Advanced Drainage Hits $1B Revenue Milestone | Business and Finance News

Advanced Drainage Systems smashed records in Q1 FY27, hitting over $1 billion in revenue for the first time ever — a 21% jump year-over-year — with organic growth climbing 9% and adjusted EBITDA soaring 29% to $358 million. Despite a $25–$30M revenue bump from customers pre-buying ahead of price hikes, mid-single-digit organic growth held strong, especially in nonresidential markets like data centers and warehouses, which surged 14%. While residential demand slowed due to affordability and high rates, their diversified strategy thrived through innovation, acquisitions, and cost controls — including expanding recycling capacity in Georgia. Looking ahead, they’re focused on integrating their NDS acquisition, leveraging their pure-play water positioning amid aging infrastructure trends, and delivering profitable growth despite a sluggish demand environment — all while staying disciplined with capital allocation and shareholder returns. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/e8177d7f2a0a875d