Essential Utilities (WTRG) Operating Expenses (2009 - 2026)
Essential Utilities (WTRG) posted quarterly Operating Expenses of $551.1 million for Q1 2026, up 23.92% year-over-year from $444.7 million in Q1 2025, and up 16.74% quarter-over-quarter from $472.1 million in Q4 2025.
Essential Utilities (WTRG) Operating Expenses (2009 - 2026) Analysis & Trends
Essential Utilities (WTRG) has reported Operating Expenses for 18 consecutive years, with $551.1 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Operating Expenses rose 23.92% year-over-year to $551.1 million; the TTM figure through Mar 2026 stood at $1.7 billion (up 19.28% YoY), while the FY2025 annual figure was $1.6 billion, up 16.95% from the prior year.
- Operating Expenses grew to $551.1 million in Q1 2026 per WTRG's latest filing, from $472.1 million in the prior quarter.
- Across five years, Operating Expenses topped out at $551.1 million in Q1 2026 and bottomed at $273.8 million in Q3 2023.
- Historically, Operating Expenses has averaged $377.8 million across 5 years, with a median of $329.6 million in 2025.
- Annual changes were most pronounced in 2022 — Operating Expenses surged 35.17% — and 2023, when it slumped 42.95%.
- Essential Utilities' Operating Expenses stood at $535.4 million in 2022, then sank by 42.95% to $305.4 million in 2023, then rose by 23.67% to $377.8 million in 2024, then gained by 24.98% to $472.1 million in 2025, then advanced by 16.74% to $551.1 million in 2026.
- Business Quant data shows WTRG's Operating Expenses at $551.1 million in Q1 2026, $472.1 million in Q4 2025, and $307.2 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | American Water Works Company | 26.31 Bn | 26.12 Bn | - | 813.00 Mn |
| 2 | Essential Utilities | 11.23 Bn | 11.22 Bn | - | 337.58 Mn |
| 3 | American States Water | 3.35 Bn | 3.33 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 | 2.58 Bn | 2.47 Bn | 197.11 Mn | 167.72 Mn |
| 6 | Middlesex Water | 1.09 Bn | 1.09 Bn | - | 38.13 Mn |
| 7 | Consolidated Water | 515.76 Mn | 389.43 Mn | 10.92 Mn | 9.10 Mn |
| 8 | York Water | 513.67 Mn | 513.12 Mn | - | 13.71 Mn |
| 9 | Artesian Resources | 360.98 Mn | 356.72 Mn | 26.56 Mn | 21.50 Mn |
| 10 | Pure Cycle | 273.82 Mn | 265.38 Mn | 4.29 Mn | 2.17 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 337.58 Mn |
| Mar 31, 2026 | 551.12 Mn |
| Dec 31, 2025 | 472.11 Mn |
| Sep 30, 2025 | 307.20 Mn |
| Jun 30, 2025 | 329.64 Mn |
| Mar 31, 2025 | 444.72 Mn |
| Dec 31, 2024 | 377.76 Mn |
| Sep 30, 2024 | 280.17 Mn |
| Jun 30, 2024 | 289.12 Mn |
| Mar 31, 2024 | 381.40 Mn |
| Dec 31, 2023 | 305.45 Mn |
| Sep 30, 2023 | 273.85 Mn |
| Jun 30, 2023 | 281.45 Mn |
| Mar 31, 2023 | 500.98 Mn |
| Dec 31, 2022 | 535.42 Mn |
| Sep 30, 2022 | 308.76 Mn |
| Jun 30, 2022 | 311.02 Mn |
| Mar 31, 2022 | 471.65 Mn |
| Dec 31, 2021 | 396.11 Mn |
| Sep 30, 2021 | 260.41 Mn |