NWPX Infrastructure Posts Record $526M 2025 Sales and $35.4M Net Income
NWPX Infrastructure posted Q4 net sales of $125.6 million, up 5%, and record gross profit of $26.8 million (19.2% growth), with WTS backlog including confirmed orders at $346 million. Full-year 2025 net sales reached $526.0 million (6.8% increase), income hit $35.4 million ($3.56/share), with operating cash flow of $67.3 million.
1. Fourth Quarter 2025 Results
NWPX Infrastructure delivered Q4 net sales of $125.6 million, a 5% year-over-year increase, and record gross profit of $26.8 million, up 19.2%, resulting in net income of $8.9 million ($0.91 per diluted share). The WTS segment generated $84.0 million in revenue with a backlog including confirmed orders of $346 million, while Precast segment sales reached $41.7 million.
2. Full Year 2025 Performance
For the full year, net sales climbed 6.8% to a record $526.0 million and gross profit set a record at $103.6 million. Net income reached $35.4 million, or $3.56 per share, operating cash flow totaled $67.3 million, and the company achieved a record safety performance with a total recordable incident rate of 1.06.
3. Acquisition and 2026 Outlook
The acquisition of Boughton, a single-site precast business in Pueblo, Colorado, establishes a strategic foothold in a key growth market. With a robust WTS backlog and elevated first-quarter bidding levels, alongside a stable Precast order book and improving margins, the company expects continued momentum in 2026 despite normal seasonal headwinds in Q1.