Quarterly ResultMay 5, 2026, 09:33 AM
York Water Q1 Operating Revenue $20.07M, Net Income $4.81M, EPS $0.33
AI Summary
The York Water Company reported strong financial results for the first quarter of 2026. Operating revenues increased by $1.618 million to $20.074 million, and net income rose by $1.176 million to $4.814 million compared to Q1 2025. Basic and diluted earnings per share increased to $0.33. The revenue growth was primarily driven by rate increases and customer base expansion, while lower income taxes also contributed. The company invested $9.8 million in capital projects and acquired two wastewater systems for $470,000, with an additional $38.1 million estimated for capital investments in 2026.
Key Highlights
- Q1 2026 operating revenues increased by $1.618 million to $20.074 million.
- Q1 2026 net income increased by $1.176 million to $4.814 million.
- Basic and diluted EPS for Q1 2026 rose to $0.33, up $0.08 from Q1 2025.
- The company invested $9.8 million in capital projects during Q1 2026.
- Acquired two wastewater systems for $470,000 in Q1 2026.
- Estimated additional capital investment of $38.1 million in 2026, excluding acquisitions.
- Dividends declared per common share increased to $0.2280 from $0.2192.