Advanced Drainage Systems Inc. reported second quarter fiscal 2026 net sales of $850.4 million, up 8.7% from the previous year. Net income rose 19.3% to $156.5 million, with net income per diluted share increasing 19.2% to $1.99. Adjusted EBITDA grew 17.1% to $287.5 million, and adjusted earnings per share increased 15.9% to $1.97. Year-to-date net sales reached $1.7 billion, up 5.2%, while net income was $300.6 million, a 2.4% increase. Year-to-date adjusted EBITDA rose 8.6% to $565.7 million. The company noted double-digit revenue growth from Infiltrator and Allied products. Inorganic growth from the acquisitions of Orenco and River Valley Pipe contributed 3.6% of the second quarter revenue increase. ADS announced the planned acquisition of NDS, a U.S. supplier of residential stormwater and irrigation products, to further expand its product portfolio. The company updated its fiscal 2026 guidance, citing better-than-expected first-half results.