Every 10-Q that NWPX Infrastructure Inc (NWPX) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow NWPX and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full NWPX filings page.
NWPX Infrastructure, Inc. delivered strong growth in the quarter ended June 30, 2026. Net sales rose 19.7% to $159.5 million, led by a 33.8% increase in Water Transmission Systems revenue to $113.2 million, while Precast sales declined modestly. Gross profit grew 35.5% to $34.4 million, lifting the margin to 21.5% of net sales. Quarterly net income increased to $15.8 million and diluted EPS to $1.62.
For the first six months of 2026, net sales reached $297.7 million and net income was $26.4 million compared to $13.0 million a year earlier. Operating cash flow improved to $43.3 million, boosting cash and equivalents to $19.3 million, alongside $10.0 million of term debt and approximately $124 million of available borrowing capacity on a $125 million revolver. Backlog was $305 million, with most expected to convert to revenue in 2026 and 2027. The company completed the approximately $9.0 million acquisition of Boughton’s Precast, adding a Colorado facility that contributed $2.6 million of net sales in the period, and continued share repurchases totaling about 35,000 shares for $2.5 million year to date.
NWPX Infrastructure delivered a strong first quarter of 2026 with higher sales, margins, and cash flow. Net sales rose 19.1% to $138.3 million, driven by both Water Transmission Systems and Precast. Net income increased to $10.5 million from $4.0 million, with diluted EPS of $1.08 versus $0.39.
Gross margin improved to 19.3% of sales as higher volumes and better product mix lifted profitability in both segments. Operating cash flow jumped to $29.3 million, helping boost cash to $14.3 million while keeping revolver borrowings at zero and term debt at $10.7 million.
The company completed the $9.0 million acquisition of Boughton’s Precast in Colorado, adding about $1.0 million of Q1 net sales and expanding its stormwater and sewer footprint. Backlog for water transmission projects reached $373 million, with most expected to convert to revenue in 2026–2027. NWPX also repurchased about 33,000 shares for $2.2 million, with $14.2 million still authorized.
NWPX Infrastructure reported stronger Q3 2025 results. Net sales were $151.1 million, up from $130.2 million a year ago, with gross profit of $32.2 million and operating income of $19.0 million. Net income rose to $13.5 million, or $1.38 diluted EPS, compared with $1.02 a year earlier.
Water Transmission Systems delivered $103.9 million in sales and Precast contributed $47.2 million. Net revisions in contract estimates increased WTS net sales by $4.2 million in the quarter. Backlog was $257 million; the company expects to recognize about 29% in 2025 and 45% in 2026.
The company repurchased approximately 186,000 shares for $8.0 million in Q3 and 379,000 shares for $15.8 million year to date; as of October 28, 2025, shares outstanding were 9,609,651. NWPX amended its revolving credit facility to provide up to $125 million (with a $50 million upsizing option) maturing August 13, 2030; borrowings were $27.6 million and letters of credit were $1.6 million at quarter end, and the company was in compliance with covenants.
NWPX Infrastructure, Inc. reported second quarter 2025 net sales of $133.2 million, up 2.8% year-over-year, and net income of $9.1 million versus $8.6 million a year earlier, producing basic EPS of $0.91. Results were mixed by segment: Water Transmission Systems (WTS) revenue declined to $84.6 million driven by lower tons produced, while Precast revenue rose to $48.6 million on higher volumes and pricing. Gross profit was $25.4 million (19.0% of sales), modestly below prior-year margins.
Liquidity and capital actions included operating cash flow of $10.3 million for the six months, cash on hand of $2.0 million at June 30, 2025, and $30.6 million outstanding on the revolver. Backlog stood at $298 million with roughly 48% expected in 2025. The company repurchased ~192,000 shares for $7.8 million in Q2 and repurchased ~171,000 shares for $7.2 million post-quarter. The filing discloses unresolved potential liability related to the Portland Harbor Superfund with no estimate recorded.