Companies /Utilities
York Water Company
NASDAQ: YORW Utilities - Regulated Water
$30.78
▲ $0.43 (+1.42%) today
Markets open · 12:49pm ET

York Water (YORW) Q1 2026 Earnings

Reported May 5, 2026, 10:46am ET · SEC source
$0.33
Beat +6.45%
EPS · est. $0.31
$20.1M
Miss −1.06%
Revenue · est. $20.3M
+2.1%
Beating market
YORW vs S&P since report
6 quarters
Consecutive EPS beats

How Did YORW Stock React to Q1 2026 Earnings?

% change · around the report
−2%0May 5May 6report 10:46am ETearnings+1.5%−1.4%
−2%0May 5May 6earnings+1.5%−1.4%
YORW −1.4%S&P 500 +1.5%
−2%0+2%May 5May 6report 10:46am ETearnings+2.2%−1.4%
−2%0+2%May 5May 6earnings+2.2%−1.4%
YORW −1.4%NASDAQ +2.2%
−2%0+2%May 4May 13report 10:46am ETearnings+2.3%−0.2%
−2%0+2%May 4May 13earnings+2.3%−0.2%
YORW −0.2%S&P 500 +2.3%
−3%0+3%May 4May 13report 10:46am ETearnings+4.4%−0.2%
−3%0+3%May 4May 13earnings+4.4%−0.2%
YORW −0.2%NASDAQ +4.4%
−0.10%
Day of report
−0.34%
Next session
+1.61%
One week
+4.02%
30 days

S&P 500 over the same 30 days: +1.90%.

Did YORW Beat Earnings? Q1 2026 Results

Yes. York Water reported Q1 2026 earnings of $0.33 a share on May 5, 2026, beating the $0.31 consensus estimate by 6.5%. Revenue was $20.1M against a $20.3M estimate.

York Water delivered a quietly solid first quarter for fiscal 2026, posting earnings per share of $0.33 to beat the $0.31 consensus estimate by 6.45%, even as revenue of $20.07 million came in just slightly below the $20.29 million analyst expectation. The top line still grew 8.8% year over year, with a March 1, 2026 rate increase serving as the primary engine behind that expansion, lifting operating revenues by $1.62 million and net income by $1.18 million compared to the prior-year period. Higher operation and maintenance expenses, increased depreciation, and added interest costs provided some drag, but lower income taxes offered a meaningful offset. The company also continued its measured acquisition strategy, picking up two small Pennsylvania wastewater systems during the quarter for $470,000. With an estimated $38.10 million in additional capital investment planned for the remainder of 2026, York Water is positioning for continued infrastructure-led growth, while its 27th consecutive year of dividend increases underscores the steady, income-oriented character that defines this regulated utility.

Key Takeaways
  • Rate increase effective March 1, 2026
  • Growth in customer base
  • Lower income taxes due to higher IRS tangible property regulation deductions
  • DSIC reset to zero partially offset revenue gains
  • Higher operation and maintenance expenses
  • Higher depreciation
  • Higher interest on debt

“First quarter operating revenues of $20,074,000 increased $1,618,000, and net income of $4,814,000 increased $1,176,000 compared to the first quarter of 2025. Basic and Diluted Earnings per share of $0.33 for the three-month period increased $0.08 compared to the same period last year. Increased revenues were primarily due to increase in rates effective March 1, 2026 partially offset by a reset to zero of the Distribution System Improvement Charge (DSIC).”

York Water CEO, on the earnings call

What Was York Water's Outlook in Q1 2026?

The Company estimates it will invest an additional $38.1 million in 2026, excluding acquisitions, for main extensions, a continuing upgrade to the enterprise software system, and routine improvements to its pipes, service lines, and other facilities to ensure a safe, adequate, and reliable supply of drinking water and to maintain proper handling and disposal of wastewater for the Company's growing customer base.

YORW YoY Financials

Q1 2026 vs Q1 2025 · SEC filings Q1 2025 Q1 2026
$0$6.0M$12.0M$18.0M$18.5M$20.1MRevenue$3.6M$4.8MNet Income
$0$6.0M$12.0M$18.0MRevenueNet Income
YORW income statement, Q1 2026 versus Q1 2025
Metric Q1 2026 Q1 2025 Year over year
Revenue $20.1M $18.5M +8.8%
Net Income $4.8M $3.6M +32.3%

Figures from SEC filings and company reports. Not investment advice.