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Middlesex Water Q1 net income rises 11.88% to $10.61 million; revenue climbs to $48.71 million
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Middlesex Water Q1 net income rises 11.88% to $10.61 million; revenue climbs to $48.71 million
  • Net income for three months ended March 31, 2026 rose 11.87% to 10.61 million.
  • Revenue increased to 48.71 million from 44.3 million, due to base rate increases and higher consumption in Middlesex system, plus customer growth and rate increases in Tidewater system.
  • Operating income climbed to 13.1 million from 11.56 million.
  • Capital spending plan targets about 126 million in 2026, with projects including PFAS treatment upgrades and water main replacements.
  • Company projected about 506 million for 2026-2028 capital investment program, including about 255 million to upgrade Carl J. Olson Surface Water Treatment Plant to integrate PFAS removal.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Middlesex Water Company published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001628280-26-028887), on April 30, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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