H2O America reports Q1 EPS of $0.49, revenue up 9% to $183.3M; reaffirms FY guidance

H2O AMERICA

2026-Q1 EPS reported $0.49 revenue$183,293,000

GAAP diluted EPS $0.49, adjusted diluted EPS $0.50, both flat YoY.
Revenue $183.3M, up 9% YoY driven by rate increases of $11.8M.
Net income $19.0M, up 15% from $16.6M.
Reaffirmed 2026 standalone adjusted EPS guidance $3.08-3.18 and long-term EPS CAGR 6-8%.
Quadvest acquisition ($540M) PUCT deemed application complete; closing expected H2 2026.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

H2O AMERICA reported first quarter ended March 31, 2026 results: revenue $183.3 million, net income $19.0 million, EPS $0.49. Guidance reaffirmed.

Period: first quarter ended March 31, 2026
Revenue: $183.3 million
Net income: $19.0 million
EPS: $0.49
Guidance: reaffirmed
Result: reported results

Exact text from the filing

net income to adjusted net income for the quarter ended March 31, 2026 is included in the tables at the end of this news release. Operating revenue for the first quarter was $183.3 million, compared to $167.6 million for the same quarter last year, a 9% increase. The increase was driven primarily by rate increases of $11.8 million, primarily in California,

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Source: SEC EDGAR

accession 0001628280-26-027968

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