Filing Flows › American States Water (AWR) › Q2 2026 › vs Q2 2025
American States Water (AWR) Q2 2026 vs Q2 2025 (year over year)
American States Water's revenue rose $18.2M (+11%) from $163M in Q2 2025 to $181M in Q2 2026. Operating margin 35.3% against 31.3% (+4.0 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 Q2 2025, the increases inside each band.
Margins
| Q2 2026 | Q2 2025 | Change | |
|---|---|---|---|
| Operating margin | 35.3% | 31.3% | +4.0 pts |
| Net margin | 23.9% | 20.7% | +3.2 pts |
Every line
| Line | Q2 2026 | Q2 2025 | Change | % |
|---|---|---|---|---|
| Revenue | $181M | $163M | $18.2M | +11% |
| Operating profit | $64.0M | $51.0M | $13.0M | +26% |
| Costs & expenses | $117M | $112M | $5.2M | +5% |
| Pre-tax earnings | $57.8M | $43.9M | $13.8M | +31% |
| Other expense, net | $6.2M | $7.0M | −$816K | -12% |
| Cost of revenue | $16.7M | $12.9M | $3.9M | +30% |
| General & admin | $24.5M | $25.2M | −$701K | -3% |
| Other operating costs | $76.1M | $74.0M | $2.1M | +3% |
| Net earnings | $43.3M | $33.7M | $9.6M | +28% |
| Income tax | $14.5M | $10.2M | $4.2M | +41% |
| Depreciation & amortization | $13.1M | $11.9M | $1.1M | +9% |
| Share-based compensation | $321K | $343K | −$22K | -6% |
| Working capital & other | $11.7M | −$18.6M | $30.3M | — |
| Operating cash flow | $44.9M | $64.6M | −$19.7M | -30% |
| Capital expenditures | $48.5M | $50.9M | −$2.4M | -5% |
| Negative free cash flow (OCF − capex) | $3.6M | −$13.7M | $17.3M | — |
Questions
How much did American States Water's revenue grow year over year in Q2 2026?
American States Water's revenue rose $18.2M (+11%) from $163M in Q2 2025 to $181M in Q2 2026. Operating margin 35.3% against 31.3% (+4.0 pts).