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York Water (YORW) Q3 2025 earnings results (third quarter 2025)

10-Q filed Nov 6, 2025

York Water (YORW) reported revenue of $20.4M for the third quarter 2025 (Q3 2025), +3% from a year earlier and +6% from the quarter before. Operating margin was 38.9%, net earnings $6.2M (30.5% of revenue).

Revenue$20.4M
Year over year+3%
Quarter over quarter+6%
Operating margin38.9%
Net earnings$6.2M

York Water, Q3 2025: revenue $20.4M (+3% year over year), operating margin 38.9%, net earnings $6.2M, operating cash flow $7.8M. The chart follows the revenue to costs, profit and cash.

Q3 2025AmountQ/QY/Y
Revenue$20.4M+6%+3%
Operating profit$7.9M+12%-2%
Net earnings$6.2M+23%+6%
Operating cash flow$7.8M+3%+4%

What changed

Revenue was $20.4M in Q3 2025, up 3% year over year and up 6% from the previous quarter.

Operating profit was $7.9M, a 38.9% margin (down 2.0 points year over year). Operating profit fell $141K even though revenue rose $646K versus a year earlier, so costs grew faster than sales. Total costs grew 7% against revenue growth of 3%. Net earnings were $6.2M, up 6% year over year. The effective tax rate was -10.4%.

Operating cash flow was $7.8M (up 4% year over year), 126% of net earnings. Non-cash charges added back $3.6M of depreciation and amortization. Working capital and other items used $1.9M. Capital expenditures of $14.9M exceeded it, leaving free cash flow of −$7.1M.

Questions

What was York Water's revenue in the third quarter 2025?

York Water (YORW) reported revenue of $20.4M for the third quarter 2025 (Q3 2025), +3% from a year earlier and +6% from the quarter before.

Was York Water profitable in the third quarter 2025?

Operating profit was $7.9M (38.9% of revenue) and net earnings $6.2M.

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Source: York Water 10-Q on SEC EDGAR.