Filing Flows › Middlesex Water (MSEX) › Q2 2026 › vs Q2 2025
Middlesex Water (MSEX) Q2 2026 vs Q2 2025 (year over year)
Middlesex Water's revenue rose $7.0M (+14%) from $49.3M in Q2 2025 to $56.4M in Q2 2026. Operating margin 32.3% against 28.2% (+4.1 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 Q2 2025, the increases inside each band.
Margins
| Q2 2026 | Q2 2025 | Change | |
|---|---|---|---|
| Operating margin | 32.3% | 28.2% | +4.1 pts |
| Net margin | 26.2% | 21.9% | +4.4 pts |
Every line
| Line | Q2 2026 | Q2 2025 | Change | % |
|---|---|---|---|---|
| Revenue | $56.4M | $49.3M | $7.0M | +14% |
| Operating profit | $18.2M | $13.9M | $4.3M | +31% |
| Costs & expenses | $38.1M | $35.4M | $2.7M | +8% |
| Pre-tax earnings | $16.6M | $12.2M | $4.4M | +36% |
| Other expense, net | $1.7M | $1.7M | −$57K | -3% |
| Net earnings | $14.8M | $10.8M | $4.0M | +37% |
| Income tax | $1.8M | $1.4M | $380K | +27% |
| Depreciation & amortization | $6.9M | $7.5M | −$615K | -8% |
| Share-based compensation | $766K | $569K | $197K | +35% |
| Working capital & other | $6.1M | $587K | $5.5M | +934% |
| Operating cash flow | $16.4M | $18.3M | −$1.9M | -10% |
Questions
How much did Middlesex Water's revenue grow year over year in Q2 2026?
Middlesex Water's revenue rose $7.0M (+14%) from $49.3M in Q2 2025 to $56.4M in Q2 2026. Operating margin 32.3% against 28.2% (+4.1 pts).