H2O America (HTO) Operating Expenses (2010 - 2026)
H2O America (HTO) posted quarterly Operating Expenses of $167.7 million for Q2 2026, up 8.63% year-over-year from $154.4 million in Q2 2025, and up 14.98% quarter-over-quarter from $145.9 million in Q1 2026.
H2O America (HTO) Operating Expenses (2010 - 2026) Analysis & Trends
H2O America (HTO) has reported Operating Expenses for 17 consecutive years, with $167.7 million the latest figure, recorded in Q2 2026.
- In Q2 2026, Operating Expenses rose 8.63% year-over-year to $167.7 million; the TTM figure through Jun 2026 stood at $650.6 million (up 7.18% YoY), while the FY2025 annual figure was $623.1 million, up 7.81% from the prior year.
- Operating Expenses advanced to $167.7 million in Q2 2026 per HTO's latest filing, from $145.9 million in the prior quarter.
- Across five years, Operating Expenses topped out at $175.9 million in Q3 2025 and bottomed at $107.7 million in Q1 2022.
- Historically, Operating Expenses has averaged $140.3 million across 5 years, with a median of $137.0 million in 2022.
- Annual changes were most pronounced in 2023 — Operating Expenses rose 2.52% — and 2024, when it grew 14.32%.
- H2O America's Operating Expenses stood at $121.0 million in 2022, then advanced by 11.45% to $134.8 million in 2023, then increased by 14.32% to $154.2 million in 2024, then grew by 4.47% to $161.0 million in 2025, then rose by 4.14% to $167.7 million in 2026.
- Business Quant data shows HTO's Operating Expenses at $167.7 million in Q2 2026, $145.9 million in Q1 2026, and $161.0 million in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | American Water Works Company | 26.12 Bn | 25.93 Bn | - | 813.00 Mn |
| 2 | Essential Utilities | 11.13 Bn | 11.12 Bn | - | 337.58 Mn |
| 3 | American States Water | 3.33 Bn | 3.32 Bn | 278.03 Mn | 119.24 Mn |
| 4 | California Water Service | 2.98 Bn | 2.89 Bn | 263.45 Mn | 237.70 Mn |
| 5 | H2O America | 2.57 Bn | 2.46 Bn | 197.11 Mn | 167.72 Mn |
| 6 | Middlesex Water | 1.08 Bn | 1.08 Bn | - | 38.13 Mn |
| 7 | Consolidated Water | 516.40 Mn | 390.07 Mn | 10.92 Mn | 9.10 Mn |
| 8 | York Water | 512.13 Mn | 511.57 Mn | - | 13.71 Mn |
| 9 | Artesian Resources | 358.76 Mn | 354.50 Mn | 26.56 Mn | 21.50 Mn |
| 10 | Pure Cycle | 272.86 Mn | 264.42 Mn | 4.29 Mn | 2.17 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 167.72 Mn |
| Mar 31, 2026 | 145.87 Mn |
| Dec 31, 2025 | 161.05 Mn |
| Sep 30, 2025 | 175.92 Mn |
| Jun 30, 2025 | 154.39 Mn |
| Mar 31, 2025 | 131.70 Mn |
| Dec 31, 2024 | 154.15 Mn |
| Sep 30, 2024 | 166.71 Mn |
| Jun 30, 2024 | 135.60 Mn |
| Mar 31, 2024 | 121.47 Mn |
| Dec 31, 2023 | 134.85 Mn |
| Sep 30, 2023 | 148.24 Mn |
| Jun 30, 2023 | 125.73 Mn |
| Mar 31, 2023 | 112.12 Mn |
| Dec 31, 2022 | 120.99 Mn |
| Sep 30, 2022 | 138.38 Mn |
| Jun 30, 2022 | 122.64 Mn |
| Mar 31, 2022 | 107.71 Mn |
| Dec 31, 2021 | 108.07 Mn |
| Sep 30, 2021 | 133.15 Mn |