Northwest Pipe Co. Q1 2025: Sales $142M, Net Income $1M
Ticker: NWPX · Form: 10-Q · Filed: May 1, 2025 · CIK: 1001385
| Field | Detail |
|---|---|
| Company | Northwest Pipe CO (NWPX) |
| Form Type | 10-Q |
| Filed Date | May 1, 2025 |
| Risk Level | low |
| Sentiment | neutral |
Sentiment: neutral
Topics: earnings, financials, stock-awards
TL;DR
**NWPX Q1 2025: Sales $142M, Net Income $1M. Stock awards paid out well.**
AI Summary
Northwest Pipe Co. reported its first quarter 2025 results, with net sales of $142.0 million and net income of $1.0 million, or $0.07 per diluted share. The company's performance-based stock awards for the 2022-2024 period vested at 118%, and for the 2023-2024 period at 111%. Depreciation and amortization for the Precast segment was $0.8 million for Q1 2025.
Why It Matters
This filing provides insight into Northwest Pipe Co.'s financial performance and operational metrics for the first quarter of 2025, impacting investor confidence and future stock valuation.
Risk Assessment
Risk Level: low — The filing is a routine quarterly report with no immediately apparent significant negative developments.
Key Numbers
- $142.0M — Net Sales (First quarter 2025 revenue.)
- $1.0M — Net Income (First quarter 2025 profit.)
- $0.07 — Diluted EPS (First quarter 2025 earnings per share.)
- 118% — Stock Payout (Performance payout for 2022-2024 stock awards.)
Key Players & Entities
- NORTHWEST PIPE CO (company) — Filer
- 20250331 (date) — Reporting Period End Date
- 20250501 (date) — Filing Date
- $142,045 (dollar_amount) — Net Sales for Q1 2025
- $1.0 million (dollar_amount) — Net Income for Q1 2025
- 0.07 (dollar_amount) — Diluted Net Income Per Share for Q1 2025
- 118% (percentage) — Payout percentage for 2022-2024 performance period
- 111% (percentage) — Payout percentage for 2023-2024 performance period
- 133% (percentage) — Payout percentage for 2024 performance period
- $0.8 million (dollar_amount) — Depreciation and amortization for Precast segment in Q1 2025
FAQ
What were Northwest Pipe Co.'s net sales for the first quarter of 2025?
Northwest Pipe Co.'s net sales for the three months ended March 31, 2025, were $142,045 thousand (or $142.0 million).
What was the net income for Northwest Pipe Co. in Q1 2025?
The net income for the three months ended March 31, 2025, was $1.0 million.
What was the diluted earnings per share for Northwest Pipe Co. in the first quarter of 2025?
The diluted net income per share for the three months ended March 31, 2025, was $0.07.
What was the payout percentage for the 2022-2024 performance period stock awards?
The payout percentage for the 2022-2024 performance period was 118%.
How much depreciation and amortization was recorded for the Precast segment in Q1 2025?
Depreciation and amortization included in Cost of sales for the Precast segment was $0.8 million for the three months ended March 31, 2025.
Filing Details
This Form 10-Q (Form 10-Q) was filed with the SEC on May 1, 2025 regarding NORTHWEST PIPE CO (NWPX).