401.88 Mn |
| Dec 31, 2023 | 402.52 Mn |
| Dec 31, 2023 | 402.52 Mn |
| Sep 30, 2023 | 91.73 Mn |
| Sep 30, 2023 | 91.73 Mn |
| Jun 30, 2023 | 86.51 Mn |
| Jun 30, 2023 | 86.51 Mn |
| Mar 31, 2023 | 1.69 Bn |
| Mar 31, 2023 | 1.69 Bn |
| Dec 31, 2022 | 431.25 Mn |
| Dec 31, 2022 | 431.25 Mn |
| Sep 30, 2022 | 564.25 Mn |
| Sep 30, 2022 | 564.25 Mn |
| Jun 30, 2022 | 562.08 Mn |
| Jun 30, 2022 | 562.08 Mn |
| Mar 31, 2022 | 1.72 Bn |
| Mar 31, 2022 | 1.72 Bn |
| Dec 31, 2021 | 80.06 Mn |
| Dec 31, 2021 | 80.06 Mn |
| Sep 30, 2021 | 506.41 Mn |
| Sep 30, 2021 | 506.41 Mn |
| Jun 30, 2021 | 76.22 Mn |
| Jun 30, 2021 | 76.22 Mn |
| Mar 31, 2021 | 316.59 Mn |
| Mar 31, 2021 | 316.59 Mn |
| Dec 31, 2020 | 317.64 Mn |
| Dec 31, 2020 | 317.64 Mn |
| Sep 30, 2020 | 65.70 Mn |
| Sep 30, 2020 | 65.70 Mn |
| Jun 30, 2020 | 320.14 Mn |
| Jun 30, 2020 | 320.14 Mn |
| Mar 31, 2020 | 262.01 Mn |
| Mar 31, 2020 | 262.01 Mn |
| Dec 31, 2019 | 270.07 Mn |
| Dec 31, 2019 | 270.07 Mn |
| Sep 30, 2019 | 349.38 Mn |
| Sep 30, 2019 | 349.38 Mn |
| Jun 30, 2019 | 307.26 Mn |
| Jun 30, 2019 | 307.26 Mn |
| Mar 31, 2019 | 985.61 Mn |
| Mar 31, 2019 | 985.61 Mn |
| Dec 31, 2018 | 245.71 Mn |
| Dec 31, 2018 | 245.71 Mn |
| Sep 30, 2018 | 24.73 Mn |
| Sep 30, 2018 | 24.73 Mn |
| Jun 30, 2018 | 288.16 Mn |
| Jun 30, 2018 | 288.16 Mn |
| Mar 31, 2018 | -733.11 Mn |
| Mar 31, 2018 | -733.11 Mn |
| Dec 31, 2017 | 22.90 Mn |
| Dec 31, 2017 | 22.90 Mn |
| Sep 30, 2017 | 24.35 Mn |
| Sep 30, 2017 | 24.35 Mn |
| Jun 30, 2017 | 271.62 Mn |
| Jun 30, 2017 | 271.62 Mn |
| Mar 31, 2017 | 22.74 Mn |
| Mar 31, 2017 | 22.74 Mn |
| Dec 31, 2016 | 21.29 Mn |
| Dec 31, 2016 | 21.29 Mn |
| Sep 30, 2016 | 23.21 Mn |
| Sep 30, 2016 | 23.21 Mn |
| Jun 30, 2016 | 24.23 Mn |
| Jun 30, 2016 | 24.23 Mn |
| Mar 31, 2016 | -720.95 Mn |
| Mar 31, 2016 | -720.95 Mn |
| Dec 31, 2015 | 237.99 Mn |
| Dec 31, 2015 | 237.99 Mn |
| Sep 30, 2015 | 296.80 Mn |
| Sep 30, 2015 | 296.80 Mn |
| Jun 30, 2015 | 274.65 Mn |
| Jun 30, 2015 | 274.65 Mn |
| Mar 31, 2015 | 19.88 Mn |
| Mar 31, 2015 | 19.88 Mn |
| Dec 31, 2014 | 20.11 Mn |
| Dec 31, 2014 | 20.11 Mn |
| Sep 30, 2014 | 296.58 Mn |
| Sep 30, 2014 | 296.58 Mn |
| Jun 30, 2014 | 265.13 Mn |
| Jun 30, 2014 | 265.13 Mn |
| Mar 31, 2014 | 170.56 Mn |
| Mar 31, 2014 | 170.56 Mn |
| Dec 31, 2013 | 16.37 Mn |
| Dec 31, 2013 | 16.37 Mn |
| Sep 30, 2013 | 18.64 Mn |
| Sep 30, 2013 | 18.64 Mn |
| Jun 30, 2013 | 16.52 Mn |
| Jun 30, 2013 | 16.52 Mn |