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Unitil Corporation 10-Q Filings

UTL NYSE

Every 10-Q that Unitil Corporation (UTL) 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 UTL 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 UTL filings page.

Rhea-AI Summary

Unitil Corporation reported higher results for the quarter and six months ended June 30, 2026. Total operating revenues were $117.0 million in Q2 and $333.9 million year-to-date, up from $102.6 million and $273.4 million in 2025, driven mainly by increased electric and gas distribution rates, customer growth and contributions from the Maine Natural acquisition.

Q2 net income was $4.7 million, or $0.26 per share, versus $4.0 million, or $0.25, a year earlier; adjusted net income was $5.2 million. For the first half, net income rose to $37.9 million (EPS $2.11), with adjusted net income of $39.0 million (EPS $2.17). Electric and gas Adjusted Gross Margins expanded, supported by higher rates and colder winter weather.

Net utility plant reached about $1.9 billion, reflecting ongoing infrastructure investment and the addition of water utilities. Short-term debt was $234.8 million under a $275 million credit facility, and Unitil continued its dividend track record with a quarterly payout of $0.475 per share, or $1.90 annualized.

Rhea-AI Summary

Unitil Corporation reported solid first-quarter 2026 growth driven by higher regulated rates, customer additions and colder weather. Operating revenue rose to $216.9 million, with electric revenue of $65.5 million and gas revenue of $151.4 million, reflecting strong contributions from its expanded Maine footprint.

GAAP net income increased to $33.2 million, or $1.85 per share, compared with $27.5 million, or $1.69 per share, a year earlier. Adjusted net income, excluding acquisition-related transaction costs, was $33.8 million, or $1.88 per share. Gas adjusted gross margin grew to $82.1 million, helped by higher rates, colder winter weather and the Maine Natural acquisition.

Electric adjusted gross margin rose to $29.6 million, supported mainly by rate increases, partially offset by a one-time FERC transmission revenue reduction. The company continued to invest in infrastructure, with net utility plant of about $1.8 billion, and maintained its dividend, paying $0.475 per share in the quarter, implying an annualized rate of $1.90 per share.

Rhea-AI Summary

Unitil Corporation (UTL) filed its Q3 2025 10‑Q, reporting Total Operating Revenue of $101.1 million and a GAAP Net Loss of $0.3 million (EPS of ($0.02)). Adjusted Net Income was $0.4 million (EPS of $0.03) after excluding acquisition-related costs. For the first nine months, GAAP Net Income was $31.2 million (EPS of $1.89) and Adjusted Net Income was $33.5 million (EPS of $2.03).

Electric Adjusted Gross Margin rose to $33.1 million in Q3, while Gas Adjusted Gross Margin increased to $26.6 million, reflecting higher rates and customer growth; Bangor contributed to gas revenue and margins. O&M and Depreciation & Amortization rose on higher utility activity and recent rate cases. Interest expense increased with higher long-term debt. The Board declared quarterly dividends of $0.45 per share. Unitil completed the acquisition of Maine Natural Gas Company on October 31, 2025, expanding its gas footprint. The company also raised approximately $71.8 million by issuing 1,602,358 common shares at $46.65 and maintains a $50 million ATM program, with $48.5 million remaining. Common shares outstanding were 17,914,793 as of October 31, 2025.