Middlesex Water Q1 EPS $0.57 vs $0.53; revenue $48.7M up 10% YoY

MIDDLESEX WATER CO

2026-Q1 EPS reported $0.57 revenue$48,714,000

Net income $10.6M, diluted EPS $0.57; YoY increases from $9.5M and $0.53.
Operating revenues $48.7M (+$4.4M) driven by wholesale demand, consumption, base rate hikes.
Invested $21M in water/wastewater infrastructure; $126M planned for full 2026.
Declared $0.36/share dividend payable June 1, 2026 to record May 15; 53rd consecutive annual increase.

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 0.9

MIDDLESEX WATER CO reported the first quarter ended March 31, 2026 results: revenue $48.7 million, net income $10.6 million, EPS $0.57.

Period: the first quarter ended March 31, 2026
Revenue: $48.7 million
Net income: $10.6 million
EPS: $0.57
Result: reported results

Exact text from the filing

Middlesex reported net income of $10.6 million and diluted EPS of $0.57, compared to net income of $9.5 million and diluted EPS of $0.53 for the same quarter in 2025. Operating revenues for the quarter ended March 31, 2026, were $48.7 million, an increase of $4.4 million, compared to $44.3 million for the same quarter last year.

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Source: SEC EDGAR

accession 0001628280-26-028862

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