Essential Utilities Q2 revenue rises 3% to $530.9 million; EPS dips to $0.37
Essential Utilities reported second-quarter 2026 revenue of $530.9 million, up 3% from a year earlier, while GAAP net income fell to $105.7 million, or $0.37 per share, from $107.8 million, or $0.38 per share. The company affirmed its 5% to 7% long-term earnings per share growth guidance and said it expects the pending merger with American Water to close in the first quarter of 2027.
Key points
- Q2 2026 revenue was $530.9 million versus $514.9 million in Q2 2025; GAAP EPS was $0.37 versus $0.38, and adjusted EPS, which excludes merger costs, was $0.38.
- Guidance affirmed: long-term EPS growth of 5% to 7% compound annual rate and $1.7 billion of 2026 infrastructure investment.
- Quarterly dividend increased 5.25% to $0.3606 per share, payable September 1, 2026, to holders of record on August 11, 2026.
- Virginia State Corporation Commission approved the American Water merger on June 22, 2026; Ohio approved it on May 14, 2026.
The filing
Written by AI on Nov 8, 2026, 1:12 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 August 05, 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.