Artesian Resources (ARTNA) Operating Expenses (2010 - 2026)
Artesian Resources (ARTNA) posted quarterly Operating Expenses of $21.5 million for Q1 2026, up 5.69% year-over-year from $20.3 million in Q1 2025, and down 3.39% quarter-over-quarter from $22.3 million in Q4 2025.
Analysis
Artesian Resources (ARTNA) Operating Expenses (2010 - 2026) Analysis & Trends
Artesian Resources (ARTNA) has reported Operating Expenses for 17 consecutive years, with $21.5 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Operating Expenses rose 5.69% year-over-year to $21.5 million; the TTM figure through Mar 2026 stood at $86.3 million (up 71.56% YoY), while the FY2025 annual figure was $85.2 million, up 71.02% from the prior year.
- Operating Expenses declined to $21.5 million in Q1 2026 per ARTNA's latest filing, from $22.3 million in the prior quarter.
- Across five years, Operating Expenses topped out at $22.3 million in Q4 2025 and bottomed at -$10.8 million in Q4 2024.
- Historically, Operating Expenses has averaged $14.4 million across 5 years, with a median of $19.0 million in 2023.
- Annual changes were most pronounced in 2022 — Operating Expenses tumbled 157.57% — and 2025, when it surged 306.08%.
- Artesian Resources' Operating Expenses stood at -$10.3 million in 2022, then surged by 284.06% to $19.0 million in 2023, then sank by 156.74% to -$10.8 million in 2024, then soared by 306.08% to $22.3 million in 2025, then decreased by 3.39% to $21.5 million in 2026.
- Business Quant data shows ARTNA's Operating Expenses at $21.5 million in Q1 2026, $22.3 million in Q4 2025, and $21.9 million in Q3 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | American Water Works Company | 27.58 Bn | 27.39 Bn | 874.00 Mn | 813.00 Mn |
| 2 | Essential Utilities | 11.92 Bn | 11.91 Bn | 377.22 Mn | 337.58 Mn |
| 3 | American States Water | 3.50 Bn | 3.47 Bn | 169.26 Mn | 117.32 Mn |
| 4 | California Water Service | 3.04 Bn | 2.95 Bn | 263.45 Mn | 237.70 Mn |
| 5 | H2O America | 2.69 Bn | 2.58 Bn | 197.11 Mn | 167.72 Mn |
| 6 | Middlesex Water | 1.09 Bn | 1.09 Bn | 30.96 Mn | 38.13 Mn |
| 7 | York Water | 541.63 Mn | 541.07 Mn | 17.56 Mn | 13.71 Mn |
| 8 | Consolidated Water | 466.73 Mn | 334.10 Mn | 10.96 Mn | 9.09 Mn |
| 9 | Artesian Resources | 371.08 Mn | 361.28 Mn | 29.37 Mn | 22.05 Mn |
| 10 | Cadiz | 345.84 Mn | 340.53 Mn | -24,000.00 | 9.81 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 22.05 Mn |
| Mar 31, 2026 | 21.50 Mn |
| Dec 31, 2025 | 22.25 Mn |
| Sep 30, 2025 | 21.87 Mn |
| Jun 30, 2025 | 20.69 Mn |
| Mar 31, 2025 | 20.34 Mn |
| Dec 31, 2024 | 21.21 Mn |
| Sep 30, 2024 | 20.55 Mn |
| Jun 30, 2024 | 20.22 Mn |
| Mar 31, 2024 | 19.83 Mn |
| Dec 31, 2023 | 19.03 Mn |
| Sep 30, 2023 | 19.91 Mn |
| Jun 30, 2023 | 19.04 Mn |
| Mar 31, 2023 | 18.44 Mn |
| Dec 31, 2022 | 20.88 Mn |
| Sep 30, 2022 | 18.50 Mn |
| Jun 30, 2022 | 18.17 Mn |
| Mar 31, 2022 | 17.44 Mn |
| Dec 31, 2021 | 17.96 Mn |
| Sep 30, 2021 | 18.02 Mn |