Growth Metrics

Middlesex Water (MSEX) Cost of Revenue (2023 - 2026)

Middlesex Water recorded quarterly Cost of Revenue of $23.0 million in Q1 2026, down 1.57% quarter-over-quarter from $23.4 million in Q4 2025, and up 9.02% year-over-year from $21.1 million in Q1 2025.

Middlesex Water's Cost of Revenue history runs 4 years deep, the most recent figure standing at $23.0 million for Q1 2026.

  • In Q1 2026, Cost of Revenue rose 9.02% year-over-year to $23.0 million; the TTM figure through Mar 2026 stood at $93.2 million (changed 0.2% YoY), while the FY2025 annual figure was $91.3 million, down 1.16% from the prior year.
  • Cost of Revenue came in at $23.0 million for Q1 2026 at Middlesex Water, down from $23.4 million in the prior quarter.
  • In the past five years, Cost of Revenue ranged from a high of $25.4 million in Q3 2024 to a low of $19.1 million in Q4 2023.
  • A 4-year average of $22.6 million and a median of $23.0 million in 2026 frame the typical range for Cost of Revenue.
  • Across the five-year window, Cost of Revenue advanced 29.59% in 2024 and decreased 6.39% in 2025, its largest moves.
  • Middlesex Water's Cost of Revenue stood at $19.1 million in 2023, then rose by 29.59% to $24.7 million in 2024, then retreated by 5.41% to $23.4 million in 2025, then slipped by 1.57% to $23.0 million in 2026.
  • According to Business Quant data, Cost of Revenue over the past three periods registered $23.0 million, $23.4 million, and $23.7 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 American Water Works Company 24.16 Bn 24.02 Bn 714.00 Mn 493.00 Mn
2 Aris Mining 20.33 Bn 19.86 Bn 233.28 Mn 139.20 Mn
3 Essential Utilities 10.48 Bn 10.40 Bn 685.96 Mn 175.80 Mn
4 American States Water 2.94 Bn 2.93 Bn 104.19 Mn 5.91 Mn
5 California Water Service 2.58 Bn 2.48 Bn 183.34 Mn 31.23 Mn
6 H2O America 2.18 Bn 2.03 Bn 171.30 Mn 12.00 Mn
7 Middlesex Water 959.61 Mn 957.57 Mn 25.70 Mn 23.01 Mn
8 Consolidated Water 465.28 Mn 344.14 Mn 10.92 Mn 19.06 Mn
9 York Water 430.12 Mn 430.12 Mn 13.98 Mn 5.99 Mn
10 Artesian Resources 332.86 Mn 328.60 Mn 26.56 Mn 1.22 Mn

Historic Data

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DateValue
Mar 31, 2026 23.01 Mn
Mar 31, 2026 23.01 Mn
Dec 31, 2025 23.38 Mn
Dec 31, 2025 23.38 Mn
Sep 30, 2025 23.74 Mn
Sep 30, 2025 23.74 Mn
Jun 30, 2025 23.07 Mn
Jun 30, 2025 23.07 Mn
Mar 31, 2025 21.11 Mn
Mar 31, 2025 21.11 Mn
Dec 31, 2024 24.71 Mn
Dec 31, 2024 24.71 Mn
Sep 30, 2024 25.36 Mn
Sep 30, 2024 25.36 Mn
Jun 30, 2024 21.83 Mn
Jun 30, 2024 21.83 Mn
Mar 31, 2024 20.47 Mn
Mar 31, 2024 20.47 Mn
Dec 31, 2023 19.07 Mn
Dec 31, 2023 19.07 Mn
Sep 30, 2023 22.58 Mn
Sep 30, 2023 22.58 Mn