Filing Flows › Essential Utilities (WTRG) › Q2 2026
Essential Utilities (WTRG) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 5, 2026
Essential Utilities (WTRG) reported revenue of $531M for the second quarter 2026 (Q2 2026), +3% from a year earlier and -38% from the quarter before. Operating margin was 36.4%, net earnings $106M (19.9% of revenue).
Essential Utilities, Q2 2026: revenue $531M (+3% year over year), operating margin 36.4%, net earnings $106M, operating cash flow $324M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $531M | -38% | +3% |
| Operating profit | $193M | -38% | +4% |
| Net earnings | $106M | -53% | -2% |
| Operating cash flow | $324M | +22% | +19% |
What changed
Revenue was $530.9M in Q2 2026, up 3% year over year and down 38% from the previous quarter. Regulated Water was the largest line at 55% of revenue. Regulated Water added $17.7M year over year (up 6%), 111% of the total change. Other declined 10%.
Operating profit was $193.3M, a 36.4% margin (up 0.4 points year over year). Of the extra revenue versus Q2 2025, 50% reached operating profit, above the 36% margin then. Total costs grew 2% against revenue growth of 3%. Net earnings were $105.7M, down 2% year over year. The effective tax rate was 3.1%.
Operating cash flow was $323.6M (up 19% year over year), 306% of net earnings. Non-cash charges added back $113.3M of depreciation and amortization and $4.5M of share-based compensation. Working capital and other items added $100.0M.
Questions
What was Essential Utilities' revenue in the second quarter 2026?
Essential Utilities (WTRG) reported revenue of $531M for the second quarter 2026 (Q2 2026), +3% from a year earlier and -38% from the quarter before.
Was Essential Utilities profitable in the second quarter 2026?
Operating profit was $193M (36.4% of revenue) and net earnings $106M.