Filing Flows › Artesian Resources (ARTNA) › Q3 2025
Artesian Resources (ARTNA) Q3 2025 earnings results (third quarter 2025)
10-Q filed Nov 7, 2025
Artesian Resources (ARTNA) reported revenue of $30.5M for the third quarter 2025 (Q3 2025), +5% from a year earlier and +7% from the quarter before. Operating margin was 28.3%, net earnings $7.0M (22.8% of revenue).
Artesian Resources, Q3 2025: revenue $30.5M (+5% year over year), operating margin 28.3%, net earnings $7.0M, operating cash flow $11.0M. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $30.5M | +7% | +5% |
| Operating profit | $8.6M | +10% | +0.3% |
| Net earnings | $7.0M | +11% | +2% |
| Operating cash flow | $11.0M | +38% | +3% |
What changed
Revenue was $30.5M in Q3 2025, up 5% year over year and up 7% from the previous quarter. Water Sales was the largest line at 81% of revenue. Water Sales added $745K year over year (up 3%), 55% of the total change.
Operating profit was $8.6M, a 28.3% margin (down 1.2 points year over year). Of the extra revenue versus a year earlier, 2% reached operating profit, below the 29% margin then. Total costs grew 6% against revenue growth of 5%. Net earnings were $7.0M, up 2% year over year. The effective tax rate was 0.0%.
Operating cash flow was $11.0M (up 3% year over year), 158% of net earnings. Non-cash charges added back $3.5M of depreciation and amortization and $60K of share-based compensation. Capital expenditures of $14.3M exceeded it, leaving free cash flow of −$3.3M.
Questions
What was Artesian Resources' revenue in the third quarter 2025?
Artesian Resources (ARTNA) reported revenue of $30.5M for the third quarter 2025 (Q3 2025), +5% from a year earlier and +7% from the quarter before.
Was Artesian Resources profitable in the third quarter 2025?
Operating profit was $8.6M (28.3% of revenue) and net earnings $7.0M.
Source: Artesian Resources 10-Q on SEC EDGAR.