H2O America Q1 net income rises 15% to $19.0 million; 2026 EPS guidance reiterated
H2O America reported first quarter 2026 GAAP net income of $19.0 million, up 15% from $16.6 million a year earlier, on operating revenue of $183.3 million, up 9%. GAAP diluted EPS was flat at $0.49, and the company reiterated its 2026 standalone adjusted diluted EPS guidance of $3.08-$3.18, which excludes the pending Quadvest acquisition.
Key points
- Operating revenue of $183.3 million, up 9% from $167.6 million, driven mainly by $11.8 million in rate increases
- GAAP diluted EPS of $0.49, unchanged from the prior year quarter; adjusted diluted EPS of $0.50, also unchanged
- 2026 standalone adjusted diluted EPS guidance of $3.08-$3.18 reiterated; Quadvest closing expected in the second half of 2026
- Quarterly dividend of $0.44 per share declared April 27, 2026, payable June 1, 2026
The filing
Written by AI on Nov 8, 2026, 1:49 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 April 28, 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.