Artesian Resources Corporation (ARTNA) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Revenue | 27.77M | 28.02M | 30.49M | 28.55M | 25.89M | 26.85M | 29.14M | 27.42M | 24.54M | 24.55M | 26.57M | 25.25M | 22.5M | 25.12M | 26.58M | 25.01M | 22.19M | 22.83M | 24.92M | 22.47M |
| Revenue Growth % | 7.29% | 4.34% | 4.63% | 4.13% | 5.47% | 9.39% | 9.68% | 8.57% | 9.11% | -2.28% | -0.05% | 0.96% | 1.39% | 10.03% | 6.67% | 11.31% | 7.47% | 4.95% | 0.74% | 3.3% |
| Cost of Revenue | 17.82M | 19.01M | 18.19M | 13.51M | 13.45M | 14.8M | 13.34M | 13.32M | 13.07M | 12.82M | 12.71M | 12.75M | 12.36M | 15.21M | 12M | 11.97M | 11.44M | 12.54M | 11.87M | 10.52M |
| Gross Profit | 9.95M | 9.01M | 12.3M | 15.04M | 12.44M | 12.05M | 15.8M | 14.09M | 11.47M | 11.73M | 13.86M | 12.5M | 10.14M | 9.91M | 14.58M | 13.04M | 10.75M | 10.28M | 13.05M | 11.95M |
| Gross Margin % | 35.84% | 32.15% | 40.33% | 52.66% | 48.06% | 44.86% | 54.23% | 51.4% | 46.74% | 47.78% | 52.16% | 49.51% | 45.07% | 39.44% | 54.86% | 52.12% | 48.45% | 45.04% | 52.37% | 53.17% |
| Gross Profit Growth % | -19.98% | -25.22% | -22.18% | 6.69% | 8.45% | 2.72% | 14.04% | 12.71% | 13.15% | 18.37% | -4.98% | -4.09% | -5.68% | -3.65% | 11.75% | 9.12% | 5.12% | 2.17% | 1.45% | 2.45% |
| Operating Expenses | 1.62M | 1.9M | 1.21M | 7.18M | 6.89M | 6.4M | 7.21M | 6.89M | 6.75M | 6.21M | 7.2M | 6.29M | 6.08M | 5.67M | 6.5M | 6.19M | 6.01M | 5.41M | 6.15M | 5.86M |
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| EBITDA | 11.79M | 10.64M | 14.59M | 11.27M | 8.9M | 9.1M | 11.88M | 10.62M | 8.18M | 8.97M | 10.1M | 9.42M | 7.28M | 7.51M | 11.29M | 9.9M | 7.83M | 7.79M | 9.87M | 9.06M |
| EBITDA Margin % | 42.44% | 38% | 47.85% | 39.47% | 34.39% | 33.87% | 40.76% | 38.74% | 33.34% | 36.53% | 38.03% | 37.32% | 32.38% | 29.89% | 42.48% | 39.57% | 35.28% | 34.15% | 39.6% | 40.34% |
| EBITDA Growth % | 32.39% | 17.04% | 22.82% | 6.09% | 8.79% | 1.43% | 17.56% | 12.72% | 12.36% | 19.45% | -10.52% | -4.8% | -6.95% | -3.69% | 14.43% | 9.21% | 5.02% | 1.18% | 1.69% | 2.79% |
| Depreciation & Amortization | 3.45M | 3.54M | 3.5M | 3.41M | 3.36M | 3.45M | 3.29M | 3.42M | 3.46M | 3.45M | 3.44M | 3.21M | 3.22M | 3.27M | 3.21M | 3.06M | 3.08M | 2.93M | 2.97M | 2.98M |
| D&A / Revenue % | 12.43% | 12.63% | 11.47% | 11.96% | 12.97% | 12.86% | 11.28% | 12.49% | 14.12% | 14.07% | 12.96% | 12.73% | 14.33% | 13.02% | 12.08% | 12.21% | 13.9% | 12.82% | 11.92% | 13.24% |
| Operating Income (EBIT) | 8.34M | 7.11M | 11.09M | 7.86M | 5.55M | 5.64M | 8.59M | 7.2M | 4.72M | 5.51M | 6.66M | 6.21M | 4.06M | 4.24M | 8.08M | 6.84M | 4.74M | 4.87M | 6.9M | 6.09M |
| Operating Margin % | 30.01% | 25.37% | 36.38% | 27.51% | 21.42% | 21.02% | 29.48% | 26.25% | 19.23% | 22.46% | 25.07% | 24.59% | 18.05% | 16.87% | 30.4% | 27.36% | 21.38% | 21.33% | 27.68% | 27.09% |
| Operating Income Growth % | 50.29% | 25.94% | 29.13% | 9.13% | 17.52% | 2.34% | 28.96% | 15.95% | 16.23% | 30.14% | -17.58% | -9.28% | -14.4% | -12.96% | 17.16% | 12.42% | 6.78% | 0.56% | 0.42% | -0.6% |
| Interest Expense | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Interest Coverage | 4.59x | 3.52x | 5.30x | 4.92x | 4.36x | 3.31x | 5.18x | 4.34x | 3.81x | 3.13x | 4.32x | 3.58x | 3.08x | 2.24x | 4.58x | 4.24x | 4.13x | 3.11x | 4.58x | 4.19x |
| Interest / Revenue % | 3.6% | 3.57% | 3.28% | 3.5% | 3.86% | 3.72% | 3.43% | 3.65% | 4.07% | 4.07% | 3.76% | 3.96% | 4.45% | 3.98% | 3.76% | 4% | 4.51% | 4.38% | 4.01% | 4.45% |
| Non-Operating Income | -342K | -1000K | -1000K | 598K | 1000K | -465K | 578K | 72K | 1000K | -842K | 659K | -172K | 958K | -1000K | -104K | -72K | 1000K | -748K | -58K | -40K |
| Pretax Income | 7.99M | 5.48M | 9.44M | 8.45M | 7.29M | 5.18M | 9.17M | 7.27M | 6.09M | 4.67M | 7.32M | 6.04M | 5.02M | 3.23M | 7.98M | 6.77M | 5.9M | 4.12M | 6.84M | 6.05M |
| Pretax Margin % | 28.78% | 19.55% | 30.94% | 29.61% | 28.15% | 19.28% | 31.46% | 26.52% | 24.82% | 19.03% | 27.55% | 23.9% | 22.31% | 12.84% | 30.01% | 27.07% | 26.6% | 18.05% | 27.45% | 26.91% |
| Income Tax | 2.06M | 1.34M | 2.47M | 2.16M | 1.85M | 1.33M | 2.35M | 1.95M | 1.68M | 1.19M | 2.25M | 1.59M | 1.31M | 900K | 1.83M | 1.73M | 1.42M | 1.06M | 1.78M | 1.54M |
| Effective Tax Rate % | 25.76% | 24.52% | 26.21% | 25.59% | 25.4% | 25.74% | 25.69% | 26.75% | 27.59% | 25.51% | 30.72% | 26.39% | 26.17% | 27.91% | 22.99% | 25.48% | 24.04% | 25.73% | 26.08% | 25.5% |
| Net Income | 5.93M | 4.13M | 6.96M | 6.29M | 5.43M | 3.85M | 6.81M | 5.33M | 4.41M | 3.48M | 5.07M | 4.44M | 3.71M | 2.33M | 6.14M | 5.05M | 4.48M | 3.06M | 5.06M | 4.5M |
| Net Margin % | 21.37% | 14.76% | 22.83% | 22.03% | 21% | 14.32% | 23.38% | 19.42% | 17.97% | 14.18% | 19.09% | 17.6% | 16.47% | 9.26% | 23.11% | 20.18% | 20.21% | 13.41% | 20.29% | 20.05% |
| Net Income Growth % | 9.18% | 7.52% | 2.19% | 18.12% | 23.21% | 10.49% | 34.35% | 19.85% | 19.06% | 49.68% | -17.46% | -11.95% | -17.35% | -24.02% | 21.52% | 12.01% | 6.59% | -1.73% | -0.14% | -1.34% |
| EPS (Diluted) | 0.57 | 0.40 | 0.68 | 0.61 | 0.53 | 0.37 | 0.66 | 0.52 | 0.43 | 0.34 | 0.49 | 0.44 | 0.39 | 0.24 | 0.65 | 0.53 | 0.47 | 0.32 | 0.54 | 0.48 |
| EPS Growth % | 7.55% | 8.11% | 3.03% | 17.31% | 23.26% | 8.82% | 34.69% | 18.18% | 10.26% | 41.67% | -24.62% | -16.98% | -17.02% | -25% | 20.37% | 10.42% | 4.44% | -3.03% | 0% | -2.04% |
| EPS (Basic) | 0.58 | 0.40 | 0.68 | 0.61 | 0.53 | 0.37 | 0.66 | 0.52 | 0.43 | 0.34 | 0.49 | 0.44 | 0.39 | 0.24 | 0.65 | 0.53 | 0.48 | 0.33 | 0.54 | 0.48 |
| Diluted Shares Outstanding | 10.32M | 10.32M | 10.31M | 10.31M | 10.31M | 10.3M | 10.3M | 10.29M | 10.29M | 10.28M | 10.28M | 10M | 9.51M | 9.51M | 9.49M | 9.47M | 9.46M | 9.43M | 9.43M | 9.43M |