Advanced Drainage Systems (WMS) Deferred Taxes (2016 - 2026)

Advanced Drainage Systems (WMS) has reported Deferred Taxes for 11 consecutive years, with $1.2 million the latest figure, recorded in Q2 2026.

• For the quarter ending Q2 2026, Deferred Taxes rose 130.95% year-over-year to $1.2 million; the trailing twelve-month figure through Jun 2026 stood at $40.3 million (up 1347.85% YoY), and the FY2026 full-year result was $35.4 million, up 8465.25% from the prior year.
• Deferred Taxes declined to $1.2 million in Q2 2026 per WMS's latest filing, from $10.3 million in the prior quarter.
• Across five years, Deferred Taxes topped out at $19.0 million in Q3 2025 and bottomed at -$5.7 million in Q1 2023.
• Historically, Deferred Taxes has averaged $1.1 million across 5 years, with a median of -$937500.0 in 2024.
• The sharpest annual moves came in 2022 and 2024: Deferred Taxes slumped 3665.31% in 2022, then soared 1610.87% in 2024.
• Over 5 years, Deferred Taxes stood at -$1.0 million in 2022, then surged by 82.44% to -$184000.0 in 2023, then jumped by 1610.87% to $2.8 million in 2024, then jumped by 253.53% to $9.8 million in 2025, then tumbled by 88.2% to $1.2 million in 2026.
• According to Business Quant data, Deferred Taxes over the past three periods registered $1.2 million, $10.3 million, and $9.8 million for Q2 2026, Q1 2026, and Q4 2025 respectively.