MSEX Q3 2025 Earnings — Middlesex Water Company Revenue & Financial Results | Market Cap Arena

MSEXMiddlesex Water Company

$979M

Q3 2025 Earnings

Utilities Regulated Water

Income Statement

Revenue

$54M-1.8% YoY

Gross Profit

$23M43.3% margin

Operating Income

$18M32.7% margin

Net Income

$14M25.8% margin

EPS (Diluted)

$0.77

QoQ Revenue Growth

+9.7%

Cash Flow

Operating Cash Flow

$12M

Free Cash Flow

-$7M

Stock-Based Comp.

$161,000

Balance Sheet

Total Assets

$1.3B

Total Liabilities

$859M

Stockholders' Equity

$483M

Cash & Equivalents

$3M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$54M	$55M	-1.8%
Gross Profit	$23M	$30M	-21.3%
Operating Income	$18M	$18M	+1.2%
Net Income	$14M	$14M	-2.5%