Northwest Pipe Q4 Sales of $125.6M and EPS $0.93 Drive 9.4% Rally

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Northwest Pipe reported Q4 net sales of $125.6 million, up 5.0% year-over-year and 3% above estimates, with adjusted EPS of $0.93, 50% above consensus. Operating margin improved to 10.4% from 8.8%, fueling a 9.4% share jump.

1. Fourth-Quarter Sales and Earnings Beat Estimates

Northwest Pipe generated net sales of $125.6 million in Q4 2025, marking a 5.0% year-over-year increase and exceeding estimates by 3%. Adjusted EPS reached $0.93, 50% above consensus forecasts.

2. Margin Expansion Drives Profit Growth

The company’s operating margin expanded to 10.4% from 8.8% in the prior-year quarter, reflecting improved operational efficiency and contributing to bottom-line outperformance.

3. Stock Reaction and Year-to-Date Performance

Shares surged 9.4% on the earnings beat, pushing the stock to a new 52-week high and a 28.9% gain since the start of the year.

Sources

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