---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-24-006438"
form_type: "8-K"
ticker: "NWPX"
cik: "0001001385"
company_name: "NWPX Infrastructure, Inc."
filed_at: "2024-03-04T23:59:59+00:00"
generated_at: "2026-06-05T04:30:34.797820+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Northwest Pipe Q4 net sales up 3.1% but net income falls to $5.4M; FY23 EPS $2.09 vs $3.11

## Summary
- Q4 net sales $110.2M (+3.1% YoY); net income $5.4M ($0.54 diluted) vs $8.0M ($0.79) in Q4 2022.
- FY23 net sales $444.4M (-2.9% YoY); net income $21.1M ($2.09 per share) vs $31.1M ($3.11) in FY22.
- SPP backlog $273M; including confirmed orders $319M, down from $372M at Dec 2022. Precast order book $46M, down from $64M.
- Operating cash flow $53.5M in FY23 vs $17.5M in FY22; repurchased $4.4M of stock through Feb 29, 2024.
- Guides Q1 2024 SPP sales down QoQ but up YoY; Precast sales similar to Q1 2023 with compressed margins.

## SEC filing metadata
- accession: 0001437749-24-006438
- form_type: 8-K
- ticker: NWPX
- cik: 0001001385
- company_name: NWPX Infrastructure, Inc.
- filed_at: 2024-03-04T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1001385/000143774924006438/0001437749-24-006438-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1001385/000143774924006438/nwpx20231221_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-24-006438
- JSON: https://secwatch.observer/filing/0001437749-24-006438.json
- Plain text: https://secwatch.observer/filing/0001437749-24-006438.txt

## Key facts
- Earnings Releases
  NWPX Infrastructure, Inc. reported financial results for the fourth quarter and full year ended December 31, 2023.
  - Period: the fourth quarter and full year ended December 31, 2023
  - Result: reported results
  source text: On March 4, 2024, Northwest Pipe Company (the “Company”) issued a press release announcing its financial results for the quarter and year ended December 31, 2023 and its current outlook.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1001385/000143774924006438/0001437749-24-006438-index.htm

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