Every 10-Q that Essential Utilities, Inc. (WTRG) 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 WTRG 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 WTRG filings page.
Essential Utilities, Inc. reported operating revenues of 530,854, in thousands of dollars, and net income of 105,725, in thousands of dollars, for the three months ended June 30, 2026, equal to basic and diluted earnings per share of 0.37. For the first six months of 2026, operating revenues were 1,392,613 and net income was 330,117, in thousands of dollars, or 1.16 per basic and diluted share.
Total assets were 19,941,987, in thousands of dollars, as of June 30, 2026, including net property, plant and equipment of 14,746,257. Stockholders’ equity was 7,018,256 and long-term debt, excluding current portion and net of issuance costs and discounts, was 8,421,198. Net cash flows from operating activities for the six-month period were 588,980, while additions to property, plant and equipment used 662,167 of cash, all in thousands of dollars.
The company is pursuing a stock-for-stock merger with American Water Works Company, Inc., under which each share of Essential common stock would be converted into the right to receive 0.305 shares of American Water common stock at closing, subject to remaining regulatory and other conditions; closing is currently estimated by the end of the first quarter of 2027, with no guarantee that all conditions will be satisfied. Merger-related costs of 1,191 and 17,521, in thousands of dollars, for the three and six months ended June 30, 2026 were recorded in operations and maintenance expense. Capital actions included issuing 308,656 common shares under a 1,000,000 at-the-market equity program, leaving approximately 648,000 of capacity, maintaining 384,723 of commercial paper borrowings at a 4.07% weighted average interest rate, and issuing 500,000 of 5.125% senior notes due 2036.
Essential Utilities, Inc. reported first‑quarter 2026 operating revenues of $861.8 million, up from $783.6 million a year earlier, driven by higher regulated water and natural gas revenue and rate increases. Net income declined to $224.4 million from $283.8 million, with diluted EPS falling to $0.79 from $1.03 as operating expenses, purchased gas, depreciation and interest costs rose and prior‑year tax benefits did not repeat.
The company continued to invest heavily, spending $269.2 million on capital projects and completing a Pennsylvania water system acquisition for $18.0 million, while pursuing additional pending water and wastewater deals totaling about $286.0 million, including the planned $276.5 million DELCORA purchase. Essential also issued $500.0 million of 5.125% senior notes due 2036, maintained $314.5 million of commercial paper outstanding, and modestly raised equity via its at‑the‑market program.
Essential is progressing on its stock‑for‑stock merger with American Water, under which each Essential share is expected to convert into 0.305 American Water shares, subject to remaining regulatory approvals. Management currently estimates closing by the end of the first quarter of 2027 and recorded $16.3 million of pre‑merger expenses in the quarter.
Essential Utilities, Inc. (WTRG) reported Q3 2025 results, posting operating revenues of $476,971, net income of $92,077, and diluted EPS of $0.33. Operating income was $169,771 as operating expenses rose with higher depreciation and O&M.
For the nine months ended September 30, 2025, operating revenues were $1,775,504 with net income of $483,693 and diluted EPS of $1.73. Operating cash flow reached $804,347, supporting $983,089 of capital additions. The company issued 7,671,350 shares under its 2024 at‑the‑market program for net proceeds of about $300,100 and ended with 282,975,521 shares outstanding as of October 27, 2025.
Financing activity included $500,000 senior notes due 2035 at 5.25% and $100,000 in first mortgage bonds at 5.38% (2035) and 5.63% (2040). Commercial paper outstanding was $152,982 at a 4.35% average rate. Growth continued via acquisitions, including Beaver Falls wastewater for $37,750, and regulatory outcomes added revenue, such as a Kentucky gas base rate increase of $7,700 (11.2%) effective July 1, 2025 and Pennsylvania water base rate increases designed to add $73,000, with an aggregate base rate increase of $110,940 after DSIC reset.
Essential Utilities (WTRG) reported a strong Q2 2025. Operating revenue rose 18.5% YoY to $514.9 m, driven by higher water, wastewater and gas volumes plus recently approved rate hikes. Operating income climbed 27.5% to $185.3 m; net income surged 43% to $107.8 m ($0.38 EPS vs $0.28). For the six-month period, revenue increased 24% to $1.30 bn and diluted EPS reached $1.41 (up 13%).
Balance-sheet & liquidity. Total assets stand at $18.55 bn; equity improved to $6.72 bn. Net long-term debt rose 3.5% YoY to $7.62 bn, reflecting heavy capex ($613 m YTD) and three closed utility acquisitions totalling $58.7 m. Operating cash flow strengthened 34% to $571.8 m. The company added financial flexibility via a $1 bn commercial paper program (-$567 m drawn) and a 2024 ATM equity program that raised $208.6 m for growth and debt repayment.
- Regulatory tailwinds: Pennsylvania water base-rate award adds $110.9 m annually; Kentucky gas order adds $7.7 m. Infrastructure surcharges contributed another $13.8 m YTD.
- Growth pipeline: 7 pending acquisitions (≈$24 m purchase price) expected to close in 2025; DELCORA and East Whiteland litigation ongoing.
- Guidance & outlook: Management reiterates confidence that rate relief and acquisitions will offset inflation and interest-rate pressure; no quantitative 2025 EPS guidance provided in filing.
Key risks include higher leverage, $1.3 bn YTD debt repayments/refinancings, and unresolved regulatory appeals. Overall, results highlight solid regulated growth momentum and improving cash generation.