{"schema_version":"secwatch.filing_event.v1","accession":"0001604028-25-000009","form_type":"8-K","ticker":"WMS","cik":"0001604028","company_name":"ADVANCED DRAINAGE SYSTEMS, INC.","filed_at":"2025-05-15T23:59:59+00:00","discovered_at":"2026-05-14T18:02:48.979571+00:00","generated_at":"2026-05-21T05:05:46.852099+00:00","sec_items":["2.02","7.01","8.01","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Advanced Drainage Systems Q4 net sales down 5.8% to $615.8M; EPS $0.99 (-18.2% YoY)","bullets":["Net sales $615.8M (-5.8% YoY); net income $76.8M (-19.6%); diluted EPS $0.99 (-18.2%).","Adjusted EBITDA $176.7M (-7.6% YoY); full-year FY2025 Adjusted EBITDA margin 30.6%.","Infiltrator segment sales +15.3% to $122.3M (organic down 4.5% ex-Orenco).","Board approved 13% dividend increase to $0.72 annual; quarterly $0.18 payable June 16.","FY2026 orders positive YoY, but end market outlook remains sluggish."],"urls":{"canonical":"https://secwatch.observer/filing/0001604028-25-000009","json":"https://secwatch.observer/filing/0001604028-25-000009.json","markdown":"https://secwatch.observer/filing/0001604028-25-000009.md","text":"https://secwatch.observer/filing/0001604028-25-000009.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1604028/000160402825000009/0001604028-25-000009-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1604028/000160402825000009/wms-20250515.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-21T05:05:46.852099+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}