)
Edge28 Nov 2025
Keeping the Streak Alive: The Story of Duolingo
How Duolingo made language learning addictive, scaled to millions of users, and built a powerful subscription business around everyday practice.
NWPX Infrastructure (NWPX) investor relations material
NWPX Infrastructure Q3 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2025 earnings summary30 Oct, 2025
Executive summary
Achieved record quarterly net sales of $151.1 million, up 16% year-over-year, and record gross profit of $32.2 million, up 19% year-over-year, with EPS reaching $1.38, a 35% increase versus prior year.
Net income was $13.5 million, the highest in company history except for a 2018 quarter with a one-time gain.
Strong performance driven by both Water Transmission Systems (WTS) and Precast segments, with robust demand, disciplined execution, and continued share repurchases.
Rebranded as NWPX Infrastructure, Inc., reflecting expansion beyond steel pressure pipe and a diversified water infrastructure focus.
Strategic acquisitions of Geneva Pipe and Precast and ParkUSA have driven growth and diversification.
Financial highlights
Q3 2025 diluted EPS was $1.38, up from $1.02 in Q3 2024; consolidated net income was $13.5 million; gross margin improved to 21.3%.
WTS segment Q3 2025 net sales increased 20.9% year-over-year to $103.9 million; Precast net sales grew 6.6% to $47.2 million.
Operating income for Q3 2025 was $19.0 million (12.6% of net sales), up from $15.4 million (11.9%) in Q3 2024.
Operating cash flow was $21.0 million for the quarter; free cash flow for the quarter was $13.2 million.
Repurchased 186,000 shares in Q3 2025 for $8.0 million; 379,000 shares repurchased year-to-date for $15.8 million.
Outlook and guidance
Expect modest year-over-year growth in Precast revenue and margins for Q4; WTS revenue and margins anticipated to be similar to prior year.
Backlog for WTS expected to remain above $300 million through year end, with strong bidding activity in Q4.
Full-year 2025 SG&A projected at $52 million; CapEx expected between $19–22 million; free cash flow outlook raised to $32–37 million.
Management anticipates sufficient liquidity from operations and credit facilities to fund ongoing needs and share repurchases.
Plans to expand Precast operations and rebrand product lines within the next year.
WTS: What market conditions enable higher margins?
Precast margin recovery: Volume vs. pricing impact?
SG&A strategy to achieve 10%+ operating margin?
Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.
Next NWPX Infrastructure earnings date
Q4 202526 Feb, 2026
Next NWPX Infrastructure earnings date
Q4 202526 Feb, 2026
The essential earnings season companion
The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
)
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
)
)
Frequently asked questions
Northwest Pipe Company is a manufacturer of engineered steel pipe systems, primarily serving the water infrastructure sector. The company produces large-diameter, high-pressure steel pipes used in water transmission, hydroelectric projects, and wastewater systems. In addition to pipe manufacturing, Northwest Pipe provides related services such as custom fabrication and coating. The company is headquartered in Vancouver, Washington, and its shares are listed on the NASDAQ.
Quartr provides global coverage of all investor relation material from public companies.
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Yes, the Quartr mobile app is free on both iOS and Android.
Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.
Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.
Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.
Explore our global coverage