Filing Flows › Middlesex Water (MSEX) › Q3 2026 › vs Q3 2025
Middlesex Water (MSEX) Q3 2026 vs Q3 2025 (year over year)
Middlesex Water's revenue rose $6.1M (+11%) from $54.1M in Q3 2025 to $60.2M in Q3 2026. Operating margin 37.0% against 32.7% (+4.3 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 Q3 2025, the increases inside each band.
Margins
| Q3 2026 | Q3 2025 | Change | |
|---|---|---|---|
| Operating margin | 37.0% | 32.7% | +4.3 pts |
| Net margin | 29.9% | 25.8% | +4.1 pts |
Every line
| Line | Q3 2026 | Q3 2025 | Change | % |
|---|---|---|---|---|
| Revenue | $60.2M | $54.1M | $6.1M | +11% |
| Operating profit | $22.3M | $17.7M | $4.6M | +26% |
| Costs & expenses | $37.9M | $36.4M | $1.6M | +4% |
| Pre-tax earnings | $20.5M | $15.4M | $5.1M | +33% |
| Other expense, net | $1.8M | $2.3M | −$515K | -22% |
| Net earnings | $18.0M | $14.0M | $4.1M | +29% |
| Income tax | $2.4M | $1.4M | $1.0M | +71% |
| Depreciation & amortization | $7.7M | $8.5M | −$809K | -9% |
| Share-based compensation | $347K | $161K | $186K | +116% |
| Working capital & other | $3.2M | $10.6M | −$7.4M | -70% |
| Operating cash flow | $22.9M | $12.0M | $10.8M | +90% |
Questions
How much did Middlesex Water's revenue grow year over year in Q3 2026?
Middlesex Water's revenue rose $6.1M (+11%) from $54.1M in Q3 2025 to $60.2M in Q3 2026. Operating margin 37.0% against 32.7% (+4.3 pts).