Water Transmission Systems was NWPX Infrastructure’s largest segment in fiscal 2025, bringing in $350.88M of $526.00M (67%).
| Segment | FY 2010 | FY 2011 | FY 2011 | FY 2011 | FY 2011 | FY 2012 | FY 2012 | FY 2012 | FY 2012 | FY 2013 | FY 2013 | FY 2013 | FY 2013 | FY 2014 | FY 2014 | FY 2014 | FY 2014 | FY 2015 | FY 2015 | FY 2015 | FY 2016 | FY 2016 | FY 2016 | FY 2019 | FY 2020 | FY 2020 | FY 2020 | FY 2020 | FY 2021 | FY 2021 | FY 2021 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Water Transmission Systems | — | $296.38M | $337.95M | $350.88M | ||||||||||||||||||||||||||||||||
| Engineered Steel Pressure Pipe | $307.57M | — | — | — | ||||||||||||||||||||||||||||||||
| Water Transmission | — | — | — | — | ||||||||||||||||||||||||||||||||
| Revenue, Net | — | — | — | — | ||||||||||||||||||||||||||||||||
| Water Transmission Group | — | — | — | — | ||||||||||||||||||||||||||||||||
| Precast Infrastructure & Engineered Systems | $150.09M | $147.97M | $154.60M | $175.12M | ||||||||||||||||||||||||||||||||
| Tubular Products | — | — | — | — | ||||||||||||||||||||||||||||||||
| Total | $457.67M | $444.36M | $492.55M | $526.00M |
NWPX Infrastructure brought in $526.00M from its two segments in fiscal 2025, the year ended December 31, 2025. That was up 6.8% from $492.55M in fiscal 2024. Water Transmission Systems was the largest at $350.88M (66.7%), ahead of Precast Infrastructure & Engineered Systems at $175.12M (33.3%).
Compared with fiscal 2024, Precast Infrastructure & Engineered Systems grew 13.3% to $175.12M and Water Transmission Systems grew 3.8% to $350.88M.
NWPX Infrastructure began breaking out Water Transmission Systems in fiscal 2023, when it brought in $296.38M. NWPX Infrastructure stopped reporting Engineered Steel Pressure Pipe as a separate segment after fiscal 2022, when it brought in $307.57M.
United States was NWPX Infrastructure’s largest region in fiscal 2025, bringing in $487.61M of $526.00M (93%).
| Geography | FY 2011 | FY 2012 | FY 2013 | FY 2014 | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| United States | $423.96M | $420.93M | $475.11M | $487.61M | ||||||||||
| Other | — | — | — | — | ||||||||||
| Non-Us | — | — | — | — | ||||||||||
| Non Us | — | — | — | — | ||||||||||
| Canada | $33.70M | $23.43M | $17.44M | $38.39M | ||||||||||
| Total | $457.67M | $444.36M | $492.55M | $526.00M |
NWPX Infrastructure brought in $526.00M from its two regions in fiscal 2025, the year ended December 31, 2025. That was up 6.8% from $492.55M in fiscal 2024. United States was the largest at $487.61M (92.7%), ahead of Canada at $38.39M (7.3%).
Compared with fiscal 2024, Canada grew 120.1% to $38.39M and United States grew 2.6% to $487.61M. From fiscal 2022 to 2025, combined revenue from these regions grew from $457.67M to $526.00M, a compound annual growth rate of 4.7%. United States' share held steady at about 92.7%.
Transferred Over Time was NWPX Infrastructure’s largest revenue line in fiscal 2025, bringing in $350.88M of $526.00M (67%).
| Timing of Transfer of Good or Service | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|---|
| Transferred Over Time | $307.57M | $296.38M | $337.95M | $350.88M | ||||
| Transferred At Point In Time | $150.09M | $147.97M | $154.60M | $175.12M | ||||
| Total | $457.67M | $444.36M | $492.55M | $526.00M |
NWPX Infrastructure brought in $526.00M from its two revenue lines in fiscal 2025, the year ended December 31, 2025. That was up 6.8% from $492.55M in fiscal 2024. Transferred Over Time was the largest at $350.88M (66.7%), ahead of Transferred At Point In Time at $175.12M (33.3%).
Compared with fiscal 2024, Transferred At Point In Time grew 13.3% to $175.12M and Transferred Over Time grew 3.8% to $350.88M. From fiscal 2022 to 2025, combined revenue from these revenue lines grew from $457.67M to $526.00M, a compound annual growth rate of 4.7%. Transferred Over Time's share held steady at about 66.7%.
NWPX Infrastructure (NWPX) reports its revenue by segment, by geography and by timing of transfer of good or service. In fiscal 2025, Water Transmission Systems was its largest segment, bringing in $350.88M (66.7% of the total), followed by Precast Infrastructure & Engineered Systems at $175.12M (33.3%).
Water Transmission Systems was NWPX Infrastructure's largest segment in fiscal 2025, bringing in $350.88M, or 66.7% of the $526.00M total across its two segments.
United States was NWPX Infrastructure's largest region in fiscal 2025, bringing in $487.61M, or 92.7% of the $526.00M total across its two regions.
Transferred Over Time was NWPX Infrastructure's largest revenue line in fiscal 2025, bringing in $350.88M, or 66.7% of the $526.00M total across its two revenue lines.
Precast Infrastructure & Engineered Systems grew faster than Water Transmission Systems in fiscal 2025, up 13.3% from $154.60M to $175.12M. Water Transmission Systems grew 3.8% to $350.88M.
Every figure comes from NWPX Infrastructure's annual financial filings, as reported. Each line keeps the name NWPX Infrastructure gives it, and years follow its fiscal calendar.
NWPX Infrastructure's revenue by segment goes back to fiscal 2010, with figures through fiscal 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.