Advanced Drainage Systems (WMS) Gross Margin (2013 - 2026)

Advanced Drainage Systems (WMS) has reported Gross Margin for 14 consecutive years, with 40.76% the latest figure, recorded in Q2 2026.

• For the quarter ending Q2 2026, Gross Margin rose 94.0% year-over-year to 40.76%; the trailing twelve-month figure through Jun 2026 stood at 38.65% (up 122.0% YoY), and the FY2026 full-year result was 38.27%, up 59.0% from the prior year.
• Gross Margin climbed to 40.76% in Q2 2026 per WMS's latest filing, from 35.12% in the prior quarter.
• Across five years, Gross Margin topped out at 42.6% in Q2 2023 and bottomed at 28.05% in Q1 2022.
• Historically, Gross Margin has averaged 37.51% across 5 years, with a median of 38.04% in 2022.
• The sharpest annual moves came in 2022 and 2024: Gross Margin soared 847 bps in 2022, then sank 424 bps in 2024.
• Over 5 years, Gross Margin stood at 34.18% in 2022, then rose by 15 bps to 39.23% in 2023, then fell by 11 bps to 34.99% in 2024, then climbed by 7 bps to 37.38% in 2025, then advanced by 9 bps to 40.76% in 2026.
• According to Business Quant data, Gross Margin over the past three periods registered 40.76%, 35.12%, and 37.38% for Q2 2026, Q1 2026, and Q4 2025 respectively.