H2O America reports developments as a NASDAQ-listed, investor-owned network of local water and wastewater utilities. The company operates through regional utilities including Connecticut Water, Maine Water, San Jose Water, and Texas Water, with a single reportable segment providing water utility and utility-related services.
Recurring HTO news includes quarterly and annual financial results, capital-plan updates, infrastructure investment for water supply systems, dividend declarations, common stock offerings with forward-sale components, and board governance changes. Company updates also describe service-connection growth and the operating role of its local utility subsidiaries.
H2O America (NASDAQ: HTO) reported third-quarter 2026 diluted earnings per share of $0.99, down from the prior-year quarter. Revenue rose 4% to $250.2 million, while net income fell 5% to $43.0 million. Adjusted diluted EPS fell to $1.04 from $1.27; higher share counts weighed on per-share results.
The company narrowed standalone 2026 adjusted EPS guidance to $3.10-$3.16, retaining its $3.13 midpoint, and introduced acquisition-inclusive guidance of $2.91-$2.97. Quadvest closed October 1 for $542.7 million in cash; Cibolo Valley remains pending. H2O America expects initial acquisition-related EPS dilution before new rates. It retained its long-term 6-8% adjusted EPS compound annual growth target and $2.7 billion capital plan for 2026-30, subject to regulatory approvals and funding. The quarterly dividend is $0.44 per share, payable December 1, 2026; the expected annualized amount rises to $1.76 from $1.68.
H2O America (NASDAQ: HTO) expects to report third-quarter 2026 financial results after the market closes on October 26, 2026.
Management will host a conference call on October 27 at 7 a.m. Pacific time (10 a.m. Eastern time). A live webcast will be available through registration at H2O-America.com, with slides published before the call. The webcast archive will remain available until January 26, 2027.
H2O America (NASDAQ: HTO) has completed the acquisition of all Quadvest assets through its Texas utility and an affiliate. The buyers are The Texas Water Company and Texas Water Operation Services. The acquisition expands operations into the Houston region and more than doubles H2O America’s water and wastewater connections in Texas.
H2O America projects double-digit customer growth from Quadvest’s operations over the next several years. Including Quadvest and the anticipated buildout of its development pipeline, Texas customers are expected to represent 26% of the overall customer base by 2029, compared with 8% before October 1. The company also sees greater geographic and regulatory diversity reducing exposure to weather, climate and jurisdiction-specific risks.
H2O America (HTO) has obtained required regulatory approval for its Texas subsidiary, The Texas Water Company (TWC), to acquire the Cibolo Valley wastewater treatment plant and associated collection systems from South Central Water Company. The transaction is expected to close on November 1, 2026.
The acquisition will more than double TWC’s wastewater connections within its existing Texas Hill Country service area. The company said the added wastewater assets will be integrated with a customer base already receiving TWC water service, which it expects will create opportunities for greater operational efficiency.
TWC currently provides water and wastewater services across seven Texas counties, serving nearly 90,000 people. H2O America serves over 1.6 million people across multiple states through its regulated utilities and states it remains focused on continued infrastructure investment and sustainable value for stockholders.
H2O America (NASDAQ: HTO) announced that its regulated Texas utility, The Texas Water Company (TWC), and affiliate Texas Water Operation Services (TWOS), together with Quadvest, have received required state and federal regulatory approvals for transactions under which TWC and TWOS will acquire all Quadvest assets. The transactions are expected to close on October 1, 2026.
According to H2O America, the combination will expand its presence in Texas, including the high‑growth Houston area, and increase the scale of its regulated water and wastewater operations. The company highlights opportunities to support infrastructure investment, operational performance and customer service through the integration of Quadvest’s operations with TWC’s existing Texas footprint.
H2O America (NASDAQ: HTO) reported second quarter 2026 GAAP diluted EPS of $0.62 and adjusted diluted EPS of $0.72, versus $0.71 and $0.75 a year earlier, with higher share count offsetting net income growth. GAAP net income rose 8% to $26.6 million, adjusted net income grew 17% to $30.7 million, and operating revenue increased 6% to $210.5 million.
Year-to-date 2026 GAAP net income increased 11% to $45.6 million, adjusted net income rose 17% to $50.1 million, while GAAP and adjusted EPS declined to $1.12 and $1.23. The company invested $206.9 million in infrastructure in the first half and plans $483 million in 2026 and $2.7 billion through 2030.
H2O America reaffirmed 2026 standalone adjusted EPS guidance of $3.08–$3.18 and a long-term adjusted EPS CAGR target of 6–8%. The company advanced its pending $540 million Quadvest acquisition, with regulatory staff recommending approval without a hearing and expected closing by early fourth quarter 2026. Quadvest active connections grew 10% to 59,800, and connections under contract and pending development neared 99,000.
Regulatory activity included new rate mechanisms and infrastructure recovery actions in California, Connecticut, Maine, and Texas. The board declared a quarterly dividend of $0.44 per share, payable September 1, 2026, implying a 2026 annualized dividend of $1.76 versus $1.68 in 2025.
H2O America (NASDAQ: HTO) will report its second quarter 2026 financial results after market close on Monday, July 27, 2026. Company leaders will host a conference call and live webcast at 8 a.m. Pacific / 11 a.m. Eastern on Tuesday, July 28 to discuss results and recent developments, with registration, slides, and a webcast archive available on its website until October 27, 2026.
H2O America (NASDAQ: HTO) appointed Michael Ambrozewicz as vice president of communications, effective May 18, 2026. He will oversee corporate reputation, stakeholder engagement, brand management, storytelling, and change communications in support of H2O America’s mission to protect what’s precious.
Ambrozewicz brings 20+ years of award-winning communications leadership at Albertsons, AT&T, DIRECTV and major non-profit boards.
H2O America (NASDAQ: HTO) reported Q1 2026 GAAP diluted EPS $0.49 and adjusted diluted EPS $0.50, each unchanged year-over-year, with GAAP net income of $19.0M (+15% vs. prior year). The company reaffirmed standalone 2026 adjusted diluted EPS guidance of $3.08–3.18, a $483M 2026 capex plan, and declared a $0.44 quarterly dividend payable June 1, 2026. Quadvest acquisition process is underway with expected close in H2 2026; Quadvest active connections rose 5% to 57,200 and backlog to 92,000. The company completed a $700M equity raise in March.
H2O America (NASDAQ: HTO) will report first quarter 2026 financial results after market close on April 28, 2026. Company executives will host a conference call at 7:00 a.m. PT (10:00 a.m. ET) on April 29 to discuss results and recent developments. A webcast, slide presentation, and archived replay available on the company website; archive accessible until July 29, 2026.