Advanced Drainage Systems (WMS) Research & Development (2013 - 2026)
Advanced Drainage Systems' (WMS) quarterly Research & Development came in at $130.8 million in Q2 2026, up 25.83% on a YoY basis from $104.0 million in Q2 2025, and up 20.3% quarter-over-quarter from $108.7 million in Q4 2025.
Analysis
Advanced Drainage Systems (WMS) Research & Development (2013 - 2026) Analysis & Trends
Advanced Drainage Systems (WMS) has reported Research & Development for 14 consecutive years, with $130.8 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Research & Development rose 25.83% year-over-year to $130.8 million; the trailing twelve-month figure through Jun 2026 stood at $462.7 million (up 17.77% YoY), and the FY2020 full-year result was $117.1 million, up 21.52% from the prior year.
- Research & Development advanced to $130.8 million in Q2 2026 per WMS's latest filing, from $108.7 million in the prior quarter.
- Across five years, Research & Development topped out at $130.8 million in Q2 2026 and bottomed at $85.9 million in Q4 2022.
- Historically, Research & Development has averaged $98.6 million across 5 years, with a median of $94.1 million in 2024.
- The sharpest annual moves came in 2023 and 2025: Research & Development fell 0.01% in 2023, then advanced 26.66% in 2025.
- Over 5 years, Research & Development stood at $85.9 million in 2022, then rose by 6.23% to $91.3 million in 2023, then advanced by 10.39% to $100.8 million in 2024, then climbed by 7.9% to $108.7 million in 2025, then climbed by 20.3% to $130.8 million in 2026.
- According to Business Quant data, Research & Development over the past three periods registered $130.8 million, $108.7 million, and $119.2 million for Q2 2026, Q4 2025, and Q3 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Otis Worldwide | 26.54 Bn | 25.73 Bn | 1.14 Bn | 39.00 Mn |
| 2 | James Hardie Industries | 17.99 Bn | 17.70 Bn | 548.70 Mn | 15.40 Mn |
| 3 | Masco | 13.79 Bn | 13.25 Bn | 868.00 Mn | - |
| 4 | Carlisle Companies | 13.57 Bn | 12.91 Bn | 568.40 Mn | 11.40 Mn |
| 5 | Allegion | 13.01 Bn | 12.69 Bn | 517.50 Mn | - |
| 6 | Owens Corning | 10.35 Bn | 10.08 Bn | 793.00 Mn | 35.00 Mn |
| 7 | Advanced Drainage Systems | 10.08 Bn | 9.92 Bn | 408.05 Mn | 130.82 Mn |
| 8 | Acuity Inc. (De) | 9.72 Bn | 9.31 Bn | 606.40 Mn | - |
| 9 | Zurn Elkay Water Solutions | 7.79 Bn | 7.42 Bn | 288.30 Mn | - |
| 10 | Simpson Manufacturing | 7.22 Bn | 6.77 Bn | 318.19 Mn | 52.85 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 130.82 Mn |
| Dec 31, 2025 | 108.74 Mn |
| Sep 30, 2025 | 119.22 Mn |
| Jun 30, 2025 | 103.96 Mn |
| Dec 31, 2024 | 100.78 Mn |
| Sep 30, 2024 | 94.13 Mn |
| Jun 30, 2024 | 94.05 Mn |
| Dec 31, 2023 | 91.29 Mn |
| Sep 30, 2023 | 91.73 Mn |
| Jun 30, 2023 | 86.51 Mn |
| Dec 31, 2022 | 85.94 Mn |
| Sep 30, 2022 | 88.64 Mn |
| Jun 30, 2022 | 86.52 Mn |
| Dec 31, 2021 | 80.06 Mn |
| Sep 30, 2021 | 73.95 Mn |
| Jun 30, 2021 | 76.22 Mn |
| Dec 31, 2020 | 66.61 Mn |
| Sep 30, 2020 | 65.70 Mn |
| Jun 30, 2020 | 28.16 Mn |
| Mar 31, 2020 | 30.77 Mn |