Here are the 10-Q quarterly 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-Q covers the quarterly report filed between annual reports, 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 reported modestly higher results for the quarter and six months ended June 30, 2026, driven mainly by its regulated water and wastewater operations, which supplied 92.9% of operating revenue for the first half of the year.
For the six months, total operating revenues were $58.4 million versus $54.4 million a year earlier, with water sales, fixed fees, and non-tariff revenues (notably service line protection plans) all higher. Net income was $12.5 million, up from $11.7 million, and basic and diluted EPS were $1.21 compared with $1.14. Operating income rose to $14.9 million, supported by customer growth in Delaware water (about 1.8%), Maryland water (about 1.5%), and Delaware wastewater (about 6.6%).
Cash generation remained solid: net cash provided by operating activities was $18.8 million, funding a large part of $25.9 million in capital expenditures on utility plant. The company increased long-term debt, issuing $10.0 million in new borrowings and ending with $185.1 million of long-term debt (including current portion) against $884.0 million in total assets.
Regulatory activity remained important. Temporary Delaware water rate increases effective June and November 2025 continued pending a final order; about $2.2 million from the second step is reserved for potential customer refunds. PFAS-related class action settlements from multiple defendants generated cash receipts in 2025–2026, with remaining amounts largely recorded as contributions in aid of construction.
Artesian Resources Corporation reported higher first‑quarter results for the period ended March 31, 2026. Total operating revenues rose to $27.8 million from $25.9 million a year earlier, driven mainly by higher water sales, fixed fees and industrial wastewater services.
Net income applicable to common stock increased to $5.9 million, compared with $5.4 million in the prior‑year quarter. Basic earnings per share were $0.58 versus $0.53, while cash from operating activities was $8.6 million. The company continued to invest heavily in utility plant, bringing total assets to $866.9 million and long‑term debt (including current portion) to $185.9 million.