Here are the 10-K annual reports from Artesian Res Corp B (ARTNB) in our archive since June 2025, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-K covers the audited annual report, with the full financial statements, so if you follow ARTNB and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full ARTNB filings page.
Artesian Resources Corporation filed an amendment to its annual report for the year ended December 31, 2025 to correct its filer status on the cover page. The company clarifies that it is a Non-Accelerated Filer, after previously marking the Accelerated Filer box in error.
The amendment does not change any financial statements or other disclosures from the original annual report. It includes only the revised cover page, an explanatory note, an exhibit index, signatures, and updated CEO and CFO certifications under Section 302 of the Sarbanes-Oxley Act.
As additional context, the aggregate market value of Class A Non-Voting Common Stock held by non-affiliates was $305,477,587 and of Class B Common Stock was $8,714,838 as of June 30, 2025. As of March 10, 2026, 9,436,930 Class A shares and 881,452 Class B shares were outstanding.
Artesian Resources Corporation is a regulated water and wastewater utility holding company focused on the Delmarva Peninsula, with its largest operations in Delaware. Its principal subsidiary, Artesian Water Company, supplies most of the 9.2 billion gallons distributed in Delaware in 2025 and produced 80.5% of consolidated operating revenues.
The company holds exclusive service territories via Certificates of Public Convenience and Necessity, operates multiple groundwater and surface-water systems, aquifer storage, and wastewater facilities, and continues to pursue growth through new franchises, contract operations, and service line protection plans. Extensive discussion covers environmental and regulatory compliance, including PFAS treatment investments, upcoming lead service line replacement rules, water allocation permits, and Clean Water Act and NPDES requirements.
Artesian highlights risks from inflation, capital market conditions, climate variability, infrastructure aging, cybersecurity, regulatory rate decisions, and economic cycles, while noting that most revenues come from its regulated utility segment, which is influenced by seasonal water demand but partially offset by less weather-sensitive wastewater and non-utility services.