Advanced Drainage Systems reported second-quarter fiscal 2026 revenue of $1.00 billion, exceeding analyst estimates of $981.5 million and marking a 20.6% year-on-year increase. Adjusted earnings per share came in at $2.49, a 17.4% beat over the consensus estimate of $2.12, while adjusted EBITDA of $358.3 million surpassed expectations by 14.3%. The company reaffirmed its full-year revenue guidance of $3.45 billion and provided EBITDA guidance of $1.03 billion, both in line with analyst projections. Management attributed the strong performance to organic growth, the NDS acquisition, and disciplined pricing amid persistent cost inflation, while highlighting ongoing investments in recycling and automation to offset rising raw material and transportation costs.
Advanced Drainage Systems IncQ2 revenue and EPS beat estimates, with EBITDA above expectations.
