Quarterly ResultAug 6, 2026, 09:41 AM
York Water Q2 EPS $0.49, Revenue $23.5M; Net Income Up 50.7%
AI Summary
The York Water Company reported strong financial results for the second quarter and first six months of 2026. Second quarter operating revenues increased 22.5% to $23.5 million, with net income rising 50.7% to $7.6 million and EPS growing 40% to $0.49. These increases were primarily driven by a rate increase effective March 1, 2026, and customer base growth. The company also invested $21.1 million in capital projects and acquired two wastewater systems for $470,000 during the first six months.
Key Highlights
- Q2 2026 operating revenues increased 22.5% to $23.5 million.
- Q2 2026 net income rose 50.7% to $7.6 million.
- Q2 2026 basic and diluted EPS increased 40% to $0.49.
- First six months 2026 operating revenues grew 15.8% to $43.6 million.
- First six months 2026 net income increased 43% to $12.4 million.
- First six months 2026 basic and diluted EPS rose 36.7% to $0.82.
- Invested $21.1 million in capital projects and $470,000 in two wastewater system acquisitions.
- Estimated additional $26.8 million investment in 2026 for infrastructure.
Price Impact
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