Filing Flows › Essential Utilities (WTRG) › Q3 2026 › vs Q2 2026
Essential Utilities (WTRG) Q3 2026 vs Q2 2026 (quarter over quarter)
Essential Utilities's revenue fell $22.6M (-4%) from $531M in Q2 2026 to $508M in Q3 2026. The biggest changes: Regulated Natural Gas −$46.7M (-28%); Regulated Water +$21.4M (+7%); Wastewater +$1.8M (+3%). Operating margin 37.9% against 36.4% (+1.5 pts).
Essential Utilities, Q3 2026: revenue $508M (+7% year over year), operating margin 37.9%, net earnings $104M, operating cash flow $229M. The chart draws each line against Q2 2026, the increases inside each band.
Margins
| Q3 2026 | Q2 2026 | Change | |
|---|---|---|---|
| Operating margin | 37.9% | 36.4% | +1.5 pts |
| Net margin | 20.4% | 19.9% | +0.5 pts |
Every line
| Line | Q3 2026 | Q2 2026 | Change | % |
|---|---|---|---|---|
| Regulated Water | $313M | $291M | $21.4M | +7% |
| Regulated Natural Gas | $123M | $169M | −$46.7M | -28% |
| Wastewater | $64.8M | $63.1M | $1.8M | +3% |
| Other | $8.2M | $7.2M | $1.0M | +14% |
| Revenue | $508M | $531M | −$22.6M | -4% |
| Operating profit | $193M | $193M | −$574K | -0.3% |
| Costs & expenses | $316M | $338M | −$22.0M | -7% |
| Pre-tax earnings | $110M | $109M | $1.4M | +1% |
| Other expense, net | $82.2M | $84.2M | −$1.9M | -2% |
| Net earnings | $104M | $106M | −$1.9M | -2% |
| Income tax | $6.6M | $3.4M | $3.2M | +96% |
| Depreciation & amortization | $114M | $113M | $1.0M | +0.9% |
| Share-based compensation | $2.9M | $4.5M | −$1.7M | -37% |
| Working capital & other | $8.2M | $100M | −$91.8M | -92% |
| Operating cash flow | $229M | $324M | −$94.3M | -29% |
Questions
How much did Essential Utilities's revenue grow quarter over quarter in Q3 2026?
Essential Utilities's revenue fell $22.6M (-4%) from $531M in Q2 2026 to $508M in Q3 2026.
What drove Essential Utilities's revenue change in Q3 2026?
Regulated Natural Gas −$46.7M (-28%); Regulated Water +$21.4M (+7%); Wastewater +$1.8M (+3%).