The financials
H2O America by the numbers
H2O America (HTO) reported revenue of $183M in Q1 2026 (quarter ended Mar 31, 2026), up 9.4% from the same quarter a year earlier. That came with net income of $19M (10% of revenue). For the full year FY2025, revenue was $801M (+7.0% year on year) and net income $103M. Its largest segment in Q3 2024 (quarter ended Sep 30, 2024) was Corporate at $221M, 33.3% of the disclosed total, just ahead of Reportable Segment One at 33.3%.
| Income statement | Q1 2026 | Q1 2025 | Change |
|---|---|---|---|
| Revenue | $183M | $168M | +9.4% |
| Operating income | $37M | $36M | +4.3% |
| Net income | $19M | $17M | +15% |
| Diluted EPS | $0.49 | $0.49 | 0.0% |
| Operating | Revenue | Share |
|---|---|---|
| Corporate | $221M | 33% |
| Reportable Segment One | $221M | 33% |
| Water Utility Services | $221M | 33% |
| Reportable Segment Two | $22K | 0.0% |
Business Segments
Revenue split by operating segment, from SEC XBRL filings.
Latest period: Jun 2026Total $206.7M (+15%)
Water Utility Services grew +6.2% year on year
Segment Latestquarter on quarteryear on year
- Water Utility Services$206.7M$206.7MQoQ +15%year on year +6.2%+15%+6.2%