H2O AMERICA
Cash Flow Statement
| Line Item | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $19.0M | $16.2M | $45.1M | $24.7M | $16.6M | $22.9M | $38.7M | $20.7M |
| Depreciation & Amortization | $33.8M | $30.9M | $30.0M | $30.0M | $29.6M | $29.2M | $28.0M | $28.9M |
| Depreciation | — | — | — | — | — | — | — | — |
| Amortization | — | — | — | — | — | — | — | — |
| Stock-Based Compensation | $1.2M | $1.8M | $2.0M | $1.5M | $1.2M | $1.2M | $1.6M | $1.3M |
| Net Cash from Operating Activities | $43.7M | $63.5M | $77.3M | $60.8M | $43.2M | $41.5M | $53.5M | $49.3M |
| Investing Activities | ||||||||
| Capital Expenditures | — | — | — | — | — | — | — | — |
| Business Acquisitions | — | — | — | — | — | — | — | — |
| Net Cash from Investing Activities | $-92.9M | $-150.6M | $-151.7M | $-133.1M | $-84.8M | $-107.4M | $-101.7M | $-56.7M |
| Financing Activities | ||||||||
| Dividends Paid | $15.9M | $15.0M | $14.9M | $14.6M | $14.1M | $13.3M | $13.1M | $12.9M |
| Stock Repurchases | — | — | — | — | — | — | — | — |
| Net Cash from Financing Activities | $181.5M | $96.4M | $65.9M | $68.4M | $54.2M | $73.1M | $29.3M | $25.7M |
| Net Change in Cash | $132.3M | $9.4M | $-8.5M | $-3.8M | $12.6M | $7.1M | $-18.8M | $18.3M |
| Free Cash Flow | — | — | — | — | — | — | — | — |