Middlesex Water Quarterly Income Statement
NASDAQ: MSEXUtilitiesWater SupplyUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Middlesex Water revenue and earnings
In the quarter ended Jun 30, 2026, Middlesex Water generated $56.4 million in revenue, up 14.3% from the same quarter a year earlier. Net income was $14.8 million (+37.1% year over year), for a net margin of 26.2% versus a median of 21.8% in the prior 5 quarters. Operating margin was 32.3%.
Diluted earnings per share came in at $0.79, up from $0.60.
Summary generated from market data by MetaCap's automated system. Methodology
Middlesex Water income statement (quarterly)
| Quarter (USD) | Q2 20262026-06-30 | Q1 20262026-03-31 | Q4 20252025-12-31 | Q3 20252025-09-30 | Q2 20252025-06-30 | Q1 20252025-03-31 | Q4 20242024-12-31 | Q3 20242024-09-30 | Q2 20242024-06-30 | Q1 20242024-03-31 | Q4 20232023-12-31 | Q3 20232023-09-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 56.36M | 48.71M | 46.98M | 54.09M | 49.32M | 44.30M | 47.11M | 55.10M | 49.15M | 40.52M | 38.60M | 46.72M |
| Revenue growth (YoY) | +14.26% | +9.96% | -0.27% | -1.83% | +0.36% | +9.32% | +22.03% | +17.95% | +14.82% | +6.21% | -0.49% | -2.06% |
| Operating Expenses | 38.13M | 35.61M | 35.77M | 36.39M | 35.41M | 32.74M | 36.58M | 37.60M | 33.83M | 30.66M | 30.36M | 33.89M |
| Operating Income | 18.23M | 13.10M | 11.21M | 17.70M | 13.91M | 11.56M | 10.53M | 17.50M | 15.31M | 9.87M | 8.24M | 12.82M |
| Interest Expense | 4.02M | 3.21M | 3.76M | 4.20M | 3.62M | 2.71M | 3.30M | 3.41M | 4.04M | 3.27M | 3.78M | 3.52M |
| Other Income (Expense) | 2.35M | 2.00M | 1.98M | 1.89M | 1.90M | 1.80M | 2.08M | 1.97M | 2.66M | 5.37M | 1.20M | 1.43M |
| Pretax Income | 16.56M | 11.89M | 9.43M | 15.39M | 12.19M | 10.64M | 9.31M | 16.06M | 13.93M | 11.96M | 5.66M | 10.74M |
| Income Tax | 1.79M | 1.28M | 820.00K | 1.43M | 1.41M | 1.16M | 503.00K | 1.74M | 3.38M | 1.28M | -102.00K | 746.00K |
| Net Income | 14.77M | 10.61M | 8.61M | 13.96M | 10.78M | 9.48M | 8.80M | 14.32M | 10.55M | 10.68M | 5.76M | 9.99M |
| Net Income growth (YoY) | +37.06% | +11.88% | -2.26% | -2.52% | +2.20% | -11.26% | +52.71% | +43.33% | +6.51% | +82.04% | -19.61% | -30.10% |
| EPS (Basic) | 0.79 | 0.57 | 0.46 | 0.77 | 0.60 | 0.53 | 0.49 | 0.80 | 0.59 | 0.60 | 0.32 | 0.56 |
| EPS (Diluted) | 0.79 | 0.57 | 0.46 | 0.77 | 0.60 | 0.53 | 0.49 | 0.80 | 0.59 | 0.59 | 0.32 | 0.56 |
| Shares Outstanding (Basic) | 18.71M | 18.55M | — | 18.12M | 17.96M | 17.89M | — | 17.84M | 17.83M | 17.82M | — | 17.76M |
| Shares Outstanding (Diluted) | 18.74M | 18.57M | — | 18.15M | 17.99M | 17.95M | — | 17.95M | 17.94M | 17.93M | — | 17.87M |
| EBITDA | 25.16M | 21.29M | 19.71M | 26.23M | 21.46M | 19.47M | 18.34M | 24.72M | 22.34M | 15.84M | 15.58M | 20.39M |
| Operating Margin | 32.35% | 26.90% | 23.85% | 32.73% | 28.21% | 26.09% | 22.35% | 31.76% | 31.16% | 24.34% | 21.35% | 27.45% |
| Net Margin | 26.21% | 21.77% | 18.32% | 25.80% | 21.85% | 21.40% | 18.69% | 25.99% | 21.46% | 26.36% | 14.93% | 21.38% |
This table shows 12 quarterly periods of Middlesex Water's income statement, from Q2 2026 back to Q3 2023, across 15 line items including revenue, operating expenses, operating income. Values in USD; B = billions, M = millions. Fiscal periods follow MSEX's reporting calendar. What is a income statement?