Advanced Drainage Systems, Inc. (WMS) Revenue by Segment

Advanced Drainage Systems revenue by segment at a glance

In Q1 fiscal 2027 (the quarter ended June 30, 2026), Advanced Drainage Systems's largest business segment was Stormwater, with $809.38 million or 81% of revenue, up 24.2% from a year earlier. Next: Wastewater (19%).

By region, UNITED STATES brought in 90% and Non-US brought in 10% of revenue in Q1 fiscal 2020.

The fastest-growing business segment from a year earlier was Stormwater (+24.2%).

From company filings, in USD; latest quarter ended June 30, 2026; quarterly data from Q2 fiscal 2018.

Advanced Drainage Systems, Inc.

WMSNon-Energy Raw Materials

United States

Non-Energy Raw Materials

Revenue breakdown

Fiscal quarters, from company filings

Segments by quarter (USD)

Click a bar to see that period below. Striped bars are calculated fourth quarters; an empty slot means it could not be calculated on the same basis i

PipeAllied Products and Other BusinessInfiltrator Water TechnologiesStormwaterInternationalWastewaterInfiltrator

Q1 FY27 breakdown

Fiscal quarter ended Jun 30, 2026

Item	Revenue	Share	vs year before	Trend
Stormwater	USD 809.38M	80.8%	+24.2%
Wastewater	USD 191.74M	19.2%	+7.5%

Sum of items USD 1.00B. Shares are of the items shown. Click an item with › to see its parts.

Also reported by:

All periods

Every item and period in one grid. Purple = calculated; "–" = not available.

Item	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24	Q2 FY24	Q1 FY24	Q4 FY23	Q3 FY23	Q2 FY23	Q1 FY23	Q4 FY22	Q3 FY22	Q2 FY22	Q1 FY22	Q4 FY21	Q3 FY21	Q2 FY21	Q1 FY21	Q4 FY20	Q3 FY20	Q2 FY20	Q1 FY20	Q4 FY19	Q3 FY19	Q2 FY19
Pipe	–	–	326.7M	413.0M	–	–	339.6M	406.4M	426.4M	–	349.1M	415.7M	420.8M	347.1M	364.9M	490.2M	515.0M	388.8M	396.7M	381.9M	372.1M	–	252.9M	290.5M	271.8M	201.8M	207.6M	281.1M	262.2M	180.8M	196.7M	249.4M
Allied Products and Other Business	–	–	164.7M	199.0M	–	–	150.5M	176.1M	183.9M	–	156.4M	182.2M	182.1M	148.3M	147.7M	199.6M	196.2M	148.2M	146.2M	142.7M	127.0M	–	109.6M	118.0M	116.9M	87.8M	88.9M	114.4M	112.2M	70.4M	82.5M	101.9M
Infiltrator Water Technologies	–	–	152.9M	179.7M	–	–	150.0M	143.6M	147.3M	–	103.9M	116.2M	122.9M	87.7M	88.9M	128.3M	137.4M	106.9M	122.4M	123.5M	107.7M	–	81.2M	87.3M	–	58.1M	58.5M	52.7M	–	–	–	–
Stormwater	809.4M	–	–	–	651.5M	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
International	–	–	49.1M	58.7M	–	–	50.4M	56.6M	57.7M	–	52.9M	66.1M	52.2M	34.4M	53.6M	66.1M	65.7M	34.3M	50.1M	58.4M	62.5M	–	42.4M	48.4M	35.8M	23.0M	38.5M	47.8M	39.3M	21.0M	38.9M	55.3M
Wastewater	191.7M	–	–	–	178.4M	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Infiltrator	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	84.1M	–	–	–	–	–	–	–

Advanced Drainage Systems revenue by business segment, last 4 quarters

Business segment	Q1 FY27	Q3 FY26	Q2 FY26	Q1 FY26	Share
Stormwater	$809.4M	–	–	$651.5M	81%
Wastewater	$191.7M	–	–	$178.4M	19%

In USD, fiscal quarters as reported; share = part of Q1 FY27 revenue.

Advanced Drainage Systems revenue by region, last 4 quarters

Region	Q1 FY20	Q3 FY19	Q2 FY19	Q1 FY19	Share
UNITED STATES	$374.4M	$279.2M	$351.3M	$342.5M	90%
Non-US	$39.3M	$38.9M	$55.3M	$45.3M	10%

In USD, fiscal quarters as reported; share = part of Q1 FY20 revenue.

Questions and answers

What are Advanced Drainage Systems's business segments?

Stormwater and Wastewater (as reported for Q1 fiscal 2027).

Which business segment makes the most money for Advanced Drainage Systems?

Stormwater: $809.38 million, or 81% of revenue, in Q1 fiscal 2027.

Where does Advanced Drainage Systems make its money?

By region in Q1 fiscal 2020: UNITED STATES (90%) and Non-US (10%).

MoreAdvanced Drainage Systems stock overview Advanced Drainage Systems financials Advanced Drainage Systems executive team Advanced Drainage Systems shareholders

Disclaimer: This analysis is for informational and educational purposes only and does not constitute financial, investment, tax, or legal advice. Data may be incomplete, delayed, or contain inaccuracies. Consult with a qualified financial advisor before making any investment decisions.