Filing Flows › Artesian Resources (ARTNA) › Q2 2025
Artesian Resources (ARTNA) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 8, 2025
Artesian Resources (ARTNA) reported revenue of $28.5M for the second quarter 2025 (Q2 2025), +4% from a year earlier and +10% from the quarter before. Operating margin was 27.5%, net earnings $6.3M (22.0% of revenue).
Artesian Resources, Q2 2025: revenue $28.5M (+4% year over year), operating margin 27.5%, net earnings $6.3M, operating cash flow $7.9M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $28.5M | +10% | +4% |
| Operating profit | $7.9M | +42% | +9% |
| Net earnings | $6.3M | +16% | +18% |
| Operating cash flow | $7.9M | -28% | +16% |
What changed
Revenue was $28.5M in Q2 2025, up 4% year over year and up 10% from the previous quarter. Water Sales was the largest line at 81% of revenue. Water Sales added $582K year over year (up 3%), 51% of the total change.
Operating profit was $7.9M, a 27.5% margin (up 1.3 points year over year). Of the extra revenue versus a year earlier, 58% reached operating profit, above the 26% margin then. Total costs grew 2% against revenue growth of 4%. Net earnings were $6.3M, up 18% year over year. The effective tax rate was 0.0%.
Operating cash flow was $7.9M (up 16% year over year), 126% of net earnings. Non-cash charges added back $3.4M of depreciation and amortization and $46K of share-based compensation. Working capital and other items used $1.8M. Capital expenditures of $15.9M exceeded it, leaving free cash flow of −$7.9M.
Questions
What was Artesian Resources' revenue in the second quarter 2025?
Artesian Resources (ARTNA) reported revenue of $28.5M for the second quarter 2025 (Q2 2025), +4% from a year earlier and +10% from the quarter before.
Was Artesian Resources profitable in the second quarter 2025?
Operating profit was $7.9M (27.5% of revenue) and net earnings $6.3M.
Source: Artesian Resources 10-Q on SEC EDGAR.