---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-22-010861"
form_type: "8-K"
ticker: "NWPX"
cik: "0001001385"
company_name: "NWPX Infrastructure, Inc."
filed_at: "2022-05-04T23:59:59+00:00"
generated_at: "2026-06-26T00:17:34.843762+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Northwest Pipe Q1 beat: net sales $109.3M (+51%), adj EPS $0.42, SPP backlog record $341M

## Summary
- Net sales $109.3M, up 51.2% YoY; gross profit $14.8M, up 68.5%.
- Net income $0.36 diluted; adjusted net income $0.42 per share vs $0.23 prior year.
- SPP backlog including confirmed orders record $341M; Precast order book record $66M.
- Product liability settlement charge reduced SPP margins; ex-charge margins similar to Q1/Q4 2021.
- Management expects SPP margin expansion into mid-teens in Q2; Precast margin near 22%.

## SEC filing metadata
- accession: 0001437749-22-010861
- form_type: 8-K
- ticker: NWPX
- cik: 0001001385
- company_name: NWPX Infrastructure, Inc.
- filed_at: 2022-05-04T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1001385/000143774922010861/0001437749-22-010861-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1001385/000143774922010861/nwpx20220502_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-22-010861
- JSON: https://secwatch.observer/filing/0001437749-22-010861.json
- Plain text: https://secwatch.observer/filing/0001437749-22-010861.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.