American Water Works Company (AWK) Operating Expenses (2010 - 2026)

American Water Works Company (AWK) posted Operating Expenses of $813.0 million for Q2 2026, little changed sequentially from $816.0 million in Q1 2026, and up 3.3% YoY from $787.0 million in Q2 2025.

American Water Works Company (AWK) Operating Expenses (2010 - 2026) Analysis & Trends

American Water Works Company has reported Operating Expenses for 17 years, with the latest figure at $813.0 million in Q2 2026.

  • Quarterly Operating Expenses rose 3.3% year-over-year to $813.0 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $3.3 billion (up 6.15% YoY) and the FY2025 annual result came in at $3.3 billion, up 9.95% from the prior year.
  • Operating Expenses steadied at $813.0 million in Q2 2026 per AWK's latest filing, from $816.0 million in the prior quarter.
  • Over five years, Operating Expenses peaked at $866.0 million in Q4 2025 and troughed at $596.0 million in Q1 2022.
  • A 5-year average of $728.1 million and a median of $716.5 million in 2023 frame the typical range for Operating Expenses.
  • The sharpest annual moves came in 2022 and 2024: Operating Expenses retreated 9.56% in 2022, then climbed 13.21% in 2024.
  • Over 5 years, Operating Expenses stood at $670.0 million in 2022, then gained by 9.4% to $733.0 million in 2023, then increased by 9.28% to $801.0 million in 2024, then climbed by 8.11% to $866.0 million in 2025, then decreased by 6.12% to $813.0 million in 2026.
  • According to Business Quant data, Operating Expenses over the past three periods registered $813.0 million, $816.0 million, and $866.0 million for Q2 2026, Q1 2026, and Q4 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 American Water Works Company 26.28 Bn 26.09 Bn - 813.00 Mn
2 Essential Utilities 11.19 Bn 11.18 Bn - 337.58 Mn
3 American States Water 3.36 Bn 3.34 Bn 278.03 Mn 119.24 Mn
4 California Water Service 3.00 Bn 2.91 Bn 263.45 Mn 237.70 Mn
5 H2O America 2.55 Bn 2.45 Bn 197.11 Mn 167.72 Mn
6 Middlesex Water 1.09 Bn 1.08 Bn - 38.13 Mn
7 Consolidated Water 526.24 Mn 399.91 Mn 10.92 Mn 9.10 Mn
8 York Water 516.77 Mn 516.21 Mn - 13.71 Mn
9 Artesian Resources 362.06 Mn 357.80 Mn 26.56 Mn 21.50 Mn
10 Pure Cycle 273.34 Mn 264.90 Mn 4.29 Mn 2.17 Mn

Historic Data

Download Data
DateValue
Jun 30, 2026 813.00 Mn
Mar 31, 2026 816.00 Mn
Dec 31, 2025 866.00 Mn
Sep 30, 2025 837.00 Mn
Jun 30, 2025 787.00 Mn
Mar 31, 2025 771.00 Mn
Dec 31, 2024 801.00 Mn
Sep 30, 2024 780.00 Mn
Jun 30, 2024 700.00 Mn
Mar 31, 2024 685.00 Mn
Dec 31, 2023 733.00 Mn
Sep 30, 2023 689.00 Mn
Jun 30, 2023 665.00 Mn
Mar 31, 2023 643.00 Mn
Dec 31, 2022 670.00 Mn
Sep 30, 2022 643.00 Mn
Jun 30, 2022 610.00 Mn
Mar 31, 2022 596.00 Mn
Dec 31, 2021 731.00 Mn
Sep 30, 2021 675.00 Mn