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Filing Flows › H2O America (HTO) › Q2 2026 › vs Q1 2026

H2O America (HTO) Q2 2026 vs Q1 2026 (quarter over quarter)

H2O America's revenue rose $27.2M (+15%) from $183M in Q1 2026 to $210M in Q2 2026. Operating margin 20.3% against 20.4% (-0.1 pts).

H2O America, Q2 2026: revenue $210M (+6% year over year), operating margin 20.3%, net earnings $26.6M, operating cash flow $60.7M. The chart draws each line against Q1 2026, the increases inside each band.

H2O America: what changed, Q2 2026 vs Q1 2026H2O America: what changed, Q2 2026 vs Q1 2026Costs & expenses$21.9MOther operating costs$18.0MOperating cash flow$17.0MWorking capital & other−$9.1MPre-tax earnings$8.2MNet earnings$7.6MOperating profit$5.3MGeneral & admin$3.8MOther expense, net−$2.8MIncome tax$585K

Margins

Q2 2026Q1 2026Change
Operating margin20.3%20.4%-0.1 pts
Net margin12.6%10.4%+2.3 pts

Every line

LineQ2 2026Q1 2026Change%
Revenue$210M$183M$27.2M+15%
Operating profit$42.8M$37.4M$5.3M+14%
Costs & expenses$168M$146M$21.9M+15%
Pre-tax earnings$30.6M$22.4M$8.2M+36%
Other expense, net$12.2M$15.0M−$2.8M-19%
General & admin$33.6M$29.8M$3.8M+13%
Other operating costs$134M$116M$18.0M+16%
Net earnings$26.6M$19.0M$7.6M+40%
Income tax$4.0M$3.4M$585K+17%
Depreciation & amortization$33.6M$33.8M−$172K-0.5%
Share-based compensation$1.7M$1.2M$503K+42%
Working capital & other$1.2M$10.3M−$9.1M-89%
Operating cash flow$60.7M$43.7M$17.0M+39%

Questions

How much did H2O America's revenue grow quarter over quarter in Q2 2026?

H2O America's revenue rose $27.2M (+15%) from $183M in Q1 2026 to $210M in Q2 2026. Operating margin 20.3% against 20.4% (-0.1 pts).

Q2 2026 results → · Compare in the interactive Sankey →