NWPX Infrastructure, Inc. (NWPX)
NASDAQMaterialsConstruction MaterialsSnapshot 2026-11-05
$82.83-9.90%
Close 2026-11-05 · 1-day change
NASDAQMaterialsConstruction MaterialsSnapshot 2026-11-05
QuarterlyIQ Insights · NWPX
How strong the business is — where it ranks within its sector on capital efficiency and cash generation, and how well management has been executing.
How management runs the business: capital, margins, balance sheet, and how reliably they guide and deliver.
A guidance track record builds as the company issues and delivers on guidance.
Priorities management has stated in recent disclosures, with status and evidence drawn from earnings calls, filings, and press releases.
WTS led our performance, delivering record revenue and record gross profit with a strong gross margin of 20.7% .
Stated in 3 of 3 supplied quarters. Management reported: “|| • | WTS gross profit increased 23.4% to $27.3 million, or 20.7% of WTS net sales, from $22.1 million, or 21.3% of WTS net sales, in the third quarter of 2025 due to increased volume and selling prices, which have increased in line with input costs.” “Backlog including confirmed orders was $435 million as of September 30, 2026 , compared to $423 million as of June 30, 2026 , and $301 million as of September 30, 2025 .”
Each factor is a parallel diagnostic with a clear read of what it shows and how names like it have historically fared. Never aggregated into a single score.
Operating income rose in 2 of the last 3 quarter-over-quarter moves. Historically, Materials names rated strong grew net income 63% of the time over the next year (vs 47% for the rest of the cohort, n=1960).
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
“WTS led our performance, delivering record revenue and record gross profit with a strong gross margin of 20.7% .”
“Mr. Montross continued, “Our Water Transmission Systems segment once again delivered exceptional performance, establishing new quarterly records with revenue of $113.2 million and gross profit of $24…”
“Mr. Montross continued, “Our Water Transmission Systems segment generated $93.5 million in revenue, up 19% from the prior year, supported by solid project execution, gross margin expansion of approxi…”
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% .
Stated in 3 of 3 supplied quarters. Management reported: “|| • | Precast gross profit increased 8.6% to $10.9 million, or 22.9% of Precast net sales, from $10.0 million, or 21.3% of Precast net sales, in the third quarter of 2025 primarily due to changes in product mix.” “|| • | Precast order book was $67 million as of September 30, 2026 , compared to $61 million as of June 30, 2026 , and $55 million as of September 30, 2025 .”
“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% .”
“Gross margins improved 70 basis points compared to the second quarter of 2025 , and our order book ended the quarter at $61 million, positioning the business well for the remainder of the year.””
“In Precast, revenue increased nearly 19% year-over-year, with margin expansion of approximately 180 basis points, reflecting both operational improvements and sustained demand.””
“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 .
Stated in 3 of 3 supplied quarters. Management reported: “|| • | Net income increased 35.0% to $18.2 million, or $ 1.86 per diluted share, compared to $13.5 million, or $ 1.38 per diluted share, in the third quarter of 2025 .” “|| • | Gross profit increased 18.8% to $38.2 million, or 21.3% of net sales, from $32.2 million, or 21.3% of net sales, in the third quarter of 2025 .”
““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 .”
“PT. Management Commentary “The second quarter of 2026 marked another outstanding quarter for NWPX Infrastructure as we delivered record financial results highlighted by revenue of $159.5 million, gro…”
““Consolidated revenue increased 19% year-over-year to $138.3 million, while gross profit grew nearly 38% , highlighting the operating leverage in our model and continued execution across the organiza…”
The transaction marks NWPX Infrastructure’s second acquisition this year, following the acquisition of Boughton in February 2026.
Stated in 2 of 3 supplied quarters. Management reported: “The transaction marks NWPX Infrastructure’s second acquisition this year, following the acquisition of Boughton in February 2026.” “Serpentix contributed $10 million to the Precast segment’s order book as of September 30, 2026 ; included in this amount is $8 million of remaining performance obligations for which revenue is recognized over time.”
“The transaction marks NWPX Infrastructure’s second acquisition this year, following the acquisition of Boughton in February 2026.”
“• The Company repurchased approximately 33,000 shares of its common stock at an average price of $ 67.17 per share for a total of $2.2 million during the first quarter of 2026 pursuant to a Rule 10b5…”
|| • | Net cash provided by operating activities was $27.4 million in the third quarter of 2026 compared to $21.0 million in the third quarter of 2025 primarily due to a $5.6 million increase in net…
Stated in 3 of 3 supplied quarters. Management reported: “|| • | Net cash provided by operating activities was $27.4 million in the third quarter of 2026 compared to $21.0 million in the third quarter of 2025 primarily due to a $5.6 million increase in net income adjusted for noncash items and a $0.8 million increase in net cash provided by changes in working capital.” “|| • | Capital expenditures were $7.0 million in the third quarter of 2026 compared to $7.8 million in the third quarter of 2025 .”
“|| • | Net cash provided by operating activities was $27.4 million in the third quarter of 2026 compared to $21.0 million in the third quarter of 2025 primarily due to a $5.6 million increase in net…”
“|| • | Net cash provided by operating activities was $14.1 million in the second quarter of 2026 compared to $5.4 million in the second quarter of 2025 primarily due to a $7.5 million increase in net…”
“• Net cash provided by operating activities was $29.3 million in the first quarter of 2026 compared to $4.8 million in the first quarter of 2025 primarily due to a $17.6 million increase in cash from…”
Over the trailing year it converted 0.68x of net income into operating cash flow. Historically, Materials names rated neutral grew net income 50% of the time over the next year (vs 51% for the rest of the cohort, n=1899).
Most sensitive to the broad stock market.
Not enough signal to read sensitivity to the US dollar, real (inflation-adjusted) rates, long-term interest rates, Fed net liquidity (low R² over the window).
9 material management or governance events in the past 24 months, led by executive changes. Historically, Materials names rated stable grew net income 57% of the time over the next year (vs 51% for the rest of the cohort, n=1843).
Not investment advice. As of 2026-11-05.