The earnings call highlights a strong financial performance with record net sales and significant improvement in free cash flow. The Precast segment showed substantial growth, and the company's strategic initiatives, including share repurchases and backlog growth, are positive indicators. However, challenges persist in the WTS segment with reduced revenue and in the nonresidential Precast market. Overall, the positives outweigh the negatives, reflecting a positive sentiment.

Company Guidance

During the NWPX Infrastructure Second Quarter 2025 Earnings Call, significant metrics were highlighted, showcasing the company's strong performance and strategic direction. The company reported net sales of $133.2 million for the quarter, marking a 2.8% increase year-over-year, and net income of $9.1 million, or $0.91 per diluted share. The Water Transmission Systems (WTS) segment generated $84.6 million in revenue, despite a 5.5% year-over-year decrease, attributed primarily to lower production volumes. However, the Precast segment saw a robust 21.5% growth in revenue, reaching $48.6 million. The WTS backlog improved by over 20% to $348 million as of June 30, 2025, from $289 million on March 31. Consolidated gross profit for the quarter was $25.4 million, with a gross margin of 19%. The company also reported positive free cash flow of $3.1 million for the first half of 2025, a $17.6 million improvement from the negative $14.4 million in the prior year. Additionally, the Dodge Momentum Index grew by 6.8% in June, indicating improving nonresidential construction activity. The company is focused on strategic growth initiatives, including product spread strategies and capital investments, while maintaining a healthy financial position with $30.6 million in outstanding borrowings and $93 million in additional borrowing capacity.

Record Quarterly Net Sales

Net sales reached $133.2 million, a new quarterly high, increasing 2.8% over the prior year, driven by strong demand and operational execution.

Strong Precast Segment Performance

Precast revenue grew 21.5% year-over-year to a record $48.6 million, driven by sustained momentum in the residential sector and increased production and shipment levels.

Significant Free Cash Flow Improvement

Positive free cash flow of $3.1 million in the first half of 2025 versus negative $14.4 million the first half of 2024, a positive swing of $17.6 million.

WTS Backlog Growth

WTS backlog improved by over 20% to $348 million as of June 30, indicating strong future demand and bidding opportunities.

Share Repurchase Program

Repurchased approximately 363,000 shares worth $15 million, representing 3.6% of the ending shares outstanding at March 31, 2025, showcasing strong capital allocation strategy.

Northwest Pipe Company (NWPX) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

NWPX Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Nov 11, 2025	2025 (Q3)	1.02 / -	1.02	―	―	―
Aug 07, 2025	2025 (Q2)	0.72 / 0.91	0.86	5.81% (+0.05)
Apr 30, 2025	2025 (Q1)	0.53 / 0.39	0.52	-25.00% (-0.13)
Feb 26, 2025	2024 (Q4)	0.91 / 1.00	0.54	85.19% (+0.46)
Oct 30, 2024	2024 (Q3)	0.85 / 1.02	0.58	75.86% (+0.44)
Jul 31, 2024	2024 (Q2)	0.67 / 0.86	0.74	16.22% (+0.12)
May 01, 2024	2024 (Q1)	0.34 / 0.52	0.23	126.09% (+0.29)
Mar 04, 2024	2023 (Q4)	0.42 / 0.54	0.85	-36.47% (-0.31)
Nov 02, 2023	2023 (Q3)	0.82 / 0.58	1.05	-44.76% (-0.47)
Aug 02, 2023	2023 (Q2)	0.79 / 0.74	1.04	-28.85% (-0.30)

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
Aug 07, 2025	$42.72	$48.40	+13.30%
Apr 30, 2025	$42.36	$39.74	-6.19%
Feb 26, 2025	$48.02	$42.88	-10.70%
Oct 30, 2024	$44.83	$44.89	+0.13%

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 (NWPX) report earnings?

Northwest Pipe (NWPX) is schdueled to report earning on Nov 11, 2025, After Close (Confirmed).

What is Northwest Pipe (NWPX) earnings time?

Northwest Pipe (NWPX) earnings time is at Nov 11, 2025, 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 2025 (Q3) is 1.02.

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