Filing Flows › Chesapeake Utilities (CPK) › Q3 2025
Chesapeake Utilities (CPK) Q3 2025 earnings results (third quarter 2025)
10-Q filed Nov 6, 2025
Chesapeake Utilities (CPK) reported revenue of $180M for the third quarter 2025 (Q3 2025), +12% from a year earlier and -7% from the quarter before. Operating margin was 25.1%, net earnings $19.4M (10.8% of revenue).
Chesapeake Utilities, Q3 2025: revenue $180M (+12% year over year), operating margin 25.1%, net earnings $19.4M, operating cash flow $59.1M. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $180M | -7% | +12% |
| Operating profit | $45.0M | -11% | +10% |
| Net earnings | $19.4M | -19% | +11% |
| Operating cash flow | $59.1M | +9% | +17% |
What changed
Revenue was $179.6M in Q3 2025, up 12% year over year and down 7% from the previous quarter.
Operating profit was $45.0M, a 25.1% margin (down 0.5 points year over year). Of the extra revenue versus a year earlier, 21% reached operating profit, below the 26% margin then. Total costs grew 13% against revenue growth of 12%. Net earnings were $19.4M, up 11% year over year. The effective tax rate was 28.1%.
Operating cash flow was $59.1M (up 17% year over year), 305% of net earnings. Non-cash charges added back $23.3M of depreciation and amortization and $1.4M of share-based compensation. Working capital and other items added $15.0M. Capital expenditures of $122.8M exceeded it, leaving free cash flow of −$63.7M.
Questions
What was Chesapeake Utilities' revenue in the third quarter 2025?
Chesapeake Utilities (CPK) reported revenue of $180M for the third quarter 2025 (Q3 2025), +12% from a year earlier and -7% from the quarter before.
Was Chesapeake Utilities profitable in the third quarter 2025?
Operating profit was $45.0M (25.1% of revenue) and net earnings $19.4M.