Filing Flows › American States Water (AWR) › Q3 2026
American States Water (AWR) Q3 2026 earnings results (third quarter 2026)
10-Q filed Nov 4, 2026
American States Water (AWR) reported revenue of $193M for the third quarter 2026 (Q3 2026), +5% from a year earlier and +6% from the quarter before. Operating margin was 35.0%, net earnings $42.3M (22.0% of revenue).
American States Water, Q3 2026: revenue $193M (+5% year over year), operating margin 35.0%, net earnings $42.3M, operating cash flow $85.2M. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $193M | +6% | +5% |
| Operating profit | $67.3M | +5% | +9% |
| Net earnings | $42.3M | -2% | +3% |
| Operating cash flow | $85.2M | +90% | -8% |
| Free cash flow | $27.2M | — | -28% |
What changed
Revenue was $192.5M in Q3 2026, up 5% year over year and up 6% from the previous quarter.
Operating profit was $67.3M, a 35.0% margin (up 1.2 points year over year). Of the extra revenue versus Q3 2025, 57% reached operating profit, above the 34% margin then. Total costs grew 4% against revenue growth of 5%. Net earnings were $42.3M, up 3% year over year. The effective tax rate was 25.9%.
Operating cash flow was $85.2M (down 8% year over year), 201% of net earnings. Non-cash charges added back $13.5M of depreciation and amortization and $705K of share-based compensation. Working capital and other items added $28.7M. Capital expenditures of $58.0M left free cash flow of $27.2M.
Questions
What was American States Water's revenue in the third quarter 2026?
American States Water (AWR) reported revenue of $193M for the third quarter 2026 (Q3 2026), +5% from a year earlier and +6% from the quarter before.
Was American States Water profitable in the third quarter 2026?
Operating profit was $67.3M (35.0% of revenue) and net earnings $42.3M.