Advanced Drainage Systems WMS
NYSE WMS
$131.77 -1.90 (-1.42%)
As of: Sep 9, 2026 · 3:59 PM EDT

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

Historic Data

Download Data
DateValue
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