What changed in Advanced Drainage Systems, Inc.'s latest annual report
In the year ended 31 Mar 2026, Advanced Drainage Systems, Inc.'s revenue rose 5% to USD 3.05bn, from USD 2.90bn; net income fell 5.3% to USD 426.46m, from USD 450.17m; cash and cash equivalents fell 51.9% to USD 223.01m, from USD 463.32m.
Year ended 31 Mar 2026. Source: 10-K filed 21 May 2026, read it on SEC EDGAR.
USD 2.90bn to USD 3.05bn
The figures, year on year
| Item | Year before | Latest year | Change |
|---|---|---|---|
| Revenue | 2.90bn | 3.05bn | Up 5% |
| Net income | 450.17m | 426.46m | Down 5.3% |
| Total assets | 3.69bn | 4.51bn | Up 22.1% |
| Total liabilities | 2.05bn | 2.55bn | Up 24.1% |
| Long-term debt | 1.25bn | 1.61bn | Up 28.3% |
| Cash and cash equivalents | 463.32m | 223.01m | Down 51.9% |
| Shareholders' equity | 1.53bn | 1.86bn | Up 21.8% |
Questions people ask
Did Advanced Drainage Systems, Inc.'s revenue grow last year?
Revenue grew 5%, from USD 2.90bn to USD 3.05bn in the year ended 31 Mar 2026.
Is Advanced Drainage Systems, Inc. profitable?
Yes. Net income was USD 426.46m in the year ended 31 Mar 2026. The year before: USD 450.17m.
How much cash and debt does Advanced Drainage Systems, Inc. have?
At its latest year end (31 Mar 2026), Advanced Drainage Systems, Inc. reported cash and cash equivalents of USD 223.01m and long-term debt of USD 1.61bn.
Where do these numbers come from?
From Advanced Drainage Systems, Inc.'s own annual filings with the SEC. Each change is calculated from the reported figures; nothing is estimated.
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