AI brief of an SEC Form 8-K · Middlesex Water (MSEX)

Middlesex Water 2025 profit falls to $42.8M as revenue rises $2.8M

Mixed Impact 3 of 5 earnings Written later

Middlesex Water reported 2025 net income of $42.8 million, down $1.5 million from 2024, and diluted EPS of $2.36 versus $2.47, while operating revenues rose about $2.8 million to $194.7 million. The New Jersey Board of Public Utilities approved a base rate increase of $14.5 million, which the company says supports its infrastructure investment plans, but the profit decline means shareholders see weaker earnings on the year.

Key points

  • 2025 diluted EPS was $2.36, versus $2.47 in 2024; net income was $42.8 million, down $1.5 million.
  • Q4 2025 diluted EPS was $0.46, versus $0.49 in Q4 2024; Q4 net income was $8.6 million, versus $8.8 million.
  • NJBPU approved a $14.5 million annual revenue increase, with new rates effective February 23, 2026.
  • The company plans about $126 million of infrastructure investment in 2026 and $506 million from 2026 through 2028.

The filing

CompanyMiddlesex Water (MSEX)
Form8-K, current report
Filed with the SECFeb 19, 2026, 4:06 PM ET
Accession number0001628280-26-009722

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 6:59 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 February 19, 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.