NWPX Infrastructure Announces Third Quarter 2026 Financial Results
Key Highlights
- ➤Q3 net sales $179.4 million, up 18.7% year-over-year
- ➤Q3 net income $18.2 million, or $1.86 diluted EPS, up 35.0%
- ➤WTS net sales $131.9 million, up 27.0% year-over-year
- ➤WTS backlog including confirmed orders reached record $435 million
- ➤Management anticipates stronger Q4 performance than Q4 2025 and Q1 2026
Expert Statements
Scott Montross, President and Chief Executive Officer of NWPX Infrastructure
“The third quarter of 2026 was another outstanding quarter for NWPX Infrastructure, highlighted by record financial performance across several key metrics”
Scott Montross, President and Chief Executive Officer of NWPX Infrastructure
“We generated record quarterly revenue of $179.4 million and record gross profit, representing a consolidated gross margin of 21.3%, along with earnings per diluted share of $1.86.”
Scott Montross, President and Chief Executive Officer of NWPX Infrastructure
“These results reflect the strength and resilience of our businesses, disciplined execution across our operations, and our continued ability to capitalize on favorable market conditions.”
Scott Montross, President and Chief Executive Officer of NWPX Infrastructure
“WTS led our performance, delivering record revenue and record gross profit with a strong gross margin of 20.7%.”
Scott Montross, President and Chief Executive Officer of NWPX Infrastructure
“WTS backlog including confirmed orders reached a record $435 million, even after recognizing $31.0 million in revenue associated with our NDA project during the quarter, providing excellent visibility into future production activity.”
Scott Montross, President and Chief Executive Officer of NWPX Infrastructure
“Precast also delivered solid results, with revenue and gross profit exceeding the prior year, and an approximate 160-basis point improvement in gross margin to 22.9%.”
Scott Montross, President and Chief Executive Officer of NWPX Infrastructure
“We are particularly encouraged by the continued growth of our data center business, which continues to represent an attractive opportunity within our Precast segment.”
Scott Montross, President and Chief Executive Officer of NWPX Infrastructure
“As we look ahead, we remain very optimistic about the strength of our business and our opportunities for continued success.”
Scott Montross, President and Chief Executive Officer of NWPX Infrastructure
“Despite the typical impact of two major holidays and weather-related disruptions in the fourth quarter, we currently anticipate stronger performance than both the fourth quarter of 2025 and the first quarter of 2026.”
Scott Montross, President and Chief Executive Officer of NWPX Infrastructure
“We expect WTS backlog to remain elevated through year-end, supported by continued demand for critical water infrastructure, while our Precast business is expected to remain steady.”
Scott Montross, President and Chief Executive Officer of NWPX Infrastructure
“Taken together, we believe our record backlog and attractive opportunities across our businesses position NWPX Infrastructure to conclude an exceptionally strong record year in 2026 and enter 2027 with significant momentum.”
NWPX Infrastructure Announces Third Quarter 2026 Financial Results PR Newswire
* Record net sales of $179.4 million, up 18.7% year-over-year, and record gross profit of $38.2 million, up 18.8% year-over-year * Record Water Transmission Systems segment ("WTS") net sales of $131.9 million, up 27.0% year-over-year, and record WTS gross profit of $27.3 million, up 23.4% year-over-year * Precast Infrastructure and Engineered Systems segment ("Precast") net sales of $47.5 million, up 0.6% year-over-year, and Precast gross profit of $10.9 million, up 8.6% year-over-year * Net income of $18.2 million, or $1.86 per diluted share * WTS backlog(1) of $264 million; record backlog including confirmed orders(2) of $435 million * Precast order book(3) of $67 million * Completed acquisition of Serpentix Conveyor, LLC ("Serpentix") on September 2, 2026 VANCOUVER, Wash., Oct. 28, 2026 /PRNewswire/ -- NWPX Infrastructure, Inc. (NASDAQ: NWPX) ("NWPX Infrastructure" and the "Company"), a leading manufacturer of water-related infrastructure products, today announced its financial results for the third quarter ended September 30, 2026. The Company will broadcast its third quarter 2026 earnings conference call on Thursday, October 29, 2026 at 7:00 a.m. PT.
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