8-K
filed May 21, 2026, 4:08 PM ET
ticker WMS
CIK 0001604028
other material
confidence high
sentiment neutral
materiality 0.50
ADS realigns segments to Stormwater and Wastewater after NDS acquisition; recasts historical data
ADVANCED DRAINAGE SYSTEMS, INC.
- Segment realignment follows NDS acquisition; new segments: Stormwater and Wastewater (formerly Infiltrator).
- Segment profitability measure changed from adjusted gross profit to Adjusted EBITDA.
- Fiscal 2026, 2025, 2024 quarterly data recast under new segments; no change to consolidated net sales, income, or EPS.
- Example recast: Q4 FY2026 Stormwater Adjusted EBITDA $140M, Wastewater $61M (both in thousands).
Machine-readable event card
- schema_version
- secwatch.filing_event.v1
- accession
- 0001604028-26-000020
- form_type
- 8-K
- ticker
- WMS
- cik
- 0001604028
- company_name
- ADVANCED DRAINAGE SYSTEMS, INC.
- filed_at
- 2026-05-21T20:08:16+00:00
- discovered_at
- 2026-05-21T20:09:00.250243+00:00
- generated_at
- 2026-05-21T20:11:30.737503+00:00
- sec_items
- ["7.01", "9.01"]
- event_type
- other_material
- sentiment
- neutral
- materiality_score
- 0.5
- calibrated_materiality_score
- 0.5
- confidence
- high
- secwatch_canonical_url
- https://secwatch.observer/filing/0001604028-26-000020
- json_url
- https://secwatch.observer/filing/0001604028-26-000020.json
- markdown_url
- https://secwatch.observer/filing/0001604028-26-000020.md
- text_url
- https://secwatch.observer/filing/0001604028-26-000020.txt
- edgar_index_url
- https://www.sec.gov/Archives/edgar/data/1604028/000160402826000020/0001604028-26-000020-index.htm
- edgar_primary_document_url
- https://www.sec.gov/Archives/edgar/data/1604028/000160402826000020/wms-20260521.htm
- generated_by_model
- deepseek-v4-flash:cloud@v2
- review_status
- machine_generated
- human_reviewed
- false
- corrected
- false
- correction_note
- null
- correction_timestamp
- null
- superseded_by
- null
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