Advanced Drainage Systems (WMS) Cost of Revenue (2013 - 2026)

Advanced Drainage Systems has reported Cost of Revenue for 14 years, with the latest figure 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.
• The five-year high for Cost of Revenue was $1.7 billion in Q1 2022, with the low at $86.5 million in Q2 2023.
• Historically, Cost of Revenue has averaged $570.6 million across 5 years, with a median of $448.9 million in 2024.
• Annual changes were most pronounced in 2022 — Cost of Revenue slumped 82.5% — and 2024, when it soared 458.17%.
• Advanced Drainage Systems' Cost of Revenue stood at $431.2 million in 2022, then decreased by 6.66% to $402.5 million in 2023, then increased by 11.53% to $448.9 million in 2024, then plunged by 75.78% to $108.7 million in 2025, then soared 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.