Artesian Resources Q3 Revenue Rises 4.8% to $31.9 Million

Artesian Resources Corporation (ARTNA) reported third-quarter 2026 revenue of $31.9 million, up 4.8% from the prior-year period. Net income was $6.8 million, down 3.0%, while diluted net income per share fell to $0.65 from $0.68.

For the first nine months of 2026, revenue totaled $90.4 million and net income was $19.3 million. The company invested $40.8 million in water and wastewater infrastructure projects during the period.

• Third-quarter revenue increased by $1.5 million year over year.
• Nine-month revenue rose 6.4%, or $5.5 million, to $90.4 million.
• Nine-month diluted net income per share increased 3.3% to $1.87.
• Water sales revenue increased $0.8 million in the third quarter, supported by consumption, customer growth and DSIC revenue.
• Third-quarter operating expenses excluding depreciation and income taxes increased 8.7%, or $1.4 million.