Short answer
American Water Works (AWK) filed its Q3 2025 10-Q quarterly report on Oct 29, 2025 for the quarter ended Sep 30, 2025. Quarterly revenue was $1.4B (up 9.1% year over year) with net income of $379M.
Q3 2025 key financials · XBRL
- Revenue
- $1.4B
- +9.1% YoY · +13.9% QoQ
- Net income
- $379M
- +8.3% YoY · +31.1% QoQ
- Operating margin
- 42.4%
- EPS (diluted)
- $1.94
- +7.8% YoY · +31.1% QoQ
Source: XBRL data from the American Water Works (AWK) Q3 2025 10-Q on SEC EDGAR. USD.
American Water Works Q3 2025 10-Q analysis
AI summary of MD&A and risk factor updates
Management Discussion & Analysis
- Revenue details not explicitly disclosed in excerpt, no YoY comparison available
- Net income $873M (9 months 2025) vs $812M (9 months 2024), operating cash flow $1,396M vs $1,406M, slight decrease of $10M YoY
- Capital expenditures increased to $2,078M from $1,962M, ongoing investment focus with $3.2B planned for 2025
- Financing activities net cash inflow $852M vs $566M YoY, driven by $1,776M debt proceeds and $472M dividends paid
- Liquidity strong with $1,827M total available (cash + credit facility), debt/capitalization ratio 0.58 within covenant limit of 0.70
Risk Factors
- New risk: transaction and integration costs from proposed merger with Essential, offset by expected cost efficiencies uncertain near term
- Updated regulatory risk: forward sale agreements contain acceleration rights triggered by dividends, ownership thresholds, or bankruptcy, affecting liquidity
- Legal risk: automatic termination of forward sale agreements upon bankruptcy or insolvency, potentially withholding expected proceeds
- Market risk: dilution and EPS impact from issuance of 8,098,592 shares under forward sale agreements by December 31, 2026
- Financial risk: potential cash or share delivery obligations under forward sale agreements based on market price above forward sale price
Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K
Other American Water Works quarterly reports
Ask about this quarter
Compare quarters, check guidance or see what insiders and funds did around the report.