Artesian Resources Q1 EPS $0.57 (+7.5%), revenue $27.8M (+7.3%)

ARTESIAN RESOURCES CORP

2026-Q1 EPS reported $0.57 revenue$27,774,000

Net income $5.9M, up 9.2% from $5.4M in Q1 2025.
Water sales revenue up 7.3% on temporary rate increases and customer growth.
Operating expenses rose 5.7% driven by payroll, treatment, and distribution costs.
Capital expenditures of $13.1M for water/wastewater infrastructure including PFAS treatment upgrades.
Chairman cited investments in aging infrastructure and regulatory compliance.

item 2.02 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.95

ARTESIAN RESOURCES CORP reported the quarter ended March 31, 2026 results: revenue $27.8 million, net income $5.9 million, EPS $0.57.

Period: the quarter ended March 31, 2026
Revenue: $27.8 million
Net income: $5.9 million
EPS: $0.57
Result: reported results

Exact text from the filing

Diluted net income per share increased 7.5% to $0.57, compared to $0.53 for the same period in 2025. Net income for the three months ended March 31, 2026 was $5.9 million, a $0.5 million, or 9.2%, increase compared to net income recorded during the three months ended March 31, 2025. Revenues totaled $27.8 million for the three months ended March 31, 2026, $1.9 million, or 7.3%, more than revenues for the three months ended March 31, 2025.

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Source: SEC EDGAR

accession 0000863110-26-000038

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