Growth Metrics

Artesian Resources (ARTNA) Operating Expenses (2010 - 2026)

Artesian Resources (ARTNA) reported Operating Expenses of $21.5 million for Q1 2026, up 5.69% year-over-year from $20.3 million in Q1 2025, and up 51.93% on a QoQ basis from $14.2 million in Q4 2025.

Artesian Resources (ARTNA) has 17 years of Operating Expenses data on file, last reported at $21.5 million in Q1 2026.

  • Quarterly Operating Expenses rose 5.69% year-over-year to $21.5 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $70.0 million (up 39.18% YoY) and the FY2025 annual result came in at $52.4 million, up 5.25% from the prior year.
  • Operating Expenses rose to $21.5 million in Q1 2026 per ARTNA's latest filing, from $14.2 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $44.0 million in Q4 2022 and bottomed at -$11.2 million in Q4 2023.
  • The 5-year median for Operating Expenses is $18.5 million (2022), against an average of $15.3 million.
  • The widest annual swing landed in 2023, when Operating Expenses tumbled 125.41%; it then soared 231.04% in 2025.
  • Tracing ARTNA's Operating Expenses over 5 years: stood at $44.0 million in 2022, then tumbled by 125.41% to -$11.2 million in 2023, then climbed by 3.42% to -$10.8 million in 2024, then soared by 231.04% to $14.2 million in 2025, then jumped by 51.93% to $21.5 million in 2026.
  • Per Business Quant, the three latest ARTNA Operating Expenses figures stand at $21.5 million (Q1 2026), $14.2 million (Q4 2025), and $21.9 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 American Water Works Company 24.16 Bn 24.02 Bn 714.00 Mn 816.00 Mn
2 Aris Mining 20.33 Bn 19.86 Bn 233.28 Mn -7.90 Mn
3 Essential Utilities 10.48 Bn 10.40 Bn 685.96 Mn 551.12 Mn
4 American States Water 2.94 Bn 2.93 Bn 104.19 Mn 119.24 Mn
5 California Water Service 2.58 Bn 2.48 Bn 183.34 Mn 196.41 Mn
6 H2O America 2.18 Bn 2.03 Bn 171.30 Mn 145.87 Mn
7 Middlesex Water 959.61 Mn 957.57 Mn 25.70 Mn 35.61 Mn
8 Consolidated Water 465.28 Mn 344.14 Mn 10.92 Mn 10.68 Mn
9 York Water 430.12 Mn 430.12 Mn 13.98 Mn 13.72 Mn
10 Artesian Resources 332.86 Mn 328.60 Mn 26.56 Mn 21.50 Mn

Historic Data

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DateValue
Mar 31, 2026 21.50 Mn
Dec 31, 2025 14.15 Mn
Sep 30, 2025 21.87 Mn
Jun 30, 2025 12.51 Mn
Mar 31, 2025 20.34 Mn
Dec 31, 2024 -10.80 Mn
Sep 30, 2024 20.55 Mn
Jun 30, 2024 20.22 Mn
Mar 31, 2024 19.83 Mn
Dec 31, 2023 -11.18 Mn
Sep 30, 2023 11.59 Mn
Jun 30, 2023 19.04 Mn
Mar 31, 2023 11.27 Mn
Dec 31, 2022 44.00 Mn
Sep 30, 2022 18.50 Mn
Jun 30, 2022 10.07 Mn
Mar 31, 2022 17.44 Mn
Dec 31, 2021 38.51 Mn
Sep 30, 2021 18.02 Mn
Jun 30, 2021 16.38 Mn
Mar 31, 2021 16.20 Mn
Dec 31, 2020 16.91 Mn
Sep 30, 2020 10.95 Mn
Jun 30, 2020 9.36 Mn
Mar 31, 2020 15.44 Mn
Dec 31, 2019 16.42 Mn
Sep 30, 2019 16.82 Mn
Jun 30, 2019 15.33 Mn
Mar 31, 2019 15.10 Mn
Dec 31, 2018 -8.28 Mn
Sep 30, 2018 16.68 Mn
Jun 30, 2018 15.00 Mn
Mar 31, 2018 14.94 Mn
Dec 31, 2017 -9.34 Mn
Sep 30, 2017 10.07 Mn
Jun 30, 2017 15.51 Mn
Mar 31, 2017 8.91 Mn
Dec 31, 2016 -9.55 Mn
Sep 30, 2016 9.29 Mn
Jun 30, 2016 8.77 Mn
Mar 31, 2016 14.60 Mn
Dec 31, 2015 -8.07 Mn
Sep 30, 2015 15.38 Mn
Jun 30, 2015 14.55 Mn
Mar 31, 2015 14.29 Mn
Dec 31, 2014 14.16 Mn
Sep 30, 2014 8.26 Mn
Jun 30, 2014 14.24 Mn
Mar 31, 2014 13.75 Mn
Dec 31, 2013 -6.46 Mn
Sep 30, 2013 8.42 Mn
Jun 30, 2013 8.37 Mn
Mar 31, 2013 13.59 Mn
Dec 31, 2012 29.32 Mn
Sep 30, 2012 9.16 Mn
Jun 30, 2012 8.31 Mn
Mar 31, 2012 13.11 Mn
Dec 31, 2011 12.51 Mn
Sep 30, 2011 8.31 Mn
Jun 30, 2011 8.14 Mn
Mar 31, 2011 12.54 Mn
Mar 31, 2010 7.37 Mn