American Water Works Company, Inc. earnings overview

AWK FY2026 Q1 · Calendar Q2 2026

American Water Works Company, Inc.

American Water Works delivered a mixed Q1 FY2026 result: revenue of $1.207B beat the $1.17B consensus by 3.1%, while adjusted EPS of $1.01 fell short of the $1.09 estimate by 7.3%. Despite the EPS miss, management reaffirmed full-year guidance targeting 8% EPS growth, raised the quarterly dividend 8.2%, and reported progress on the Essential Utilities merger with first state approval secured in Kentucky. Regulatory wins, $185M in PFAS manufacturer payments, and a CAMT tax refund of $84M bolster the cash flow outlook. The stock declined 3.7% on an abnormal basis following the report and drifted an additional 4.0% lower in subsequent sessions, suggesting the market focused on the EPS miss rather than the revenue beat and reaffirmed outlook.