| Metric | Value ($ M) | Q2 FY26 | Q3 FY25 |
|---|---|---|---|
| Revenue | 508.26 | 4.3% | 6.6% |
| Total Income | 508.26 | 4.3% | 6.6% |
| Expenditure | 315.56 | 6.5% | 2.7% |
| PBT | 110.47 | 1.2% | 14.6% |
| Net Profit | 103.84 | 1.8% | 12.8% |
| OPM | 37.91% | 1.51pp | 2.32pp |
| NPM | 20.43% | 0.51pp | 1.13pp |
| EPS | 0.37 | 0.0% | 12.1% |
Essential Utilities Reports Solid Q3 2026 Results
04 Nov 2026 · 2d ago, 8:12 pm
Summary
Essential Utilities reported solid results for the third quarter of 2026, with revenues increasing by 6.6% year-over-year to $508.3 million, driven by regulatory recoveries and purchased gas costs. GAAP net income was $103.8 million, or $0.36 per share, compared to $92.1 million, or $0.33 per share, in the prior year period. Operations and maintenance expenses saw a slight decrease of 0.6%. For the first nine months of 2026, revenues grew 7.1% to $1,900.9 million. The company continues to invest heavily in infrastructure, with $1.1 billion invested in the first nine months of the year, and anticipates closing its merger with American Water in Q1 2027.
Key Highlights
- 1
Essential Utilities reported GAAP net income of $103.8 million and earnings per share of $0.36 for the third quarter of 2026.
- 2
Revenues for Q3 2026 were $508.3 million, an increase of 6.6% compared to $477.0 million in the third quarter of 2025.
- 3
Operations and maintenance expenses decreased by 0.6% to $152.2 million for Q3 2026 compared to $153.1 million in Q3 2025.
- 4
For the first nine months of 2026, the Company reported revenues of $1,900.9 million, a 7.1% increase compared to $1,775.5 million in the first nine months of 2025.
- 5
Essential invested approximately $1.1 billion in the first nine months of 2026 to improve its regulated water and natural gas infrastructure systems.
- 6
The company expects the merger with American Water to close in the first quarter of 2027.
Management Comments
Christopher Franklin
Our strong performance this quarter highlights the consistent earnings growth generated by both our water and natural gas divisions. These results demonstrate our team’s dedication to operational excellence and strategic infrastructure investment. As we work toward closing our merger with American Water in Q1 2027, we remain focused on the meaningful benefits our combined organization can bring to the communities we serve and to our shareholders.
Informational and educational content only. Not investment advice.