{"schema_version":"secwatch.filing_event.v1","accession":"0001604028-25-000041","form_type":"8-K","ticker":"WMS","cik":"0001604028","company_name":"ADVANCED DRAINAGE SYSTEMS, INC.","filed_at":"2025-11-06T23:59:59+00:00","discovered_at":"2026-05-14T18:02:39.894283+00:00","generated_at":"2026-05-16T23:42:31.298799+00:00","sec_items":["2.02","7.01","8.01","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Advanced Drainage Systems Q2 beats: EPS $1.99, sales up 8.7%, raises guidance, dividend +13%","bullets":["Q2 net sales $850.4M (+8.7% YoY); diluted EPS $1.99 (+19.2%); adjusted EPS $1.97 (+15.9%).","Adjusted EBITDA $287.5M (+17.1%), margin 33.8% vs 31.4% prior year.","Infiltrator revenue up 25.2% (organic 7.1%); Orenco and River Valley Pipe contributed 3.6% to revenue.","$0.18 quarterly dividend (+13% vs prior year), payable Dec 15, 2025; record Dec 1.","Fiscal 2026 guidance raised after better-than-expected first half; end market outlook unchanged."],"urls":{"canonical":"https://secwatch.observer/filing/0001604028-25-000041","json":"https://secwatch.observer/filing/0001604028-25-000041.json","markdown":"https://secwatch.observer/filing/0001604028-25-000041.md","text":"https://secwatch.observer/filing/0001604028-25-000041.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1604028/000160402825000041/0001604028-25-000041-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1604028/000160402825000041/wms-20251106.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T23:42:31.298799+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"}