secwatch.observer — SEC 8-K summary
======================================

Issuer:     ADVANCED DRAINAGE SYSTEMS, INC. (WMS)
CIK:        0001604028
Form:       8-K
Filed at:   2026-02-05T23:59:59+00:00
Accession:  0001604028-26-000004
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Advanced Drainage Systems Q3 net income up 14.3% to $94M; increases dividend 13% and adds $1B buyback
--------------------------------------------------------------------------------

- Q3 net sales $693.4M (+0.4%), net income $94M (+14.3%), diluted EPS $1.19 (+14.4%).
- Adjusted EBITDA $209.2M (+9.3%), margin 30.2%; adjusted EPS $1.27 (+16.5%).
- Closed acquisition of NDS (stormwater/irrigation); updated FY2026 guidance to include NDS.
- Quarterly dividend $0.18/share (+13% YoY), payable March 16, 2026; $1B buyback authorization (total $1.148B).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1604028/000160402826000004/0001604028-26-000004-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1604028/000160402826000004/wms-20260205.htm
  HTML page:      https://secwatch.observer/filing/0001604028-26-000004

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer