Filing Flows › Middlesex Water (MSEX) › Q3 2026 › vs Q2 2026
Middlesex Water (MSEX) Q3 2026 vs Q2 2026 (quarter over quarter)
Middlesex Water's revenue rose $3.8M (+7%) from $56.4M in Q2 2026 to $60.2M in Q3 2026. Operating margin 37.0% against 32.3% (+4.6 pts).
Middlesex Water, Q3 2026: revenue $60.2M (+11% year over year), operating margin 37.0%, net earnings $18.0M, operating cash flow $22.9M. The chart draws each line against Q2 2026, the increases inside each band.
Margins
| Q3 2026 | Q2 2026 | Change | |
|---|---|---|---|
| Operating margin | 37.0% | 32.3% | +4.6 pts |
| Net margin | 29.9% | 26.2% | +3.7 pts |
Every line
| Line | Q3 2026 | Q2 2026 | Change | % |
|---|---|---|---|---|
| Revenue | $60.2M | $56.4M | $3.8M | +7% |
| Operating profit | $22.3M | $18.2M | $4.0M | +22% |
| Costs & expenses | $37.9M | $38.1M | −$190K | -0.5% |
| Pre-tax earnings | $20.5M | $16.6M | $3.9M | +24% |
| Other expense, net | $1.8M | $1.7M | $131K | +8% |
| Net earnings | $18.0M | $14.8M | $3.3M | +22% |
| Income tax | $2.4M | $1.8M | $651K | +36% |
| Depreciation & amortization | $7.7M | $6.9M | $793K | +11% |
| Share-based compensation | $347K | $766K | −$419K | -55% |
| Working capital & other | $3.2M | $6.1M | −$2.9M | -47% |
| Operating cash flow | $22.9M | $16.4M | $6.5M | +40% |
Questions
How much did Middlesex Water's revenue grow quarter over quarter in Q3 2026?
Middlesex Water's revenue rose $3.8M (+7%) from $56.4M in Q2 2026 to $60.2M in Q3 2026. Operating margin 37.0% against 32.3% (+4.6 pts).