Irma Lockridge
On February 22, 2023, Irma Lockridge was unanimously elected to the Board of Directors of Northwest Pipe Company (the “Company”) for a term expiring at the Company’s next Annual Meeting of Shareholders.
Highest-materiality recent filing
NWPX Q2 2026: record net sales $159.5M (+19.7% YoY), EPS $1.62 vs $0.91
Net income $15.8M ($1.62 diluted EPS) vs $9.1M ($0.91) in Q2 2025, a 74.7% increase.
NWPX Q1 2026 net sales up 19% to $138.3M; EPS $1.08 vs $0.39
Net sales $138.3M (+19.1% YoY); gross profit $26.7M (+37.7%); net income $10.5M ($1.08 diluted EPS) vs $4.0M ($0.39).
NWPX posts record Q4 sales $125.6M, full-year net income $35.4M; acquires Boughton precast
Record Q4 net sales $125.6M (+5% YoY); gross profit $26.8M (+19.2% YoY, margin 21.3%).
NWPX Infrastructure authorizes $10M share repurchase program, plus 2026 STI details
Board authorized new $10M share repurchase program; shares may be bought via open market or 10b5-1 plans.
NWPX Q3 2025 record revenue $151.1M (+16% YoY), EPS $1.38 vs $1.02, operating cash $21M
Record consolidated net sales $151.1M (+16% YoY); gross profit $32.2M (+19% YoY); net income $13.5M ($1.38 diluted EPS) vs $10.3M ($1.02) in Q3 2024.
NWPX Infrastructure Q2 2025: record net sales $133.2M, EPS $0.91, backlog surges
Net sales $133.2M (+2.8% YoY), a company record under current segments; net income $9.1M ($0.91 diluted EPS).
Northwest Pipe Q1 net income down to $0.39 EPS; plans name change to NWPX Infrastructure
Net sales $116.1M (+2.6% YoY); net income $4.0M ($0.39/diluted) vs $5.2M ($0.52) in Q1 2024.
Northwest Pipe posts record annual sales $492.5M, net income $3.40 diluted EPS
Q4 net sales $119.6M (+8.6% YoY); net income $10.1M ($1.00 diluted) vs $5.4M ($0.54) YoY.
Northwest Pipe Q3 net sales up 9.7% to $130.2M; EPS $1.02 vs $0.58 YoY
Net sales $130.2M (+9.7% YoY); net income $10.3M ($1.02 diluted EPS) vs $5.8M ($0.58).
Northwest Pipe Q2 net sales $129.5M (+11.3% YoY); EPS $0.86; record SPP revenue $89.5M
Net sales $129.5M (+11.3% YoY); net income $8.6M or $0.86 diluted EPS vs $0.74 prior year.
Northwest Pipe Q1 net sales record $113.2M, EPS $0.52, SPP backlog $337M
Net sales $113.2M (+14.2% YoY); net income $5.2M ($0.52 diluted EPS) vs $2.4M ($0.23).
Northwest Pipe Q4 net sales up 3.1% but net income falls to $5.4M; FY23 EPS $2.09 vs $3.11
Q4 net sales $110.2M (+3.1% YoY); net income $5.4M ($0.54 diluted) vs $8.0M ($0.79) in Q4 2022.
Northwest Pipe Q3 net sales $118.7M (-3.5% YoY); EPS $0.58 vs $0.99; authorizes $30M buyback
Net sales $118.7M, down 3.5% YoY; gross profit $19.3M, down 23.2% YoY.
NWPX Q2 2023 EPS $0.74, revenue $116.4M, gross profit down 6.6% YoY
Net income of $7.4M ($0.74 diluted EPS) vs $9.7M ($0.97) in Q2 2022.
Northwest Pipe Q1 net sales down 9.4% to $99.1M; EPS $0.23 vs $0.36 YoY
Net sales $99.1M (-9.4% YoY); gross profit $16.6M (+12.1%); net income $2.4M ($0.23 diluted EPS) vs $3.6M ($0.36) Q1 2022.
Northwest Pipe reports record annual revenue $457.7M (+37%), diluted EPS $3.11
Annual net sales $457.7M (+37% YoY); gross profit $85.9M (+94%); net income $3.11/diluted share (adjusted $3.35).
Northwest Pipe Q3 net sales up 45.3% YoY to $123.0M; EPS $0.99
Net sales $123.0M, gross profit $25.1M (20.4% margin), both up significantly YoY.
Northwest Pipe Q2 net sales up 60.6%, EPS $0.97; warns Q3 flooding impact
Q2 net sales $118.5M (+60.6% YoY); gross profit $24.1M (+152.5%); net income $0.97/diluted share.
Northwest Pipe Q1 beat: net sales $109.3M (+51%), adj EPS $0.42, SPP backlog record $341M
Net sales $109.3M, up 51.2% YoY; gross profit $14.8M, up 68.5%.
Northwest Pipe EVP Smith to retire; separation agreement with consulting role and RSU changes
William Smith resigns as EVP April 15, 2022, then serves as Consultant for 3 years at $150,000 annual salary.
Northwest Pipe reports Q4 adj. EPS $0.67; full-year adj. EPS $1.66; record backlog $290M
Annual net sales $333.3M (+16.6% YoY); net income $1.16 diluted EPS; adj. net income $1.66 diluted EPS.
Northwest Pipe closes $87.4M ParkUSA acquisition; ParkUSA 2020 revenue $66.5M, net income $9.7M
Purchase price ~$87.4M net of cash; closed Oct 5, 2021.
On February 22, 2023, Irma Lockridge was unanimously elected to the Board of Directors of Northwest Pipe Company (the “Company”) for a term expiring at the Company’s next Annual Meeting of Shareholders.
Mr. Smith will continue to be employed by the Company as a Consultant effective April 16, 2022, the day after his resignation as Executive Vice President of Water Transmission Engineered Systems.
On February 9, 2022, William Yearsley gave Northwest Pipe Company notice of his resignation as a member of the Board of Directors, effective February 11, 2022.
Max materiality 0.85 · Median 0.53 · Most common event earnings