Essential Utilities Reports Solid Q3 2026 Results
Business Wire•03/11/2026•17:05 ET
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Key Highlights
- ➤Q3 revenue $508.3 million, up 6.6% year over year
- ➤Q3 GAAP EPS $0.36; adjusted EPS $0.38 excluding merger costs
- ➤Infrastructure investment $1.1 billion through nine months; 2026 target $1.7 billion
- ➤American Water merger remains targeted for Q1 2027 closing
- ➤Signed acquisition agreements total approximately $290 million, serving over 208,000 customers
Expert Statements
Christopher Franklin, Chairman and Chief Executive Officer of Essential Utilities
“Our strong performance this quarter highlights the consistent earnings growth generated by both our water and natural gas divisions.”
Christopher Franklin, Chairman and Chief Executive Officer of Essential Utilities
“These results demonstrate our team’s dedication to operational excellence and strategic infrastructure investment. As we work toward closing our merger with American Water in Q1 2027, we remain focused on the meaningful benefits our combined organization can bring to the communities we serve and to our shareholders.”
* GAAP Earnings of $0.36 per share for Q3 2026 and adjusted earnings per share of $0.38 (non-GAAP), which exclude transaction costs associated with the pending merger with American Water
* Invested $1.1 billion in infrastructure in the first nine months of the year; on track to invest $1.7 billion in 2026
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