Northwest Pipe Company (NWPX)
NASDAQ:NWPX
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Earnings Data
Report Date
Apr 29, 2026After Close (Confirmed)
Period Ending
2026 (Q1)Consensus EPS Forecast
0.56Last Year’s EPS
0.39Same Quarter Last Year
Moderate Buy
Based on 2 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call conveyed strong, broad-based operational and financial progress: record revenue, gross profit, EPS and free cash flow, improved WTS pricing and backlog, Precast volume recovery, strategic M&A, debt reduction and share repurchases. Offsetting items included lower WTS production volumes due to project timing, modest Precast margin pressure early in the year, higher SG&A, a one-time pension settlement that reduced GAAP Q4 net income, and weather-related downtime early in 2026. Management provided constructive guidance and expects 2026 to be a strong year, indicating confidence in continued momentum.Company Guidance
Record Annual Revenue and Sales Growth
Net sales for 2025 reached $526.0 million, up 6.8% year-over-year — the highest in company history — driven by strength across WTS and Precast segments.
Record Profitability and Gross Profit Expansion
Consolidated gross profit totaled $103.6 million, up 8.6% year-over-year, with gross margin expanding to 19.7% from 19.4% in 2024; resulted in record diluted EPS of $3.56 for FY2025.
Strong Free Cash Flow and Operating Cash Generation
Generated free cash flow of $47.1 million (FY2025) or $4.74 per share, up from $34.3 million in 2024; net cash from operations was $67.3 million, a 22.2% increase versus prior year.
Water Transmission Systems (WTS) Performance
WTS revenue was a record $350.9 million, up 3.8% YoY. Realized selling price per ton increased 14% YoY (26% in Q4), and WTS gross profit hit $67.1 million, up 7.2% with gross margin improving to 19.1% from 18.5%.
Precast Segment Growth
Precast revenue rose 13.3% YoY to $175.1 million driven by an 8% increase in sales volume and a 4% increase in realized selling prices; Precast gross profit increased 11.3% YoY to $36.5 million.
Stronger Backlogs and Bidding Momentum
WTS backlog (including confirmed orders) increased to $346 million at year-end (from $301 million at Sept 30 and $310 million at year-end 2024); company reported the strongest bidding quarter in Q4 and expects 2026 bidding to be consistent with 2025 levels.
Balance Sheet, Capital Allocation and Shareholder Returns
Repaid $27.4 million of debt in 2025, ended year with only $0.3 million drawn on credit facility, repurchased ~425,000 shares for $18.4 million, and reduced interest expense to $2.6 million (from $5.7 million in 2024).
Strategic M&A and Organic Investment
Completed acquisition of Boughton Precast (≈$9M purchase price disclosed in Q&A) to establish a Colorado beachhead; invested in capacity/efficiency projects (FY CapEx $20.2M) and advancing Product Spread bookings ($10.7M booked in 2025, up from $9.1M).
Safety and Operational Improvements
Achieved record safety performance with a 1.06 recordable incident rate in 2025 and reported sequential Precast margin improvement throughout the year, signaling operational absorption gains as volumes recover.
Adjusted Profitability Momentum
Excluding unique items, adjusted FY2025 net income increased to $35.6 million ($3.59 per diluted share) from $31.9 million ($3.17) in 2024 — an 11.7% increase; Q4 adjusted net income rose 16.6% YoY.
NWPX Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
NWPX Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Feb 25, 2026 | $74.01 | $81.66 | +10.34% |
Oct 29, 2025 | $55.68 | $56.47 | +1.42% |
Aug 07, 2025 | $42.72 | $48.40 | +13.30% |
Apr 30, 2025 | $42.36 | $39.74 | -6.19% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Northwest Pipe Company (NWPX) report earnings?
Northwest Pipe Company (NWPX) is schdueled to report earning on Apr 29, 2026, After Close (Confirmed).
What is Northwest Pipe Company (NWPX) earnings time?
Northwest Pipe Company (NWPX) earnings time is at Apr 29, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is NWPX EPS forecast?
NWPX EPS forecast for the fiscal quarter 2026 (Q1) is 0.56.