H2O America (HTO) reported second-quarter 2026 operating revenue of $210.5 million, up 6% from $198.3 million a year earlier. GAAP net income was $26.6 million, up 8% from $24.7 million, while GAAP diluted earnings per share were $0.62, compared with $0.71 in the prior-year quarter.
The company reiterated its standalone 2026 adjusted diluted EPS guidance of $3.08 to $3.18, excluding the pending Quadvest and Cibolo Valley acquisitions and related financing. H2O America also declared a quarterly cash dividend of $0.44 per share.
- Second-quarter operating revenue increased 6% to $210.5 million.
- GAAP net income rose 8% to $26.6 million.
- GAAP diluted EPS was $0.62, down from $0.71 a year earlier.
- Infrastructure investment totaled $206.9 million through June 30, 2026.
- The company expects the Quadvest acquisition to close around the end of the third quarter or early fourth quarter of 2026.
- The quarterly cash dividend of $0.44 per share is payable September 1, 2026, to shareholders of record on August 10, 2026.
