Filing Flows › Chesapeake Utilities (CPK) › Q3 2026
Chesapeake Utilities (CPK) Q3 2026 earnings results (third quarter 2026)
10-Q filed Nov 5, 2026
Chesapeake Utilities (CPK) reported revenue of $196M for the third quarter 2026 (Q3 2026), +9% from a year earlier and -3% from the quarter before. Operating margin was 24.8%, net earnings $21.6M (11.0% of revenue).
Chesapeake Utilities, Q3 2026: revenue $196M (+9% year over year), operating margin 24.8%, net earnings $21.6M, operating cash flow $88.1M. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $196M | -3% | +9% |
| Operating profit | $48.6M | -8% | +8% |
| Net earnings | $21.6M | -15% | +11% |
| Operating cash flow | $88.1M | -8% | +49% |
What changed
Revenue was $195.8M in Q3 2026, up 9% year over year and down 3% from the previous quarter. Energy distribution was the largest line at 77% of revenue. Energy distribution added $17.5M year over year (up 13%), 108% of the total change.
Operating profit was $48.6M, a 24.8% margin (down 0.2 points year over year). Of the extra revenue versus Q3 2025, 22% reached operating profit, below the 25% margin then. Total costs grew 9% against revenue growth of 9%. Net earnings were $21.6M, up 11% year over year. The effective tax rate was 28.0%.
Operating cash flow was $88.1M (up 49% year over year), 408% of net earnings. Non-cash charges added back $23.0M of depreciation and amortization and $2.3M of share-based compensation. Working capital and other items added $41.2M. Capital expenditures of $152.4M exceeded it, leaving free cash flow of −$64.3M.
Questions
What was Chesapeake Utilities' revenue in the third quarter 2026?
Chesapeake Utilities (CPK) reported revenue of $196M for the third quarter 2026 (Q3 2026), +9% from a year earlier and -3% from the quarter before.
Was Chesapeake Utilities profitable in the third quarter 2026?
Operating profit was $48.6M (24.8% of revenue) and net earnings $21.6M.