NWPX — what changed in the latest 10-Q
A section-by-section comparison of NWPX's newest periodic SEC filing (10-K/10-Q) against the prior same-form filing: paragraphs added and removed per section, with verbatim excerpts. Purely a deterministic text diff — no similarity scores, no directional read, not investment advice.
Comparing 10-Q · 2026-07-30 vs the prior 10-Q · 2026-04-30
| Section | Outcome | Added | Removed | Minor | Unchanged |
|---|---|---|---|---|---|
| MD&A | Text added/removed | +7 | −7 | ~27 | 22 |
| Controls & procedures | Text added/removed | 0 | 0 | ~2 | 1 |
| Legal proceedings | Text added/removed | 0 | 0 | ~1 | 0 |
| Risk factors | Text added/removed | 0 | 0 | ~1 | 0 |
| Other information | Text added/removed | +5 | 0 | ~1 | 0 |
Counts are paragraphs; added/removed means text added or removed vs the prior filing — no direction or judgement implied.
Not shown (absent or not faithfully extractable): Market risk (Item 3)
Representative excerpts
Up to 5 excerpts of about 300 characters per section, quoted verbatim from the two SEC filings.
MD&A
Text added vs the prior filing · source: 10-Q · 2026-07-30
Net sales. Net sales increased 19.7% to $159.5 million in the second quarter of 2026 compared to $133.2 million in the second quarter of 2025 and increased 19.4% to $297.7 million in the first six months of 2026 compared to $249.3 million in the first six months of 2025.
WTS net sales increased 33.8% to $113.2 million in the second quarter of 2026 compared to $84.6 million in the second quarter of 2025 driven by a 26% increase in tons produced resulting from changes in project timing and a 6% increase in selling price per ton due to changes in product mix. Earlier i…
Precast net sales decreased 4.8% to $46.3 million in the second quarter of 2026 compared to $48.6 million in the second quarter of 2025 driven by an 11% decrease in volume shipped, partially offset by a 7% increase in selling prices primarily due to changes in product mix. Precast net sales increase…
Gross profit. Gross profit increased 35.5% to $34.4 million (21.5% of net sales) in the second quarter of 2026 compared to $25.4 million (19.0% of net sales) in the second quarter of 2025 and increased 36.4% to $61.0 million (20.5% of net sales) in the first six months of 2026 compared to $44.7 mill…
WTS gross profit increased 60.9% to $24.2 million (21.4% of WTS net sales) in the second quarter of 2026 compared to $15.1 million (17.8% of WTS net sales) in the second quarter of 2025 due to increased volume, including related operational efficiency gains, and favorable project pricing and product…
Text removed vs the prior filing · source: 10-Q · 2026-04-30
Net sales. Net sales increased 19.1% to $138.3 million in the first quarter of 2026 compared to $116.1 million in the first quarter of 2025.
WTS net sales increased 19.1% to $93.5 million in the first quarter of 2026 compared to $78.4 million in the first quarter of 2025 driven by an 18% increase in tons produced resulting from changes in project timing and a 1% increase in selling price per ton due to changes in product mix. Bidding act…
Precast net sales increased 18.9% to $44.8 million in the first quarter of 2026 compared to $37.7 million in the first quarter of 2025 driven by a 14% increase in selling prices due to changes in product mix and a 4% increase in volume shipped.
Gross profit. Gross profit increased 37.7% to $26.7 million (19.3% of net sales) in the first quarter of 2026 compared to $19.4 million (16.7% of net sales) in the first quarter of 2025.
WTS gross profit increased 42.3% to $17.3 million (18.5% of WTS net sales) in the first quarter of 2026 compared to $12.2 million (15.5% of WTS net sales) in the first quarter of 2025 due to increased volume, including related operational efficiency gains, and favorable changes in product mix.
Other information
Text added vs the prior filing · source: 10-Q · 2026-07-30
Senior Vice President, Chief Financial Officer, and Corporate Secretary
Senior Vice President and Water Transmission Systems Group President
Each trading arrangement listed is a Rule 10b5‑1 trading arrangement and is intended to satisfy the affirmative defense conditions of Rule 10b5‑1(c) under the Exchange Act.
Each Rule 10b5‑1 trading arrangement may expire on such earlier date as all transactions are completed.
Each Rule 10b5‑1 trading arrangement provides for the potential sale of shares of our common stock so long as the market price of our commons stock is higher than certain minimum threshold prices specified in each Rule 10b5‑1 trading arrangement.
How to read Risk Factors (Item 1A) in a 10-Q
A 10-Q risk-factor section usually takes one of three forms; this page classifies it as one of:
- Pointer — the filer states there have been no material changes and points back to the annual 10-K risk factors; there is no own risk text to compare this quarter.
- Partial update — the filer carves out specific updated risks ("except as set forth below"); the excerpts show exactly what is new this quarter.
- Restated in full — the quarter carries the complete risk-factor text. When the prior quarter was only a pointer there is no prior full text to diff against, so the page flags the section as restated instead.
This describes the filing structure only — it is never a judgement on whether risk went up or down.
Source: text-level diff of the two SEC EDGAR filings · deterministic (no AI-generated content) · for reference only · not investment advice