NWPX Infrastructure Posts Record 2025 Results, Expands Precast Footprint
Event summary
- NWPX Infrastructure reported record net sales of $526.0 million in 2025, up 6.8% year-over-year.
- Gross profit reached a record $103.6 million, an 8.6% increase from 2024.
- WTS segment backlog including confirmed orders grew to $346 million by Q4 2025.
- Precast order book stabilized at $57 million, supporting 2026 visibility.
- Acquired Boughton's Precast for $9.0 million, expanding Colorado footprint.
The big picture
NWPX Infrastructure's record 2025 performance reflects sustained demand in water and wastewater infrastructure markets. The company's strategic acquisition of Boughton's Precast positions it for long-term growth in Colorado, while its robust backlog signals continued momentum into 2026. The focus on operational improvements and margin expansion aligns with broader industry trends toward efficiency and scalability in construction materials.
What we're watching
- Backlog Conversion
- How quickly NWPX can convert its $346 million WTS backlog into revenue in 2026.
- Precast Margins
- Whether the Precast segment can sustain its improving margins amid stable order book levels.
- Acquisition Integration
- The pace at which Boughton's Precast will contribute to NWPX's financials post-acquisition.
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