NASDAQ$ARTNA

Artesian Resources Corporation · Q2 2025 earnings

Q2 2025 earnings · · After market close · Investor relations

Briefing

Artesian Resources Corporation reported increased revenues and net income for the second quarter ended June 30, 2025.

Total operating revenues reached $28.5 million, up 4.1% year-over-year, driven by higher water sales, wastewater revenue, and service line protection plans. Net income applicable to common stock rose 18.1% to $6.3 million, with basic and diluted EPS at $0.61. Operating income increased to $7.9 million amid controlled expense growth and higher AFUDC.

  • Q2 2025 total operating revenues of $28.5 million increased 4.1% from prior year, led by water sales growth and DSIC/temporary rate effects.
  • Net income applicable to common stock rose 18.1% to $6.3 million, producing EPS of $0.61.
  • Utility plant net of depreciation stood at $770.5 million and total assets reached $819.3 million as of June 30, 2025.
  • Stockholders' equity grew to $244.9 million while long-term debt net of current portion was $175.1 million.

Headline financials

Total Revenue

$28.5M

Previous: $27.4M+4.1%
EPS (adj)

$0.61

Previous: $0.52+17.3%
Utility operating expenses

$12.5M

No prior period
Non-utility operating expenses

$1.01M

No prior period
Depreciation and amortization

$3.41M

No prior period
State and federal income taxes

$2.16M

No prior period
Property and other taxes

$1.6M

No prior period
AFUDC

$619K

No prior period
Interest charges

$2.16M

No prior period
Weighted avg shares basic

10.3M

No prior period
Weighted avg shares diluted

10.3M

No prior period
Utility plant net

$770M

No prior period
Current assets

$22.3M

No prior period
Regulatory assets net

$13.6M

No prior period
Stockholders' equity

$245M

No prior period
Long-term debt net

$175M

No prior period
Current liabilities

$25.6M

No prior period
Net advances for construction

$1.45M

No prior period
Contributions in aid of construction

$289M

No prior period
Other liabilities

$84.7M

No prior period
Capital Expenditures

-$26.3M

Previous: -$18.4M-42.9%
Net Income

$6.29M

Previous: $5.33M+18.1%
Operating Income

$7.86M

Previous: $7.2M+9.1%
Cash & Equivalents

$349K

Previous: $6.25M-94.4%
Total Assets

$819M

Previous: $783M+4.6%

Revenue & EPS history

Artesian · Revenue · Quarterly

$28.5M

Q2 2025+4.1%vs Q2 2024
Beat estimate in 11 of 15 quarters(73%)
ActualEstimate

Revenue by segment

Artesian · $28.5M total across 3 segments · Q2 2025

  • Water sales
    $23.1M
  • Other utility operating
    $3.64M
  • Non-utility operating
    $1.83M

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports

Historical avg

-0.1%

Avg return

Earnings day

+0.3%

Avg return

5 days after

+0.8%

Avg return

30 days after

49%

32 / 65 earnings

Positive

+8.7%

Q3 2024

Best reaction

-7.1%

Q3 2012

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q2 2025
Q1 2026+1.2%+1.7%+4.1%
Q4 2025+0.8%-3.4%-1.0%
Q3 2025+1.0%+3.5%-3.1%
Q1 2025+0.3%-0.0%-1.8%
Q4 2024-1.3%+4.7%+8.9%
Q3 2024+8.7%+8.1%+1.7%
Q2 2024-6.7%-6.0%-8.2%
Q1 2024+2.5%+7.4%-3.5%
Q4 2023-1.2%-2.0%-6.1%
Q3 2023-0.6%-3.4%+4.9%
Q2 2023+0.5%+2.6%+1.1%
Q1 2023+1.6%+0.6%-8.5%
Q4 2022-5.2%-4.0%+4.0%
Q3 2022+2.1%+1.2%+6.5%
Q2 2022+3.8%+3.8%+5.5%
Q1 2022+1.4%-2.1%+6.9%
Q4 2021-3.3%-3.9%-3.4%
Q3 2021+0.6%+3.9%+4.3%
Q2 2021+1.1%-1.3%-1.2%
Q1 2021-0.8%-1.4%+0.4%
Q4 2020+0.9%+6.2%-0.1%
Q3 2020-1.1%+1.7%+4.4%
Q2 2020-1.1%+5.6%-3.0%
Q1 2020-0.7%+4.5%+4.4%
Q4 2019-4.9%-8.0%+4.9%
Q3 2019-0.9%-1.6%+0.9%
Q2 2019+2.5%+3.5%+0.9%
Q1 2019+0.7%-2.0%+5.4%
Q4 2018+1.2%-1.9%-8.7%
Q3 2018-1.9%-3.1%-1.3%
Q2 2018+0.4%-0.8%+1.9%
Q1 2018-1.3%+0.6%+1.1%
Q4 2017+4.2%+6.2%+3.0%
Q3 2017+1.9%-2.4%+4.7%
Q2 2017+2.1%-0.3%-6.3%
Q1 2017-0.4%-5.4%-2.4%
Q4 2016-2.8%-1.1%+10.6%
Q3 2016+3.2%+3.2%+16.4%
Q2 2016-1.8%-3.3%-17.9%
Q1 2016+4.9%
Q4 2015-1.0%
Q3 2015+0.5%
Q2 2015+1.3%
Q1 2015-1.3%
Q4 2014-0.4%
Q3 2014+1.8%
Q2 2014-1.3%
Q1 2014-0.6%
Q4 2013-1.1%
Q3 2013-1.1%
Q2 2013+1.2%
Q1 2013-2.3%
Q4 2009-0.8%
Q4 2012-1.3%
Q3 2012-7.1%
Q2 2012-1.2%
Q1 2012+2.7%
Q4 2011-1.0%
Q3 2010-1.7%
Q3 2011-1.7%
Q2 2011-2.7%
Q1 2011+0.2%
Q4 2010+0.2%
Q1 2010+0.2%
Q2 2010+0.2%

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