American States Water (AWR) Operating Expenses (2010 - 2026)

American States Water (AWR) has reported Operating Expenses for 16 consecutive years, with $119.2 million the latest figure, recorded in Q4 2025.

• In Q4 2025, Operating Expenses rose 14.21% year-over-year to $119.2 million; the TTM figure through Dec 2025 stood at $454.8 million (up 10.66% YoY), while the FY2025 annual figure was $454.8 million, up 10.66% from the prior year.
• Operating Expenses fell to $119.2 million in Q4 2025 per AWR's latest filing, from $121.0 million in the prior quarter.
• Across five years, Operating Expenses topped out at $121.0 million in Q3 2025 and bottomed at $84.2 million in Q1 2022.
• Historically, Operating Expenses has averaged $99.4 million across 5 years, with a median of $98.1 million in 2022.
• Annual changes were most pronounced in 2023 — Operating Expenses surged 30.94% — and 2024, when it dropped 12.68%.
• American States Water's Operating Expenses stood at $86.6 million in 2021, then rose by 12.87% to $97.8 million in 2022, then fell by 7.62% to $90.3 million in 2023, then grew by 15.62% to $104.4 million in 2024, then climbed by 14.21% to $119.2 million in 2025.
• Business Quant data shows AWR's Operating Expenses at $119.2 million in Q4 2025, $121.0 million in Q3 2025, and $112.1 million in Q2 2025.