MSEXMiddlesex Water Company
$53.42+3.3% 1Y
$53.42
$47.9452 weeks$60.71
Latest close: back above its 200-day averageOct 9, 2026what changed →
The financials
Middlesex Water Company by the numbers
Middlesex Water Company (MSEX) reported revenue of $56M in Q2 2026 (quarter ended Jun 30, 2026), up 14% from the same quarter a year earlier. That came with net income of $15M (26% of revenue). For the full year FY2025, revenue was $195M (+1.5% year on year) and net income $43M. Its largest product in Q2 2026 was Regulated Tariff Based Services at $29M, 90% of the disclosed total, well ahead of Unregulated Service Contracts at 9.7%. The next results filing is expected around Oct 30, 2026, the same week as a year ago.
| Income statement | Q2 2026 | Q2 2025 | Change |
|---|---|---|---|
| Revenue | $56M | $49M | +14% |
| Operating income | $18M | $14M | +31% |
| Net income | $15M | $11M | +37% |
| Diluted EPS | $0.79 | $0.60 | +32% |
| Product | Revenue | Share |
|---|---|---|
| Regulated Tariff Based Services | $29M | 90% |
| Unregulated Service Contracts | $3.1M | 9.7% |
Business segments
Revenue split by product segment, from SEC XBRL filings.
Latest period: Jun 2026Total $32.0M (+18%)
Regulated Tariff Based Services grew +10% year on yearUnregulated Service Contracts -0.70% year on year
Segment Latestquarter on quarteryear on year
- Regulated Tariff Based Services$28.9M$28.9Mquarter on quarter +20%year on year +10%+20%+10%
- Unregulated Service Contracts$3.1M$3.1Mquarter on quarter +4.7%year on year -0.70%+4.7%-0.70%
Utilities, Regulated Water
Ranks #6 of 9 by RyuScore