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NWPX Infrastructure — Third Quarter 2026 Earnings Summary

  • Consolidated net sales reached a record $179.4 million (up 18.7% YoY), while net income rose 35.0% to $18.2 million ($1.86 per diluted share) and operating income increased to $24.3 million.
  • Water Transmission Systems (WTS) sales surged 27.0% to $131.9 million, driving a record combined backlog of $435 million, while the Precast segment grew 0.6% to $47.5 million, aided by acquisitions of Boughton and Serpentix.
  • Management projects 2026 as an exceptionally strong record year with significant momentum entering 2027, anticipating Q4 2026 performance to exceed both Q4 2025 and Q1 2026 despite typical seasonal weather and holiday impacts.
  • The company completed its second 2026 acquisition of Serpentix Conveyor, LLC, and maintains strong liquidity with $105 million in additional borrowing capacity against $18.5 million in outstanding revolving loan borrowings.
Company
NWPX INFRASTRUCTURE INC
Sector
Industrials
Industry
Metal Fabrication