Artesian Resources Q1 2026 Net Income Rises 9.2% to $5.9 Million
Artesian Resources reported first-quarter 2026 results, with diluted earnings per share up 7.5% to $0.57 and revenues up 7.3% to $27.8 million from a year earlier. Higher water sales from temporary rate increases under Delaware law and more customers drove the gains, while operating expenses rose 5.7%.
Key points
- Net income for the quarter ended March 31, 2026 was $5.9 million, up 9.2% from the prior-year quarter
- Revenues totaled $27.8 million, up $1.9 million or 7.3%; water sales rose $1.5 million, or 7.3%
- Operating expenses, excluding depreciation and income taxes, rose $0.9 million, or 5.7%
- The company invested $13.1 million in water and wastewater infrastructure in the first three months of 2026
The filing
Written by AI on Nov 9, 2026, 8:28 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on May 06, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.