Filing Flows › H2O America (HTO) › Q3 2026
H2O America (HTO) Q3 2026 earnings results (third quarter 2026)
10-Q filed Oct 26, 2026
H2O America (HTO) reported revenue of $250M for the third quarter 2026 (Q3 2026), +4% from a year earlier and +19% from the quarter before. Operating margin was 24.2%, net earnings $43.0M (17.2% of revenue).
H2O America, Q3 2026: revenue $250M (+4% year over year), operating margin 24.2%, net earnings $43.0M, operating cash flow $80.2M. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $250M | +19% | +4% |
| Operating profit | $60.5M | +41% | -6% |
| Net earnings | $43.0M | +62% | -5% |
| Operating cash flow | $80.2M | +32% | +4% |
What changed
Revenue was $250.2M in Q3 2026, up 4% year over year and up 19% from the previous quarter.
Operating profit was $60.5M, a 24.2% margin (down 2.7 points year over year). Operating profit fell $4.1M even though revenue rose $9.7M versus Q3 2025, so costs grew faster than sales. Total costs grew 8% against revenue growth of 4%. The fastest-growing cost line was General & admin (+13%). Net earnings were $43.0M, down 5% year over year. The effective tax rate was 10.8%.
Operating cash flow was $80.2M (up 4% year over year), 186% of net earnings. Non-cash charges added back $33.9M of depreciation and amortization and $1.8M of share-based compensation.
Questions
What was H2O America's revenue in the third quarter 2026?
H2O America (HTO) reported revenue of $250M for the third quarter 2026 (Q3 2026), +4% from a year earlier and +19% from the quarter before.
Was H2O America profitable in the third quarter 2026?
Operating profit was $60.5M (24.2% of revenue) and net earnings $43.0M.
Source: H2O America 10-Q on SEC EDGAR.