Filing Flows › American States Water (AWR) › Q2 2026 › vs Q1 2026
American States Water (AWR) Q2 2026 vs Q1 2026 (quarter over quarter)
American States Water's revenue rose $12.1M (+7%) from $169M in Q1 2026 to $181M in Q2 2026. Operating margin 35.3% against 30.4% (+4.9 pts).
American States Water, Q2 2026: revenue $181M (+11% year over year), operating margin 35.3%, net earnings $43.3M, operating cash flow $44.9M. The chart draws each line against Q1 2026, the increases inside each band.
Margins
| Q2 2026 | Q1 2026 | Change | |
|---|---|---|---|
| Operating margin | 35.3% | 30.4% | +4.9 pts |
| Net margin | 23.9% | 17.7% | +6.2 pts |
Every line
| Line | Q2 2026 | Q1 2026 | Change | % |
|---|---|---|---|---|
| Revenue | $181M | $169M | $12.1M | +7% |
| Operating profit | $64.0M | $51.4M | $12.6M | +25% |
| Costs & expenses | $117M | $118M | −$501K | -0.4% |
| Pre-tax earnings | $57.8M | $39.8M | $17.9M | +45% |
| Other expense, net | $6.2M | $11.6M | −$5.3M | -46% |
| Cost of revenue | $16.7M | $17.3M | −$586K | -3% |
| General & admin | $24.5M | $28.2M | −$3.6M | -13% |
| Other operating costs | $76.1M | $72.3M | $3.7M | +5% |
| Net earnings | $43.3M | $29.9M | $13.3M | +44% |
| Income tax | $14.5M | $9.9M | $4.6M | +47% |
| Depreciation & amortization | $13.1M | $13.0M | $65K | +0.5% |
| Share-based compensation | $321K | $3.0M | −$2.6M | -89% |
| Working capital & other | $11.7M | −$25.7M | $37.5M | — |
| Operating cash flow | $44.9M | $71.6M | −$26.7M | -37% |
| Capital expenditures | $48.5M | $49.1M | −$541K | -1% |
| Negative free cash flow (OCF − capex) | $3.6M | −$22.6M | $26.2M | — |
Questions
How much did American States Water's revenue grow quarter over quarter in Q2 2026?
American States Water's revenue rose $12.1M (+7%) from $169M in Q1 2026 to $181M in Q2 2026. Operating margin 35.3% against 30.4% (+4.9 pts).