ADVANCED DRAINAGE SYSTEMS, INC.
For the period ended Mar 31, 2026. Filed May 21, 2026.
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FY2026 · Filed May 21, 2026
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Item 16. Form 10-K Summary
None.
SIGNATURES
Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
Date: May 21, 2026
| ADVANCED DRAINAGE SYSTEMS, INC. | |
|---|---|
| By: | /s/ D. Scott Barbour |
| Name: | D. Scott Barbour |
| Title: | President and Chief Executive Officer (Principal Executive Officer) |
Pursuant to the requirements of the Securities Exchange Act of 1934, this report has been signed below by the following persons in their indicated capacities, on May 21, 2026.
| Signature | Title |
|---|---|
| /s/ D. Scott Barbour | Director, President and Chief Executive Officer(Principal Executive Officer) |
| D. Scott Barbour | |
| /s/ Scott A. Cottrill | Executive Vice President, Chief Financial Officer and Secretary (Principal Financial Officer) |
| Scott A. Cottrill | |
| /s/ Tim A. Makowski | Senior Vice President, Chief Accounting Officer (Principal Accounting Officer) |
| Tim A. Makowski | |
| /s/ Robert M. Eversole** | Chairman of the Board of Directors and Director |
| Robert M. Eversole | |
| /s/ Anesa T. Chaibi ** | Director |
| Anesa T. Chaibi | |
| /s/ Michael B. Coleman ** | Director |
| Michael B. Coleman | |
| /s/ Alexander R. Fischer** | Director |
| Alexander R. Fischer | |
| /s/ Tanya Fratto** | Director |
| Tanya Fratto | |
| /s/ Kelly S. Gast** | Director |
| Kelly S. Gast | |
| /s/ M.A. (Mark) Haney** | Director |
| M.A. (Mark) Haney | |
| /s/ Luther C. Kissam IV** | Director |
| Luther C. Kissam IV | |
| /s/ Manuel J. Perez de la Mesa** | Director |
| Manuel J. Perez de la Mesa | |
| /s/ Anil Seetharam** | Director |
| Anil Seetharam | |
| ** The undersigned, by signing his name hereto, does hereby sign this report on behalf of each of the above-indicated directors of the registrant pursuant to powers of attorney executed by such directors. | |
| By: | /s/ Scott A. Cottrill |
| Scott A. Cottrill, Attorney-in-fact | |
TABLE OF CONTENTS
| Page | |
| Audited Consolidated Financial Statements | |
|---|---|
| Reports of Independent Registered Public Accounting Firm | F-1 |
| Consolidated Balance Sheets as of March 31, 2026 and 2025 | F-4 |
| Consolidated Statements of Operations for the fiscal years ended March 31, 2026, 2025 and 2024 | F-5 |
| Consolidated Statements of Comprehensive Income (Loss) for the fiscal years ended March 31, 2026, 2025 and 2024 | F-6 |
| Consolidated Statements of Cash Flows for the fiscal years ended March 31, 2026, 2025 and 2024 | F-7 |
| Consolidated Statements of Stockholders’ Equity and Mezzanine Equity for the fiscal years ended March 31, 2026, 2025 and 2024 | F-8 |
| Notes to Consolidated Financial Statements | F-10 |
| Schedule II, Consolidated Valuation and Qualifying Accounts for the fiscal years ended March 31, 2026, 2025 and 2024 | F-43 |
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