--- title: "Amer States Wate | 8-K: FY2026 Q1 Revenue: USD 169.19 M" type: "News" locale: "en" url: "https://longbridge.com/en/news/285437455.md" datetime: "2026-05-06T20:52:10.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/285437455.md) - [en](https://longbridge.com/en/news/285437455.md) - [zh-HK](https://longbridge.com/zh-HK/news/285437455.md) --- # Amer States Wate | 8-K: FY2026 Q1 Revenue: USD 169.19 M Revenue: As of FY2026 Q1, the actual value is USD 169.19 M. EPS: As of FY2026 Q1, the actual value is USD 0.76, missing the estimate of USD 0.77. EBIT: As of FY2026 Q1, the actual value is USD 62.5 M. #### Consolidated Financial Performance - Net Income for American States Water Company was $29,948 thousand for the three months ended March 31, 2026, compared to $26,844 thousand for the same period in 2025. - Total operating revenues for the first quarter of 2026 were $169,191 thousand, up from $148,013 thousand in the first quarter of 2025. - Total operating expenses for the first quarter of 2026 were $117,820 thousand, compared to $102,467 thousand in the first quarter of 2025. - Operating income was $51,371 thousand for the first quarter of 2026, compared to $45,546 thousand for the same period in 2025. #### Other Income and Expenses - Interest expense was - $12,107 thousand for Q1 2026, compared to - $12,082 thousand for Q1 2025. - Interest income was $976 thousand for Q1 2026, down from $2,013 thousand for Q1 2025. - Other, net was - $420 thousand for Q1 2026, compared to - $171 thousand for Q1 2025. - Total other income and (expenses), net was - $11,551 thousand for Q1 2026, compared to - $10,240 thousand for Q1 2025. #### Segment-Specific Performance (Three Months Ended March 31) ##### Water Segment - Operating Revenues were $113,110 thousand in 2026, compared to $102,003 thousand in 2025, an increase of $11.1 million largely due to CPUC-authorized rate increases and additional revenues for capital projects. - Net Income was $21,683 thousand in 2026, compared to $19,906 thousand in 2025. - Water supply costs increased by $4.8 million. - Operating expenses (excluding supply costs) increased by $2.4 million, primarily due to labor costs, employee benefits, operation-related costs, depreciation and amortization, and property and other non-income taxes. - Interest expense (net of interest income) increased by $0.9 million. - Other expense (net of other income) increased by $0.2 million, largely due to losses on investments for retirement plans. ##### Electric Segment - Operating Revenues were $18,657 thousand in 2026, compared to $15,002 thousand in 2025, an increase of $3.7 million due to CPUC-authorized rate increases and additional revenues for capital projects. - Net Income was $3,313 thousand in 2026, compared to $2,626 thousand in 2025. - Electric supply costs increased by $0.3 million. - Operating expenses increased by $2.3 million, mostly from operation and maintenance-related activities. - Interest expense (net of interest and other income) increased by $0.5 million. ##### Contracted Services Segment - Operating Revenues were $37,424 thousand in 2026, compared to $31,008 thousand in 2025. - Net Income was $5,815 thousand in 2026, compared to $5,124 thousand in 2025. - The increase largely resulted from increased construction activities, higher management fee revenues, and decreased interest expense. ##### AWR (Parent) Segment - Net Income (loss) was - $863 thousand in 2026, compared to - $812 thousand in 2025. #### Capital Investments and Dividends - American States Water Company’s regulated utilities are authorized to spend approximately $650 million in capital investments. - The company is on target to invest $185 to $225 million in 2026. - A second quarter dividend of $0.5040 per share was approved on May 4, 2026. - American States Water Company has increased dividends for 71 consecutive years and aims for a long-term compound annual growth rate in dividends of more than 7%. #### Outlook / Guidance - American States Water Company’s contracted services business is expected to contribute $0.63 to $0.67 per share for the full 2026 year. ### Related Stocks - [AWR.US](https://longbridge.com/en/quote/AWR.US.md) ## Related News & Research - [A Look At American States Water (AWR) Valuation After Positive Earnings Revisions And First Quarter Growth](https://longbridge.com/en/news/287134620.md) - [Charles Schwab Investment Management Inc. Acquires 20,510 Shares of American States Water Company $AWR](https://longbridge.com/en/news/286666726.md) - [LOWE'S REPORTS FIRST QUARTER 2026 SALES AND EARNINGS RESULTS | LOW Stock News](https://longbridge.com/en/news/287043063.md) - [Bally’s Corporation Reports First Quarter 2026 Results | BALY Stock News](https://longbridge.com/en/news/286814213.md) - [FS KKR Capital to post investor presentations on website after market close](https://longbridge.com/en/news/286815114.md)