H2O America
Income Statement
| Line Item | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $183.3M | $194.2M | $240.6M | $198.3M | $167.6M | $197.8M | $225.1M | $176.2M |
| Cost of Revenue | — | — | — | — | — | — | — | — |
| Gross Profit | — | — | — | — | — | — | — | — |
| Gross Margin | — | — | — | — | — | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $29.8M | $38.1M | $31.3M | $28.8M | $27.8M | $33.9M | $25.7M | $20.5M |
| Operating Income | $37.4M | $33.1M | $64.6M | $43.9M | $35.9M | $43.7M | $58.4M | $40.6M |
| Operating Margin | 20.4% | 17.1% | 26.9% | 22.1% | 21.4% | 22.1% | 25.9% | 23.0% |
| Interest Expense | $18.8M | $18.3M | $17.9M | $18.1M | $18.3M | $18.0M | $17.5M | $18.3M |
| Pretax Income | $22.4M | $14.6M | $50.9M | $29.3M | $20.0M | $24.0M | $40.6M | $24.4M |
| Income Tax Expense | $3.4M | $-1.6M | $5.8M | $4.7M | $3.5M | $1.1M | $1.9M | $3.7M |
| Net Income | $19.0M | $16.2M | $45.1M | $24.7M | $16.6M | $22.9M | $38.7M | $20.7M |
| Net Margin | 10.4% | 8.4% | 18.8% | 12.4% | 9.9% | 11.6% | 17.2% | 11.7% |
| EPS (Basic) | $0.50 | $0.46 | $1.27 | $0.71 | $0.49 | $0.70 | $1.17 | $0.64 |
| EPS (Diluted) | $0.49 | $0.45 | $1.27 | $0.71 | $0.49 | $0.70 | $1.17 | $0.64 |
| Shares Outstanding (Basic) | 37.9M | 35.0M | 35.5M | 34.8M | 33.8M | 32.7M | 32.9M | 32.4M |
| Shares Outstanding (Diluted) | 38.5M | 35.1M | 35.6M | 34.9M | 33.9M | 32.8M | 33.0M | 32.5M |
| Dividends Per Share | $0.44 | $0.42 | $0.42 | $0.42 | $0.42 | $0.40 | $0.40 | $0.40 |