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GlobeNewswire·

The York Water Company Reports 3rd Quarter and Nine Months Earnings

  • York Water Company President JT Hand announced Q3 & nine-month 2026 financial results on November 6, 2026.
  • Q3 2026 operating revenues reached $24,333,000, an increase of $3,972,000 from Q3 2025.
  • Q3 2026 net income was $7,809,000, up $1,608,000 from the prior year period.
  • Q3 2026 basic & diluted earnings per share were $0.48, rising $0.05 compared to the same period in 2025.
  • Nine-month 2026 operating revenues totaled $67,922,000, an increase of $9,906,000 from the first nine months of 2025.
  • Nine-month 2026 net income was $20,238,000, up $5,347,000 from the same period in 2025.
  • Nine-month 2026 basic & diluted earnings per share were $1.30, an increase of $0.27 year-over-year.
  • Revenue growth was primarily driven by rate increases effective March 1, 2026 & customer base expansion.
  • Revenue gains were partially offset by a reset to zero of the Distribution System Improvement Charge (DSIC), higher operating expenses, depreciation, & income taxes.
  • The Company invested $36.2 million in capital projects during the first nine months of 2026 for infrastructure, wastewater treatment, & software upgrades.
  • An additional $470,000 was invested to acquire the CMV Sewage Co. & Pine Run Retirement Community wastewater systems.
  • The Company estimates an additional $11.8 million in capital investments for the remainder of 2026, excluding acquisitions.
  • Dividends declared per common share for the nine-month period were $0.6840, compared to $0.6576 in 2025.