Filing Flows › Chesapeake Utilities (CPK) › Q4 2025
Chesapeake Utilities (CPK) Q4 2025 earnings results (fourth quarter 2025)
10-K filed Feb 25, 2026
Chesapeake Utilities (CPK) reported revenue of $259M for the fourth quarter 2025 (Q4 2025), +20% from a year earlier and +44% from the quarter before. Operating margin was 28.5%, net earnings $46.1M (17.8% of revenue).
Chesapeake Utilities, Q4 2025: revenue $259M (+20% year over year), operating margin 28.5%, net earnings $46.1M, operating cash flow $35.4M. The chart follows the revenue to costs, profit and cash.
| Q4 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $259M | +44% | +20% |
| Operating profit | $73.8M | +64% | +10% |
| Net earnings | $46.1M | +138% | +26% |
| Operating cash flow | $35.4M | -40% | +63% |
What changed
Revenue was $258.9M in Q4 2025, up 20% year over year and up 44% from the previous quarter.
Operating profit was $73.8M, a 28.5% margin (down 2.6 points year over year). Of the extra revenue versus a year earlier, 16% reached operating profit, below the 31% margin then. Total costs grew 25% against revenue growth of 20%. Net earnings were $46.1M, up 26% year over year. The effective tax rate was 27.7%.
Operating cash flow was $35.4M (up 63% year over year), 77% of net earnings. Non-cash charges added back $24.0M of depreciation and amortization and $2.5M of share-based compensation. Working capital and other items used $37.2M. Capital expenditures of $134.8M exceeded it, leaving free cash flow of −$99.4M.
Questions
What was Chesapeake Utilities' revenue in the fourth quarter 2025?
Chesapeake Utilities (CPK) reported revenue of $259M for the fourth quarter 2025 (Q4 2025), +20% from a year earlier and +44% from the quarter before.
Was Chesapeake Utilities profitable in the fourth quarter 2025?
Operating profit was $73.8M (28.5% of revenue) and net earnings $46.1M.