Filing Flows › Artesian Resources (ARTNA) › Q1 2026 › vs Q1 2025
Artesian Resources (ARTNA) Q1 2026 vs Q1 2025 (year over year)
Artesian Resources's revenue rose $1.9M (+7%) from $25.9M in Q1 2025 to $27.8M in Q1 2026. The biggest changes: Water Sales +$1.5M (+7%); Other Utility Operating Revenue +$209K (+6%); Non Utility Operating Revenue +$174K (+9%). Operating margin 22.6% against 21.4% (+1.2 pts).
Artesian Resources, Q1 2026: revenue $27.8M (+7% year over year), operating margin 22.6%, net earnings $5.9M, operating cash flow $8.6M. The chart draws each line against Q1 2025, the increases inside each band.
Margins
| Q1 2026 | Q1 2025 | Change | |
|---|---|---|---|
| Operating margin | 22.6% | 21.4% | +1.2 pts |
| Net margin | 21.4% | 21.0% | +0.4 pts |
Every line
| Line | Q1 2026 | Q1 2025 | Change | % |
|---|---|---|---|---|
| Water Sales | $22.2M | $20.7M | $1.5M | +7% |
| Other Utility Operating Revenue | $3.6M | $3.4M | $209K | +6% |
| Non Utility Operating Revenue | $2.0M | $1.8M | $174K | +9% |
| Revenue | $27.8M | $25.9M | $1.9M | +7% |
| Operating profit | $6.3M | $5.5M | $730K | +13% |
| Costs & expenses | $21.5M | $20.3M | $1.2M | +6% |
| Pre-tax earnings | $5.9M | $5.4M | $499K | +9% |
| Other expense, net | $342K | $111K | $231K | +208% |
| Net earnings | $5.9M | $5.4M | $499K | +9% |
| Depreciation & amortization | $3.5M | $3.4M | $95K | +3% |
| Share-based compensation | $92K | $46K | $46K | +100% |
| Working capital & other | $842K | −$2.1M | $3.0M | — |
| Operating cash flow | $8.6M | $11.0M | −$2.3M | -21% |
| Capital expenditures | $13.1M | $10.4M | $2.7M | +26% |
| Negative free cash flow (OCF − capex) | $4.5M | −$560K | $5.1M | — |
Questions
How much did Artesian Resources's revenue grow year over year in Q1 2026?
Artesian Resources's revenue rose $1.9M (+7%) from $25.9M in Q1 2025 to $27.8M in Q1 2026.
What drove Artesian Resources's revenue change in Q1 2026?
Water Sales +$1.5M (+7%); Other Utility Operating Revenue +$209K (+6%); Non Utility Operating Revenue +$174K (+9%).