Unitil Q1 FY26 net income rises 20.7% to $33.2 million; EPS climbs to $1.85

Unitil Corporation

Unitil Corporation

UTL

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  • UNITIL posted first-quarter net income of $33.2 million, up 20.7%, with EPS rising to $1.85.
  • Adjusted net income, excluding acquisition-related transaction costs, climbed to $33.8 million, lifting adjusted EPS to $1.88.
  • Total operating revenue increased to $216.9 million, led by gas revenue of $151.4 million; electric revenue rose to $65.5 million.
  • Gas GAAP gross margin widened to $67.1 million, helped by higher rates and customer growth; electric GAAP gross margin increased to $21.3 million on higher rates.
  • Board declared quarterly dividend of $0.475 per share, implying an annualized rate of $1.90, while CEO Thomas P. Meissner, Jr. cited operational execution and acquisition integration.


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