---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-23-006699"
form_type: "8-K"
ticker: "NWPX"
cik: "0001001385"
company_name: "NWPX Infrastructure, Inc."
filed_at: "2023-03-15T23:59:59+00:00"
generated_at: "2026-06-18T01:31:41.384152+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Northwest Pipe reports record annual revenue $457.7M (+37%), diluted EPS $3.11

## Summary
- Annual net sales $457.7M (+37% YoY); gross profit $85.9M (+94%); net income $3.11/diluted share (adjusted $3.35).
- Record SPP backlog including confirmed orders $372M; Precast order book $64M.
- Q4 net sales $106.8M (+4%); gross profit $21.9M (+61%); net income $0.79/diluted share (adjusted $0.85).
- CEO expects Q1 2023 challenging due to customer delays and weather, with normalizing thereafter; Precast solid but residential uncertainty persists.

## SEC filing metadata
- accession: 0001437749-23-006699
- form_type: 8-K
- ticker: NWPX
- cik: 0001001385
- company_name: NWPX Infrastructure, Inc.
- filed_at: 2023-03-15T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1001385/000143774923006699/0001437749-23-006699-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1001385/000143774923006699/nwpx20230208_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-23-006699
- JSON: https://secwatch.observer/filing/0001437749-23-006699.json
- Plain text: https://secwatch.observer/filing/0001437749-23-006699.txt

## Key facts
- Earnings Releases
  NWPX Infrastructure, Inc. reported the fourth quarter and full year ended December 31, 2022 results: revenue Annual net sales of $457.7 million, net income Record annual net income of $3.11 per diluted share, EPS $3.11 per diluted share.
  - Period: the fourth quarter and full year ended December 31, 2022
  - Revenue: Annual net sales of $457.7 million
  - Net income: Record annual net income of $3.11 per diluted share
  - EPS: $3.11 per diluted share
  - Result: reported results
  source text: Northwest Pipe Company Announces Fourth Quarter and Full Year 2022 Financial Results • Annual net sales of $457.7 million increased 37.3% year-over-year • Record annual gross profit of $85.9 million increased 94.0% year-over-year • Record annual net income of $3.11 per diluted share; adjusted net income of $3.35 per diluted share
  evidence_url: https://www.sec.gov/Archives/edgar/data/1001385/000143774923006699/0001437749-23-006699-index.htm

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