Artesian Resources Corporation (ARTNA) reported second-quarter 2026 revenue of $30.7 million, up $2.1 million, or 7.4%, from the same period in 2025. Net income for the quarter was $6.6 million, up $0.3 million, or 4.5%.
For the first six months of 2026, revenue totaled $58.4 million, up 7.4%, while net income rose 6.7% to $12.5 million. The company said it invested $25.9 million in water and wastewater infrastructure projects during the period.
- Diluted net income per share for the second quarter increased 4.9% to $0.64.
- Year-to-date diluted net income per share rose 6.1% to $1.21.
- Water sales revenue increased $1.3 million in the quarter, primarily due to temporary rate increases and customer growth.
- Wastewater customers increased 6.6% over the past 12 months, according to the company.
- Capital investments included new mains, hydrants, meter equipment, wastewater force mains, pumping and treatment station upgrades, PFAS treatment upgrades, and new wastewater treatment plants.
