Artesian Resources Corporation filed its Form 10-Q for the quarterly period ended September 30, 2026 with the U.S. Securities and Exchange Commission on November 12, 2026, reporting nine-month net income of $19,265 thousand on total operating revenues of $90,386 thousand.

Key Highlights

  • Nine-month net income: $19,265 thousand, up from $18,687 thousand in the same period of 2025, according to the filing.
  • Third-quarter net income: $6,756 thousand, compared with $6,962 thousand in Q3 2025.
  • Total operating revenues (nine months): $90,386 thousand, versus $84,926 thousand a year earlier.
  • Basic and diluted EPS (nine months): $1.87 per common share, up from $1.81 in the prior-year period.
  • Cash dividends per share (nine months): $0.9534, compared with $0.9162 in the nine months ended September 30, 2025.
  • Total assets: $903,230 thousand as of September 30, 2026, up from $851,229 thousand at December 31, 2025.
  • Shares outstanding: 9,453,079 Class A Non-Voting Common Stock and 881,452 Class B Common Stock as of November 9, 2026.

Artesian Resources Financial Results for the Nine Months Ended September 30, 2026

According to the filing, Artesian Resources Corporation (NASDAQ:ARTNA) reported total operating revenues of $90,386 thousand for the nine months ended September 30, 2026, an increase from $84,926 thousand in the comparable prior-year period. Water sales accounted for $72,299 thousand of that total, up from $68,608 thousand, while other utility operating revenue contributed $12,044 thousand and non-utility operating revenue added $6,043 thousand.

The company reported total operating expenses of $66,665 thousand for the nine-month period, compared with $62,907 thousand a year earlier. Utility operating expenses were $41,091 thousand, depreciation and amortization reached $10,547 thousand, and state and federal income taxes amounted to $6,572 thousand. Operating income for the nine months was $23,721 thousand, versus $22,019 thousand in the prior-year period. Interest charges for the nine months were $6,949 thousand, up from $6,514 thousand. For the third quarter alone, the filing disclosed net income of $6,756 thousand on revenues of $31,948 thousand, with basic and diluted EPS of $0.65.

On the balance sheet, the filing reported total assets of $903,230 thousand at September 30, 2026, compared with $851,229 thousand at December 31, 2025. Utility plant at original cost (less accumulated depreciation) stood at $842,721 thousand. Net contributions in aid of construction rose to $342,910 thousand from $311,076 thousand. Cash and cash equivalents at September 30, 2026 were $12,141 thousand, compared with $52 thousand at year-end 2025. Net cash provided by operating activities for the nine months was $33,948 thousand, while capital expenditures net of AFUDC equity portion were $40,767 thousand. Long-term debt, net of current portion, was $181,929 thousand.

What Was Disclosed

Artesian Resources filed an unaudited quarterly report covering the nine-month and three-month periods ended September 30, 2026, disclosing income statement, balance sheet, and cash flow data, along with share counts as of November 9, 2026.