FY2025 · ended Dec 31, 2025 · Revenue $526.00M, +6.8% YoY · Filed Feb 26, 2026
NWPX Infrastructure, Inc. (NWPX) files with the SEC under industry code 3317, Steel Pipe & Tubes. In fiscal 2025, which ended Dec 31, 2025, it reported revenue of $526.0 million and net income of $35.4 million. Free cash flow was $47.1 million. As of Sep 30, 2026 it held $6.1 million in cash and investments and $101.1 million in total debt.
Revenue (TTM)
$602.76M
+15.9% vs year-ago TTM
Net income (TTM)
$53.48M
+46.0% vs year-ago TTM
Operating cash flow (TTM)
$106.75M
+58.5% vs year-ago TTM
Free cash flow (TTM)
$86.83M
+80.1% vs year-ago TTM
EPS (TTM)
$5.45
+48.9% vs year-ago TTM
Dividend per share
None
Shares outstanding
9.57M
-3.6% vs prior year
Net cash
$-95.09M
as of Sep 30, 2026
Operating margin
11.8%
FY 2026
Company profile
- Industry
- Steel Pipe & Tubes (SIC 3317)
- Listed as
- NWPX (Nasdaq)
- Fiscal year ends
- December 31
- Incorporated in
- OR
- Headquarters
- Vancouver, WA
- SEC filer status
- Accelerated filer
- SEC CIK
- 1001385
- Former names
- NORTHWEST PIPE CO (until Jun 12, 2025)
Other Steel Pipe & Tubes companies
Key figures
Fiscal-year totals from the annual reports. Balance sheet lines are as of each year end.
| Line | FY 2025 Dec 31, 2025 |
FY 2024 Dec 31, 2024 |
FY 2023 Dec 31, 2023 |
FY 2022 Dec 31, 2022 |
FY 2021 Dec 31, 2021 |
|---|---|---|---|---|---|
| Revenue | $526.0M | $492.5M | $444.4M | $457.7M | $333.3M |
| Operating income | $50.9M | $48.2M | $33.9M | $44.8M | $16.0M |
| Net income | $35.4M | $34.2M | $21.1M | $31.1M | $11.5M |
| Diluted EPS | $3.56 | $3.40 | $2.09 | $3.11 | $1.16 |
| Operating cash flow | $67.3M | $55.1M | $53.5M | $17.5M | -$5.8M |
| Free cash flow | $47.1M | $34.3M | $35.2M | -$5.3M | -$19.1M |
| Total assets | $579.6M | $589.7M | $597.9M | $601.3M | $547.7M |
| Total liabilities | $184.8M | $215.7M | $257.5M | $283.1M | $264.3M |
| Stockholders' equity | $394.8M | $374.0M | $340.4M | $318.3M | $283.4M |
| Cash and investments | $2.3M | $5.0M | $4.1M | $3.7M | $3.0M |
| Total debt | $109.6M | $112.0M | $90.2M | $104.9M | $100.6M |
Recent SEC filings
| Form | Description | Filed | Period |
|---|---|---|---|
| 10-Q | Quarterly report | Oct 29, 2026 | Sep 30, 2026 |
| 8-K |
Current report
Results of operations
|
Oct 28, 2026 | Oct 28, 2026 |
| 10-Q | Quarterly report | Jul 30, 2026 | Jun 30, 2026 |
| 8-K |
Current report
Results of operations
|
Jul 29, 2026 | Jul 29, 2026 |
| 8-K |
Current report
Shareholder vote results
|
Jun 11, 2026 | Jun 10, 2026 |
| 8-K |
Current report
Regulation FD disclosure
|
Jun 10, 2026 | Jun 10, 2026 |
All 1000 NWPX Infrastructure, Inc. SEC filings
Source: SEC EDGAR filings. This is company-reported data, not investment advice.