Filing Flows › Artesian Resources (ARTNA) › Q4 2025
Artesian Resources (ARTNA) Q4 2025 earnings results (fourth quarter 2025)
10-K filed Mar 16, 2026
Artesian Resources (ARTNA) reported revenue of $28.0M for the fourth quarter 2025 (Q4 2025), +4% from a year earlier and -8% from the quarter before. Operating margin was 20.6%, net earnings $4.1M (14.8% of revenue).
Artesian Resources, Q4 2025: revenue $28.0M (+4% year over year), operating margin 20.6%, net earnings $4.1M, operating cash flow $10.5M. The chart follows the revenue to costs, profit and cash.
| Q4 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $28.0M | -8% | +4% |
| Operating profit | $5.8M | -33% | +2% |
| Net earnings | $4.1M | -41% | +8% |
| Operating cash flow | $10.5M | -5% | +56% |
What changed
Revenue was $28.0M in Q4 2025, up 4% year over year and down 8% from the previous quarter. Water Sales was the largest line at 80% of revenue.
Operating profit was $5.8M, a 20.6% margin (down 0.4 points year over year). Of the extra revenue versus Q4 2024, 10% reached operating profit, below the 21% margin then. Total costs grew 5% against revenue growth of 4%. Net earnings were $4.1M, up 8% year over year. The effective tax rate was 0.0%.
Operating cash flow was $10.5M (up 56% year over year), 253% of net earnings. Non-cash charges added back $3.5M of depreciation and amortization and $94K of share-based compensation. Working capital and other items added $2.7M. Capital expenditures of $18.3M exceeded it, leaving free cash flow of −$7.9M.
Questions
What was Artesian Resources' revenue in the fourth quarter 2025?
Artesian Resources (ARTNA) reported revenue of $28.0M for the fourth quarter 2025 (Q4 2025), +4% from a year earlier and -8% from the quarter before.
Was Artesian Resources profitable in the fourth quarter 2025?
Operating profit was $5.8M (20.6% of revenue) and net earnings $4.1M.
Source: Artesian Resources 10-K on SEC EDGAR.