Filing Flows › American Water Works Company (AWK) › Q3 2025
American Water Works Company (AWK) Q3 2025 earnings results (third quarter 2025)
10-Q filed Oct 29, 2025
American Water Works Company (AWK) reported revenue of $1.5B for the third quarter 2025 (Q3 2025), +9% from a year earlier and +14% from the quarter before. Operating margin was 42.2%, net earnings $379M (26.1% of revenue).
American Water Works Company, Q3 2025: revenue $1.5B (+10% year over year), operating margin 42.2%, net earnings $379M, operating cash flow $764M. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.5B | +14% | +9% |
| Operating profit | $614M | +26% | +13% |
| Net earnings | $379M | +31% | +8% |
| Operating cash flow | $764M | +154% | +13% |
What changed
Revenue was $1.5B in Q3 2025, up 9% year over year and up 14% from the previous quarter.
Operating profit was $0.61B, a 42.2% margin (up 1.3 points year over year). Of the extra revenue versus a year earlier, 56% reached operating profit, above the 41% margin then. Total costs grew 7% against revenue growth of 9%. Net earnings were $0.38B, up 8% year over year. The effective tax rate was 23.3%.
Operating cash flow was $0.76B (up 13% year over year), 202% of net earnings. Non-cash charges added back $0.23B of depreciation and amortization. Working capital and other items added $0.16B. Capital expenditures of $0.80B exceeded it, leaving free cash flow of −$0.03B.
Questions
What was American Water Works Company's revenue in the third quarter 2025?
American Water Works Company (AWK) reported revenue of $1.5B for the third quarter 2025 (Q3 2025), +9% from a year earlier and +14% from the quarter before.
Was American Water Works Company profitable in the third quarter 2025?
Operating profit was $614M (42.2% of revenue) and net earnings $379M.