Filing Flows › Middlesex Water (MSEX) › Q2 2026 › vs Q1 2026
Middlesex Water (MSEX) Q2 2026 vs Q1 2026 (quarter over quarter)
Middlesex Water's revenue rose $7.6M (+16%) from $48.7M in Q1 2026 to $56.4M in Q2 2026. Operating margin 32.3% against 26.9% (+5.4 pts).
Middlesex Water, Q2 2026: revenue $56.4M (+14% year over year), operating margin 32.3%, net earnings $14.8M, operating cash flow $16.4M. The chart draws each line against Q1 2026, the increases inside each band.
Margins
| Q2 2026 | Q1 2026 | Change | |
|---|---|---|---|
| Operating margin | 32.3% | 26.9% | +5.4 pts |
| Net margin | 26.2% | 21.8% | +4.4 pts |
Every line
| Line | Q2 2026 | Q1 2026 | Change | % |
|---|---|---|---|---|
| Revenue | $56.4M | $48.7M | $7.6M | +16% |
| Operating profit | $18.2M | $13.1M | $5.1M | +39% |
| Costs & expenses | $38.1M | $35.6M | $2.5M | +7% |
| Pre-tax earnings | $16.6M | $11.9M | $4.7M | +39% |
| Other expense, net | $1.7M | $1.2M | $456K | +38% |
| Net earnings | $14.8M | $10.6M | $4.2M | +39% |
| Income tax | $1.8M | $1.3M | $504K | +39% |
| Depreciation & amortization | $6.9M | $8.2M | −$1.3M | -15% |
| Share-based compensation | $766K | $401K | $365K | +91% |
| Working capital & other | $6.1M | $7.5M | −$1.4M | -19% |
| Operating cash flow | $16.4M | $11.7M | $4.7M | +40% |
Questions
How much did Middlesex Water's revenue grow quarter over quarter in Q2 2026?
Middlesex Water's revenue rose $7.6M (+16%) from $48.7M in Q1 2026 to $56.4M in Q2 2026. Operating margin 32.3% against 26.9% (+5.4 pts).