Advanced Drainage Systems (WMS) revenue breakdown
By segment, Stormwater is the largest at 79% of fiscal 2026 revenue; Wastewater grew fastest, 13% a year over 2 years.
By region, United States is the largest at 94% of fiscal 2026 revenue, growing 0% a year over 3 years.
Revenue by segment
Fiscal years, as Advanced Drainage Systems reports them in its 10-K filings; fiscal 2026 total $3.1B.
| Segments | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Share |
|---|---|---|---|---|---|---|---|---|---|---|
| Stormwater | — | — | — | — | — | — | $2.4B | $2.3B | $2.4B | 79% |
| Wastewater | — | — | — | — | — | — | $513M | $578M | $653M | 21% |
| Pipe | $845M | $869M | $953M | $1.1B | $1.5B | $1.7B | — | — | — | — |
| Allied Products & Other | $330M | $355M | $403M | $442M | $564M | $692M | — | — | — | — |
| Infiltrator | — | — | $169M | $329M | $460M | $442M | — | — | — | — |
| Total International | $156M | $161M | $149M | $158M | $205M | $220M | — | — | — | — |
Revenue by region
Fiscal years, as Advanced Drainage Systems reports them in its 10-K filings; fiscal 2026 total $3.1B.
| Regions | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Share |
|---|---|---|---|---|---|---|---|---|---|---|---|
| United States | — | — | — | — | — | — | $2.9B | $2.7B | $2.7B | $2.9B | 94% |
| Canada | — | — | — | — | — | — | $135M | $126M | $119M | $119M | 4% |
| Other | $14M | $16M | $18M | $19M | $16M | $23M | $85M | $82M | $75M | $74M | 2% |
| North America | $1.2B | $1.3B | $1.4B | $1.7B | $2.0B | $2.7B | — | — | — | — | — |
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Where does Advanced Drainage Systems make its money?
In fiscal 2026, by segment: Stormwater $2.4B, Wastewater $653M.
From Advanced Drainage Systems's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.