Every 10-Q that H2O America (HTO) has filed with the SEC in the last 24 months is listed below, 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 HTO 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 HTO filings page.
H2O America reported higher results for the quarter ended March 31, 2026, with operating revenue of $183.3 million and net income of $19.0 million, up from $167.6 million and $16.6 million a year earlier. Basic earnings per share rose slightly to $0.50, while diluted EPS held at $0.49.
Operating expenses increased to $145.9 million, driven by higher production, depreciation and administrative costs, but operating income still improved to $37.4 million. Cash flow from operations was steady at $43.7 million, funding part of $92.9 million of utility capital spending.
The company significantly strengthened liquidity by raising net proceeds of $290.2 million from a March 2026 common stock offering and putting in place forward purchase agreements for 7.5 million additional shares. It continues to advance the planned Quadvest acquisitions totaling $540.0 million, which would expand its Texas footprint, and expects about $2.57 billion in utility capital expenditures plus substantial PFAS treatment investments over the next five years.
H2O America reported stronger Q3 2025 results. Operating revenue rose to $240.6 million from $225.1 million. Net income increased to $45.1 million, up 17% year over year, and diluted EPS was $1.27 versus $1.17. For the first nine months, revenue reached $606.4 million and net income was $86.4 million.
Margins improved as operating income climbed to $64.6 million and cash from operations for the nine months was $181.3 million, supporting $369.6 million of capital spending. The company advanced financing and liquidity: it expanded its revolving credit facility to $350 million and extended maturity to 2030, and raised equity through its at-the-market program, issuing 492,859 shares in Q3 for $24.4 million in net proceeds. H2O America recorded PFAS-related cash proceeds of $14.7 million in Q3, with additional $3.8 million received in October, recorded as regulatory liabilities. It also outlined pending acquisitions of Quadvest’s regulated and wholesale assets for base amounts of $483.6 million and $56.4 million, respectively, subject to closing conditions.