Essential Utilities Q1 FY26 EPS drops 23.3% to $0.79; revenue rises 10% to $861.8 million

Essential Utilities, Inc.

Essential Utilities, Inc.

WTRG

0.00

  • Essential Utilities posted Q1 2026 net income of USD 224.4 million, down from USD 283.8 million a year earlier; EPS fell to USD 0.79 from USD 1.03.
  • Revenue rose 10% to USD 861.8 million, while operations and maintenance expense climbed to USD 175.8 million, including USD 16.3 million of merger-related expenses.
  • Regulated water segment revenue increased 7.4% to USD 323 million; regulated natural gas segment revenue rose to USD 529.4 million from USD 470.8 million.
  • Management said regulatory approvals for merger with American Water are progressing, citing approval from Kentucky Public Service Commission; transaction remains on track to close in Q1 2027.
  • Company reiterated 2026 regulated infrastructure investment plan of USD 1.7 billion, after spending about USD 269 million in first three months of 2026.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Essential Utilities Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260506294247) on May 06, 2026, and is solely responsible for the information contained therein.