MSEX Q4 2025 Earnings — Middlesex Water Company Revenue & Financial Results | Market Cap Arena

MSEXMiddlesex Water Company

$979M

Q4 2025 Earnings

Utilities Regulated Water

Income Statement

Revenue

$47M-0.3% YoY

Gross Profit

$17M35.5% margin

Operating Income

$11M23.9% margin

Net Income

$9M18.3% margin

EPS (Diluted)

$0.46

QoQ Revenue Growth

-13.1%

Cash Flow

Operating Cash Flow

$18M

Free Cash Flow

-$6M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$1.4B

Total Liabilities

$870M

Stockholders' Equity

$495M

Cash & Equivalents

$3M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$47M	$47M	-0.3%
Gross Profit	$17M	$22M	-25.6%
Operating Income	$11M	$11M	+6.4%
Net Income	$9M	$9M	-2.3%