Filing Flows › H2O America (HTO) › Q2 2026 › vs Q2 2025
H2O America (HTO) Q2 2026 vs Q2 2025 (year over year)
H2O America's revenue rose $12.2M (+6%) from $198M in Q2 2025 to $210M in Q2 2026. Operating margin 20.3% against 22.1% (-1.8 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 Q2 2025, the increases inside each band.
Margins
| Q2 2026 | Q2 2025 | Change | |
|---|---|---|---|
| Operating margin | 20.3% | 22.1% | -1.8 pts |
| Net margin | 12.6% | 12.4% | +0.2 pts |
Every line
| Line | Q2 2026 | Q2 2025 | Change | % |
|---|---|---|---|---|
| Revenue | $210M | $198M | $12.2M | +6% |
| Operating profit | $42.8M | $43.9M | −$1.1M | -3% |
| Costs & expenses | $168M | $154M | $13.3M | +9% |
| Pre-tax earnings | $30.6M | $29.3M | $1.2M | +4% |
| Other expense, net | $12.2M | $14.5M | −$2.3M | -16% |
| General & admin | $33.6M | $28.8M | $4.8M | +17% |
| Other operating costs | $134M | $126M | $8.5M | +7% |
| Net earnings | $26.6M | $24.7M | $1.9M | +8% |
| Income tax | $4.0M | $4.7M | −$692K | -15% |
| Depreciation & amortization | $33.6M | $30.0M | $3.6M | +12% |
| Share-based compensation | $1.7M | $1.5M | $251K | +17% |
| Working capital & other | $1.2M | −$4.7M | $5.9M | — |
| Operating cash flow | $60.7M | $60.8M | −$97K | -0.2% |
Questions
How much did H2O America's revenue grow year over year in Q2 2026?
H2O America's revenue rose $12.2M (+6%) from $198M in Q2 2025 to $210M in Q2 2026. Operating margin 20.3% against 22.1% (-1.8 pts).