Artesian Resources Corporation filed its Form 10-Q for the quarterly period ended June 30, 2026 with the U.S. Securities and Exchange Commission, reporting increased revenues and net income compared with the same periods in 2025.

Key Highlights

  • Q2 2026 total operating revenues: $30,664 thousand, up from $28,549 thousand in Q2 2025.
  • Q2 2026 net income: $6,575 thousand, compared with $6,290 thousand in Q2 2025.
  • Six-month net income: $12,509 thousand for the six months ended June 30, 2026, versus $11,725 thousand for the same period in 2025.
  • Basic and diluted EPS: $0.64 per share for Q2 2026, and $1.21 per share for the six months ended June 30, 2026.
  • Cash dividends declared: $0.3199 per share for Q2 2026 and $0.6335 per share for the six months ended June 30, 2026.
  • Total assets: $884,012 thousand as of June 30, 2026, up from $851,229 thousand at December 31, 2025.
  • Shares outstanding: 9,445,669 shares of Class A Non-Voting Common Stock and 881,452 shares of Class B Common Stock as of August 10, 2026.

Artesian Resources Q2 2026 Financial Results: Revenue, Income, and Balance Sheet Changes

According to the filing, Artesian Resources Corporation (NASDAQ:ARTNA) reported total operating revenues of $30,664 thousand for the three months ended June 30, 2026, compared with $28,549 thousand for the same quarter in 2025. Water sales accounted for $24,429 thousand of Q2 2026 revenues, up from $23,083 thousand in Q2 2025. Other utility operating revenue was $4,221 thousand and non-utility operating revenue was $2,014 thousand for the second quarter of 2026.

The company reported Q2 2026 operating income of $8,615 thousand, up from $7,855 thousand in Q2 2025. Total operating expenses for the quarter were $22,049 thousand, versus $20,694 thousand a year earlier. For the six-month period ended June 30, 2026, total operating revenues were $58,437 thousand compared with $54,435 thousand in the first half of 2025, and operating income was $14,890 thousand versus $13,400 thousand. Interest charges for the six-month period were $4,571 thousand, compared with $4,320 thousand in the prior-year period.

On the balance sheet, the filing disclosed total assets of $884,012 thousand as of June 30, 2026, including utility plant at original cost (less accumulated depreciation) of $825,816 thousand. Total stockholders' equity stood at $256,236 thousand, with retained earnings of $101,085 thousand. Long-term debt, net of current portion, was $182,551 thousand. Net cash provided by operating activities for the six months ended June 30, 2026 was $18,811 thousand, while capital expenditures net of AFUDC equity portion totaled $25,858 thousand. The company issued $10,000 thousand of long-term debt and received $21,220 thousand in proceeds from contributions in aid of construction and advances during the period.

What Was Disclosed

Artesian Resources filed its unaudited quarterly report for the period ended June 30, 2026, disclosing higher revenues, operating income, and net income compared with Q2 and the first half of 2025, alongside an expanded balance sheet and continued capital investment activity.