Essential Utilities 1Q 2026: Revenue $861.8M, Net income $224.4M — 10-Q Summary

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2026.05.07 19:51
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Essential Utilities, Inc. reported Q1 2026 results with revenue of $861.8M, up 10% from $783.6M in Q1 2025, while net income fell 20.9% to $224.4M. Revenue growth was driven by regulated water and natural gas rate increases. The company approved a merger with American Water and has $286M in acquisition agreements. Capital expenditures were $269.2M, with plans for $8.7B in capex from 2026-2030 for infrastructure upgrades. Regulatory filings are ongoing to recover costs and fund improvements.